Tag Archive | "court"

Selecting a Bankruptcy Attorney

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


Whenever there is a situation of bankruptcy, no matter if it is business or individual involved; you have to consult a bankruptcy attorney to sort out the condition. To ensure the precise conduct of the proceedings and files, it is necessary for you to seek help from a professional.There are certain conditions when you can take care of the procedures yourself. However, there are a number of technicalities involved when it comes to bankruptcy.

Bankruptcy Attorney

Therefore, you are suggested to get the services of a reputable professional who has knowledge of all the related matters.

Handling bankruptcy matters

There are certain matters that must be taken in account before choosing an attorney for your representation. It does not matter if the attorney you are seeking help from is for business concerns or personal matters. Every attorney is not able to handle the cases of bankruptcy. The legal matter regarding bankruptcy can best be understood by a specialized lawyer.

Where to search for a bankruptcy attorney?

You are recommended to start you search for a bankruptcy lawyer by getting help from a person that you trust. There is nothing more authentic than a recommendation from a satisfied client. The next place that you must look consider for searching is the local newspaper. Scan through the advertisement section of the paper, and you are most likely to be able to find all the contact information.

Online search engines

Online search engines have provided people with an easy way out. You can get all the info regarding a specialized lawyer through online search. All the reputable law firms and individuals use the internet for the advertisement of their services.

Read the full story

Laws related to Swiss Bank Accounts

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


Opening an account in Swiss banks is accompanied with some rules, laws, and regulations. The basic rule is about the age of account opener, that if the account opener is a national of any other country, other than Switzerland, that account opener should be above 18 years old. The exemption and taxation on your amount is also done under certain rules.

Laws and Regulations of Swiss Banks

In Switzerland, nobody, even the Swiss government is allowed to reveal any information regarding accounts or account holders until an account holder is not a criminal.

swiss bank account

But in USA even a private citizen has an easy access to it, i.e. in America any one; even a normal citizen can get information of any account holder. The Swiss banker’s requirement of client confidentiality is found in Article 47 of the Federal Law on Banks and Savings Banks, which came into effect on November 8, 1934. In the books of banking laws, this article act is defined as;

“Anyone acting in his/her capacity as member of a banking body, as a bank employee, agent, liquidator or auditor, as an observer of the Swiss Federal Banking Commission (SFBC), or as a member of a body or an employee belonging to an accredited auditing institution, is not permitted to divulge information entrusted to him/her or of which he/she has been apprised because of his/her position.”

Exceptions of Swiss bank accounts

It is discussed in Swiss Bankers Association that no bank is allowed to provide the information and details of any account to any one.

Read the full story

What Happens If You Don’t Pay Your Credit Card Bill?

Tags: , , , , , , , , , , , , ,


This is a question that every credit card holder fears the most. Not knowing what will happen if they fail to pay the bills might be enough to haunt the credit card holders to make them panic.

credit card bill

But the truth is that there is not much that credit companies can do to make you pay. First of all, they will start to call and harass you for payments. Keep in mind that harassing is actually illegal, and by knowing well about your rights, you can set the line after which you can legally report about the company’s harassment.

There are certain credit card companies that have employees especially trained to threaten the client by telling them that they can take over their house, etc. So be prepared to face some harsh talks, it can become very stressful for some people. You might also start getting some demanding letters in the mail from them.

Read the full story

Debt Collection And The Statute of limitations

Tags: , , , , , , , , , , , , , , , , , , , , , , ,


The statute of limitations is the total time period that a creditor has, with respect to debt collection, to file a lawsuit for a delinquent debt.

stockxpertcom_id8974902_jpg_c96b7e45f80041c4dfbac868871a0fed[1]-704426

But it is also possible that once the statute of limitations expires, a consumer may still be slapped with a lawsuit.

A consumer may have a lawsuit dismissed, once the statute of limitations runs its course, on its basis. But it is most likely that the collection process won’t stop by writing a letter to the collection agency regarding the statute of limitations.

Read the full story

Federal Reserve Says Disclosing Loans Will Hurt Banks

Tags: , , , , , , , , , , , , , , , , , , , , , ,


The Fed’s board of governors asked the Manhattan Chief U.S. District Judge, Loretta Preska, to delay the enforcement of her decision, which she took on 24th August about the identities of borrowers.

federal-reserve

The decision required that the identities of borrowers in 11 lending programs must be made public by Aug. 31. Until the U.S. Court of Appeals in New York can hear the case, until the U.S. Court of Appeals in New York can hear the case, the central bank wants Preska to stay her order.

Read the full story