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Equity Sharing Agreements

October 30th, 2015 by

Consider looking into an equity sharing arrangement when two are more parties are looking to purchase a property. Typically this will involve one or more investors who contribute some or all of the down payment on a home, and an occupier who pays the monthly expenses, while both parties are able to share in the […]

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What To Do After A Car Accident

December 20th, 2014 by

Car accidents can really shake you up, and while many people assume that they know what to do, there are a few things that you can do immediately following an accident that can greatly alter the outcome of a personal injury case. If you have been involved in an accident, Avant Law Corporation recommends following […]

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Tax Liens in Bankruptcy

December 20th, 2014 by

Under certain circumstances federal income taxes owed can be discharged in a Chapter 7 bankruptcy filing (see corresponding legal guide), however a federal tax lien that has been properly recorded by the IRS will survive the bankruptcy and is not discharged even if the underlying tax is discharged. 1 What is a Federal Tax Lien […]

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Bankruptcy and Unlawful Detainers

November 28th, 2014 by

Are you behind on your rent? Are you a tenant and facing eviction? Have you been served with     a Notice To Quit? If you answered yes to any of these questions, then exploring bankruptcy options may be right for you. If the tenant doesn’t voluntarily move out after the landlord has properly given […]

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How will bankruptcy affect your credit?

November 28th, 2014 by

A chapter 7 bankruptcy filing will remain on your credit report for 10 years from the date of filing your petition. Most filers are able to start rebuilding their credit within a few months after filing. Interestingly, we’ve found that worse your credit is before filing bankruptcy, the quicker it will rebound after receiving your […]

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Discharge your Income Tax Debts in Bankruptcy

November 28th, 2014 by

If you are suffering from insurmountable income tax debts you may want to consider bankruptcy as an option to help. Your income tax debts are dischargeable in Chapter 7 Bankruptcy if they meet the following criteria: Your are eligible for Chapter 7 Bankruptcy and the taxes are income taxes; You did not commit fraud or […]

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Traffic Tickets, Civil Fines and Penalties in Bankruptcy

November 15th, 2013 by

Although many debts are discharged in Chapter 7 Bankruptcy, allowing an individual the promised “fresh start,” there are certain debts that are not discharged. Traffic tickets fall under the category of a civil penalty and cannot be discharged in Chapter 7 pursuant to U.S.C. section 523(a)(7). 1 Chapter 7 Bankruptcy The relevant bankruptcy code section […]

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