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Is It Time For Bankruptcy?

Deciding whether or not to file for bankruptcy is a stressful and complex situation that is further burdened by social stigmas. Nevertheless, bankruptcy might be the right choice for you. Many people believe that by filing for bankruptcy, they will never be accepted for loans again, but this is not true at all. Your bankruptcy…

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Collectibles, Art, Antiques, and Capital Gains Tax

Almost every asset that can be sold will also be taxed, including valuables such as antiques, fine art, and collectibles. In fact, the rate of federal taxation on collectibles is one of the highest for investment property. When you plan your estate, it is important to take this taxation into account. You should not leave…

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Dex Media Bankruptcy

Dex Media, Inc. is a digital marketing company that has undergone organizational changes, mergers, and bankruptcies within the past decade. Now it is preparing for yet another bankruptcy to begin in December 2015. The Chapter 11 bankruptcy filing is meant to alleviate over $2.3 billion in debt with the help of its senior lenders. The…

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Beware of Debt Relief Scams

Beware of Debt Relief Scams It seems that Debt Relief Scams are everywhere. Anyone who has experienced debt knows how stressed out and desperate it can make you feel. It seems impossible to pay off debts while more bills are constantly coming in, and a person can easily become desperate enough to seek relief from…

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Chapter 9 Bankruptcy

Chapter 9 of the Bankruptcy Code provides for the reorganization of municipalities. These include cities and towns, counties, taxing districts, municipal utilities, and school districts. Although it is unlikely that you will ever take part in Chapter 9 proceedings, they are a very interesting part of bankruptcy law that can have widespread effects. History of…

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American Apparel files for Chapter 11 Bankruptcy

American Apparel, the notorious American-made clothing manufacturer and retailer based in Los Angeles, has been struggling for years. The company rose to prominence after being founded in 1989, but harsh competition has developed from retailers such as H&M and Forever 21 that provide cheaper fashionable clothing for their young customers. American Apparel has not made…

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Bankruptcy for Small Business Owners

If you own a small business and are experiencing financial distress, there are several bankruptcy options available to you. Although some require the company to be dissolved, others allow you to restructure and eliminate your debts while keeping your business afloat. Chapter 7 bankruptcy is an option for debtors that cannot afford to restructure and continue their…

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How to Handle an Inheritance

Inheritance Questions? Ask Ventura Attorney Dan Higson. Most people in the United States will receive some form of inheritance in their lifetime. This circumstance often combines the grief of losing a loved one with a feeling of financial relief. In this chaotic situation, it is important to consider how to correctly handle the acquisition of…

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Hathaway Law Firm Welcomes New Partner

Hathaway Law Firm Welcomes New Partner – Daniel Higson Hathaway Law (Ventura, California) The Ventura County law firm of Hathaway, Perrett, Webster, Powers, Chrisman & Gutierrez is pleased to welcome a new partner, attorney Dan Higson, who brings a specialty in bankruptcy law to the firm. Higson has practiced law in Ventura County for the…

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