Tanisha Warner: Young debtor, learn the basics before it’s too late
I have $5,000 worth of debt in collections. I want to take care of this. My grandma told me to go to an attorney, a friend told me to do a debt relief program. I am 25 years old and don’t make a lot of money. What should I do to get out of this [...]
U.S. Capital/Fashion Mall, LLC File Petitions for Bankruptcy in the Southern District of Florida
Introduction On February 24, 2012, U.S. Capital/Fashion Mall, LLC, and its parent company, U.S. Capital Holdings, LLC (collectively, “U.S. Capital”), filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the Southern District of Florida. U.S. Capital owns the Plantation Fashion Mall in Broward County, Florida. According to the company’s Chapter 11 [...]
Five Luxuries to Avoid During Credit Repair
Long-term credit repair is a lifestyle decision, one that requires lasting change to accompany your financial goals. In other words, even if you hire professional credit repair help, the process will work best if you take a hard look at how sloppily you’re handling your finances. If you are new to the game, easing yourself [...]
Sally Herigstad: Old, unpaid debts can resurface at any time
I had some credit cards back in 1996. At that time, I was married. My husband and I divorced in 1997. I got my maiden name back during the divorce. I received credit card bills in my married name for several years, but then it changed to my maiden name. I have not paid on [...]
Clinical Research Firm, Cetero Research, Files Petitions for Bankruptcy in Delaware
Introduction On March 26, 2012, Contract Research Solutions, Inc., and certain affiliates (collectively “Cetero”), filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. In a declaration prepared by Cetero’s Chief Financial Officer (the “Declaration” or “Decl.”), the company stated that prior to filing for bankruptcy it had [...]
Paying Taxes with Credit Cards: The Dos and Don’ts
Unfortunately, many Americans will see a bill from Uncle Sam instead of a refund this tax season. Underpaying throughout the year can lead to a hefty sum by April 17, one that is difficult to bear. If you are wondering, “How can I fix my credit and pay my tax bill?” you may be looking [...]