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Advantages of Chapter 13 Bankruptcy

Chapter 13 offers individuals a number of advantages over liquidation under chapter 7. Perhaps most significantly, chapter 13 offers individuals an opportunity to save their homes from foreclosure. By filing under this chapter, individuals can stop foreclosure proceedings and may cure delinquent mortgage payments over time. Nevertheless, they must still make all mortgage payments that [...]

By |2010-07-14T16:58:17-05:00July 14th, 2010|Bankruptcy Blog|0 Comments

New Passport Fee Hike

Department of State issued new passport fees for the U.S. Passport Book, the U.S. Passport Card, and other passport services went into effect on Tuesday, July 13th, 2010. The schedule of new fees for passport application services is as follows: U.S. Passport Book: · Adults (Age 16 and older): First-Time, $110, Acceptance Fee, $25, Total [...]

By |2010-07-14T14:33:39-05:00July 14th, 2010|Immigration Blog|0 Comments

New Schedule of Consular Fees to Take Effect on July 13, 2010

On June 28, 2010, the U.S. Department of State published its Schedule of Fees for Consular Services in the Federal Register. The schedule includes fees for passports, immigrant visas and other consular services. The changes will take effect on July 13, 2010, 15 days after publication in the Federal Register. The revised fees will cover [...]

By |2016-11-14T23:35:11-06:00July 14th, 2010|Immigration Blog|0 Comments

Step One- Student Visa (F-1 Visa)

The first step for a prospective nonimmigrant student is being accepted for enrollment in an established school, college or university which is SEVP certified. In general, for academic students, including those in language training, F visas are the appropriate category, and for nonacademic vocational students an M visa is the appropriate category. If you are going [...]

By |2016-11-14T23:35:11-06:00July 13th, 2010|Immigration Blog|0 Comments

What Is Current Monthly Income Mean in Bankruptcy?

The "current monthly income" received by the debtor is a defined term in the Bankruptcy Code and means the average monthly income received over the six calendar months before commencement of the bankruptcy case, including regular contributions to household expenses from nondebtors and including income from the debtor's spouse if the petition is a joint [...]

By |2010-07-12T05:05:11-05:00July 12th, 2010|Bankruptcy Blog|0 Comments

Alternatives to Chapter 7 Bankruptcy

Debtors should be aware that there are several alternatives to chapter 7 relief. For example, debtors who are engaged in business, including corporations, partnerships, and sole proprietorships, may prefer to remain in business and avoid liquidation. Such debtors should consider filing a petition under chapter 11 of the Bankruptcy Code. Under chapter 11, the debtor [...]

By |2010-07-12T04:45:25-05:00July 12th, 2010|Bankruptcy Blog|0 Comments
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