Establishing credit is essential after marriage if you want to build a healthy financial life as well as your marital life together. You need credit to obtain credit cards, joint bank accounts, mortgage loans, car loans, etc. Thus, it is a good idea to give the first steps from the beginning so as to start building your credit right away and make good use of it whenever you need it.
Following are some tips on how to start establishing a good credit history. There is no particular order that you need to follow. However, we strongly suggest that you try to find out about your current credit situation. First of all, obtain a free copy of your credit report to see if you already have some credit history and you didn't know it.
Getting A Free Credit Report
As stated above, you need to obtain a free copy of your credit report. Why free? Because there is no reason for you to pay for information that third parties have about yourself. Regulations have recognized this and force credit bureaus to provide you with a copy of your credit report free of charge at least once a year. On some states the timeframe is even shorter and you can obtain a free copy twice a year or even more often.
In order to do so, you can contact each credit bureau directly or resort to one of the many online sites offering access to your credit report for free. These sites also offer many different services (credit related) that you may find useful. These services include: monitoring services, credit repair services, financial and legal advice, etc.
Secured Financing
Sometimes it is hard to get financing when you have no credit at all. However, it is possible to do so by offering some asset as collateral. A good idea is to use your car as collateral if you own it. There are many lenders out there that will be willing to accept a car as collateral to secure a loan. That will guarantee you both approval and advantageous terms on your loan.
An alternative for establishing credit is to apply for a secure credit card. A secure credit card will provide you with the same benefits as an unsecured credit card with the sole difference that you'll have to make a cash deposit that will act as your credit limit. Up to that amount you'll be able to use your credit card without problems. The regular payments of your credit card balance will be recorded into your credit report and consequently build a clean and positive credit history for you.
Mortgage Financing: Down Payments and Co-signing
The key to get a good credit report from scratch is to obtain a mortgage loan and keep your payments timely. To obtain a mortgage loan without credit, you can offer a high down payment that will show the lender your ability to save and thus, your ability to repay your debt. Alternatively (or jointly) you can get the aid of a co-signer with a good credit score. The co-signer will also be obliged to repay the loan in case you fail to meet the monthly payments. Thus, the lender won't have problems when it comes to approving your loan. And the monthly payments of your home loan will greatly contribute to establishing a clean and financially healthy credit report.
Saturday, September 29, 2012
Thursday, September 27, 2012
Different Types Of Futures Traders -- Hedgers
In Trading Futures, there are actually 4 types of futures traders active in the Futures Market. Each of these brings liquidity to the Market place needed for smaller investors to make a profit. You will see these 4 types of traders active at the largest US futures exchanges, the Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange (NYMEX). If you are a futures trader, chances are, you will be one of the following...Hedgers, Speculators, Arbitrageurs and Spreaders. In this article we'll start with the first, hedgers.
What is a Hedger? Hedgers primarily deal with the commodities side of Futures Trading. You can be either a buyer or seller of Futures contracts and still be a Hedger. The whole idea behind hedging is to mitigate risk. There are those who buy Futures, for example, manufacturers who buy commodities or airlines who buy gas.
Lets look at a prime example of hedging Futures.
Take a bread manufacturer. When a bread manufacturer knows that he will be making a purchase in the future for wheat, he takes a long position (buys) futures contracts to hedge his position. Say the bread manufacturer wants to sell 1,000 loaves of bread weekly. He knows how much wheat he needs over the next year. He knows the current market price of wheat and wants to mitigate his risk, or hedge, so he works out a futures contract with a wheat grower to buy so many bushels of wheat at the current market price to be delivered over the next year. That way, should the price of wheat go up at any time, he has covered his bases by locking in his price ahead of time. What would happen if there were a tornado, or a flood and wheat became scarce, the price would skyrocket. So this way he controls the price of wheat and knows exactly what price to sell his loaves of bread for in order to make a profit.
Lets look at the other side for a moment. We know why someone would buy futures contracts to mitigate risk. Why would someone take the other side and sell the contracts?
If a farmer knows that he will be selling his wheat at harvest time, he would take a short position (sell) futures contracts to mitigate his risk. He knows what the current market price is. If he arranges a contract at the current price for a future delivery (namely after harvest), he is guaranteed the current price. Say that come harvest time, the price drops because there is an abundance of wheat. By arranging the price ahead of time, he has already locked in his sale. He knows how many bushels he will reap, what his profit is, etc.
There are a multitude of contracts that can be hedged. Certainly the commodities, wheat, rice, corn, soy, etc. There is also silver and gold. A dental lab, for instance, buys a futures contract in silver and gold, knowing they use the product for fillings. Airlines buy gasoline / diesel futures contracts years in advance for future delivery when the price of crude is low. Name any commodity and you will find hedgers ready to buy and sell well in advance of their delivery date.
