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Category Archives: Uncategorized
General information about bankruptcy and debts matters from attorneys for Kansas, Missouri and national bankruptcy cases.
Last week’s blog went over smart ways to spend a tax refund. With the average tax refund being at over $2,000, you could set aside money to prepare for an emergency or resolve other financial issues in your life. The IRS will process most tax returns within three weeks. However, there are tax filing mistakes that may delay your refund. Inputting the wrong Social Security number. The IRS uses your Social Security number to verify your tax return. If you put the wrong Social Security number on your return, then your tax refund will be delayed. You may be able to avoid this error by e-filing your return. E-filing software may catch these types of errors before you submit your return to the IRS. Math and computational errors on your return. Your tax refund could be delayed if your return contains math or computational errors. If the numbers you put…
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Our blog has recently covered several aspects of the Public Service Loan Forgiveness (PSLF) program operated by the Department of Education. Recent blogs have informed you on eligibility requirements for PSLF. However, there are additional forgiveness options for specific types of federal student loans. Teacher Loan Forgiveness Program: The Department of Education’s Teacher Loan Forgiveness Program may allow you to have $17,500 in student loans forgiven. You would have to teach for five consecutive academic years at a low-income school and meet other qualifications. However, you must have certain types of federal loans to qualify. There are also other eligibility requirements for this program listed on the Department of Education’s website. Military loan repayment or forgiveness programs: There are multiple federal student loan forgiveness options for members of the armed forces. You could enroll in PSLF while serving. The Army Student Loan Repayment Program could repay up 33.33 percent of…
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Allegedly, JPMorgan Chase has routinely fabricated documents with the intent of deceiving bankruptcy judges in tens of thousands of bankruptcy cases. Lead plaintiff Ernest Michael Bakenie claims in a federal class action lawsuit that Chase has “fabricated assignments, endorsements and affidavits that purport to transfer deeds of trust, notes, and the rights to all monies due under the terms of tens of thousands of non-negotiable promissory notes.” Bakenie also claims that JPMorgan Chase used a vast network of attorneys to file thousands of motions for relief from automatic stay in bankruptcy cases, rewarding their attorneys based on how quickly they can secure the stays, Courthouse News Service reports.