Category: Bankruptcy Lawyers

Najlepsza usługi prawnicze w Gdyni, Polska? Rozwiązania, jakie proponujemy Klientom korzystającym z naszego wsparcia, to efekt połączenia wiedzy prawniczej, nowatorskich pomysłów oraz dbałości o najdrobniejsze szczegóły. Klientów traktujemy jednostkowo, skupiając się przede wszystkim na ich wymaganiach i potrzebach. Dobry adwokat powinien znać potrzeby swoich Klientów. Priorytetem w naszej pracy jest bowiem efektywność realizowanych zleceń, bazująca na wieloletnim doświadczeniu i wysokich kompetencjach specjalistów reprezentujących kancelarię. Widzieć jeszcze informacja na tej stronie o adwokat gdynia.

Co to jest więź duchowa (emocjonalna)? Więź duchowa (emocjonalna) oznacza, że istnieją głębokie uczucia małżeńskie, takie jak miłość, zaufanie, poczucie bezpieczeństwa. Sąd zawsze zadaje pytanie: “Czy kocha pani/pan męża/żonę? Jeżeli padnie odpowiedź, że tak to będzie oznaczać, że może istnieć przynajmniej częściowa więź uczuciowa. Jeśli wnosimy o rozwód, musimy być przekonani, że nie darzymy małżonka takimi uczuciami, jakimi powinno się darzyć męża lub żonę. Jeżeli kocha tylko jedna osoba, a druga nie, to nie może być mowy o istnieniu więzi emocjonalnej.

Co to jest ubezwłasnowolnienie? Ubezwłasnowolnić można osobę, która ukończyła 13 lat i wskutek choroby psychicznej, niedorozwoju umysłowego albo innego rodzaju zaburzeń psychicznych, w szczególności pijaństwa lub narkomanii, nie jest w stanie kierować swoim postępowaniem. Wówczas wnosi się o ubezwłasnowolnienie całkowite, bądź też ubezwłasnowolnienie częściowe, gdy osoba potrzebuje tylko pomocy do prowadzenia swoich spraw. Dla ubezwłasnowolnionego całkowicie ustanawia się opiekuna, a dla ubezwłasnowolnionego częściowo ustanawia się kuratora.

Renegocjowanie umów: Pandemia koronawirusa powoduje, że sytuacja na rynku staje się dramatyczna. Tylko w marcu tego roku 48 tysięcy przedsiębiorców zawiesiło prowadzenie działalności gospodarczej. Dla wielu przedsiębiorców oznacza to konieczność renegocjacji bądź nawet rozwiązania umów zawartych z ich kontrahentami biznesowymi. W wielu przypadkach występuje również potrzeba rozwiązania umów najmu lokali usługowych.

Jak zlokalizować testament i majątek spadkowy? Sporządzając testament u notariusza można wpisać sporządzony dokument testamentu do Notarialnego Rejestru Testamentów (NORT). Znajdujące się w rejestrze testamenty mogą zostać w szybki i prosty sposób odnalezione przez osoby zainteresowane spadkiem. Co się stanie gdy sporządzimy nieważny testament? W przypadku sporządzenia nieważnego testamentu o sposobie podziału spadku zadecydują przepisy ustawy, a nie autor testamentu. Czytać dodatkowy informacje na tej stronie o https://czaplewski-kancelaria.pl/.

Top personal injury attorneys in Rutherfordton Once the claims process gets underway, you will likely receive a call from the at-fault party’s insurance company. They will ask you to make a recorded statement. They may even tell you that this is a normal part of the process or that it’s necessary to process your claim. You are NOT obligated to provide any statement. In fact, the insurance company can (and will) use anything you say as a reason to minimize your personal injury claim value or deny your claim outright. Find even more information at find more info. According to N.C. Gen. Stat. section 1-52 the statute of limitations on personal injury cases is three years. This means you have three years from the date of your injury to file a claim or you may lose your right to obtain compensation. Depending on the specifics of your case, you may qualify for an extension to the statute of limitations. An attorney from our firm can let you know how the statute of limitations can affect your case. There are three main types of damages available in a personal injury case, economic, non-economic and punitive. The first two are called “compensatory damages” since their main purpose is the compensate the injured party for their losses associated with suffering an injury. Economic damages, as the name suggests compensate the injured party for financial losses related to their injuries such as the inability to work and medical expenses. Non-economic damages, on the other hand, compensate for more intangible losses such as pain and suffering and mental anguish. Punitive damage differs from the first two in that their main purpose is to punish the negligent party. As such punitive damages can be quite severe and are not often awarded.