Understand, there is risk attached for both buyers and sellers in any futures deal. Buyers risk that although they negotiate at the current price, by the time delivery occurs, the price could be much lower and they could have bought the commodities for cheaper. Sellers risk that although they negotiate at the current price, by the time delivery comes, the price could be much higher and they could have sold the commodities for greater profit. Futures trading is all about woulda coulda shoulda, the fish that got away. You may never get the highest price nor the lowest price. So long as you make a profit, that's all that really matters.
What is a Hedger? Hedgers primarily deal with the commodities side of Futures Trading. You can be either a buyer or seller of Futures contracts and still be a Hedger. The whole idea behind hedging is to mitigate risk. There are those who buy Futures, for example, manufacturers who buy commodities or airlines who buy gas.
Lets look at a prime example of hedging Futures.
Take a bread manufacturer. When a bread manufacturer knows that he will be making a purchase in the future for wheat, he takes a long position (buys) futures contracts to hedge his position. Say the bread manufacturer wants to sell 1,000 loaves of bread weekly. He knows how much wheat he needs over the next year. He knows the current market price of wheat and wants to mitigate his risk, or hedge, so he works out a futures contract with a wheat grower to buy so many bushels of wheat at the current market price to be delivered over the next year. That way, should the price of wheat go up at any time, he has covered his bases by locking in his price ahead of time. What would happen if there were a tornado, or a flood and wheat became scarce, the price would skyrocket. So this way he controls the price of wheat and knows exactly what price to sell his loaves of bread for in order to make a profit.
Lets look at the other side for a moment. We know why someone would buy futures contracts to mitigate risk. Why would someone take the other side and sell the contracts?
If a farmer knows that he will be selling his wheat at harvest time, he would take a short position (sell) futures contracts to mitigate his risk. He knows what the current market price is. If he arranges a contract at the current price for a future delivery (namely after harvest), he is guaranteed the current price. Say that come harvest time, the price drops because there is an abundance of wheat. By arranging the price ahead of time, he has already locked in his sale. He knows how many bushels he will reap, what his profit is, etc.
There are a multitude of contracts that can be hedged. Certainly the commodities, wheat, rice, corn, soy, etc. There is also silver and gold. A dental lab, for instance, buys a futures contract in silver and gold, knowing they use the product for fillings. Airlines buy gasoline / diesel futures contracts years in advance for future delivery when the price of crude is low. Name any commodity and you will find hedgers ready to buy and sell well in advance of their delivery date.
Understand, there is risk attached for both buyers and sellers in any futures deal. Buyers risk that although they negotiate at the current price, by the time delivery occurs, the price could be much lower and they could have bought the commodities for cheaper. Sellers risk that although they negotiate at the current price, by the time delivery comes, the price could be much higher and they could have sold the commodities for greater profit. Futures trading is all about woulda coulda shoulda, the fish that got away. You may never get the highest price nor the lowest price. So long as you make a profit, that's all that really matters.
Saturday, September 22, 2012
Essential Information For Equipment Leasing And Finance
Are you planning for to get equipment finance for your business?This article presents essential information for businesses that plan to apply for equipment lease financing. Read carefully, follow the details given below and avoid unnecessary complications.
Equipment Leasing is opposed to straight financing. It is an alternative financing method to acquire needed business equipment. In real essence, you only pay for the depreciation of the equipment over a given time frame. At the end of the lease you either purchase the depreciated asset or trade it for a new lease and new equipment. It allows a company to hold on to valuable cash capital and use the profits the equipment generates to pay for itself over time with added tax advantages.
What is a typical business mind-set? It will always say that equipment leasing is for companies that are short of capital. However, research would indicate that even the largest of companies use leasing finance to guarantee fixed costs and access essential equipment. Along with this you also get either corporate or personal guarantees. A corporate guarantee means that if the lease goes into default, the leasing company can take possession of the equipment and liquidate it to settle the lease balance. A personal guarantee is identical to a corporate guarantee except a person's property may be used to satisfy the lease balance.
With regard to leasing payments and purchase, the monthly payments are lower. At the end of the lease term, a single payment is due that equals several months of combined payments. On the other hand, a lease purchase is financing the equipment by any other name. It allows the business to deduct the lease payments from taxes as a business expense. Also equipment depreciation can be used as a tax deduction.
In many cases it may possible to lease any type of equipment without the need for a deposit or extra security. Few of the benefits that you will be enjoying with equipment finance is that no funding is required, payment terms will be flexible and transaction speed is great,most popular being is cost.
Equipment Leasing is opposed to straight financing. It is an alternative financing method to acquire needed business equipment. In real essence, you only pay for the depreciation of the equipment over a given time frame. At the end of the lease you either purchase the depreciated asset or trade it for a new lease and new equipment. It allows a company to hold on to valuable cash capital and use the profits the equipment generates to pay for itself over time with added tax advantages.
What is a typical business mind-set? It will always say that equipment leasing is for companies that are short of capital. However, research would indicate that even the largest of companies use leasing finance to guarantee fixed costs and access essential equipment. Along with this you also get either corporate or personal guarantees. A corporate guarantee means that if the lease goes into default, the leasing company can take possession of the equipment and liquidate it to settle the lease balance. A personal guarantee is identical to a corporate guarantee except a person's property may be used to satisfy the lease balance.
