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Read About Taxes Below
Identity Theft – Impacting Your Taxes?
Richard A. Chapo
If your identity is stolen, your finances can quickly become a nightmare. A less obvious problem is the effect identity theft can have on your taxes. Identity Theft Generally, thieves steal your...
Life, Liberty and the Pursuit of Higher Taxes
J.J. Jackson
On Thursday, June 23rd, 2005 the Supreme Court of these United States declared war on the people. On that dark day, five black robed tyrants, issued a decision that rewrote our unalienable rights as...
Military Reservists, Enlistees May Get Deferral Of Back Taxes
Richard Chapo
Reservists called to active duty and enlistees in the armed forces may qualify for a deferral of taxes owed if they can show that their ability to pay taxes was affected by their military service.
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Our taxes going down the drain...
Birmingham UK Com
High steel prices have led to an increase in manhole and drain cover theft across the UK. In fact, metals in general are high on the priority list for thieves with white vans and scrap metal...
Poker & Taxes
Greedy Gecko
Poker & Taxes (For Non-Professional Players)
Benjamin Franklin said, "In this world nothing is certain but death and taxes." Unfortunately, our poker endeavors are not immune from this phrase. This...
Real Estate For Beginners: Residential Property Taxes
Nicole Soltau
Whenever you own a piece of land, you will be taxed for it. Whether it is commercial property or residential property, there is still a tax to pay, whether it is for a village, town, city, county, or...
Reservists, Enlistees May Get Deferral of Back Taxes
Richard A. Chapo
Reservists called to active duty and enlistees in the armed forces may qualify for a deferral of taxes owed if they can show that their ability to pay taxes was affected by their military service. ...
Review: Small Business Taxes Made Easy
Alyice Edrich
Publishing Guidelines: You may freely reprint this article in a print or online magazine, e-zine, or newsletter provided you leave the byline intact, don’t change the content (except for...
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Alabama
Get The Facts on Debt!
Repossessions, wage garnishment, property seizures and foreclosures are words which strike fear into the heart of every consumer.
The general assumption is that overdue debts will result in these drastic measures. Sure, if you've put up property as collateral on a loan which you are unable to pay, it will typically be seized or repossesed. But the same does not necessarily hold true for unsecured debts. In reality very few creditors will ever push for garnishment on small unsecured debts. Garnishment and seizure are a creditor's most effective weapons to collect an outstanding debt, but they are also very expensive and time-consuming to the creditor. While it is within the creditor's legal rights to pursue collections through any of these means, the cost of recovering a debt often exceeds the amount of the debt itself, and so it's not always cost efficient to force a collection.
Sadly enough, in the United States alone thousands of bankruptcies are filed every week in response to collection efforts on unsecured debts under $5000. Consumers are so intimidated by creditors that they fold under the perceived pressure, resorting to bankruptcy as a means of escaping an unsecured debt. If these same consumers had simply ignored the threatening letters and intimidating phone calls, they would have discovered that most creditors are all bark and no bite. Bankruptcy is arguably the worst type of negative listing you can have, and it is almost certain to wreak havoc on your credit report for the next ten years. You should therefore consider a bankruptcy lawyer only as a last resort, and possibly never as an option to escape a relatively small, unsecured debt.