Property owners have a duty to ensure that their premises are safe for their guests. This includes a duty to ensure that any slip and fall hazard is identified and remedied as quickly as possible. Charlotte slip and fall incidents regularly result in victims sustaining severe injuries, including broken and dislocated bones, severe sprains and strains, concussions, and more. Slip and fall injury victims are often able to recover various types of compensation from property owners and insurance carriers.

When a person dies as a result of negligence, wrongful action, or the fault of another person, it is vital that family members be able to recover compensation for their losses. These incidents can occur in a wide variety of ways, including any of the types of injuries we mentioned above and more. Success in every case requires thorough preparation and attention to detail. We pride ourselves on providing the highest level of personal service to our clients and aggressive representation on their behalf.

How Do I File a Workers’ Compensation Claim? The most important thing to do is to make a report of your injury to your employer as soon as possible. Document exactly how the injury took place, taking note of any co-workers or supervisors who were present at the time of the accident. Then you must file a claim with the North Carolina Industrial Commission by completing a Form 18 within two years of the date of injury. The North Carolina Retaliatory Discrimination Act makes it illegal for your employer to fire you or otherwise retaliate against you for requesting benefits under.

As founder of Price Petho & Associates P.L.L.C., Larry E. Price is a native of North Carolina, born and raised in Rockingham. He received his law degree from Wake Forest University, School of Law, in 1972. Prior to earning his Juris Doctor, Mr. Price obtained a Bachelor’s in Business Administration from St. Andrews Presbyterian College, helping him choose a career in business law. For the next five years following graduation, Mr. Price worked in the insurance industry as a Claims Representative. Read extra details at priceattorneys.com.

The best Raleigh bankruptcy lawyer right now? If you have negative equity in the rental property, real estate, house or home or a bad mortgage rate you may want to allow the home to go back in a foreclosure and live in it rent-free while it is in foreclosure. You can save up those mortgage payments and then use them as a down payment later when you can finance a home. If you let a home go back to the bank in Chapter 7, it will take about 2 months to 5 years before you will have to move (due to the length of time it takes to foreclose and sell the house). This time is spent rent free in your home while the foreclosure happens, and you will owe no deficiency balance because of your bankruptcy filing! (Please note that you are responsible for any property taxes and HOA dues that are incurred after your bankruptcy case is filed and while the property deed is still in your name.) Then 2 years after a discharge in bankruptcy or 3 years after the foreclosure sale you may be able to purchase a home at the current prime interest rate! Many people qualify for a sub-prime mortgage the day after a bankruptcy.

Bunch Your Charitable Contributions: In 2019, married couples filing jointly have a standard deduction of $24,400. For single taxpayers, the standard deduction is $12,200. The Tax Cuts and Jobs Act of 2017, which nearly doubled the standard deduction, also eliminated miscellaneous deductions, capped state and local tax deductions at $10,000 and limited mortgage interest deductions to loans of up to $750,000. These changes can make it difficult to itemize deductions unless someone has significant charitable donations. Powell suggests people bunch two years of contributions into a single year, which would allow them to claim an itemized deduction every other year. For those with the financial means, setting up a donor-advised fund may be ideal. “You get the deduction in the year you move the money (into the fund),” Powell says. However, charitable gifts from the fund can be spread out over time.

Can you stop wage garnishment? Typically, the debts that can cause wage garnishment for employees in North Carolina-based businesses are tax debt, child support, and alimony. If the business is entierly in NC, Only the government can garnish wages. It gets a bit more complicated for businesses that have offices in other states. A bankruptcy filing will stop all garnishment (with a few exceptions) ASAP! A Chapter 7 bankruptcy can get rid of most, and a Chapter 13 can spread the payments that can’t be discharged over a 3-5 years. Discover extra info on Raleigh bankruptcy lawyer.

