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3 Secrets to Creating Passion & Excitement in your Partner About Your Business
3 Secrets for Creating Excitement and Passion in Your Partner
There are many ways to create excitement and passion in your partner and we aren’t going to go into all of them. However, now that we have your attention, we would like to share 3...
Honey, Rich Is Better
"I've been rich and I've been poor. Believe me, honey, rich is better”
-Sophie Tucker
Statistics show that a majority of women to do not start to think about their personal finances and investing until their late forties after the death of a...
How does an under-18 female buy on-line fashion without a credit card!!
The on-line fashion accessories shop Lady2B is unique in that it
has overcome the problem area for young on-line shoppers - how
to pay.
Most children under 18 do not have debit/credit cards. Young
shoppers who become members of Lady2B gain a...
On the Hunt for a Job? Build Professional Resources
Searching for a Job? Use Your Time to Build Professional Resources.
by Elizabeth Kirwin
With unemployment figures at 6.1% in August, there is great concern among the jobless about their financial future. Though internet job posting seems...
Refund Anticipation Loans -- More Harm than Help
If someone offered to loan you $2100 of your own money at interest rates of up to 222% you’d probably laugh at them and walk away; but, this spring, 1 in 10 Americans will do just that: they’ll borrow their own money at interest rates as high as...
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Bankruptcy - All About Chapter 7 Bankruptcy
The most common type of Bankruptcy that is filed for is Chapter 7 Bankruptcy. This is a liquidation bankruptcy rather than a reorganization bankruptcy. This means that assets will be sold to clear the debt or debts.
It starts by the person in debt listing their assets. With Chapter 7 Bankruptcy the debtor is allowed to keep what is called "exempt" property. Examples of exempt property are
a certain amount of home equity
a small amount of vehicle equity
small allowance for clothing
small allowance for other personal items.
The value of these exempt properties differs depending on what jurisdiction you file for Chapter 7 Bankruptcy in.
A trustee will be appointed who will gather the debtors assets ready for sale. The proceeds will then be distributed to creditors according to priority. Even after declaring Chapter 7 Bankruptcy there are some debts that will still be require to be paid off. These are called non-dischargeable debts and some
examples are
child support
student loans
DWI fines or penalties
taxes.
Secured debts are those where the creditor has an interest in the property of the person filing for bankruptcy. It may be that the loan was used to purchase the property. Secured debts take priority over non-secured debts. If the sale of the property is insufficient to repay the secured debt then the remained of the debt becomes classed as a non-secured debt.
Non-secured debts are the last debts to be cleared off in bankruptcy proceedings. They may even end up completely discharged if there are not enough assets. This is what happens in many Chapter 7 Bankruptcy cases. An example of a non-secured debt is a credit card debt.
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Find more great articles at http://www.marriedfinances.coma great online source for finance information.
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