Start Out The New Year By Filing For Bankruptcy Bankruptcy Basics

Bankruptcy should always be considered a last resort after all other efforts to recover from your debt problems have failed. The public record will stay with you for 10 years and beyond. Even a bank account application will ask if you ever filed bankruptcy, which you are legally required to answer. New laws are now place which require you to get involved with a valid credit counseling program before you can file anyway, so keep that in mind.
Bankruptcy laws vary from state to state, and everyone's situation is different. There are no absolute answers as to whether this would be a viable option for you. There are many lawyers who offer free consultation and can tell you how to proceed; the costs and pros and cons.
We can, however, clarify the most basic types of bankruptcy used by individuals. Each of these is known by the title of the Chapter of the Federal Bankruptcy Act in which they appear. The most common of these are Chapter 7 and Chapter 13.
Chapter 7 vs. Chapter 13
Chapter 7 bankruptcy is (or has been until new laws took effect) one of the most common types of bankruptcy used by individuals, but may also be used by businesses. Under Chapter 7, a court-appointed trustee collects the individual's assets. The trustee sells the assets for cash and pays the proceeds to the individual's creditors. Assets that are exempt under federal or state law do not have to be liquidated. Once the Chapter 7 process is final, the filing cannot be repeated for six years.
An example of who might file a Chapter 7 would be someone with little property but unable to meet their monthly payment obligations to creditors.
Unsecured debts, except tax and student load debt are forgiven, though there are extenuating circumstances which may apply to all unsecured debts. Creditors cannot contact you during the process or after the debts are discharged.
To qualify, you need to take a "means test" and complete the required pre-filing session with a credit counselor.
Chapter 13 bankruptcy is designed for an individual debtor with a steady source of income. It is generally more costly than filing Chapter 7, because it considerably more complex. Under the Chapter 13 plan, also called "individual reorganization," the debtor must settle his debts over a three to five year period. The debtor is allowed to keep his property. At a confirmation hearing, the court either approves or disapproves the plan. You are protected from debt collection calls and efforts to impose wage garnishment. Also, debts that were not canceled in a Chapter 7 discharge can be reduced in a Chapter 13 payment. Co-signers are also protected under Chapter 13.
To qualify, unsecured debts must be below $360,475 and secured debts less than $1,081,400.
An example of who might file a Chapter 13 would be someone with considerable equity in their home or property which they wish to keep. They're able to keep up with expenses, but are unable to keep up on the scheduled debt payment.
Here is hoping you can find a debt relief program that will work for you to avoid bankruptcy.

As we usher in 2012, the bad financial decisions we made in 2011 will quickly become a lingering memory. Looking back to New Year's one year ago, I remember all the talk of how people were going to get out of debt for their New Year's resolution. One year later, it seems nothing has changed and according to the statistics Americans are going the wrong way. Credit card debt is now at an alarming $15,799 per American. With only 300 million people living in the United States it blows me away to learn that there are over 609 million credit cards held by US consumers. Considering age and ability to pay this would factor down to six credit cards being held per American. Over the last years, all the talk about getting the US debt under control and the US consumers, that control just went out the window. With these new numbers it's obvious that the US is going to see record numbers of Americans filing for bankruptcy. Since the changes to the bankruptcy code back in 2005, at first we saw a drop as expected and from 2006 on the numbers of those filing bankruptcy has continuously risen until 2011 where it went flat. This last year has perplexed many experts because the numbers say bankruptcy filing and yet we will probably finish out the year with 1.5 million bankruptcies filed, a little lower than 2010.
The common consensus from experts and bankruptcy attorneys across the US is this is the calm before the storm. After speaking with a bankruptcy attorney, they informed me of how many people came into their office and were too broke to file for bankruptcy. Now that's being broke. When you factor in all the costs, filing bankruptcy is really not that expensive. The average fee for a bankruptcy attorney to file Chapter 7 is about $1500. Add in the costs of the pre-bankruptcy counseling course and the post-bankruptcy financial management course along with the bankruptcy court fees and individual filing can plan on spending approximately $2000 for the entire procedure. Looking back at the amount of credit card debt the average American has currently, $2000 is really quite a value to wipe this out with no questions asked.

Honesty When Filing Bankruptcy Goes a Long Way A Chapter 7 Bankruptcy Take?

