Archive for Bankruptcy

Five Ways to Spot Unethical Annuity Buyers

If you have an annuity that you would like to sell, annuity buyers can help you get your money quickly. But take note. There are unethical annuity buyers lurking. And in this case, “let the seller beware.” As you try to sell your annuity, be sure that you are working with a legitimate and ethical annuity buyer.

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How Much is Coffee Costing You?

Most people have their routine on their way to work. They eat breakfast, travel on the same bus or train each day, they pick up a drink or sandwich on the way to the office. For most people, somewhere along the way, they pick up a coffee.

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Bankruptcy - Common Questions And Myths

When it comes to bankruptcy, the general perception of it is that it’s a bad thing, which is not an unexpected reaction. Bankruptcy has severe consequences when it comes to your credit, no doubt, but it is also the lifeline that can rescue you from the depths of that, which we can not always prevent, debt. The intention of this article is not to promote bankruptcy or raise the common perception to a more positive level, but it has its benefits and they’re often misunderstood. So aside from the common assumptions of mostly negative points about bankruptcy, there are other points that need to be cleared up and understood.

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Which is Worse Bankruptcy or Foreclosure?

The frequency with which homeowners are asking: Which is worse bankruptcy or foreclosure? would almost make you believe that someone just played a cruel joke on us in 2007 and put us in a time machine with the dials set to October 1929.

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What You Should Know When Considering Bankruptcy

When it comes to debt relief, knowledge can be a power. Finding quality legal advice is an excellent first step. Professionals that understand the workings of the legal system are the best sources for advice and they can help you to decide whether bankruptcy is the correct option for you and your situation or not. While it may be easy for an individual to believe that bankruptcy is the only option available, it often turns out not to be the reality.

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How Bankruptcy Can Have Ongoing Effects On Your Financial Life

Choosing bankruptcy is never an easy decision, and the sure and certain knowledge that your credit will be affected in a major way for many years afterward is sobering to say the least, but sometimes this is truly the only option available to some. Let’s look at some of the lasting effects of bankruptcy on not only your financial well-being, but also your psyche.

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When is Filing Bankruptcy Appropriate to Avoid Foreclosure?

Filing bankruptcy to stop foreclosure is one of the most important decisions homeowners will make when faced with the loss of their homes. It is often the least-desirable option to save the home, due to the negative credit effects, but it can be considered as a last-ditch or backup effort if all else fails. Especially if the homeowners are running out of time and the lender is unwilling to stop the sheriff sale, bankruptcy may be one of the only options that would give the foreclosure victims some extra time and an opportunity to put together a longer-term solution to the problem. But knowing when to file bankruptcy and which type is most appropriate can be just as difficult of decisions as the initial one to file in the first place.

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Personal Bankruptcy On The Increase

The administrative office of the U.S. courts has finally released bankruptcy report for the first quarter of 2007. The document shows a continuous and consistence rise in the number of bankruptcy filing in the United States. The document put the first quarter filing at 193,641.

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Why You Should Seek Alternatives To Bankruptcy

The preliminary report by the administrative office of the U.S. courts shows that a number of Americans are “climbing” the bankruptcy ladder during the month of September 2007. The September report represents a new peak in the post-reformed law. It aptly reminds us of the word o f former U.S. senator, who once said “America is in the midst of bankruptcy crisis.” This is the reality today. Then, the question is not why do they go bankrupt? That would only not solve the problem but only leave some more dejected and resign to failure. The question should be what options and alternatives to it are available? Is there any of such? Yes there is! There are alternatives and they are readily available to any wiling individual. It suffices to note at this point that this article does not in any way constitute a legal advice. Thus, why you seek an alternative.

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Factors That May Increase Personal Bankruptcy

A number of factors are thought to be responsible for the steady rise in the rate of personal Bankruptcy filings in recent months. The September peak of 3541 filing per day is a call for concern to many rights thinking people. The numbers of filing recorded in the months following October 2005, seems to mean that the new law is the panacea all of us needed. Well, as we can see today, that is not to be. In fact, it seems that owing to some factor, the rate of filing will continue to climb at least into the foreseeable future.

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Get Personal Loan, Home Loan, Car Loan after Bankruptcy at Low Rate of Interest!

Do you feel your chances of getting approved for a loan after filing bankruptcy is bleak. Wait for a while, bankruptcy loan can help you even after filing for bankruptcy, getting approved for funds after a bankruptcy is not that daunting as you think.

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Bankruptcy Credit Report - You Questions Answered

Bankruptcy Credit Report - You want to avoid bankruptcy at all costs - not only will you be left high and dry financially it will also take a devastating toll on your Credit Report, translating in a 7 to 10 year time period to get back on your feet. Exactly what damage will my Credit Report take and what are my options?

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Chapter 13 Bankruptcy Can Provide Relief From Crushing Debt

In today’s society consumers are taking on more debt than ever. In many instances, the debt becomes too much and they can no longer pay their monthly payments. In situations like this, it may be necessary to file bankruptcy.

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Personal Loans With Bankruptcy

When life happens and you have become stressed beyond your limits financially, you may decide to seek relief from your personal loans with bankruptcy. This option is there to help you to get back on your feet again. Bankruptcy is a tool that can work in your favor if used correctly.

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Edmonton Bankruptcy Series - How To Deal With Tax Debt Without Filing For Bankruptcy

Often I talk with people who want to deal with their outstanding tax debt but don’t want to file for bankruptcy. Whether this is because they are self employed and want to continue to do work on their own, not have as sever of an impact on their credit as they would experience with a bankruptcy or whether they simply want to avoid the stigma of a bankruptcy, it really doesn’t matter. Ultimately, there are two major ways you can deal with outstanding taxes without filing for bankruptcy. The first is to simply make arrangements directly with Canada Revenue Agency (CRA) to make payments over time. The second is to file a formal proposal under the Bankruptcy and Insolvency Act (BIA).

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