With regard to leasing payments and purchase, the monthly payments are lower. At the end of the lease term, a single payment is due that equals several months of combined payments. On the other hand, a lease purchase is financing the equipment by any other name. It allows the business to deduct the lease payments from taxes as a business expense. Also equipment depreciation can be used as a tax deduction.
In many cases it may possible to lease any type of equipment without the need for a deposit or extra security. Few of the benefits that you will be enjoying with equipment finance is that no funding is required, payment terms will be flexible and transaction speed is great,most popular being is cost.
Thursday, September 20, 2012
Service Tax On Equipment Leasing And Hire-purchase
Surender Kumar Jain
This article makes a comprehensive analysis of the decision of the High Court in Kerala Non-banking Finance Companies Welfare Association v. Union of India [2009] 20 STT 1, wherein a recent issue as to : whether charging of service tax on banking and other financial services which include equipment leasing and hire-purchase, is unconstitutional, has been considered.
1-Vide section 137 of the Finance Act, 2001 service tax is introduced on Banking and other financial services' which include equipment leasing and hire-purchase'. The impugned provisions providing for service tax on Equipment leasing and hire-purchase transactions' are introduced by amending the Finance Act, 1994. The relevant definition of Banking and other financial services' is contained in clause (12) of section 65 of the Finance Act, 1994. Along with the introduction of the definition of Banking and other financial services', the charging section, namely, section 66 of the Finance Act, 1994 is also amended to cover tax on value of taxable services referred to in sub-clause (zm) of section 65(105). The question as to whether charging of service tax on Banking and other financial services', which include equipment leasing and hire-purchase, is unconstitutional, arose for consideration of the Kerala High Court in the case of Kerala Non-Banking Finance Companies Welfare Association v. Union of India [2009] 20 STT 1.
2 - The petitioner No. 1, an association of non-banking financial companies, which was covered under the definition of Banking and other financial services', and its two members, viz., petitioner Nos. 2 and 3 had filed a writ petition challenging the constitutional validity of the impugned provisions of section 137.
3 - These are discussed as under :
(a)- The Parliament has no authority to legislate on hire-purchase and leasing transactions which are subjects left for levy of sales tax by the States under entry 54 of List II of the Seventh Schedule to the Constitution of India.
(b)- After the 46th Amendment to the Constitution introducing clauses (29A)(c) and (d) to article 366, States are authorised to provide for sales tax among other things on hire-purchase and leasing transactions.
(c)- As a follow-up measure, all the States including the State of Kerala introduced provisions in the respective Sales Tax Acts authorising levy of sales tax on hire-purchase and leasing transactions.
(d)- Impugned provisions for levy of service tax on hire-purchase and leasing transactions are discriminatory and violative of articles 14 and 19(1)(g) of the Constitution.
4 - These are as follows :
(a)- Even though service tax is payable on the value of taxable service pertaining to leasing and hire-purchase transactions, the Government of India had vide Notification No. 4/2006-ST, dated March 1, 2006 granted exemption on 90 per cent representing interest income earned by the service provider.
(b)- The Supreme Court had upheld the legislative competence of the Parliament to levy service tax under the residuary entry 97 to List I of the Seventh Schedule in the decisions in Tamil Nadu Kalyana Mandapam Association v. Union of India [2006] 4 STT 308, C.K. Jidheesh v. Union of India [2005] 2 STT 242 and Gujarat Ambuja Cements Ltd. v. Union of India [2005] 1 STT 41 and thereafter, through constitutional amendments entry 92C to List I of the Seventh Schedule and article 268A are introduced expressly giving authority to the Parliament to legislate on service tax.
(c)- The validity of legislation and the grievances of the petitioners should be considered with reference to the aforesaid Notification No. 4/2006-ST, dated March 1, 2006, by which rigour of the levy was neutralized by granting exemption on 90 per cent of the charges received in the hire-purchase and leasing transactions, thereby completely excluding interest on loans from service tax.
5 - It is well-settled that the Constitution by virtue of the provisions contained in article 366(29A) authorises, levy of sales tax on hire-purchase transactions and on leasing of goods and based on the same there is State legislation authorising it.
6 - The legislation applies to all engaged in banking and other financial services and is not confined to members of the first petitioner. In fact, banking companies in the public Sector are also liable to pay service tax on financial leasing service including equipment leasing and hire-purchase . Since the petitioners had not established the parties engaged in the same business who were left out and how they were discriminated, the contention was to be rejected. Similarly provisions of service tax do not take away or create any unreasonable restriction on the fundamental rights of the members of the first petitioner including petitioner Nos. 2 and 3 to carry on business. Therefore, the allegation of violation of article 19(1)(g) also, did not merit consideration.
