Premium personal injury attorneys in Rutherfordton? Accidents where motor vehicles collide with pedestrians often result in serious injury. Even at low speeds, vehicles can cause pedestrians a great deal of harm and potentially prevent victims from being able to assist in providing information about what happened. At Price Petho & Associates P.L.L.C., we understand pedestrian automobile accidents. Since 1979, our Charlotte personal injury lawyers have successfully litigated and settled thousands of these claims. See even more information at go to the website. If you or a loved one have sustained an injury that was caused by another person, or if you have lost a loved one due to somebody else’s wrongful actions, contact the qualified and experienced team at Price Petho & Associates today. We will get to work investigating every aspect of your case in order to secure the compensation you are entitled to. We are not afraid to take on major insurance carriers and we will take a case all the way to trial if that is what it takes to ensure you were treated fairly. When you need a personal injury lawyer in Charlotte, Rockingham, or Rutherfordton, you can contact us for a free consultation of your case by clicking here or calling 704-372-2160.

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.

If an employee sustains an on-the-job injury, they should be entitled to workers’ compensation benefits. However, there are times when injured workers have trouble recovering coverage for their medical bills, lost income, and other disability benefits. There are times when the careless or negligent actions of a property owner lead those who have a right to be on that property to become injured. Slip and fall incidents are the most common causes of premises liability injuries, but these incidents also occur due to improper inspection and maintenance, unsafe property conditions, improper employee training, and more.

What is Workers’ Compensation? Workers’ compensation is a state-operated system that provides benefits to workers who sustain a compensable injury by accident arising out and in the course and scope of their employment. The North Carolina Workers’ Compensation Act defines an “injury by accident” as an unlooked-for or untoward event such as a slip, trip, fall or other unexpected events that interrupt your usual work routine. Benefits can also be paid for certain recognized occupational diseases. An occupational disease is any disease that is caused by the specific type of work that you do, as opposed to the types of work that the average person might do. If your job involves a higher rate of a particular disease, it may be considered an occupational disease. There are specific conditions that are recognized in the North Carolina Workers’ Compensation Act, including asbestosis, silicosis, synovitis, tenosynovitis, bursitis, and chemical exposure.

Keep your attorney informed of anything that might affect your case. Certainly nothing should be signed without first consulting the attorney. Applications for insurance benefits, reports to the State, any change in doctors, returning to work, any change in treatment, etc., should be reported promptly. Disability or unemployment applications should first be checked by the attorney. Keep your attorney advised of any vacation times when you may not be available. An emergency telephone number and an alternative way of reaching you must be in your attorney’s file at all times.

Since 1972, Larry E. Price has worked to represent clients in the fields of personal injury, wrongful death, medical malpractice, and insurance claims on behalf of plaintiffs. By spending years working on behalf of insurance companies, Mr. Price understands how to strategically and effectively gain a positive outcome for clients. By having an experienced attorney on your side in cases of personal injury or medical malpractice, you increase your odds of obtaining restitution. Find even more details at priceattorneys.com.

Premium personal injury attorneys in Rutherfordton, NC Most personal injury attorneys offer a free consultation and case evaluation to help you explore your options for filing a claim. This frees up your time to focus on recovering from your injuries and getting your life back on track. Best of all, you won’t have to pay any legal fees until they recover compensation for your damages. If you were injured in a car accident, motorcycle accident, slip and fall, or any other accident that wasn’t your fault, you deserve compensation. Read even more details at price petho and associates. Injuries from an accident or due to the negligence of another can leave you with many new challenges-pain, medical bills, and lost wages, to name a few. All of it is compounded by the anxiety of wondering how to pay for your recovery. You do not have to face these problems alone. Price Petho & Associates is a team of experienced Charlotte personal injury attorneys who will fight for our clients. We are resourceful problem solvers ready to help you seek the compensation you need and deserve.