State sales taxes: This write-off makes sense primarily for those who live in states that do not impose an income tax. You must choose between deducting state and local income taxes, or state and local sales taxes. For most citizens of income-tax-states, the income tax deduction usually is a better deal. IRS has tables for residents of states with sales taxes showing how much they can deduct. But the tables aren’t the last word. If you purchased a vehicle, boat or airplane, you get to add the state sales tax you paid to the amount shown in IRS tables for your state, to the extent the sales tax rate you paid doesn’t exceed the state’s general sales tax rate. The same goes for home building materials you purchased. These items are easy to overlook. The IRS even has a calculator to help you figure out the deduction, which varies by your state and income level. Beginning in 2018, your itemized deduction for state and local taxes is limited to $10,000 per year. You still will only be allowed to deduct either state and local sales tax or state and local income taxes, but not both.

We want you to feel secure with Sheree as your attorney in your Chapter 7 bankruptcy or Chapter 13 bankruptcy. Sheree is a Board Certified Consumer Bankruptcy Specialist. We have an “A+” BBB® rating. Sheree has 18+ years of experience as a debtor bankruptcy lawyer in Raleigh, NC. We have the best Google Testimonials (click here) in North Carolina! And not least, our two money-back GUARANTEES! Legally we cannot offer any guaranteed outcome in any bankruptcy case. We do offer a return of attorney’s fees if a case is dismissed (see below). JFYI, we have never had to do this! If we do not think you can receive a discharge in Chapter 7 or 13 bankruptcy, we will not take your case! Can we be fairer than that? Read more details on https://www.cameronbankruptcylaw.com/. Sheree is in the top 3.9% nationwide! After the bankruptcy, Kerry can help you raise your credit score to 720+!

We call the other method the “cram-down ” method. This method is used when either the collateral is worth less than the amount of the debt, or when the number of payments left on a debt is less than the length of the plan. The following examples illustrate the “cram-down” method. In it, you can pay what the collateral is worth (not what you owe on it), stretch out the payments from 36 to 60 months, and pay a reduced interest rate. If you have a second mortgage with no equity to cover it, you can completely eliminate it. To qualify for a “cram-down” you have to have paid the purchase money for a car 910 days before filing bankruptcy, and for other property, you must have made the first payment at least a year before filing bankruptcy.

Houston, Texas tax lawyer by dovebankruptcylaw.com 2021? Folks often have the misconception that if the lawsuit is not placed in their hands, they cannot be served and the lawsuit cannot proceed. This is not true and sometimes if you are served by alternative service you may not realize you have been served (if, for example, the lawsuit is affixed to your door and a nosy neighbor takes the lawsuit). If you are aware a lawsuit has been filed, do think if they have not put the lawsuit into your hands that the lawsuit cannot proceed. A lawsuit begins when the ‘Plaintiff’ (the person or company doing the suing) files the ‘Original Petition’ in the appropriate court. If the dollar amount the creditor is suing for is less than $10,000, the lawsuit will usually (but not always) be filed in a ‘Justice of the Peace’ court. Otherwise a lawsuit for an unpaid debt will typically be filed in the county court or district court for the county in which you live.

How much will I have to offer the IRS for an Offer in Compromise? The IRS has a fairly mechanical formula for determining the amount you must offer. A Houston tax attorney will help you calculate what this number is for you. How long will I have to pay the Offer In Compromise? If the IRS accepts a lump sum offer, you will need to pay 20% when you submit the offer and the balance in 5 (or fewer) monthly payments. If the IRS accepts a monthly payment plan, the first payment must be made when you submit the offer and the rest must be paid in monthly installments in no more than 24 months. As a part of your individualized plan, a Houston tax attorney will explain to you the difference between offering a lump sum OIC and a payment plan OIC.

I hope that you find this website to be helpful and informative. Information on a website, however, is not a substitute for the knowledge and advice of an experienced bankruptcy attorney. Once you have had a chance to look over our website, please fill out the contact form or give us a call to talk more about the specifics of your situation. I will get back to you the same business day, if possible. Take your first step towards a fresh financial start! I believe that customer service should be the no 1 priority in any business, but it is especially important in the bankruptcy and debt settlement field. When people are struggling financially they may be stressed, nervous and scared about their situation. The prompt returning of telephone calls and e-mails is important so as to help alleviate anxiety. You can also take comfort in knowing that you will be speaking with an attorney every time you call or come in for an appointment. Dove Law Firm, PLLC is a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code as well as resolve other debt issues. Discover even more info on best bankruptcy attorney in houston.

