Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Making Sense of Bankruptcy: Using the Pickiness of the “Means Test” to Your Advantage
Because of the very particular way that the means test measures income, the timing of your bankruptcy filing may be crucial.
Executive Compensation and Income Inequality
How much has the compensation of top corporate executives really been going up? How much in comparison to their employees?
The Minimum Wage and Wage Stagnation
Has the minimum wage really been declining? Would an increase in the minimum wage mostly affect teenagers? What about women? And minorities?
The Role of Labor Unions in Why Middle Class Wages Aren’t Increasing
Economists can debate how much unions have helped boost wages historically. But unionsâ decline does seem related to our wage stagnation.
Sensible Reasons Why Middle Class Wages Have Not Increased in the Last 10 Years
Wages have not been rising because of high unemployment, increasing employer health care costs, and the shift to lower paying jobs.
Labor Day and the “Lost Decade” for Wage Growth
Todayâs worsening income inequality is partly explained by stagnant middle class wages during the last decade. Why AREN'T wages rising?
More Fun Tax Facts–the Wealthiest 400
Found so much interesting about taxes that wouldn't fit into our last blog, so had to give you more. Such as the income and taxes of the wealthiest tax return filers.
How to File a Chapter 7 “Straight Bankruptcy” Even If You Make More than the “Median Family Income”
The amount of your income may not disqualify you from Chapter 7.
The Limited Power to Force a Creditor to Surrender Your Garnished Wages
Once garnished, that portion of your wages or salary is forever gone. With one exception.
The Collision between State Garnishment Law and Federal Bankruptcy Law
Bankruptcy quashes a garnishment, but only if it's filed in time.
Bankruptcy Stops Wage Garnishments Before They Can Hit You
Bankruptcy protects your paycheck because it's more powerful than a creditor's garnishment court order.
Residential Income Segregation Varies Widely Across the U.S.
Increasingly, the rich live among the rich, and the poor among the poor. Especially in the big cities of Texas. Less so in Miami, Cincinnati, Boston, Sacramento, and Portland.
As Middle Class Gets Smaller,More of Us Live in Income-Segregated Neighborhoods
Over the last 30 years in America, more of the rich are living among the rich, and more of the poor are living among the poor.
What is”Median Family Income”; If You’re Making More,Can You Still File Chapter 7?
If your family income is more than the "median family income," you may still be able to file under Chapter 7.