Surgical errors are procedural errors that cause injury or death before the surgery has even taken place. While there are many types of errors that can occur all have devastating impacts. If you have been a victim of a surgical error you have the right to recover compensation. Learn more about how we can help you today! Spinal cord injuries can have catastrophic, often permanent repercussions. Our firm understands the devastating impact these types of injuries can have on you and your family and are dedicated to working hard to recover the compensation you deserve. Learn more about injury law and how our team can help you by reading our spinal cord injury page.

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.

Compensation for any permanent injuries- For permanent injuries, workers are compensated based on North Carolina’s schedule of injury benefits, which lists compensation for specific injuries. Vocational Rehabilitation – Sometimes due to the extent of an injury, an injured employee will be unable to return to work with his or her previous employer. To assist the injured employee in returning to the workforce an employer may utilize the services of a vocational rehabilitation counselor to assist the employee in finding another job. Vocational rehabilitation is governed by §97-32.2 of the North Carolina Worker’s Compensation Act. Vocational rehabilitation must be performed by a qualified or conditional rehabilitation professional approved by the North Carolina industrial commission. Failure to cooperate with vocational rehabilitation services can result in the termination of workers’ compensation.

Our motto “the knowledge and experience you need” is not merely a catchphrase. Our attorneys have over 100 years of combined legal experience in personal injury claims. Our staff consists of former insurance adjusters, assistant district attorneys, and experienced litigators. The firm has successfully litigated thousands of cases and recovered over $200 million on our client’s behalf. Few attorneys in Charlotte have tried over 300 cases to juries, but each attorney at Price Petho & Associates possess over 25 years of individual experience. By understanding the practices and strategies that work best in court, we are equipped to help our clients get the restitution they deserve. We offer free consultations, so you can learn more about your case without any obligation. Additionally, we earn no fee unless we help you recover compensation. Read even more information at https://www.priceattorneys.com/.

The best Raleigh bankruptcy attorney 2021? Repo Under the Uniform Commercial Code, any repossession (repo) of any property must be done in a commercially reasonable manner and with notice to the Debtor. If a car lot fails to sell the car or truck in a reasonable manner or if it fails to give you notice, you may not be liable for the deficiency (you may own nothing). If the sale is not commercially reasonable, or if proper notice is not given, you may sue a bank for conversion (theft). Auto sales and financing are full of consumer law violations including fraud and high-rate home-secured loans that strip equity from senior citizens.

Make 401(k) and HSA Contributions: People can make tax deductible contributions to traditional IRAs up to April 15 of next year. However, the door closes on Dec. 31 for 401(k) and health savings account contributions. “It’s a hard stop,” says Wendy Barlin, a Los Angeles-based CPA and author of “That’s Deductible!: Simple Tips and Tricks to Find More Business Tax Deductions.” “Whatever opportunities you have at work (for retirement savings), make sure you maximize them before the end of the year,” she says. Taxpayers with a qualified high-deductible family health insurance plan can deduct up to $7,000 in contributions to a health savings account. Individuals with self-only coverage can deduct $3,500. Those age 55 or older are eligible for an additional $1,000 catch-up contribution. Tax deductible contributions to a traditional 401(k) are capped at $19,000 for 2019. Workers age 50 and older can make an additional $6,000 in catch-up contributions.

In Chapter 7 Bankruptcy, the immediate impact of filing bankruptcy is that all collection efforts are stopped by a Federal Court Order called a stay. The IRS is included in this stay. The only way a collector can overcome the automatic stay while your bankruptcy case is still open is to apply to the Bankruptcy Court for relief from stay. Judges will rarely lift a stay for the IRS, unless the IRS can prove some kind of fraud is being perpetrated by the bankrupt taxpayer. Unfortunately, the statute of limitations for collections runs only while a person is not in bankruptcy. If the bankruptcy is not finished (discharged), the tax bill will not age for purposes of the statutes of limitations. If you go into bankruptcy and emerge from the process still owing the IRS, it gives the IRS extra time to collect the balance. This often happens if the Taxpayer has some, but not all, of their taxes erased in a Chapter 7. As a result, many taxpayers end up filing a “Chapter 20,” wherein they first file a Chapter 7 to eliminate what tax can be eliminated and then file a Chapter 13 to deal with what is left. The IRS can have a total of ten years to collect taxes, penalties, and interest. Once a bankruptcy case is over, the IRS gets whatever time remained on the original ten years, plus the time the bankruptcy case was pending-plus an additional six months to collect the remaining debt (if any). Chapter 7 cases will add about 4 months to this. Discover additional info on Raleigh bankruptcy attorney.