When someone is at the end of their financial rope filing Chapter 7 Bankruptcy can be their best option. As a matter of fact, most people who file for bankruptcy file Chapter 7 Bankruptcy because it is fairly quick and easy, does not require that the debtor make payments back to their creditors over a period of time, and eliminates most if not all unsecured debt.
A good place to begin is a trip to a local bankruptcy attorney for a consultation. Most bankruptcy attorneys offer free consultations to potential clients so that the individual can, with the expertise of the bankruptcy attorney, determine if filing bankruptcy is right for their financial situation, what chapter to file, the time frame and cost involved, and the general process of filing for bankruptcy. It is imperative that the debtor feel comfortable with the attorney since they will be working together closely throughout the process and the debtor will be required to provide the attorney with a lot of personal financial information. For instance, the debtor will need to review their income, total assets, and debts with their attorney prior to actually filing the bankruptcy petition with the court. The attorney will use the full extent of the law to protect as much property as possible for the debtor through the use of bankruptcy exemption laws. If the debtor does have any property that is not exempt, it may be sold by the trustee to disperse the proceeds to the creditors. A word of caution, a debtor that attempts to purposely not claim assets, hide the sale of property prior to filing bankruptcy, or transfer assets or property to another person or family member can face serious trouble from the bankruptcy court if this is discovered. Fines and or jail time can and will be brought upon the debtor for such actions. This is why it is extremely important to divulge everything to the bankruptcy attorney in the beginning. They are on your side and will work in the best interests of their client as long as the client is honest and upfront with everything. If there are any issues that the bankruptcy attorney thinks may be a problem it can be discussed ahead of time with the debtor and a new strategy may be worked out to avoid any surprises.
The thing to keep in mind is that bankruptcy was designed to give good hard working people a fresh financial start, not penalize them for hitting a rough patch in the road. When someone is filing bankruptcy it is very important to be completely honest with their bankruptcy attorney and the court to be able to take advantage of the new beginning that bankruptcy offers. In this tough economy that we are all in filing bankruptcy is no longer frowned on like it once was in years past. Filing bankruptcy is not for just individuals but many businesses are taking advantage of all that bankruptcy has to offer. When it comes to bankruptcy, a little honesty goes a long way on the road to recovery.

The low level of time and effort necessary to discharge most of your debt through Chapter 7 bankruptcy (with an attorney) is another great benefit to the bankruptcy system. Note, this article discusses Chapter 7 bankruptcy timeframe, and not Chapter 11, 13, or any other bankruptcy filing.
A Chapter 7 bankruptcy is a complete discharge of a unsecured debt. In order to qualify for a Chapter 7 bankruptcy, your income from the last six months must be at or below the median income for a household of your size. The exact numerical value differs depending on the number of dependents you have, and median income in the area where you live.
For the client, the full process usually takes no more than an afternoon and a couple hours for a discharge meeting at the courthouse.
First, the client usually needs to have a meeting with an attorney. These meetings are typically scheduled for an hour, and depending on the depth of the conversation and how talkative the attorney and client is, the meeting can last as little as 15 to 30 minutes.
Second, the client needs to fill out an information packet that is very robust but can be done in a few hours in an evening. Running through bills and reviewing paperwork to find every debt you have can be tedious and the time it takes can differ depending on how organized you are and how many debts you have. For debts missing, a few calls and most creditors have no problem sending you your information.
Next, you need to attend two online debtors courses, each taking about 45 minutes apiece. These can be done at home or your local library.
Finally, the only steps left for those with attorneys is to review their documents before filing (10 to 20 minutes), read a two page information sheet (5 minutes), and to attend their 341 meeting - a court appearance where you answer a few yes/no questions on the record and the trustee declares your debts discharged. Absent a challenge from a creditor, that's it. The meeting can be very quick or can take a while to get through depending on the last name of your attorney. Clients are called based on the alphabetical order of the attorneys. Depending on how talkative the trustee is, each client really only takes about 5 minutes at the most. For those trustees who talk more, and like to hear the stories of talkative clients, it might take a bit longer.
So that's it. For those who choose to not use an attorney, it can take weeks and months to learn the necessary paperwork, the correct exemptions, how to do a "means test"; and since most non-attorneys mess up quit a bit, it will take several attempts in order to get a filing through - and that's if you don't mess up and get our case dismissed.

Show Me the Money Invoice Factoring Companies

In today's marketplace, cash flow is a real problem for many businesses. It seems impossible to grow your business if you don't have a stack of cash sitting around. But it is possible to grow without having a bunch of money just lying around, and you don't even have to be able to qualify for a traditional bank loan. You don't need to have two years of financial information showing that you made a profit. You don't need to have assets that are tangible in order to secure a bank loan. Instead you can secure the funds through invoice factoring.
Here's How the Process Works.
The invoice factoring company buys your accounts receivables at a discount. Then they give you cash up to a certain percentage of the amount your customers owe you. The easiest way to look at this process is as if you're selling your invoices for a little less money than what they are actually worth so that you can receive cash now instead of in a month or two when your customers actually pay you.
Every time you make a delivery and bill a customer, you are eligible to receive money from an invoice factoring company within a day. This makes it possible for you to get paid faster, which in turn enables you to grow your business. You're able to pay your own bills on time because cash flow isn't a problem. You can even purchase supplies or equipment or receive special discounts offered by vendors when you pay them early.
In most cases, factoring companies pay anywhere from 80 to 90 percent of the value of your invoices up front. After they receive the payment from your customer, they subtract a small fee from that payment and give you the rest of it. The amount of the fee is determined by how creditworthy your customer is, how long your average payment term is, and the amount and size of the invoices you issue.
It may seem like invoice factoring is a new business, but it really isn't. Invoice factoring companies have been offering services for hundreds of years. Some of the earliest factoring companies appeared in the American colonies. They helped handle trade between European vendors and colonial buyers. The vendors would trust the factoring company when it said that the buyer was creditworthy. They charged a small fee for offering advice about credit and then became merchants in the trade industry by purchasing and then reselling a variety of goods.
There are factoring companies in every part of the financial sector. Some are small financial services companies while others are connected to major banks. However, each one sets its own terms for operation. Each company has its own "personality" within the factoring industry. In addition, many of them specialize in one particular type of industry, so if you are considering signing up for factoring, make sure that the company you opt for does business with other companies in your industry.

