Category : Bankruptcy : Business & Finance

How to Collect Bad Debts

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If you own a small business and frequently deal with clients, you might encounter a few late payments and non-payments. But fortunately, there are ways to deal with unreliable clients. Rather than write-off non-payments and lose money, take steps to collect the money owed. You can employ several tac

What Is Bankruptcy Chapter 7?

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Bankruptcy is the legal process for handling debt problems for individuals and businesses. Chapter 7 is the informal reference to the Bankruptcy Code of the United States Federal Bankruptcy Law. Changes to prevent bankruptcy fraud and abuse were made on April 20, 2005, when President Bush signed int

Mechanics Savings Bank

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Mechanics savings bank is the locally owned bank in the Richland country. It has been providing its services for more than 125 years to the resident of Mansfield, Ohio. Their main mission is to improve the lives of community and people to which they serve. Mechanics savings bank offers numerous acco

Fastest Way to File Bankruptcy

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The fastest way to file for bankruptcy is to do it yourself, but that may not be the best way. You can personally file for bankruptcy after having undergone credit counseling and spending just several hours gathering the necessary information and forms. That means theoretically, you could undergo cr

What Bankruptcy Implies

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Bankruptcy implies that one is no longer able to pay for debt owed to other people. This is due to the fact that liabilities exceed assets as a result of poor financial management. The debtor has therefore to file a petition in court to stop the creditors from pursuing him any further. This could be