One of Chapter 13’s most attractive features is the chance to keep your home as long as you can pay the mortgage under a settlement plan. Under Chapter 13, people have three to five years to resolve their debts while applying all their disposable income to debt reduction. The option allows applicants to eliminate unsecured debts while catching up on missed mortgage payments. Short-circuiting home foreclosure is one of the option’s most attractive features. Though keeping your home can be a major relief, you’re required to spend years living under the supervision of a court-appointed trustee who will collect and distribute your payments.

Meet With Your Tax Advisor: November is a good month to meet with a tax advisor, Powell says. They have finished their October tax filings and may have time in their schedule before the busy tax season starts after the first of the year. “If you sit down and do some math between now and the end of the year, you can make sure you are in a favorable tax bracket,” Barlin says. An advisor can help pinpoint strategies to reduce taxable income through retirement contributions or itemized deductions. That, in turn, may be key to ensuring households remain eligible for some income-based tax incentives such as student loan interest deductions. If you don’t regularly use a tax professional, Barlin says running numbers through tax software can be just as beneficial.

Moving expense to take first job: Here’s an interesting dichotomy: Job-hunting expenses incurred while looking for your first job are not deductible, but moving expenses to get to that first job are. And you get this write-off even if you don’t itemize. If you moved more than 50 miles, you can deduct 23 cents per mile of the cost of getting yourself and your household goods to the new area, (plus parking fees and tolls) for driving your own vehicle. However, beginning in 2018, moving expenses are no longer deductible for federal taxes unless you are in the military and the move is due to military orders. Some states such as California continue to provide this tax benefit.

What’s the Difference Between Chapter 7 and Chapter 13 Bankruptcy? Chapter 7 and Chapter 13 are the two common types of bankruptcy that affect consumers. Either could help when you don’t have the means to pay all your bills, but there are important differences between the two. A Chapter 7 bankruptcy can wipe out certain debts within several months, but a court-appointed trustee can sell your nonexempt property to pay your creditors. You also must have a low income to qualify. See extra info on dovebankruptcylaw.com.

High quality law and legal firm in Accra, Ghana? Our company secretarial offering is to ensure our clients are compliant with regulatory and legal requirements under the Companies Act and ensure compliance with all other industry specific regulatory bodies. We are able to assist in the incorporation of businesses with the Registrar General’s Department and registration with other relevant bodies such as the Ghana Investment Promotion Centre (GIPC), Ghana Revenue Authority (GRA), Social Security and National Insurance Trust (SSNIT), Data Protection Commission, Environmental Protection Agency (EPA), Ghana Free Zones Authority (GFZA), Food & Drugs Authority (FDA), Ghana Standards Authority(GSA)and Ghana Stock Exchange (GSE) amongst others.

We offer a range of ICT-related legal advisory services to companies including the technology industry, ranging from advice on ICT, outsourcing, licensing, internet, e-commerce, software, hardware, IP and data protection issues. The scope of our offering also includes advising on content development, technology transfer, online contracting within the traditional B2B and B2C joint ventures and transactions, high techs to start-ups. Our purpose is to enable people and organisations navigate their way through the mazy world of the convergence between technology and law, and to clear the haze that clouds over the global and national legal landscape in ICT. Ultimately, the CQ business model is not complicated – we simply provide excellent services, within a set time-frame in a cost-effective manner.

CQ Legal has experience in handling the financial aspects of transactions across a broad range of sectors including real estate, financial services, power, energy, media, technology, creative industries, retail and hospitality, to name a few. We have acted for securities brokerage firms, local and foreign financial institutions, banks, private equity, hedge funds and borrowers in all types of domestic and international finance transactions including, bilateral, general syndicated loan facilities, equipment leasing and factoring, electronic banking and highly structured transactions as well as over- the counter and exchange- traded derivative products. Read extra details on Ghana Law Firm.

We work closely with government regulators so we understand how they interpret rules and regulations and apply them to contractors. Our combination of substantive legal knowledge and practical experience allows us to mitigate risk and resolve disputes and allegations favourably. We represent construction and manufacturing contractors, information technology and telecommunication providers; pharmaceutical and medical supplies companies; energy and environmental contractors; and universities, medical centers, and other sundry businesses. From development and bidding on Government contracts, to financing, performance disputes and contract administration, CQ Legal ensures that your company is always treated fairly by the Government and its agencies.

We can provide expert advice to a broad range of creditors, companies and individuals in difficult financial situations to help them work out a practical solution, including the potential restructuring and recovery options that are available. We combine our restructuring and insolvency expertise with a strong understanding of a broad range of sectors such as technology, communications, e-commerce, financial services, real estate, media, sport, aviation and energy. Discover more info on https://www.cqlegal.net/.

