During bankruptcy proceedings, the automatic stay is used as a tool to help individuals who are struggling through times of financial difficulty and are trying to fix their situation. Once the paperwork is filed for bankruptcy, the automatic stay goes into effect. It bars creditors from contacting debtors. Due to this, debtors do not have […]
Business bankruptcy is also called Chapter 11 bankruptcy. Through this form of bankruptcy, a business can be better financially equipped. They can go through a process to fix their situation and prepare for a more successful future. Chapter 11 bankruptcy will stop the shutdown of your business by any creditors, vendors or banks. By claiming bankruptcy, […]
Couples who are comprised of one U.S. citizen or permanent residents spouse and another that is from a foreign country are subject to a number of different restrictions. The spouse that came to the United States from elsewhere to get married has a conditional permanent resident status for the first two years. It is important […]
Individuals who live outside of the United States may have the opportunity to get an education in the country. These individuals must apply for a student visa that fits the type of schooling that they will go through. First, they have to apply for a Student and Exchange Visitor Program-approved school. Then they will need […]
If individuals have a job offer waiting for them in the United States but they are from a foreign country, they have the option to apply for an employment visa. Before entering the country, a work permit needs to be granted by the United States Citizenship and Immigration Services. Some foreign nations can fill out […]
When people are faced with financial troubles, they should consider filing for bankruptcy. Although bankruptcy may sound like you are accepting defeat, this is not true. There is a negative stigma surrounding bankruptcy but it can be a useful tool in rebuilding your financial future. Bankruptcy can be a way for individuals to get a […]
When an individual is struggling financially, they may be unsure of where to turn. There are a lot of different options to help an individual take hold of their situation. One such option is to file for bankruptcy. A chapter 7 consumer bankruptcy allows a debtor to use liquidation to discharge their debts. This can […]
Becoming a citizen of the United States is an honor and a privilege. The United States provides numerous opportunities. The American Dream is ready for those who wish to work hard enough to achieve it. If you have a Green Card and are in the United States as a lawful permanent resident, you may be […]
When individuals and businesses are facing serious debt, they may feel overwhelmed by contact from creditors who are looking to collect money. Of course, feeling under pressure to make payments on outstanding debt can be very stressful. When so much is on the line, many people start thinking about the possibilities of filing for bankruptcy. […]
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