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12 Nov, 2021
Reaves & Lee

Federal Tax Collections Set Record

According to the Monthly Treasury Statement, the federal government collected $283,927,000,000 in October; the first fiscal month of 2022. The federal government spent $448,983,000,000 in October; setting a second highest...

6 Nov, 2021
Reaves & Lee

Options For Repossession

A repossession is an action to recover collateral for a debt. The most common example is taking a car back from a person who bought it on credit. For many people facing financial hardship, losing their car may make debt...

27 Oct, 2021
Reaves & Lee

Can I Eliminate Tax Debt In Bankruptcy?

Tax debts can be costly in many ways. Unlike other types of debt, defaulting on paying your taxes can result in having your wages garnished, your property placed under lien, and even land you thousands of dollars more in...

13 Oct, 2021
Reaves & Lee

Bankruptcy Exemption Basics

You may have heard that filing for bankruptcy is bad because it will liquidate all your assets. This is false. Although there are some instances in which some of your income or assets could be used to pay debts to creditors...

4 Oct, 2021
Reaves & Lee

Plan For Debt Relief

Many people are looking for ways to decrease their spending, increase their earnings, and regain financial control. Times may be tough from time to time, but there are ways to prevent or get out of debt. Here are a few...