Custody attorney in San Antonio? Don’t be surprised if the insurance company offers you a settlement shortly after your injury accident. Typically, this means they know you have a viable claim. They might offer you a small settlement, hoping you will take a quick payout, even though the value of your claim could be significantly higher. Once you accept that settlement, you will give up your rights to recover any further compensation.

Be certain to provide your attorney with the names and addresses of all doctors who have treated you in the past. Insurance companies will try to obtain all of your past medical records in an attempt to prove that your injuries existed before the accident, thereby reducing the potential value of your pain and suffering damage claim. Insurance companies keep records of all claims ever made and share that information with each other through their Comprehensive Loss Underwriting Exchange Database. Once the insurance company has your identifying information, i.e. your name, date of birth and SSN number, the insurance company is certain to find virtually any claims you have ever made in any state.

Estorga Johnson Law Firm, PLLC is a general litigation practice. We work diligently with our clients to educate them on the entire process, from initial filings to potential outcomes. The goal is to make sure all questions are answered to ensure clients are fully prepared to meet any challenges that may arise. Having access to experienced and dedicated representation in a legal proceeding can make the difference between a positive or negative outcome that could greatly impact your life. Discover more info on Texas Divorce.

Cases involving child protective services are serious and should not be taken lightly. Allegations of abuse and neglect can stem from a number of sources which include disgruntled ex-spouses, relatives, professionals or anonymous individuals. I work diligently on behalf of clients to fight false allegations, providing steps to prepare an adequate defense.

It is standard practice for insurance adjusters to begin negotiations by first offering a very low settlement amount — or, sometimes, denying liability altogether. With this tactic, the adjuster is trying to find out whether you understand what your claim is worth and to see if you are so impatient to get some money that you will take any amount. When a first offer is made, your response should depend on whether it is a reasonable offer but too low or whether it is so low that it is just a tactic to see if you know what you are doing. If the offer is reasonable, you can immediately make a counteroffer that is a little bit lower than your demand letter amount. That shows the adjuster that you, too, are being reasonable and are willing to compromise. A little more bargaining should quickly get you to a final settlement amount you both think is fair. In these negotiations, don’t bother to go over all the facts again. Just emphasize the strongest points in your favor — for example, that the insured was completely at fault.

Divorce proceedings can be stressful and complex. Estorga Johnson Law Firm, PLLC works to educate clients and help them through this complicated process. It is important that clients understand the process so they can assist in their case. Our firm handles divorce matters in San Antonio/Bexar County, Seguin/Guadalupe County, Kerrville/ Kerr County, Bandera/Bandera County, New Braunfels/Comal County, and Boerne/Kendall County. See more info at https://www.estorgalaw.com/.

Chapter 7 advices by Dove law firm Houston, Texas: Abstract of Judgment – While a judgment creditor cannot force you to sell your homestead, they can file an abstract of judgment in the real property records of your county. The filing of an abstract of judgment may prevent you from selling your home or re-financing your home. Credit Score – A judgment is a public record and will be pulled into your credit report and may damage your credit score. Even if you resolve the underlying debt, you may not be able to get the judgment removed from your credit report.

Reinvested dividends: This isn’t really a tax deduction, but it is a subtraction that can save you a lot of money. And it’s one that many taxpayers miss. If, like most investors, you have mutual fund dividends automatically invested in extra shares, remember that each reinvestment increases your “tax basis” in the stock or mutual fund. That, in turn, reduces the amount of taxable capital gain (or increases the tax-saving loss) when you sell your shares. Forgetting to include the reinvested dividends in your cost basis—which you subtract from the proceeds of sale to determine your gain—means overpaying your taxes. TurboTax Premier and Home & Business tax preparation solutions include a very cool tool—Cost Basis Lookup—that will figure your basis for you and make sure you get credit for every dime of reinvested dividends.

The list of property you don’t have to sell or turn over to creditors (exempt property), and the total value that you can exempt, varies by state. Some states let you choose between their exemption list and the federal exemptions. But most Chapter 7 bankruptcy cases are “no asset” cases, meaning all of the person’s property is either exempt or there’s a valid lien against the property. At the end of the process, approximately four to six months from your initial filing, the court will discharge your remaining debts (meaning you don’t need to pay them anymore). However, some types of debts generally aren’t dischargeable through bankruptcy, including child support, alimony, court fees, some tax debts and most student loans. Find even more info on https://dovebankruptcylaw.com/chapter-7-bankruptcy-personal/.