Child and Dependent Care Tax Credit: A tax credit is so much better than a tax deduction—it reduces your tax bill dollar for dollar. So missing one is even more painful than missing a deduction that simply reduces the amount of income that’s subject to tax. But it’s easy to overlook the child and dependent care credit if you pay your child care bills through a reimbursement account at work. The law allows you to run up to $5,000 of such expenses through a tax-favored reimbursement account at work. Up to $6,000 in care expenses can qualify for the credit, but the $5,000 from a tax favored account can’t be used. So if you run the maximum $5,000 through a plan at work but spend more for work-related child care, you can claim the credit on up to an extra $1,000. That would cut your tax bill by at least $200 using the minimum 20 percent of the expenses. The credit percentage goes up for lower income households.

We believe in excellency as both a virtue and a compulsion. We are workaholics, both passionate and personable. We believe success is measured by action, not wealth. We believe in doing the right thing for the right price. We are family, and will treat you like family, too. We are Cameron Bankruptcy Law. Sheree Cameron’s double undergraduate degree came from the University of Tennessee where she graduated “Summa Cum Laude”. Sheree received a scholarship for the UNC Chapel Hill School of Law, where she received her Doctorate in Law. She has helped people find relief from their debts as a Bankruptcy Lawyer for over 10 years, and carries an “A+” rating with the BBB® under “Cameron Bankruptcy Law”. Discover additional info on cameronbankruptcylaw.com. Price Match Guarantee! We have bankruptcy payment plans!

What Can I Do with Secured Debt in Chapter 7 Bankruptcy? Reaffirm the debt – If your payments are not current, you can try to negotiate a reaffirmation agreement with the creditor that allows you to catch up your payments. The downside to reaffirmation agreements is that signing one reinstates your personal liability for the debt. Should you decide in the future that you cannot pay the debt, you will be liable for it as if you had not filed bankruptcy. Redeem the property – You may redeem the collateral by paying the creditor what it is WORTH rather than what you OWE on it. For example, if you have a car worth $5000 and you owe $15,000 on it, you would pay the creditor $5000 for the car. The downside is that you have to make a lump sum payment. In the case of vehicles, you may be able to finance redemption through a particular company, and we are happy to provide you with their contact information.

Premium commercial litigation law firm Tate County Mississippi? Choosing an Aggressive Collections Attorney Who Understands the Importance of Prompt Payment: Choosing an aggressive collections attorney who understands the importance of prompt payment is essential. If you are owed money, it is important to act quickly in order to be able to recover any lost interest. Highly Experienced North Mississippi Debt Collection: Our collection attorneys are seasoned collection professionals who have the litigation prowess to handle your debt collection claims even though you may have had difficulty in attempting to collect the debts on your own.

On October 1, 2014 major changes were made to Mississippi’s DUI laws, below are some of the major changes to the Mississippi DUI laws: Ignition interlock comes to Mississippi – Recently, an ignition interlock device has been placed in DUI law in Mississippi this year. A breath test machine which is wired to a car’s starter system, making it impossible to start the engine if alcohol is detected on the driver’s breath. Effective October 1st, 2014 in Mississippi, people convicted of DUI will be required to install these devices in their cars for a period of 90 days.

