Do Your Own Taxes - Fee from Refund
Bankruptcy
Claiming Social Security Disability


Death & Taxes

We have Information to Help You with Either


Got Question for a CPA Mom?


IRS wants you to retire Financially Free!     We will answer your questions and give you options about how to become Financially Free when you retire

Tax answers/options when you sell your Home.      We will answer your questions about the tax free home sales and give you options on tax free exchanges

So, You got a letter from IRS?  We can help.    Letters from IRS are scary. We will answer your questions at no charge.

S-Corp, LLC, C-Corp, Partnership - Your Choice?    Selecting the correct Business Entity is confusing.  We will give you the tax options of each Business Entity.

How not to pay taxes when you sell income property.    We will explain how to do a tax free exchange & not pay taxes when you sell your income property.

To pay for Services - Please click on Paypal Logo below

FREE 2008 CPA Moms Tax Review Details
Divorce & Taxes
Offer in Compromise
Installment Payment for Taxes
Credit Reports
Social Security
Do Your Own Taxes - Fee from Refund
Deliquent Tax Returns
Garnishment
Retirement Planning
FREE 2008 Tax Return Review Details
CPA Moms Master Index
Alimony Deductions
Moving Deductions
Contribution Deductions
Job Hunting Deduction
Education Deductions
Adoption Deductions
Medical Deductions
Mileage Deductions
Car Donation Deductions
Bad Debt Right Off
Hybrid Cars Deductions
Educator Deductions

 


The Bankruptcy Record is open to the Public
Jakob Jelling

Before you file for bankruptcy, it is important to realize that all bankruptcy proceedings will be listed in public bankruptcy records. Therefore, if you have filed for bankruptcy, it is possible for anybody - including future employers or creditors - to easily look up your bankruptcy record while trying to discover your financial history. This can be very annoying in the future, and might make it harder for you to get credit that you need.


Another result of this is that there is really no point in neglecting to mention that you have had to file for bankruptcy in the past. Since the information is public, you cannot easily hide that information from a future creditor. However, you can also find out whether or not your own information is still listed on the bankruptcy record, and you can also find out exactly what information other people have access to by searching for yourself.


There is a benefit to having bankruptcy records, however, and that comes if you are going to invest in a company, or if you're looking to buy from one. You can find out what a company's bankruptcy history is, which will give you a good idea as to whether or not they are worth investing in. This is especially useful since the bankruptcy proceedings regarding smaller companies rarely make the news - and you probably will not have heard that a particular company has ever gone bankrupt.


Another thing that you can look for if you need more information would be the bankruptcy records that were filed by the bankruptcy court. These records will have detailed information about the bankruptcy proceedings, so you can find out what to expect if you end up doing business with that particular company.


However, it's important to note that just because your name is listed in the bankruptcy records does not mean that it will be impossible for you to get a loan or other line of credit if you need it. In fact, in most cases you will still be able to get credit after a bankruptcy, especially if you allow time to pass and work on rebuilding your credit rating.


Jakob Jelling is the founder of Cashbazar.com. Please visit http://www.cashbazar.com/bankruptcy.shtml and learn all about bankruptcy.

 


 

 

Main Menu

Recorvery Rebate Credit
Mileage Deductions
Car Donation Deductions
Bad Debt Right Off
Hybrid Cars Deductions
Tax Cash Today at Western Union
CPA Moms - Services Offered
Tax Preparation
Electronic Filing
FREE IRS Forms
Enrolled Agents
Tax Moms
Recovery Rebate Credit
CPA Moms
Representation before IRS
Non Profit Tax Services
Accounting
Bookkeeping
CPA Loan Letter
$7500 Downpayment for your Home
Offers-in-Compromise Home Page
Latest Offers-in-Compromise
Offers-in-Compromise Articles
Additional Resources
Want to Joins theTax Moms?
Questions for CPA Moms?

About Us  ......  Disclaimer ..........           Copywrited 2005  - 2006 & Developed by  Tax Net Inc