tag:blogger.com,1999:blog-19330761059641861872012-02-16T19:47:16.407-08:00A Clear Picture of Bankruptcy, the steps involved and the New Bankruptcy Law.John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.comBlogger91100tag:blogger.com,1999:blog-1933076105964186187.post-49129524522896009352007-09-07T10:33:00.000-07:002007-09-07T10:39:12.901-07:00

Bankruptcy should be the last resort to getting out ofdebt. It will stay on your credit report for up to 10years, guaranteeing that you will receive higher thannormal interest rates on future financing close to thebankruptcy filing. Some debts will remain anyway such asrecent IRS debt, student loan debt and debt incurredthrough fraud just to name a few. Bankruptcy may be betterfor someone who has

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-20937192410969151542007-06-26T01:59:00.000-07:002007-06-26T02:07:30.179-07:00

When you file for bankruptcy, it means that you are unable tomake timely payments on all of your debts. This is not aself-proclaimed state of affairs, since the courts will need torule on this decision, and the Connecticut Bankruptcy Court isone example of a place that processes such claims.The Connecticut Bankruptcy CourtThe Connecticut Bankruptcy Court has a number of courts whichare located in

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-16656386810177567442007-05-19T11:35:00.000-07:002007-05-19T12:27:17.555-07:00

On October 17, 2005 President Bush’s sweeping bankruptcy reform law goes into effect forever changing the rules of debt collection in this natiion. Consumer advocates and the public appear to be completely unaware of the total and complete victory of the creditors under the new legislation. This article opens the door to the Trogan Horse so that consumers can prepare themselves for the worse.The

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.comtag:blogger.com,1999:blog-1933076105964186187.post-86573634668959672932007-05-10T13:12:00.001-07:002007-05-10T13:24:17.447-07:00

Bankruptcy can be stressful and discouraging while simultaneously, a freeing experience for millions of Americans every year. Depending on which type of bankruptcy you file, you are either relieved of all of your debt through the liquidation of your assets, or you may be making monitored payments to your debtors.This may prove to be quite beneficial. Your financial life is finally under control.

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-13273922212138882682007-04-28T14:51:00.000-07:002007-04-28T14:54:07.457-07:00

Are Non-Profit Credit Counseling Agencies a Better Bet for Consumers?Non-profit document credit counseling agencies enjoy special benefits because of their status. There is a tax advantage; non-profits enjoy tax exemptions on both a state and federal level. Non-profit agencies are also eligible for both public and private grants to support their mission.Non-profit agencies have a better

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-36963220558454167492007-04-18T05:03:00.000-07:002007-04-18T05:06:58.810-07:00

First, understand that filing bankruptcy should be a last resort if you have borrowed money and have absolutely no way or repaying it. Filing for bankruptcy will have a negative effect on your credit history for 10 years or longer and may also adversely impacts your quality of life.If you do declare bankruptcy, here are some things to expect. First, you will need to be prepared to explain to a

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-44285768844463512007-04-13T18:53:00.000-07:002007-04-13T19:00:22.281-07:00

When people are so deep into debts and they have absolutely no chance of paying them off then as a last resort they file for bankruptcy. However this is often considered a taboo subject and there are many misconceptions floating around. Some of the myths associated with bankruptcy are:Myth 1: Everyone will knowPeople believe that as bankruptcy is a part of your public record every person will get

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-25690286188121272512007-04-10T11:47:00.000-07:002007-04-10T15:41:15.354-07:00

Sometimes people consider bankruptcy to be an easy option to free themselves from the burden of mounting debt. In fact, rather than addressing the root of the problem this the first option that comes to their mind. The truth is that this may eliminate the burden but its not an easy thing to do. Furthermore, bankruptcy should always be your last option.At first glance it may seem that the filing

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0tag:blogger.com,1999:blog-1933076105964186187.post-18308330209471592532007-04-09T16:51:00.000-07:002007-04-09T20:05:16.689-07:00

Are Non-Profit Credit Counseling Agencies a Better Bet for Consumers?Non-profit document credit counseling agencies enjoy special benefits because of their status. There is a tax advantage; non-profits enjoy tax exemptions on both a state and federal level. Non-profit agencies are also eligible for both public and private grants to support their mission.Non-profit agencies have a better

John C Vincenthttp://www.blogger.com/profile/07530677288593859707noreply@blogger.com0