Whether your company is trying to resolve a dispute before it escalates into a lawsuit, or you need strategic counsel to protect your interests, out reputable attorneys can concentrate on your business’ legal issues while you operate your business. Our experienced lawyers provide comprehensive representation for landlord-tenant issues in North Mississippi. Our firm works with clients throughout the eviction process, including eviction notices, court appearances and the removal of furniture and other property from the premises. See extra information on personal injury lawyers Desoto County Mississippi. When you need counsel on a major, life-impacting decision, you deserve an attorney who will actively listen to you, thoroughly examine the facts, and provide the best possible solution for you and your future. We have advocated for our North Mississippi clients for over 10 years. There’s no need to handle these difficult matters of law all alone. Get the legal advice, counsel, and representation you need. Contact HP Attorneys PLLC in North Mississippi for a consultation. We can help you decide which course of action will serve your best interests.

You may then have an administrative hearing about whether or not the stop you were involved in had probable cause for happening, the refusal of testing and the procedure in which they attempted to get you to do a test. If your license is suspended at the administrative level, you may appeal. If a driver refuses to take a breath, blood or urine test on the public road they will be sent a suspension letter. They have 10 days from the date of the letter to file a lawsuit against the Commissioner of Public Safety in order to contest their suspension. If you want to dispute the suspension of your license, then you should be aware of certain procedural requirements that must be met. For example, if you keep the letter and envelope from the post, it may give you more time to file. This gives you proof of the date the letter was postmarked rather than the date on the letter. It’s easier to solve these issues with a lawyer around.

HP Attorneys has successfully represented insurers and their policyholders in a variety of the aforementioned circumstances. As North Mississippi insurance defense law lawyers, we dedicate our time to understanding and respecting our local clients’ needs and goals. We remain well versed in the state’s laws and regulations, which allows us to better assist both insurers and policyholders. Other North Mississippi lawyers may be familiar with state laws, but few will have the extensive experience in insurance defense law we have at HP Attorneys. See additional info on https://www.hpattorney.net/.

Searching for accident lawsuit tips in Charlotte, NC?? Vehicle accidents occur at alarming rates throughout the state of North Carolina. Unfortunately, these incidents can occur between multiple vehicles as well as incidents involving vehicles versus pedestrians, bicyclists, and motorcyclists. Accidents involving large commercial trucks can be devastating for those inside traditional passenger vehicles. Often, these incidents are caused by the careless or negligent actions of truck drivers or trucking companies. Our team strives to secure full compensation for our clients, and we are not afraid to stand up to well-funded trucking companies in the process.

Keep a diary of all of your complaints and limitations on your physical activities. This will help you remember details many months later when you are required to provide a statement or testify about how your injuries impacted your daily life. Start thinking about the witnesses you may need in the future. It may be necessary someday to have friends, neighbors or co-workers testify regarding your disability and pain and suffering.

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. Discover extra info at price and petho personal injury attorneys.

We have extensive experience helping clients who have sustained catastrophic injuries. These are injuries that can lead to permanent disability or disfigurement for victims, including spinal cord injuries, traumatic brain injuries, severe burn injuries, and more. Medical mistakes are a leading cause of death in the United States according to researchers at Johns Hopkins. Our firm regularly helps victims who have sustained injuries due to surgical mistakes, medication errors, nursing home abuse and neglect, birth injuries, misdiagnosis, failure to treat, and more.

In North Carolina, the employer is responsible for: Medical care- Workers’ compensation provides for payment of medical expenses, including hospital and rehabilitation services, prescription medication and travel expenses. The injured worker may also be entitled reimbursement of travel expenses to treatment facilities at the rate of 50.5 Cents ($0.505) per mile, provided that travel is 20 miles or more per round trip. Lost wages- Lost wages are paid after the first seven days of disability and are calculated at the rate of two-thirds of the employee’s average weekly wages. These benefits are referred to as “Temporary Total Disability” or TTD and “Temporary Partial Disability” or TPD.

