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Evan A Nielsen

Evan Nielsen’s Legal Guides

10 total

  • 5 Things to Know before Hiring a Lawyer.

    5 things you need to know before hiring a lawyer. The last person you want to spend time with, or money on, may be an attorney, but when you do need one there are a few things you should know that will help to make sure its the right one. 1. The School and the Class Rank shoul...

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  • How will Bankruptcy impact my Credit Score?

    What will happen to your credit score after a bankruptcy discharge? Less than you might think. This guide explains what bankruptcy will mean for you and your credit rating.

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  • What's better: Short Selling or Foreclosure?

    Whats Better: Short Sale or Foreclosure? In this not-so-friendly economy, its a frequent situation: You purchased a house some time ago when property values were good. But now the markets eroded so far that your mortgage is greater than the value of the property. Or you may hav...

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  • What's the difference between Chapter 7 and Chapter 13 Bankruptcy?

    Whats the difference between Chapter 7 and Chapter 13 Bankruptcy? Bankruptcy is a right granted to every United States citizen. Under the bankruptcy code, any qualified individual may seek protection from creditors by filing a bankruptcy petition. The process of bankruptcy then...

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  • Am I paying too much in Taxes

    How do I know if Im paying too much in taxes? When tax time comes, most of us have paid, or will pay, a substantial amount in tax and we do it with a feeling that its or obligation but always wonder if were paying too much. We hear about others who have substantially larger inc...

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  • What to Expect at your Bankruptcy 341 Meeting

    Your bankruptcy petition has been filed and you just received the notice saying the 341 Meeting of Creditors is scheduled for a specific date about 30 days from now and the burning question is what to expect and how to prepare. For most individuals filing bankruptcy, this will be...

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  • Tax Implications of Short Sale & Foreclosure

    Its a common situation. You found a great real estate deal, borrowed the money to purchase it from a lender, who was all too willing to give you the maximum amount possible. Then the bottom fell out of the market. As a result the house is worth half the amount owed on it. If it w...

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  • How will short selling your home impact your credit?

    You purchased the property when real estate values were good. Now theyve dropped below the debt on the property and the equity is gone. Youve concluded it doesnt make sense to keep the property and are considering a short sale. You know the bank (or banks if you have more than on...

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  • Short Sale Tax Implications & Consequences

    A straightforward answer from a tax attorney on how to avoid the tax implications of a short sale.

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  • How to know if you're paying too much in taxes

    When tax time comes, most of us have paid, or will pay, a substantial amount in tax and we do it with a feeling that its our obligation but always wonder if were paying too much. We hear about others who have substantially larger incomes than we do who are paying the same amount,...

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