7 -There is no conflict between the levy of sales tax on the sale or deemed sale of vehicle under the hire-purchase agreement and the service tax payable on services rendered by the financier under the hire-purchase agreement. The provisions contained in article 366(29A) of the Constitution authorising levy of sales tax on the supply of goods under the hire-purchase agreement does not stand in the way of the Parliament levying service tax on taxable service charges received in respect of hire-purchase transactions by the financiers.
It is obvious that levy of sales tax is possible on sale of goods involved in the transactions while service tax can be levied on the service charges received in the transactions. Further, the provisions pertaining to levy of service tax on hire-purchase or lease transactions are not in any way different from the service tax authorised for the large number of transactions under the Finance Act, 1994, the constitutional validity of which is upheld by the Supreme Court. Since incidence of service tax is not on sale of goods or deemed sale of goods pertaining to leasing and hire-purchase transactions covered by clauses (c) and (d) of article 366(29A), the Parliament has authority to authorise levy of service tax on banking and other financial services including equipment leasing and hire-purchase.
This article makes a comprehensive analysis of the decision of the High Court in Kerala Non-banking Finance Companies Welfare Association v. Union of India [2009] 20 STT 1, wherein a recent issue as to : whether charging of service tax on banking and other financial services which include equipment leasing and hire-purchase, is unconstitutional, has been considered.
1-Vide section 137 of the Finance Act, 2001 service tax is introduced on Banking and other financial services' which include equipment leasing and hire-purchase'. The impugned provisions providing for service tax on Equipment leasing and hire-purchase transactions' are introduced by amending the Finance Act, 1994. The relevant definition of Banking and other financial services' is contained in clause (12) of section 65 of the Finance Act, 1994. Along with the introduction of the definition of Banking and other financial services', the charging section, namely, section 66 of the Finance Act, 1994 is also amended to cover tax on value of taxable services referred to in sub-clause (zm) of section 65(105). The question as to whether charging of service tax on Banking and other financial services', which include equipment leasing and hire-purchase, is unconstitutional, arose for consideration of the Kerala High Court in the case of Kerala Non-Banking Finance Companies Welfare Association v. Union of India [2009] 20 STT 1.
2 - The petitioner No. 1, an association of non-banking financial companies, which was covered under the definition of Banking and other financial services', and its two members, viz., petitioner Nos. 2 and 3 had filed a writ petition challenging the constitutional validity of the impugned provisions of section 137.
3 - These are discussed as under :
(a)- The Parliament has no authority to legislate on hire-purchase and leasing transactions which are subjects left for levy of sales tax by the States under entry 54 of List II of the Seventh Schedule to the Constitution of India.
(b)- After the 46th Amendment to the Constitution introducing clauses (29A)(c) and (d) to article 366, States are authorised to provide for sales tax among other things on hire-purchase and leasing transactions.
(c)- As a follow-up measure, all the States including the State of Kerala introduced provisions in the respective Sales Tax Acts authorising levy of sales tax on hire-purchase and leasing transactions.
(d)- Impugned provisions for levy of service tax on hire-purchase and leasing transactions are discriminatory and violative of articles 14 and 19(1)(g) of the Constitution.
4 - These are as follows :
(a)- Even though service tax is payable on the value of taxable service pertaining to leasing and hire-purchase transactions, the Government of India had vide Notification No. 4/2006-ST, dated March 1, 2006 granted exemption on 90 per cent representing interest income earned by the service provider.
(b)- The Supreme Court had upheld the legislative competence of the Parliament to levy service tax under the residuary entry 97 to List I of the Seventh Schedule in the decisions in Tamil Nadu Kalyana Mandapam Association v. Union of India [2006] 4 STT 308, C.K. Jidheesh v. Union of India [2005] 2 STT 242 and Gujarat Ambuja Cements Ltd. v. Union of India [2005] 1 STT 41 and thereafter, through constitutional amendments entry 92C to List I of the Seventh Schedule and article 268A are introduced expressly giving authority to the Parliament to legislate on service tax.
(c)- The validity of legislation and the grievances of the petitioners should be considered with reference to the aforesaid Notification No. 4/2006-ST, dated March 1, 2006, by which rigour of the levy was neutralized by granting exemption on 90 per cent of the charges received in the hire-purchase and leasing transactions, thereby completely excluding interest on loans from service tax.
5 - It is well-settled that the Constitution by virtue of the provisions contained in article 366(29A) authorises, levy of sales tax on hire-purchase transactions and on leasing of goods and based on the same there is State legislation authorising it.
6 - The legislation applies to all engaged in banking and other financial services and is not confined to members of the first petitioner. In fact, banking companies in the public Sector are also liable to pay service tax on financial leasing service including equipment leasing and hire-purchase . Since the petitioners had not established the parties engaged in the same business who were left out and how they were discriminated, the contention was to be rejected. Similarly provisions of service tax do not take away or create any unreasonable restriction on the fundamental rights of the members of the first petitioner including petitioner Nos. 2 and 3 to carry on business. Therefore, the allegation of violation of article 19(1)(g) also, did not merit consideration.
