Bankruptcy Report Announced by The Debt Counsellors
(ContentDesk) April 9, 2006 -- The Bankruptcy Report has been released by debt help professionals The Debt Counsellors to provide an in-depth guide for those facing insolvency in the United Kingdom.Bankruptcy is a serious and growing problem in the UK. Official Insolvency Statistics have revealed record figures for the fourth quarter of 2005: there were 20,461 bankruptcies, which represented a 15% rise on the third quarter of 2005 and a 57% rise on the fourth quarter of the previous year.In total, there were 67,580 bankruptcies filed in 2005 but those in the debt advice industry are warning that as many as 100,000 people could go bankrupt in 2006.The Bankruptcy Report, therefore, has been produced to help people with serious debts to understand the details and processes involved in bankruptcy and, above all, avoid bankruptcy altogether.The Bankruptcy Report also aims to dispel some of the myths that have developed around bankruptcy, such as it being an 'easy way out' of serious debt problems; on the contrary, bankruptcy carries with it serious risks to key assets as well as numerous financial restrictions, as detailed in the Report.Another key aspect of the Bankruptcy Report is its detailing of alternatives to bankruptcy, such as the IVA, or Individual Voluntary Arrangement, whereby someone with debts over ?15,000 can enter into an agreement with creditors to pay off a greatly reduced sum over a five-year period.John Porter, a senior counsellor with The Debt Counsellors, says: "Everyone knows of the term 'bankruptcy' but many are unaware of the details. So the Bankruptcy Report provides vital information for anyone who wants or needs to find out more."Porter adds: "Of course, the main message of the Report is that bankruptcy is best avoided, so there is information on how to do that by exploring the alternatives and getting professional advice on the problem."The Bankruptcy Report can be viewed at http://www.debtcounsellors.co.uk/reports/bankruptcy-report.htmlFor further debt advice and information on bankruptcy visit http://www.debtcounsellors.co.uk/.
OptinRealBig.com, LLC Announces Court Ordered Dismissal of Bankruptcy and Continued Record Breaking Sales and Profits in 2006
WESTMINSTER, CO (ContentDesk via ContentDesk Direct) April 5, 2006 -- OptinRealBig.com, LLC, an industry leader in online direct marketing today announced that the Federal Bankruptcy Court in Colorado entered an Order Dismissing the Bankruptcy of OptinRealBig.com, LLC and Scott Richter, and its continued record breaking sales and profits for the first quarter of 2006.Scott Richter, CEO of OptinRealBig.com, LLC ( Optin ) stated: Today, one year after we filed for bankruptcy, Optinrealbig.com has emerged from the bankruptcy process as a stronger, re-energized, and adaptable company that is prepared to compete with the best that the industry has to offer.
We have made changes to our organization which allows us to operate much more efficiently and fulfill our mission of our E3 Program (Exceeding Expectations Everyday).
Weve modified the way we do business that not only continues to comply with regulations, but far surpasses...
Bankruptcy > OptinRealBig.com, LLC Announces Court Ordered Dismissal of Bankruptcy and Continued Record Breaking Sales and Profits in 2006
Bankruptcy
The legal provision of bankruptcy, though sometimes misused, is a progressive and often merciful process. By it, a hopelessly indebted individual can make an official declaration of financial inability and be free of obligation. This may be on a temporary or permanent basis, depending on the degree of insolvency.
With new amendments in US laws, there is little or no social or corporate stigma attached to filing for bankruptcy. Filing for bankruptcy, though a matter of public record, no longer means that it becomes a matter of public knowledge.
Effectively, this is an incentive for the bankrupt party to make another attempt at financial solvency. An individual can file for bankruptcy under Chapter 7(for irreversible insolvency) or Chapter 13(for temporary insolvency).
The benefits of filing for bankruptcy include restoration of bank credit via a secured credit card. This requires a certain deposit to be made, but a new line of credit can be established...
Bankruptcy > Bankruptcy
Legal Helpers Opens New Bankruptcy Office to Help Baltimore Residents Find Debt Relief
Baltimore, MD (ContentDesk) March 13, 2006 -- Legal Helpers announces the opening of its new law office in Baltimore Maryland. The office, located at 400 East Pratt Street, Suite 800 serves the Baltimore, Greater Baltimore, Northern Maryland I-95 corridor, Annapolis and the Maryland Eastern Shore providing bankruptcy legal services. The new office supports the Legal Helpers Greenbelt office which serves the Greater Washington, DC Metro area, the Northern Maryland I-270 corridor, and the Western Maryland I-70 corridorAttorney Thomas J. Friedrich has been assigned managing attorney of the new office. Mr.
Friedrich who currently lives in Washington, DC with his wife was born in Worcester MA and grew up in Clinton, MA, graduating from the University of Massachusetts in Amherst, MA in 1995. Mr. Friedrich joined Macey & Aleman in July of 2005. I am extremely excited at the opportunity to bring the services of Macey and Aleman to our clients in the Greater Baltimore Area, said Mr....
Legal Helpers Opens New Bankruptcy Office to Help Baltimore Residents Find Debt Relief
Bankruptcy > Legal Helpers Opens New Bankruptcy Office to Help Baltimore Residents Find Debt Relief
Properly Managing Debt Allows Smart Consumers To Avoid Bankruptcy
Johnson City, TN (ContentDesk) March 16, 2006 -- Bankruptcy normally occurs when an individual has become overwhelmed with debt cannot pay their bills.
We usually think that a person has become poor when they are bankrupt however that is usually not the case.
Typically, they have become "overextended" meaning their monthly bills exceed their monthly income. Numerous steps can be taken to ensure you never have to declare bankruptcy.The first step to avoiding bankruptcy is staying on top of your credit score.
An excellent credit report has a credit score that is between 700 and 800 which is the where your credit score starts.
The average has a score of 650 and lower.
These low credit scores are what keep many people from getting approved for credit cards, mortgage loans and car loans.
Many credit bureaus offer credit monitoring services for a low monthly cost.
These subscription based products also protect against identity theft.
Bankruptcy > Properly Managing Debt Allows Smart Consumers To Avoid Bankruptcy
Bankruptcy
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