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What Are The Limitations of Filing for Bankruptcy?
“A bankruptcy court is without jurisdiction to adjudicate controversies over property in the possession of an adverse party without the consent of such party.” - In re St. Cloud Tool and Die Co, 533 F.2d 313

What is an automatic stay?
An automatic stay is created when a person files for bankruptcy under either Chapter 7 or Chapter 13.

Uniform Commercial Code - UCC
The Uniform Commercial Code, or UCC, is an excellent tool for business owners to protect themselves with small business laws as both creditors and as debtors. Using UCC filings to your advantage can stretch your credit with both lenders and vendors. Likewise, as a creditor, if you keep active UCC filings on your biggest customers, you can protect your business against a client's nonpayment. For example, if you have a nonpaying customer and bring a lawsuit against them, you may wait months for a judgment; and you might not be adequately compensated even if the lawsuit rules in your favor. As a small business owner, you could have a UCC filing from the beginning and prove the debt.
How to Properly Prepare and File for Bankruptcy
Are you thinking about filing for bankruptcy? This process can seem daunting and overwhelming in the midst of an already stressful time. Here are the basic steps in the filing process:
Interest Rate Hike Shocker!
The article discusses the current economic condition and how it came to be. It outlines what steps need to be taken to right the wrongs of previous administrations and their policies, and it discusses how a higher interest rate would benefit the U.S. by bringing capital flows back towards the Dollar.
Can you simply grow out of trouble?
While it is important that revenue growth and margins are given enough attention, they are really the responsibility of the operating management. Also, the operating management must be equally charged with task of ensuring proper cash flows. At the board and CEO level, the focus must clearly be on things such as –markets and sustainability of business logic, market size & growth in market size, quality of its balance sheet, product or services portfolio, brand building, innovation, leadership development, and process culture. CEO and his management team must develop and implement strategies addressing these areas.
Debt Settlement and the facts of associated Income Taxes
Discusses the consequences of of taxes when debt is being forgiven. Explains the insolvency factor that permits most debtors to exclude canceled debts from income.
The PROs and CONs of Debt Settlement
This article will cover the most basic reasons why consumers sometimes don't feel comfortable with a debt settlement program. I think the main reason is because there are debt agents who just don't do a good enough job explaining the program, as my title states, the Pro's AND the Con's.

Obama vs. China…Let’s Get Ready To Rumble!!!
Obama vs. China. This can't be good for the U.S. dollar, U.S. treasuries but it could be good for gold!
Investing In Sons Business Could Cause A Real Family Feud
It sounds like your wife wants to make a gift of the money, expecting nothing in return but the undying love of her last born son. You, on the other hand, don't know if you should offer the money as a loan (should I loan him the money) or as an investment (worried that my investment will be lost). Until you can make that distinction, your money should remain in the bank.

Other creditor Related Articles

Credit Scoring
Ever wonder how a creditor decides whether to grant you credit? For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards and auto loans. More recently, credit scoring has been used to help creditors evaluate your ability to repay home mortgage loans. Here's how credit scoring works in helping decide who gets credit -- and why.
Uniform Commercial Code - UCC
The Uniform Commercial Code, or UCC, is an excellent tool for business owners to protect themselves with small business laws as both creditors and as debtors. Using UCC filings to your advantage can stretch your credit with both lenders and vendors. Likewise, as a creditor, if you keep active UCC filings on your biggest customers, you can protect your business against a client's nonpayment. For example, if you have a nonpaying customer and bring a lawsuit against them, you may wait months for a judgment; and you might not be adequately compensated even if the lawsuit rules in your favor. As a small business owner, you could have a UCC filing from the beginning and prove the debt.
Credit Alliance Group compares Debt Consolidation vs. Debt Management vs. Debt Settlement
The average American household has 20-30K of unsecured debt. Our economy as a whole is drowning in credit card debt, medical bills, personal loans, and just unsecured debt in general. In order to get out from underneath this huge burden of bills and those harassing creditor calls we have resorted to finding debt relief options such as Debt Consolidation Loans, Debt Management Programs, and your array of Debt Settlement Companies. I’m in shock to see the countless amounts of people that look for these different options and not put the time and energy into researching the cause and effects that it has on your credit score, credit report, and your financial future. By the time you have read through this article I hope you have a better understanding of the pros and cons of each of the different debt relief choices available.
Auto Dealers Failing to Maintain Proper Documents Regarding Loans
In the era of auto dealership consolidations, short sales and creditor issues, many of our auto dealer clients and the sellers and buyers we are dealing with, have failed to adequately protect loans they have made to their dealership. Or worse, they have failed to protect investors or family members who have invested in their business, never contemplating that things might not work out. The following is what is essential to protect yours and your friends and family's investments in your company, or your investment in someone eleses company.

Beware of Charged off Debts!
As debtors you will want to look for an easy solution to the sticky situation you have gotten into – not being able to pay the debt. You and the creditor may come into an agreement over the debt and he will agree to charge off the debt because it has become worthless. It is known as “Specific Charge Off” method.
An outlook on the future of Debt Consolidation Companies
Every program is unique and results will vary depending on your ability to pay and the creditor profiled enrolled.

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