Understanding the New Bankruptcy Law - How Does It Affect You? On October 17, 2005, a new bankruptcy law went into effect. The purpose of the bankruptcy was to restore some fairness into the bankruptcy law in terms of who could qualify. Congress had become convinced that many people were taking advantage of the system under the old law in order to get out of paying debts they could afford to repay. The new law makes it more difficult...more
Bankruptcy is all together a very learnable incident that takes place in ones life. It is indeed a life changing experience. However, the most crucial part is how one regains his consciousness after it. Bankruptcy should be considered as an opportunity to forget past mistakes, learn from them, and move on to a new beginning.Practically, it seems impossible to gain the trust of lenders in the beginning. But the fact is there are several lenders...more
The New Bankruptcy Laws - Why Bankruptcy Is Now More Of A Pain The new bankruptcy laws are really not so new anymore since they were passed in 2005. But they are called the "new" laws to differentiate the current law from the bankruptcy law that was in effect prior to October 2005. Anyone who filed bankruptcy prior to 2005 is under the old law and the old law requirements. Since it takes years for some bankruptcies to be completed, such as a chapter 13 repayment plan, there are plenty of people still being monitored according to the old rules.The new bankruptcy laws did make some important changes though. Many people feel the new laws primarily benefit creditors such as the credit card companies, because of the creation of the "means test". The means test is used to measure your capability to pay something back to your creditors. Under the old law, if you had no assets to be liquidated many creditors received nothing in the way of repayment. Under the new law, if your income meets certain tests then you might be forced to file a chapter 13 bankruptcy. A chapter 13 bankruptcy requires a repayment plan be put into place that is then monitored by the courts...more
Kennedy Center Honors, TV 3.0, ABC TV's New Year's Dance Party, Film Florida Meeting, some highlights in December's Media and Entertain In Monte Carlo, the Monaco International Film Festival runs through December 5, and the Eighth Edition Angel Film Awards take place as an established art house cinema event recognizing themes...more
San Antonio Cosmetic Dentist Offers New Dental Implant Options San Antonio Cosmetic Dentist Now Offering New Dental Implant Options! Are you tired of those dentures yet...well, here's an alternative! San Antonio cosmetic dentist, Edward J Camacho, has teamed up with one of the city's top oral surgeons and an award winning lab to bring...more
Will Hydrogen Ever Be Developed Into An Effective Fuel? Hydrogen is another source of fuel that can be used to power a car and other types of motorized vehicles. This includes wheelchairs, boats, submarines, cars, buses, tractors, motorbikes, trains, rockets, and aircraft. These vehicles can run on hydrogen as they convert its chemical energy into mechanical energy. This is done by burning hydrogen in an internal combustion engine or by reacting hydrogen and oxygen in a fuel cell which can then be used to generate electric motors. This makes hydrogen a very attractive type of alternative fuel in present world.However, hydrogen is not considered to be a source of energy as it is not one of the natural elements of the earth. Instead, it is known as an energy carrier. In present day, hydrogen is developed from methane and other types of fossil fuels. But it can also be made from a variety of other sources such as solar, wind, and nuclear energy. At the moment, researchers are trying to develop ways to produce and deliver mass quantities of hydrogen so it can be utilized as a widely-used source of energy. However, they need to keep the costs down if it is going to be able to...more
Cryogenic Liposuction– The New Liposuction Technique If you have been watching new cosmetic procedures coming available in the last few years – the years that might in the future be dubbed the ‘plastic surgery awakening’ – you may...more
Baby Steps For New Bloggers - Starting Out For Free and Getting It Right First Time Isn't it a great feeling when you are with a group of friends and you are talking about a subject which you are passionate about?The subject could be your...more
January car sales began to fund a new high share a dim view of car China Automobile Industry Association recently released statistics show that in January continued in 2009 China's auto consumption boom as sales were 1.6148 million and 1.6642...more
Bankruptcy Laws - How New Bankruptcy Laws Affect You In 2005 the U.S. was implemented with new bankruptcy laws that passed congress. Before that time, filing for chapter7 bankruptcies was an easy way out of financial obligations.Many people...more
Produce Inexpensive Electricity Via Magnetic Energy Generator! There are several techniques and devices that are used to produce electricity but all of them are mostly unreliable and some of them take a lot of time or money to produce...more
If you are following Lady Gaga on twitter then you have probably saw her tweet saying that shes got a special announcement to make about her upcoming album entitled Born This Way. Behold little monsters; Mother Monster is up with a usual thrilling...more