Tag Archive | "bankruptcy"

Worker Adjustment Retraining and Notification Act (WARN)

Friday, September 18, 2015

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This act was created in the 1980’s and protects hourly and salaried workers involved in mass layoffs, even those in a managerial or supervisory role. According to U.S. Department of Labor, “WARN offers protection to workers, their families and communities by requiring employers to provide notice 60 days in advance of covered plant closings and covered […]

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Making Good Buying Decisions

Thursday, February 19, 2015

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How do you decide what products to buy? How do you decide which brand or which model or where to buy it? Research, research, research… Now, not all products need the same amount of research. Buying a pack of staples or paper clips is probably not that important to most consumers. However, if you are […]

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Saving Money

Thursday, January 29, 2015

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We’re all supposed to save money. Some reasons are obvious, some not so much. And of course saving money can mean different things. For instance, we can save money on something and have more for something else and we can also save money to have it for a specific purpose. They’re sort of connected in […]

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Rising Bankruptcy claims among Baby Boomers

Thursday, August 28, 2014

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In both absolute and relative terms, the number of bankruptcy cases being filed by baby boomers is on the rise.  A recent ABI study found that 42% of all individuals filing for bankruptcy were between the ages of 45 and 64. In addition, the rate of filings among older Americans is increasing faster than their younger […]

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Pros and Cons of Bankruptcy

Friday, June 20, 2014

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Bankruptcy comes with its pros and cons. These pros and cons depend on the situation and are different for everybody. Keep in mind that the very wealthy would find their threshold of acceptable debt to be much higher than a fast food worker; those with varied assets would find their thought process to be much […]

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Can bankruptcy get rid of my tax debt?

Saturday, April 21, 2012

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SmithLaw is often asked this question during our bankruptcy consultations. Some income tax may be dischargeable during a Chapter 7 or Chapter 13 bankruptcy. (Other types of taxes are usually treated differently.) But specific rules govern what type of income tax debts can be discharged. The basics: Tax debts are all associated with specific years […]

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Celebrity Bankruptcy and Foreclosure News

Saturday, March 17, 2012

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Though one might assume that celebrities would be immune to troubles like bankruptcy and foreclosure, this is not always the case. SmithLaw took some time to see which celebrities are facing trouble these days. Bankruptcy Gary Busey, recently known as the Pepperoni Prophet on Celebrity Apprentice, filed for bankruptcy. His debt is estimated to be […]

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Florida Bankruptcy Resources

Sunday, March 11, 2012

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Going through a bankruptcy is stressful enough, without the added concern of not being able to find detailed information about its limitations, procedures, and outcomes. SmithLaw created our blog for just this purpose–as a helpful resource for those seeking basic information about various legal issues. Below. we have listed some other resources that you might […]

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Foreclosure News for Manatee County, Florida

Thursday, March 1, 2012

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Foreclosure News for Manatee County, Florida  It looks like Manatee County, Florida is doing pretty well with its foreclosure rate, compared to nationwide trends. According to the RealtyTrac.com website, 1 in every 262 housing units in Manatee County was in foreclosure in January 2012 (meaning foreclosure filings have commenced). Compared to the national average of […]

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