If you have questions about how a Chapter 7 bankruptcy or a Chapter 13 bankruptcy in Houston (or the surrounding areas) may be able to help you or your business, please call today to schedule a free consultation. Even if bankruptcy is not right for you and your situation, I may be able to help you through the process of debt settlement, if needed. My job as a lawyer is to educate you about all of your options when seeking a financial fresh start so that you can make an informed decision that is right for you.

Bunch Your Charitable Contributions: In 2019, married couples filing jointly have a standard deduction of $24,400. For single taxpayers, the standard deduction is $12,200. The Tax Cuts and Jobs Act of 2017, which nearly doubled the standard deduction, also eliminated miscellaneous deductions, capped state and local tax deductions at $10,000 and limited mortgage interest deductions to loans of up to $750,000. These changes can make it difficult to itemize deductions unless someone has significant charitable donations. Powell suggests people bunch two years of contributions into a single year, which would allow them to claim an itemized deduction every other year. For those with the financial means, setting up a donor-advised fund may be ideal. “You get the deduction in the year you move the money (into the fund),” Powell says. However, charitable gifts from the fund can be spread out over time.

Chapter 13 petitioners must stipulate that they haven’t had a bankruptcy petition dismissed in the 180 days before filing due to their unwillingness to appear in court. Also, anyone seeking bankruptcy protection, must undergo credit counseling from an approved agency within 180 days of filing a petition. Shortly after filing, the debtor also must propose a repayment plan. A bankruptcy judge or administrator will hold a hearing to determine whether the plan meets the requirements of the bankruptcy code and is fair. Creditors may raise objections to the plan, but the court has the final say.

I believe that customer service should be the number one priority in any business, but it is especially important in the bankruptcy and debt settlement field. When people are struggling financially they may be stressed, nervous and scared about their situation. The prompt returning of telephone calls and e-mails is important so as to help alleviate anxiety. You can also take comfort in knowing that you will be speaking with an attorney every time you call or come in for an appointment. Dove Law Firm, PLLC is a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code as well as resolve other debt issues. Discover additional information at here.

Dove law firm Houston, TX: A Chapter 13 bankruptcy allows you to keep your stuff and get on a more affordable repayment plan with your creditors. You’ll need to have enough income to afford the payments and be below the maximum total debt limits (currently nearly $400,000 for unsecured debts and $1 million-plus for secured debts). A court will approve the Chapter 13 repayment plan, which usually lasts three to five years, and your trustee will collect your payments and disburse them to your creditors. Once you finish the plan, the remainder of the unsecured debts is discharged.

Student loan interest paid by you or someone else: In the past, if parents or someone else paid back a student loan incurred by a student, no one got a tax break. To get a deduction, the law said that you had to be both liable for the debt and actually pay it yourself. But now there’s an exception. You may know that you might be eligible to take a deduction but even if someone else pays back the loan, the IRS treats it as though they gave you the money, and you then paid the debt. So, a student who’s not claimed as a dependent can qualify to deduct up to $2,500 of student loan interest paid by you or by someone else. See extra details at Bankruptcy attorney Houston TX.

Pick Up Capital Gains if You’re in a Low Tax Bracket: The end of the year is also a good time for some people to sell stocks that have appreciated significantly in value. This can be a particularly good strategy for those who are in the 10% and 12% tax brackets since their capital gains tax may be zero. The stocks can then be repurchased, which resets the basis and minimizes the amount of tax to be paid on future gains. Even if you’re not in the lowest tax brackets, you may want to sell winning stocks to reset the basis if you’re also harvesting losses. “What you want to do is balance (gains) with stocks that have losses,” Barlin says.

Who Should File Chapter 13 Bankruptcy? Many people think of bankruptcy court as the final stop on a path to financial ruin, the only option left when repaying debts seems impossible. But there’s hope even in bankruptcy, and Chapter 13 of the federal bankruptcy code offers the closest thing to a soft landing. Sometimes called the Wage Earner’s Bankruptcy, Chapter 13 allows those with enough income to repay all or part of their debts an alternative to liquidation. It’s bankruptcy for those whose biggest problem is dealing with creditors’ demands for immediate payment, not lack of income.