Seventies Teen Heartthrob David Cassidy Files for Chapter 11
Submitted by the Bond & Botes Law Offices - Friday, February 13, 2015
David Cassidy, famous as the dreamy Keith Partridge in the Partridge Family, has filed chapter 11 bankruptcy in Florida claiming $10 million in debt. Throughout his career David Cassidy sold over 30 million records but now he says he is broke. Although he recently won a lawsuit against Sony regarding profits from the Partridge family, it was not enough to get him out of debt.
Do You Need to File Your Tax Return Differently if You're in Chapter 13 Bankruptcy?
Submitted by the Bond & Botes Law Offices - Thursday, February 12, 2015
Tax season is upon us and if you are in a current Chapter 13, this is a great question! The lure of a large tax refund is very tempting to file electronically but if you owe any governmental agency to include taxes, student loans or child support arrears, you should file your tax return via snail mail. With your return, you should include a copy of your bankruptcy notice along with a copy of your
“The Shack” Closes It's Doors
Submitted by the Bond & Botes Law Offices - Wednesday, February 11, 2015
Social Security Administration Has Begun Accepting Benefit Applications for Same-Sex Couples
Submitted by the Bond & Botes Law Offices - Tuesday, February 10, 2015
In light of recent events, namely the U.S Supreme Court’s refusal to stay a U.S District Court’s decision that Alabama’s same-sex marriage ban was unconstitutional, it is important for Alabamians to know that the Social Security Administration has begun accepting benefit applications for same-sex couples in states where it is legal.
Are Medical Debts Dischargeable in Bankruptcy?
Submitted by the Bond & Botes Law Offices - Monday, February 9, 2015
How to Effectively Handle a Debt Collection Phone Call
Submitted by the Bond & Botes Law Offices - Friday, February 6, 2015
Nobody likes getting a phone call from a debt collector. If you’re being called about a legitimate debt that you know that you owe, your sense of your moral obligation to pay the debt is usually weighing heavily on your mind. After all, if you had the funds, you’d pay the debt and wouldn’t be getting calls in the first place.
Layoffs and Lower Gas Prices
Submitted by the Bond & Botes Law Offices - Thursday, February 5, 2015
I read with interest an article on myfoxal.com which discussed the potential layoff of hundreds of workers at the Fairfield Tubular Operations and Fairfield Works in the Birmingham, AL area. Nearly 1600 workers received notices but the actual number will depend on market demand according to the article.
Non Dischargeable Debts and Wishful Thinking
Submitted by the Bond & Botes Law Offices - Wednesday, February 4, 2015
Although bankruptcy can be a powerful tool for eliminating debt, not all debts can be wiped away. In addition, many clients are unsure of the effects of eliminating debts and often engage in wishful thinking regarding the outcome of the case.
Home Affordable Refinance Plan (HARP) to expire in 2015
Submitted by the Bond & Botes Law Offices - Monday, February 2, 2015
The Home Affordable Refinance Plan (HARP) is set to expire on December 31, 2015. Many Americans remain unaware of the program at all, much less that they may lose the opportunity to benefit from it later this year.
What Happens When I Receive a 1099-C After Filing Bankruptcy?
Submitted by the Bond & Botes Law Offices - Thursday, January 29, 2015
Most of you have received or will be receiving all the important tax documents like your W-2s and 1099s in the mail at this time of year so that you can start preparing your 2014 tax returns yourself or have a professional prepare them for you.
So what happens if you receive a 1099-C in the mail and you have already filed for bankruptcy protection?