7 -There is no conflict between the levy of sales tax on the sale or deemed sale of vehicle under the hire-purchase agreement and the service tax payable on services rendered by the financier under the hire-purchase agreement. The provisions contained in article 366(29A) of the Constitution authorising levy of sales tax on the supply of goods under the hire-purchase agreement does not stand in the way of the Parliament levying service tax on taxable service charges received in respect of hire-purchase transactions by the financiers.
It is obvious that levy of sales tax is possible on sale of goods involved in the transactions while service tax can be levied on the service charges received in the transactions. Further, the provisions pertaining to levy of service tax on hire-purchase or lease transactions are not in any way different from the service tax authorised for the large number of transactions under the Finance Act, 1994, the constitutional validity of which is upheld by the Supreme Court. Since incidence of service tax is not on sale of goods or deemed sale of goods pertaining to leasing and hire-purchase transactions covered by clauses (c) and (d) of article 366(29A), the Parliament has authority to authorise levy of service tax on banking and other financial services including equipment leasing and hire-purchase.
Friday, September 14, 2012
The Primary Goal of Washington State Chapter 13 Bankruptcy
The primary goal of a Chapter 13 bankruptcy is to consolidate your debts and set up a manageable monthly payment. The plan is developed by undertaking an in-depth analysis of your current income, your current monthly expenditures, and your current debts. Chapter 13 bankruptcies are also often referred to as a "debt consolidation", or the "wage earners plan".
A Washington Chapter 13 bankruptcy plan is specifically designed to allow you to stop foreclosures and repossessions while allowing you to make up the back payments in a 36 to 60 month plan. In a Chapter 13, we can also consolidate other bills, such as your car payment, whereby you only pay the value of the car, and not the loan balance. Other debt that can be consolidated includes tax debts, student loans, and child support or alimony arrears.
A Plan for People Who Earn A Good Income but Simply Cannot Keep up with their Mortgage Payments?
In today's economy, many people find themselves in an extremely precarious financial state. Many people earn a good living. But they are barely living month to month while falling increasingly behind on their monthly bills. If, despite your good job or higher than average income, you are still drowning in debt and see no way out, then a Washington Chapter 13 may be your best option to make a financial recovery. A Washington State Chapter 13 bankruptcy may also allow you to keep your house and car in spite of being unable to meet your current monthly mortgage or car loan payments.
The process of filing a Chapter 13 bankruptcy is considerably more complex than a Chapter 7 here in Washington State. In addition to the voluntary petition and related documents, filing a Chapter 13 also requires submission of a specific repayment plan that presents a feasible and plausible payment schedule. This repayment plan must specifically detail how you intend to make your monthly payments to the Trustee. In addition to the 341 meeting of creditors, you will also be required to attend another mandatory hearing, which is called a "confirmation hearing".
At your confirmation hearing, your case goes before a bankruptcy Judge for final review and approval. Typically, it is not necessary for you to attend the confirmation hearing. We are able to simply appear on your behalf. Prior to the confirmation hearing, it is not uncommon for creditors to file objections to your plan if they have issues or concerns with your proposed repayment plan. In a number of cases, this requires that we respond to their specific objections on your behalf.
In nearly all cases, however, we are able to get your plan confirmed by the Judge at the initial confirmation hearing if you are current with your Chapter 13 payments to the Trustee, any amendments requested by the Trustee have been filed, and any objections filed by your creditors have been properly addressed and resolved.
Once your plan has been confirmed, all you have to do is make all your monthly payments under the proposed Chapter 13 repayment plan, and you will receive your discharge. There are frequently a number of motions filed by creditors, the Trustee, and by us as attorney, during a Chapter 13 case. Chapter 13 bankruptcies are quite complex and it is highly recommended that you not attempt to proceed without an experienced Washington State bankruptcy attorney.
Reduce or Eliminate Interest on Consumer Debt
Unfortunately, certain kinds of debt simply cannot be eliminated through a Washington State Chapter 13 bankruptcy. These include child support, student loans and most income taxes. Once you consumer debt is under control, however, and your outstanding interest is lowered or eliminated, many people find that a Chapter 13 repayment plan is reasonable and feasible.
A Washington Chapter 13 bankruptcy plan is specifically designed to allow you to stop foreclosures and repossessions while allowing you to make up the back payments in a 36 to 60 month plan. In a Chapter 13, we can also consolidate other bills, such as your car payment, whereby you only pay the value of the car, and not the loan balance. Other debt that can be consolidated includes tax debts, student loans, and child support or alimony arrears.
A Plan for People Who Earn A Good Income but Simply Cannot Keep up with their Mortgage Payments?
In today's economy, many people find themselves in an extremely precarious financial state. Many people earn a good living. But they are barely living month to month while falling increasingly behind on their monthly bills. If, despite your good job or higher than average income, you are still drowning in debt and see no way out, then a Washington Chapter 13 may be your best option to make a financial recovery. A Washington State Chapter 13 bankruptcy may also allow you to keep your house and car in spite of being unable to meet your current monthly mortgage or car loan payments.
