Let us create a 3D eBook for you!
Let us create a 3d Digital eBook for you! DigyCat.com

Bankruptcy As An Option


If your financial worries are preventing you from sleeping at night, then you may have considered bankruptcy in hope of a little relief. Usually, consumers only turn to bankruptcy if there is no other hope for them to get out of debt. Many have been to credit counseling and even consolidated their debt into lower monthly payments before they finalize their financial ruin in bankruptcy court.

It's really not surprising that there are so many bankruptcy cases with as much credit that is extended these days. If you pay your bills, you are rewarded with the ability to run up more bills. A lot of times, especially for young people, that responsibility is just too much to handle. It may have seemed realistic to add one more minimum monthly payment when you splurge with your new credit card, but too many of those minimums can land you in bankruptcy court before you even know what happened.

Bankruptcy has become so common, that it isn't the big ugly monster that it used to be. Filing for bankruptcy once scarred you for 7 to 10 years. There was no hope of buying houses or cars or getting more credit cards. Often filing for bankruptcy meant that you had to give up most of your property. Anymore there are credit card offers in the mail as soon as your bankruptcy is discharged. Buying a car is no problem as long as you can handle the sky high interest rates. And buying a house, well you may have to be a little more patient and let your bankruptcy "settle" in the stomachs of mortgage lenders before they will grant you a home loan, but you can certainly get one, bankruptcy or not.

If bankruptcy is the only option you are left with at this point, use it responsibly. Don't take advantage of the bankruptcy system and abuse the rights afforded you. Wipe your slate clean with bankruptcy and start over fresh and responsible and don't end up in bankruptcy court again.

Timothy Gorman is a successful webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt relief, consolidation and bankruptcy as an option information that you can research in your pajamas on his website.


MORE RESOURCES:

Debt Releif - Google News

This RSS feed URL is deprecated

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Law Firms Should Provide Student Loan Assistance To Their Associates - Above the Law


Above the Law

Law Firms Should Provide Student Loan Assistance To Their Associates
Above the Law
The idea of employers offering student debt relief is not new. Indeed, I have read numerous articles about financial services companies offering programs through which employers can provide student debt relief. It seems obvious that law firms would ...

Sudan: Debt Relief Still Not Forthcoming Says Finance Minister - AllAfrica.com


Sudan: Debt Relief Still Not Forthcoming Says Finance Minister
AllAfrica.com
He, however, regretted the fact that despite the implementation of a series of reforms by the government of Sudan including 13 Staff Monitored Programs and the Interim Poverty Reduction Strategy Paper for two years; the establishment of debt scenarios ...

and more »

What is debt settlement? - KTNV Las Vegas


KTNV Las Vegas

What is debt settlement?
KTNV Las Vegas
The other two are debt consolidation and bankruptcy. Debt settlement is when a debtor and a creditor agree on a reduced amount to negotiate the original amount owed. This may sound like the ideal solution for anyone stuck in debt and, in some cases, it ...

and more »

Congo seeks relief talks with oil traders over $2 bln debt - Nasdaq


Nasdaq

Congo seeks relief talks with oil traders over $2 bln debt
Nasdaq
LONDON, Feb 20 (Reuters) - Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and Glencore but now finding its debt levels unsustainable ...
The Congo to start debt- relief talks after borrowing $2bn Business Day
Congo seeks relief talks with oil traders over $2 bln debt | - Kitco Kitco News
Congo seeks relief talks with oil traders over $2bn debt Creamer Media's Mining Weekly

all 1 news articles »

Congo seeks relief talks with oil traders over $2 bln debt - Reuters - Reuters


Congo seeks relief talks with oil traders over $2 bln debt - Reuters
Reuters
Congo Republic is set to becomethe latest African country to start debt relief talks withtrading houses after borrowing $2 billion from merchants such asTrafigura and Glencore but now finding its debt levelsunsustainable, sources familiar with the ...

and more »

Falmouth Receives Major Debt Relief on Turbine Cost - CapeCod.com News


CapeCod.com News

Falmouth Receives Major Debt Relief on Turbine Cost
CapeCod.com News
“The Board of Selectmen voted to enter into an agreement which reduces the obligation from about $1.5 million to about $178,000,” she said. Had the town not received the relief, it would have had to pay $110,000 a year for the next 15 years. The ...

Debt relief still not forthcoming says Sudan finance minister - East African Business Week


Debt relief still not forthcoming says Sudan finance minister
East African Business Week
KHARTOUM, Sudan, the Minister of Finance and Economic Planning, Mohamed Osman Suleiman Elrekabi , the Spokesperson for the EDs, Bright Erakpoweri Okogu , African Development Bank.

and more »

Greece's welcome debt upgrade fails to end concerns over its long-term economic health - CNBC


CNBC

Greece's welcome debt upgrade fails to end concerns over its long-term economic health
CNBC
"However, the medium-term fundamental situation remains problematic," he said, "without significant debt relief measures, such as the ones recommended by the IMF (International Monetary Fund), the Greek debt level would most likely remain at (an ...
UPDATE 3-Ratings upgrade lifts Greek debt, Italy succumbs to pre-election nerves Reuters

all 56 news articles »

Debt relief company returns money to FTC, refund checks in the mail - KOMO News


KOMO News

Debt relief company returns money to FTC, refund checks in the mail
KOMO News
If your credit card debt is out- pacing your ability to keep up with payments, reputable credit counseling advocates say debt relief companies should be your last resort. "People jump right into the first solution that looks like it's best for them ...

LargeFriends.com - the best dating site for plus-sized singles!
SuccessfulMatchCentral.com - the best dating site for plus-sized singles!

PreLaunchX

PrimeNews Domain Is For Sale - $5,000 For Enquiries eMail Us

© www.PrimeNews.biz - 2012

home | site map | links