The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Bankruptcy Law

How to Close a Failed Bank Resolution

The average citizen is unfamiliar with a failed bank resolution and does not understand how the process works. But, when individuals are notified that they bank is being closed, immediately there is

PNC Bank Vs. Keybank

When someone is looking for a full service bank, it is always helpful to compare the services, fees and interest rates of several large banks. Two such banks are PNC Bank and

Best Way to File for Bankruptcy in California

Bankruptcy is not an easy prospect for anyone. Individuals must consider all of their options before they choose this option. However, there are ways to simplify the process once bankruptcy protection is

What Happens If My OTC Stock Goes Bankrupt?

Over-the-counter (OTC) stocks listed on the FINRA Bulletin Board or on the Pink Sheets carry substantial risks for traders. The potential bankruptcy of the company is the ultimate risk, and in this

How to File Insolvency With the IRS

When a financial institute or debt collector cancels some or all of the debt you owe, you will be issued a 1099-C. This will reflect the amount of money that was cancelled

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