The process of filing a Chapter 13 bankruptcy is considerably more complex than a Chapter 7 here in Washington State. In addition to the voluntary petition and related documents, filing a Chapter 13 also requires submission of a specific repayment plan that presents a feasible and plausible payment schedule. This repayment plan must specifically detail how you intend to make your monthly payments to the Trustee. In addition to the 341 meeting of creditors, you will also be required to attend another mandatory hearing, which is called a "confirmation hearing".
At your confirmation hearing, your case goes before a bankruptcy Judge for final review and approval. Typically, it is not necessary for you to attend the confirmation hearing. We are able to simply appear on your behalf. Prior to the confirmation hearing, it is not uncommon for creditors to file objections to your plan if they have issues or concerns with your proposed repayment plan. In a number of cases, this requires that we respond to their specific objections on your behalf.
In nearly all cases, however, we are able to get your plan confirmed by the Judge at the initial confirmation hearing if you are current with your Chapter 13 payments to the Trustee, any amendments requested by the Trustee have been filed, and any objections filed by your creditors have been properly addressed and resolved.
Once your plan has been confirmed, all you have to do is make all your monthly payments under the proposed Chapter 13 repayment plan, and you will receive your discharge. There are frequently a number of motions filed by creditors, the Trustee, and by us as attorney, during a Chapter 13 case. Chapter 13 bankruptcies are quite complex and it is highly recommended that you not attempt to proceed without an experienced Washington State bankruptcy attorney.
Reduce or Eliminate Interest on Consumer Debt
Unfortunately, certain kinds of debt simply cannot be eliminated through a Washington State Chapter 13 bankruptcy. These include child support, student loans and most income taxes. Once you consumer debt is under control, however, and your outstanding interest is lowered or eliminated, many people find that a Chapter 13 repayment plan is reasonable and feasible.
Wednesday, September 12, 2012
Quick Payout Loans- Advance Your Payday Whenever You Need It
During any short term financial disparities it becomes extremely important to have enough cash in hand. There are different expenditures in life that cannot be delayed. Thus, to get relief from cash shortage problem you can at any time apply for quick payout loans. These loans will enable you to get enough cash assistance within hours of applying. Any unexpected expense can be easily dealt with on time with the help of these loans. Also, the application as well as approval process of these loans is quite effortless and easy. This makes these loans hugely popular among the applicants.
Since quick payout loans fall under the category of short term unsecured loans, there is no need of pledging any collateral when you apply for these loans. These loans has been mainly tailored to help you handle any short term emergency in a trouble free way. To ensure that you find these loans fast lenders has eliminated the hassle of documentation and credit checking procedure. Such feature of these loans will help you get the cash you need quickly within hours of applying.
However, to qualify for instant payout loans you will need to meet some simple preconditions. For that you may be an adult with minimum age of 18 years and be a citizen of UK. Besides, you must be doing a regular job and earn at least 1000 per month. Furthermore, you must have an active bank account that should accept direct deposit. This is necessary as lenders will wire the approved cash directly into your account upon approval.
Any UK borrower who can meet these simple pre-conditions can get an amount ranging from 100 to 1,500. Short duration of 14 to 31 days will be provided to you to repay the borrowed money. Being unsecured in nature may make you pay a bit higher interest rates. However, proper research and comparison of the various loan deals will help you get the best loan deal with flexible terms that best suit your needs.
So whenever you are in need of quick cash help then apply for quick payout loans without a second thought!
Since quick payout loans fall under the category of short term unsecured loans, there is no need of pledging any collateral when you apply for these loans. These loans has been mainly tailored to help you handle any short term emergency in a trouble free way. To ensure that you find these loans fast lenders has eliminated the hassle of documentation and credit checking procedure. Such feature of these loans will help you get the cash you need quickly within hours of applying.
However, to qualify for instant payout loans you will need to meet some simple preconditions. For that you may be an adult with minimum age of 18 years and be a citizen of UK. Besides, you must be doing a regular job and earn at least 1000 per month. Furthermore, you must have an active bank account that should accept direct deposit. This is necessary as lenders will wire the approved cash directly into your account upon approval.
Any UK borrower who can meet these simple pre-conditions can get an amount ranging from 100 to 1,500. Short duration of 14 to 31 days will be provided to you to repay the borrowed money. Being unsecured in nature may make you pay a bit higher interest rates. However, proper research and comparison of the various loan deals will help you get the best loan deal with flexible terms that best suit your needs.
So whenever you are in need of quick cash help then apply for quick payout loans without a second thought!
Monday, September 10, 2012
Dog Ninja Review-become A Successful Real Estate Investor By Mark Evans
Well it's going to be an issue of excellent news and not so good news, based on which argument of the fence you stand: buyer or seller.
