Tag: bankruptcy
Coronavirus And Small Business Bankruptcy
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You can expect the coronavirus pandemic to shut down millions of small businesses in the upcoming months. A range of small business bankruptcies can be expected as more than 40% of the country’s small businesses are expected to shut down permanently in the next 6 months due to the coronavirus pandemic. This was indicated in…
5 Myths About The $1200 Stimulus Check
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In March 2020 the biggest stimulus package in the history of America was passed by Congress to counter the economic situation caused by the coronavirus pandemic. It was signed to become the law by the U.S. President Donald Trump. This $2.2 trillion package will provide $500 billion to the industries in distress, $350 billion to…
Coronavirus May Lead To Record Bankruptcy Levels?
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The Coronavirus is spreading throughout the entire world. Governments have locked down countries, airlines are not flying, and people are ravaging supermarkets to stock up on basic supplies. What does this virus mean for the world and the future? At this moment in time there is going to be stimulus checks going out to low…
Dealing With Financial Stress During The Coronavirus Crisis
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Similar to the millions of other U.S. nationals you may find yourselves out of work at the moment due to the spread of coronavirus epidemic. Unlike other disasters where you can predict the layoff period, this is an unexpected and devastating blow for many people. There are not many answers available about when all this…
When Are My Debts No Longer Collectible?
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Laws regarding time-barred debts, a debt that is past its legal time window of collection, vary from state to state. This “time window” in which collectors must initiate a lawsuit is formally known as the Statute of Limitations. The Statute of Limitations applies to all types of lawsuits, not just those between debtors and creditors.…
Coronavirus And The Impending Small Business Bankruptcies
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As the coronavirus spreads rapidly across the world, the Chinese and other country’s supply chain problems are not the only problem anymore. The CDC (Centers for Disease Control and Prevention) has asked for the suspension of the gathering of ten or more people in one place. Various stores, bars, and restaurants in the U.S. and…
Worried About Income Tax Debt?
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Look no further. At Weller Legal Group, we are fully equipped to help with your questions regarding the IRS. Constantly receiving mail and phone calls from the United States Treasury can seem threatening and feel unending. Weller Legal Group considers it our privilege to help you understand your options when it comes to your unique…
CORONAVIRUS COVID-19 SANITIZATION EFFORTS
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As the reader is probably aware, various governmental agencies have mandated that various businesses, airports, and other institutions closed their facilities, in an effort to stem the spread of the Coronavirus, otherwise labeled COVID-19. It is the position of Weller Legal Group PA that it is imperative that our offices be as clean and sanitized…
Effect of Coronavirus on Americans and Bankruptcy
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The coronavirus spreading in China has got the financial markets across the world rattled. But the experiences before such outbreaks indicate that the financial markets bounce back pretty quickly. The coronavirus treatment is likely to set back more than half the American households that have $4500 or less in saving. Medical and Insurance Related Effects…
Reasons To File Bankruptcy And Prior Considerations
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To file bankruptcy is an extreme measure. However, this action used in the right way and at the right time can save a lot of money for you and preserve your peace of mind. It also helps you get back on your feet economically. But filing bankruptcy can also be time-consuming and expensive and have…
CORONAVIRUS DRIVER OF BANKRUPTCY
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Numerous publications are claiming that the economic effects of the Coronavirus may include a rise in personal and business Bankruptcy, primarily in Asian regions, such as China and Hong Kong. One article attests that personal Bankruptcy in Hong Kong increased 9% in 2019, for a total of 8151 Bankruptcy filings, and business Bankruptcy increased 14%,…
TAMPA FLORIDA BANKRUPTCY COURT
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TAMPA BANKRUPTCY COURT ADDRESS AND JURISDICTION The Bankruptcy Court in Tampa Florida serves the Middle District of Florida. The Bankruptcy Court is referred to as the Bankruptcy Court of the Middle District of Florida, Tampa Division. There are three other Divisions in the Middle District of Florida, including Orlando, Jacksonville, and Fort Myers. The Tampa…