Bank finance articles and tips

Do you feel like you have few / limited / or no options in your tax situation? What would a tax consultant recommend if you could meet with one for an hour?

Perhaps you just received a CP 2000 letter. Or maybe you just received a lien or levy notice. The number of situations and questions you might pose to a tax consultant could vary in scope and complexity.

"Can I discharge my debt to the IRS in bankruptcy?"

"I don't have money to pay back taxes. What can I do?"

""I haven't kept (or have lost) good records? What do I do?"

"Will IRS take a payment plan?"....

In a recent deficit-reduction plan submitted to congress, the president has included a provision that would make it easier for debt collectors to call the personal cell phones of private citizens. If signed into law, this would allow debt collectors to aggressively pursue debtors by means that previously haven't been legal. Collectors would be allowed to call consumers' cell phones to collect money that's owed to the government, primarily in the form of student loans. This comes despite other legal measures to make it easier for individuals to consolidate and negotiate student loan payments. Though the plan is already unpopular, Obama's administration justifies the decision by arguing that it's necessary in an age when most people don't use landlines anymore....

Today's credit card market is not overwhelmingly full of offers for you to transfer your balances due to economic conditions. There are still many different credit companies that offer this program, but the guidelines are a little stricter. Balance transfer credit card offers are a great way for you to find a lower interest rate and save money at the same time. Millions of Americans are using credit cards with extremely high interest rates....

Coupons are very useful to many people. What are coupons? Coupons are slips of paper that you can use to get money off of certain items. Coupons are very common in many places. You can look in the newspaper and some magazines. They are on the back of your shopping receipt and you can even print coupons out as well.

Grocery coupons are obviously found in grocery magazines or on the shopping receipts from things you purchased. For example when you go shopping next time and get your receipt just turn it over. On the back of it should be coupons for a large assortment of items. However they do have expiration dates. You need to use certain coupons within a certain amount of time or else they expire and are useless slips of paper. So be sure that you always check the date on your coupons before you use them....

Bankruptcy is not a passive process. In fact, it requires much participation on the part of the filer. While there isn't much variation in the amount of participation required for a Chapter 7 and Chapter 13 bankruptcy, there are some differences. There are, however, differences in the benefits produced by a Chapter 7 versus Chapter 13 bankruptcy....

Perhaps the most common loans to seek, and arguably the easiest to get approval for, are auto loans. But when bankruptcy has marred a financial reputation, the automobile is also one of the first items to be seized. This means an individual made legally bankrupt can be in need of a job, a home and a car all at the same time.

With their new status, the chances of getting any kind of loan are seriously affected, but are not made impossible. Indeed, getting an auto loan after bankruptcy is not nearly as difficult as it might seem.

Bankruptcy once had a stigma associated with it, but in recent years, the increase in cases that down to economic failures rather than any financial irresponsibility, means lenders now have a different attitude....