If you're a seller, I expect that prices within the Phoenix metropolitan area will remain flat, with a possibility of some areas losing another 10% in value. The reason being we are not completed with distressed properties. In fact, Bank of America's recent moratorium on foreclosures, since expired, only served to kick that may in the future. Add the fact that the state of Arizona is suing them, and you can deduce that 2011 may also be a rocky year.
At this time I have to add, and that i have said this before, that the banks will also be their own worst enemy. Their languid responses to short sales, (anywhere from two to 12 months) is costing sales and delaying the possibility of a return to some normal market; whatever which will mean in the future. Their utter disdain for the conventions and customs from the real estate market is definitely not winning them any friends one of the ranks of real estate professionals. So, keep offering insulting commission rates for which are arguably more difficult transactions and find out the caliber of agent you will attract. Keep insisting that potential buyers MUST pre-qualify together with your Aunt's second cousin at Billy-Bob's Ammo, Pizza and Mortgage Emporium. Let me know the way it all calculates for you personally. Many real estate pros have long memories so that your future won't be bright.
I believe the main problem using the banks, because of their corporate culture, is that some of the people tasked to approve a brief sale possess the stones to actually sign off on that loss. Too often they are scrambling for excuses to kick it upstairs, or off to another lackey, so as to avoid responsibility for just about any decision-making. This further exacerbates the issue.
On the positive side, it will not be a poor year for buyers, price-wise a minimum of. For individuals who saw prices sky-rocket in '05 and '06 and who thought that the imagine home-ownership passed away for ever, the reprieve continues to be extended. It will likely be a demanding and perhaps fraught experience due to the above-mentioned reasons, and the cautiousness, understandably, of the appraisal community. However, for all those buyers with a steady job and a a good credit score score you will see some good deals to be had.
Here's hoping that everyone enjoys a contented, prosperous and more importantly, a healthy 2011.
Now, let's discuss about Dog Ninja created by Mark Evans and just how it may assist you. I hope this short Dog Ninja Review will assist you to differentiate whether Dog Ninja is Scam or perhaps a Real Deal.
DogNinja Product is just like having countless virtual assistants working night and day free of charge - which system works best for both commercial and residential real estate. Let's say, you place just two deals together from leads generated with this system and also you make ,000 on each deal without risking all of your own money. Which means you don't use any credit, you don't pay to visit begin to see the property, you're just sitting in your own home doing the deals. In order to spend time at just a little caf or about the beach in the center of a special afternoon, while most people are at the office, understanding that your DogNinja site is cranking out profits effortlessly what might be much better than that? What exactly Have you been awaiting? Give your investing business the jumpstart it must surpass your wildest earnings goals.
If you're a seller, I expect that prices within the Phoenix metropolitan area will remain flat, with a possibility of some areas losing another 10% in value. The reason being we are not completed with distressed properties. In fact, Bank of America's recent moratorium on foreclosures, since expired, only served to kick that may in the future. Add the fact that the state of Arizona is suing them, and you can deduce that 2011 may also be a rocky year.
At this time I have to add, and that i have said this before, that the banks will also be their own worst enemy. Their languid responses to short sales, (anywhere from two to 12 months) is costing sales and delaying the possibility of a return to some normal market; whatever which will mean in the future. Their utter disdain for the conventions and customs from the real estate market is definitely not winning them any friends one of the ranks of real estate professionals. So, keep offering insulting commission rates for which are arguably more difficult transactions and find out the caliber of agent you will attract. Keep insisting that potential buyers MUST pre-qualify together with your Aunt's second cousin at Billy-Bob's Ammo, Pizza and Mortgage Emporium. Let me know the way it all calculates for you personally. Many real estate pros have long memories so that your future won't be bright.
I believe the main problem using the banks, because of their corporate culture, is that some of the people tasked to approve a brief sale possess the stones to actually sign off on that loss. Too often they are scrambling for excuses to kick it upstairs, or off to another lackey, so as to avoid responsibility for just about any decision-making. This further exacerbates the issue.
On the positive side, it will not be a poor year for buyers, price-wise a minimum of. For individuals who saw prices sky-rocket in '05 and '06 and who thought that the imagine home-ownership passed away for ever, the reprieve continues to be extended. It will likely be a demanding and perhaps fraught experience due to the above-mentioned reasons, and the cautiousness, understandably, of the appraisal community. However, for all those buyers with a steady job and a a good credit score score you will see some good deals to be had.
Here's hoping that everyone enjoys a contented, prosperous and more importantly, a healthy 2011.
Now, let's discuss about Dog Ninja created by Mark Evans and just how it may assist you. I hope this short Dog Ninja Review will assist you to differentiate whether Dog Ninja is Scam or perhaps a Real Deal.
