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Category: bankruptcy_blog

7 Sep, 2012
Reaves & Lee

Co-Signing Loan Cautions

You may have been asked by a friend or family member to co-sign on a loan. Don’t do it! While it can be tempting to help out a friend or loved one in need, chances are you could be setting yourself up for some serious...

6 Sep, 2012
Reaves & Lee

Considering Bankruptcy

For many people, financial hardships arise through uncontrollable circumstances. Being laid off at work, suffering from a medical condition or losing a spouse in death or divorce can all be factors that lead a person into a...

6 Sep, 2012
Reaves & Lee

Fighting Tax Debts in Bankruptcy

You may have heard that tax debts are not dischargeable in bankruptcy. The truth is that some tax debts are eligible for bankruptcy, but there are specific rules as to which debts qualify. Settling Tax Debts The IRS is one of...

5 Sep, 2012
Reaves & Lee

American Airline Contract Approval

Tough negotiations between American Airlines parent corporation, AMR, and the pilot’s union have continued over the last few weeks. Despite tough debt restructuring plans, the pilots are holding firm to their denial of...