Our existence here on earth is pretty uncertain. What we come across day after day is just a transient one. Simply put, nothing is permanent in this world, everything is actually just temporary. And that life on earth is just passing through.It is already inherent in us humans to falter in our decisions. Of course, there will always be a time in our lives that we reach the crossroads of indecision. The chapter in which we cant completely make our...more
If you are struggling with this decision, make sure you fully research all of your options and think about what risks you are willing to take. See what reputable attorneys have to offer in terms of free information. You will probably find blogs, bankruptcy FAQ, and possibly even free publications that will point you in the right direction.New Survey Shows Filing Bankruptcy On Your Own Could Be a Detriment! By: James Brown About...more
As you can see, there are many "advantages" to filing for bankruptcy shelter. When you speak of benefit, you normally strive for that advantageous situation. Why would anyone strive for advantage for bankruptcy? Your credit history is certainly affected when you filed for bankruptcy and that presents the disadvantage for this legal process. It just makes sense for you to take benefit of the bankruptcy and eliminate your debt once and for all. Whether you find it advantageous or disadvantageous to apply for bankruptcy, the whole proceeding should be handled with care by a qualified bankruptcy attorney. Bankruptcy should definitely not be taken lightly and therefore it is only wise for you to seek the help of a bankruptcy attorney.Bankruptcy can have its advantages and disadvantages By: Steve Sanchez About the Author Steve Sanchez has recently overcome the economic depression of 2008-2009 by declaring bankruptcy. Even though bankruptcy has devastated Steve financially and emotionally, Steve has rebuilt his businesses in the last 6 months and he has not looked back since.One of his project is to educate people on bankruptcy. Having gone through the ordeal...more
People who are facing financial crisis often find the easiest way to escape from debt payments by filing bankruptcy. Bankruptcy seems to be the best and most accurate solution for becoming debt free but it can prove to be fatal for your social status and self esteem. Along with that, it will leave no scope to choose any other alternative to improve...more
Filing for bankruptcy is a serious decision with long-lasting effects on a person's finances and credit. A qualified Vancouver WA Bankruptcy attorney can help you make the decision whether to file, what type of bankruptcy to file, and can ensure that the proper petition and schedules are filed with the court at the right time. A great Portland...more
The debt settlement industry saw a major growth in 2009 and has recently come under an increased scrutiny from members of congress. A Federal Trade Commission investigation into the settlement industry revealed several companies conducting business in an unethical manner. A representative for the United States Organizations For Bankruptcy Alternatives (USOBA) responded to the legitimacy of the debt settlement industry recently at a congressional hearing.The proponents for debt settlement laid out some facts. The truth of the matter is that the settlement industry settled over $1 billion of unsecured debt in 2009. This resulted in approximately $400 million being collected for creditors and $600 million being eliminated for consumers.The debt relief market saw significant growth over the past couple years as bankruptcy laws have become much tougher and consumer balances are rising at alarming rates. Creditors are realizing that they would be better off taking a settlement deal rather than risking the chance of the consumer declaring bankruptcy and getting none of their money back. 50% of a credit balance is better than nothing. Also, creditors get a major tax break when they make a ...more
With the economy and housing industry at such a low point, the threat of foreclosure, repossession, and wage garnishment are looming over the heads of millions of Americans. The unsettling fear of losing a home and possessions has the capacity to...more
Chapter 7 bankruptcy is commonly referred to as liquidation bankruptcy. It cancels debt entirely in the course of approximately three months and is an attractive option for many people considering bankruptcy. The down side for many is that filing for...more
Serious financial problems rarely happen when you expect them. Personal injuries or other illnesses that leave you disabled can cause huge medical bills to pile up yet cut off the only source of funds you have to pay off your debts. Sixty-two percent...more
The cost of a college education has skyrocketed in recent years and there appears to be no end to tuition increases. For the 2009-2010 school year, the average cost of a private four-year college was $26,273, up 4.4 percent from the previous year....more
Debt Consolidation Carrollton has lots of quality inforamtion on Debt Consolidation Carrollton.Credit Debt Relief - The Best Way to Avoid Bankruptcy and Eliminate Unsecured Debt By: granado bartlome About the Author For more...more
Do not fall into the trap of thinking you must have a credit card to rebuild your credit rating after a bankruptcy. This is just another ploy by credit card companies to get you to sign the credit card agreement. Just say no and stick to a cash...more