DogNinja Product is just like having countless virtual assistants working night and day free of charge - which system works best for both commercial and residential real estate. Let's say, you place just two deals together from leads generated with this system and also you make ,000 on each deal without risking all of your own money. Which means you don't use any credit, you don't pay to visit begin to see the property, you're just sitting in your own home doing the deals. In order to spend time at just a little caf or about the beach in the center of a special afternoon, while most people are at the office, understanding that your DogNinja site is cranking out profits effortlessly what might be much better than that? What exactly Have you been awaiting? Give your investing business the jumpstart it must surpass your wildest earnings goals.
Saturday, September 8, 2012
The Basic Style of the Nurse Uniform Has Remained the Same Despite Minor Changes
The basic style of clothing worn by nurses around the world is the same. It is recognizable regardless of the few variants that are introduced in different institutions. Traditionally, a nurse uniform comprises a dress, apron and cap. The main purpose of the attire is for identification and hygienic reasons.
In the early days, nuns were the people who cared for the sick and injured. For this reason, the uniform worn by nurses initially looked a lot like a nun's habit. The natural progression was for trained nurses to dress in a similar fashion to the nuns.
A student at Florence Nightingale's school of nursing designed one of the early nurses' uniforms. By the 1940s minor changes had been introduced to this attire. The dominant color was blue. It was in order for individual hospitals to design the apparel worn by their nurses. The cap in particular appeared in many different styles. The National Health Service came into being in Britain in 1948 and at this time, the national uniform for British nurses was introduced.
Over time changes continued to appear. In the 1960s the neck line was opened. When the 1970s came along, the cotton caps were replaced with disposable paper ones. Around the 1980s the traditional aprons were replaced by plastic ones. In the 1990s scrubs appeared in America and soon gained in popularity in Britain. Many British nurses as well as those in other countries prefer to wear dresses.
The nurse's outfit of the past included a dress, pinafore apron and nurse's cap. Student nurses in some hospitals wore a nursing pin as well. A cobbler style apron replaced the pinafore apron in certain countries or institutions. This style of dress is still worn in many countries.
Some countries have introduced changes to the traditional apparel for nurses especially since the late 1980s. UK nurses are seen in tunic style tops with dark blue trousers. The color indicates the grade of the nurse. The designs are the best possible for prevention of cross infection. Piping around the edges is a common feature. Dresses are sometimes the same color as the tops. Male nurses wear white tunics with epaulets in specific colors to depict their grades.
Nurses are required to wear red jackets when they are outdoors. They are not allowed to wear their uniforms without the jacket when they are outside the place of work. This may be deemed a punishable offence.
Scrubs and tunics are more popular in Western Europe and North America. Third world countries prefer the traditional uniforms. The "scrub dress" worn in operating rooms is a simpler style.
Since the early 1990s some countries have replaced the traditional apparel with the scrub dress. Hospitals in the USA and Europe claim that the scrub dress is easier to clean when compared to the traditional outfits. Many countries still opt for the white uniform dress and cap for their nurses. The dental surgeon style tunic with a collar or v-neck is the most popular male nurse uniform.
In the early days, nuns were the people who cared for the sick and injured. For this reason, the uniform worn by nurses initially looked a lot like a nun's habit. The natural progression was for trained nurses to dress in a similar fashion to the nuns.
A student at Florence Nightingale's school of nursing designed one of the early nurses' uniforms. By the 1940s minor changes had been introduced to this attire. The dominant color was blue. It was in order for individual hospitals to design the apparel worn by their nurses. The cap in particular appeared in many different styles. The National Health Service came into being in Britain in 1948 and at this time, the national uniform for British nurses was introduced.
Over time changes continued to appear. In the 1960s the neck line was opened. When the 1970s came along, the cotton caps were replaced with disposable paper ones. Around the 1980s the traditional aprons were replaced by plastic ones. In the 1990s scrubs appeared in America and soon gained in popularity in Britain. Many British nurses as well as those in other countries prefer to wear dresses.
The nurse's outfit of the past included a dress, pinafore apron and nurse's cap. Student nurses in some hospitals wore a nursing pin as well. A cobbler style apron replaced the pinafore apron in certain countries or institutions. This style of dress is still worn in many countries.
Some countries have introduced changes to the traditional apparel for nurses especially since the late 1980s. UK nurses are seen in tunic style tops with dark blue trousers. The color indicates the grade of the nurse. The designs are the best possible for prevention of cross infection. Piping around the edges is a common feature. Dresses are sometimes the same color as the tops. Male nurses wear white tunics with epaulets in specific colors to depict their grades.
Nurses are required to wear red jackets when they are outdoors. They are not allowed to wear their uniforms without the jacket when they are outside the place of work. This may be deemed a punishable offence.
Scrubs and tunics are more popular in Western Europe and North America. Third world countries prefer the traditional uniforms. The "scrub dress" worn in operating rooms is a simpler style.
Since the early 1990s some countries have replaced the traditional apparel with the scrub dress. Hospitals in the USA and Europe claim that the scrub dress is easier to clean when compared to the traditional outfits. Many countries still opt for the white uniform dress and cap for their nurses. The dental surgeon style tunic with a collar or v-neck is the most popular male nurse uniform.
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