Founded by Attorney Larry E. Price in 1979, the law firm of Price Petho & Associates is dedicated to the representation of plaintiffs involved in serious personal injury, workers’ compensation, and wrongful death claims. Our mission is to provide our clients with the best legal representation possible with a personalized approach to each case. Our goal is not to be the biggest legal practice but rather the best. When you hire the law firm of Price Petho & Associates, your case will be handled by attorneys, not just case managers. Your calls will be returned promptly and your questions answered. In short, you will be treated with the respect and compassion you deserve. Find more info at https://www.priceattorneys.com/.

High quality personal injury attorneys in Charlotte? 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.

If you were wrongfully injured, you deserve fair compensation. The more accurately and thoroughly you can document your claim, the better your chances of maximizing your personal injury settlement. This might include demonstrating how the at-fault party’s actions caused your accident and injuries. Take photos of the accident scene and collect contact information from any witnesses that are present. You’ll also need to get a copy of your police report.

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. Read additional details at Price attorneys charlotte nc.

Vehicle accidents caused by the negligence of other drivers are not uncommon in and around our area. These incidents can lead to severe injuries, but victims are often left going up against aggressive insurance carriers in order to obtain compensation. We handle all types of traffic accidents, including those involving traditional passenger vehicles, commercial vehicles, tractor-trailers, Uber and Lyft vehicles, delivery vehicles, and more.

What Coverage Does Workers’ Compensation Provide? In North Carolina, workers’ compensation covers employees injured by accident in the course of their employment, even where the employer is not at fault. In fact, work comp will pay even when the employee is negligent in causing their own injuries. However, accepting this coverage requires a mandatory waiver of the injured employee’s right to sue the employer for negligence in causing the injuries, though they can still sue a third-party responsible for the injury.

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. Discover extra details on priceattorneys.com.

Joint venture agreement in UK? Some individuals review their Wills regularly ensuring that they amend them to take account of a change in family or personal circumstances. However, those that don’t may find that on their death their Wills may not reflect their own last wishes or the expectations of those they have left behind. There are a number of reasons one might wish to make a Deed of Variation, for example, to make provision for someone who was excluded from the Will, to take account of differences in the financial position of beneficiaries, or to simply pass assets on to the next generation. There may well be other financial reasons to consider. At Blackstone, we can help to ensure a Deed of Variation achieves the outcome you are looking for. It is imperative that you seek expert legal help as once a variation has been made it cannot be undone.

Why Have Shareholders’ Agreements? When setting up a company with family, friends, or other professionals you have known for a long time, it is very easy to assume that nothing can go wrong in the future. You trust one another and therefore you probably assume that you don’t need to think about putting any protections in place in case things do go wrong. You also might feel a little uncomfortable suggesting that your new business partners enter into something akin to a pre-nuptial agreement. Hopefully nothing will go wrong BUT friends, family and business partners do fall out. If you do not seek to protect yourself, you could lose out. Or your friendship could suffer irredeemably. Or you could end up involved in costly litigation.

Transferring ownership – how does it work? If the transfer has been approved by your lender, or if the mortgage has already been paid off, then the process works a number of stages. These stages include: Contact solicitor to prepare a transfer deed, and if a mortgage is involved a new mortgage deed, The solicitor will deal with the registration of the transfer at HM Land Registry, Be aware that if the property is leasehold (for example an apartment) you will have to inform the landlord and will have to pay notice fees to them, Check with your solicitor to find out if you are liable to pay Stamp Duty, You may be exempt from Stamp Duty if the transfer of property ownership is taking place as part of a divorce settlement.

Why are we better for you? We stand out from the crowd because we care about every case we take on, and doggedly fight to get the result that is fair and right. This is reflected in our ethos of passion and tenacity, which we follow at all times. We understand clients want a law firm to fight their corner every step of the way. We are: Passionate about each and every case, Willing to pursue what we think is right, Highly experienced in getting the right results for our clients, Highly academic – both in our background and our approach, Proud of the work we do. Discover extra information on Blackstone Solicitors.

