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Category: bankruptcy_blog

18 Apr, 2012
Reaves & Lee

Medical Debt Negotiation

Medical debts are one of the easiest and high balance debts to accumulate today. As health insurance coverage becomes unaffordable and services are backed by high prices, many people end up in bankruptcy over medical bills....

18 Apr, 2012
Reaves & Lee

Your 401(k) and Bankruptcy

Retirement funds and 401(k) account monies are generally exempt from liquidation in a bankruptcy filing. This rule applies mostly to Chapter 7 cases in which some of a person’s assets could be used to satisfy debts to...

17 Apr, 2012
Reaves & Lee

Paying Tax Debts

Now that tax season is over you may or may not find yourself owing the IRS money. While tax debts are not typically financially troublesome for most people, they can be overwhelming if you aren’t expecting them....

17 Apr, 2012
Reaves & Lee

Music Manager Files For Bankruptcy

The former business manager for the popular music group the Black Eyed Peas has found himself in financial trouble, with the group and personally. Admitting he failed to file income-tax returns for the group’s members...