When.com Web Search

Search results

1. Results From The WOW.Com Content Network

2. State defaults in the United States - Wikipedia

   en.wikipedia.org/wiki/State_defaults_in_the...

   A local government, which is a subsidiary of a state, is already allowed to file for bankruptcy under Chapter 9 of the Bankruptcy Code, as long as they are not forbidden to do so by the state. [7] In such municipal bankruptcies, the municipal government repudiate or modify contracts and debts. [3]

3. Which debts can’t be discharged in bankruptcy? - AOL

   www.aol.com/finance/debts-t-discharged...

   Filing for bankruptcy, while helpful for some, can have a variety of serious and long-term implications. Not only will you see a credit score drop of up to 200 points, but the bankruptcy will stay ...

4. Common types of bankruptcy and how to avoid filing - AOL

   www.aol.com/finance/common-types-bankruptcy...

   Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

5. Rachel Cruze: 3 Reasons To Not Make Bankruptcy Your First ...

   www.aol.com/finance/rachel-cruze-3-reasons-not...

   In the U.S., debt is a serious financial issue. According to Debt.org, factoring in mortgages, the average debt in the U.S. is $101,915 per household. When debt gets out of control, it's common...

6. Chapter 9, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_9,_Title_11...

   Over $4 billion in debt (largest Chapter 9 bankruptcy until 2013 Detroit bankruptcy filing,) [36] from sewer revenue bonds tainted by an interest rate swap bribery scandal with JPMorgan and county commissioner Larry Langford, and bond insurance credit rating collapse in the late-2000s subprime mortgage crisis, followed by the occupation tax ...

7. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as cancellation-of-debt (COD) income.According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income. [1]