It’s a landlord’s worst nightmare: a former tenant absconds from a property without having paid everything owed. It can be extremely tricky to reclaim this debt without the assistance of a solicitor. Often the ex-tenants will find excuses to delay payment; will ignore calls and letters, or disappear altogether. Blackstone Solicitors specialise in rent arrears case’ armed with the legal expertise needed to ensure a fair outcome for landlords. You shouldn’t have to experience stressful cash flow problems just because a tenant won’t pay its debts, which is why we aim to resolve such disputes promptly and effectively.

There is a common misconception among Tenants occupying commercial premises under a lease that the premises can be handed back whenever they decide they no longer want to occupy them. Some Landlords are also under the impression that they can terminate a lease as and when they choose. Both of these views are incorrect. A lease is a contractual agreement between a Tenant and a Landlord and will last for a fixed period of time. Although some leases will include a clause that allows for early determination, most will run until they end by ‘effluxion of time’. However, there are ways to end a commercial lease early, and these processes will differ depending on who wishes to terminate the lease – the Landlord or Tenant – and under what circumstances and when. Both parties will need to be aware of their legal obligations. To speak to a solicitor about terminating a commercial lease, get in touch with us today by calling 0161 929 0121, or complete our online enquiry form and we will get back to you. Read more details on https://blackstonesolicitorsltd.co.uk/.

Excellent tax attorney in Houston, Texas right now? After the lawsuit is filed, the creditor will hire a constable or private process server whose job is to deliver a copy of the lawsuit to you (this process is what is referred to as ‘being served’). The constable or private process server will usually be looking for you at your last known address. Occasionally they will attempt to serve you are your place of employment. If the constable or private process server cannot find you to serve you (for example, if they have an incorrect or outdated address or if you are at work each time they come by), the lawyers may ask the judge for permission to serve you by another method – such as leaving the lawsuit at your house with anyone over the age of 16 or affixing the lawsuit to your door.

This is a very formal process subject to the IRS’s rules and is not as easy as calling the IRS and saying “let’s make a deal.” A Houston tax attorney will analyze your IRS tax debt situation to determine if it makes sense to prepare an offer in compromise for your tax debt. An OIC is an agreement where the IRS will accept an amount less than what you owe as settlement for your back taxes. The IRS requires that you submit a non-refundable payment equal to 20% of the total offer along with the application. An OIC should only be submitted after careful calculation and considerations.

As a bankruptcy lawyer in Houston, I primarily help people and companies file Chapter 7 bankruptcy and Chapter 13 bankruptcy. I also help both individuals and companies resolve other debt issues. I have been practicing as a Chapter 7 lawyer in Houston and as a Chapter 13 lawyer in Houston for over 5 years. I think that customer help 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. See extra info at top-rated bankruptcy attorney in houston.

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.

Harvest Your Capital Losses: If you own stocks that have lost money, you can sell them and deduct up to $3,000 on your federal taxes. Just be careful not to violate the wash-sale rule, which would disallow the deduction. This rule states you cannot purchase the same or a substantially similar stock within 30 days before or after the sale. “Some people think it’s OK if I do it using two accounts,” Zollars says. They may think they can sell a stock from a taxable account and then immediately purchase similar securities in an IRA. However, this is not allowed. “That’s not the way the rule works,” he says.

Out-of-pocket charitable contributions: It’s hard to overlook the big charitable gifts you made during the year by check or payroll deduction. But the little things add up, too, and you can write off out-of-pocket costs you incur while doing good deeds. Ingredients for casseroles you regularly prepare for a qualified nonprofit organization’s soup kitchen, for example, or the cost of stamps you buy for your school’s fundraiser count as a charitable contribution. If you drove your car for charity in 2019, remember to deduct 14 cents per mile. Jury pay paid to employer: Some employers continue to pay employees’ full salary while they are doing their civic duty, but ask that they turn over their jury fees to the company. The only problem is that the IRS demands that you report those fees as taxable income. If you give the money to your employer you have a right to deduct the amount so you aren’t taxed on money that simply passes through your hands.

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 information at https://dovebankruptcylaw.com/.