Articles, tagged with "secured creditors", page 4
07th May 2009
If you have just been cleared from bankruptcy and you wish to continue acquiring assets, services and other goods on credit, you will need to avoid the pitfalls that led you into bankruptcy in the first place. You should start with credit cards that are s...
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Author:
Peter Gitundu
16th April 2009
London, UK 10th April, UK Financials Ltd comes up with IVA for People with Financial Trouble - Saving You from Filing for Bankruptcy
Individual Voluntary Arrangement (IVA)
The full form of IVA is Individual Voluntary Arrangement based in UK; it's a ...
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Author:
UK Financials Ltd
27th March 2009
It's a nightmare scenario but one that, in this current economic climate, is all too possible. None of us can be certain, when we book our wedding vendors that they will still be in business when the big day comes around. In fact how many of us would ev...
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Author:
weddingdirectory
09th March 2009
There are different types of bankruptcy claims that various people and businesses go through. These bankruptcy claims will affect different people in various ways. This is especially true for the investors and stockholders of a company. When a company fil...
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Author:
QC
01st February 2009
If you have a debt problem then one of the options that you will probably have considered is debt consolidation, where payments to lots of different creditors are replaced by a single (lower) payment for a loan that is big enough to enable you to pay off ...
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Author:
Neil Robertson
05th January 2009
Bankruptcy Basics provides basic information to debtors, creditors, court personnel, the media, and the general public on different aspects of the federal bankruptcy laws. It also provides individuals who may be considering bankruptcy with a basic explana...
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Author:
James Kertley
13th October 2008
Mortgage IVA or Individual Voluntary Arrangement UK is a legal agreement between the debtor and his creditors for the payment of the debts hat has accrued over the years. It has become very popular as 75% of the debt is written off and the remaining paid ...
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Author:
Christian Phelps
09th September 2008
If you want to avoid bankruptcy your best alternative is Individual voluntary arrangement. The Insolvency act established by the UK Government in 1986 constituted a proposal for formal repayment to the creditors via an insolvency practitioner. In case of ...
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Author:
Precious Almas
20th June 2008
When you win a bid on a tax lien at an auction, one of two scenarios will follow. The first scenario is the simpler one, in which you make some very easy money-the homeowner pays their back taxes and any accrued penalties, and the government writes you a ...
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Author:
Brent Crouch
19th June 2008
The credit crunch may have hit many people hard and many will be tempted into choosing high interest rate loans and credit cards in order to help them through these rough times. The advice offered to many people is to analyse their options and choose the ...
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Author:
Karl Bantleman
06th May 2008
When a public company files for bankruptcy, everyone with a stake in the company, from employees to creditors to bondholders, is concerned about the future of the company and the outcome of the bankruptcy proceeding. As a result many tend to wonder who pr...
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Author:
Poly Muthumbi
01st August 2007
If you think that you have nothing now, the new bankruptcy laws could even shrink that! The new bankruptcy law overhauls the laws that were modified in 1978. It not only tightens the requirements for those who want to file for bankruptcy but for their att...
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Author:
Jon Arnold
15th June 2007
The British insolvency code is under attack from small to medium sized business owners. There are
elements of the code that said owners find quite biased. Here, in a nutshell, we will expose a
few of the issues to stimulate further research.
Ec...
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Author:
Victor Smithston
25th January 2007
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested by creditors in an effort to recoup a portion of what they are owed; however, in t...
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Author:
idtbusiness
01st September 2006
There are two kinds of individual bankrupcy: Chapter 7 and Chapter 13. Chapter 7 bankrupcy, named for the chapter number in the bankrupcy code, requires a full liquidation of all debts and cancels all no-exempt debts. Chapter 13 bankrupcy is essentially a...
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Author:
Scott Green