You don't have to look too hard, or for too long, if you want to find a property development, that has floundered; for one reason or another. Disturbingly, it seems that in most cases, the reason that the development failed was due to the finance arrangement being pulled; ie the Bank called in the loan.
This situation is becoming all too common, as the banks try to get the money back in, as quickly as possible. Quite shameful, in some cases that we have heard about.
So, is there any chance of making some money in a market this treacherous?
The simple answer is yes; because if there are losers in the market, there must logically be winners!
To put this in real terms, if a builder was developing a ten plot site, and the bank called in his loan, and took possession of it part finished; the builder stands to lose money, or at least the profit that he would have made. Well, the person or company, that buys that site, stands to make a good profit?
Due to banks pulling the plug on many development loan, we found a few partly finished developments for sale at distressed purchase prices, without working too hard.
Now, you are probably thinking that, if the banks are lending (which they aren't), and if they have money out, they may call it in (which they have), where would you find some money that would enable you to pick up a part finished site or distressed sale part finished conversion, at a bargain price?
Well, obviously it's not the bank.
There are people out there that will help you though, and they are the specialist short term funders; the "bridgers", and development finance companies. There is little between the two, in the way that the lenders work, and their respective funding lines.
However, the usual distinction is; development funding will normally lend on land with full planning permission, and fund a build from the ground up, whereas for bridging finance, there is normally a building of some sort to bridge against! The line between the two types of lending is sometimes a little blurred.
It's not difficult to see why some bridging funders found that their lending was up 64% this year. These small, short term lenders seem to have been the lifeline that has saved many small developers, from going under; according to our research.
Having spoken to some specialist bridging loan lenders, which included the development mortgage lenders; we were surprised by what they told us.

Legal Implications A Catastrophic Outcome

In the present complex world of Finance and Industry, bankruptcy is one of the most commonplace terms that are closely associated with insolvent companies. The term "Bankruptcy" is essentially used for large corporate houses, small business ventures or even individuals having outstanding loans accruing over a period of time including an equally very high interest that are legitimately to be paid to creditors over a stipulated period. Bankruptcy can easily be depicted as a legal proceeding in a court of law where the assets of the debtor are liquidated in order to provide a relief to the debtor from any further liability to their creditors and to arrange payment of debts from the limited resources of the debtor.
Causes of Bankruptcy
There are a large number of companies picking up huge loans at higher rates of interest from companies offering loans, creditors or financial institutions with a view to expand their business potential. In the present day scenario, it is a normal practice that it is not only the companies that take up loans, rather individuals also approach financial institutions for personal loans. The inability of these large companies to repay their loans results in the company becoming bankruptcy or insolvent. One of the major factors that often result in bankruptcy is the grim economic situation of the country and the impending recession.
Bankruptcy Laws
The repercussions of these laws on the company or an individual are extremely strenuous. Once the creditors become aware about the insolvency of the company, they file a legal suit against the debtor claiming repayment of their loans by the debtor. One of the first steps of the laws of bankruptcy is that the assets of the debtor are liquidated to pay off the creditors.
Professional Assistance
In a normal situation, a company files for bankruptcy prior to declaring themselves bankrupt due to insurmountable loan amounts that have accrued along with the interest. It is always in the interest of the debtor that he consults a legal practitioner and seeks his assistance on the prevalent laws of bankruptcy or obtains appropriate credit counseling from an organization approved by the government at least six months prior to applying for filing for a bankruptcy protection in a designated court of law.
There is no dearth of solicitors and lawyers around the country who offer their professional services to help a bankrupt company to tide over their financial crisis. These professional attorneys assist their clients in working out their loans and helping them with the settlement of their outstanding debts in an orderly manner, thereby securing their clients' financial future and consolidating their financial resources. However, it would be prudent for people who are plagued with debts to check on the credentials and reliability of the attorneys filing their petition before entrusting them with the assignment since this work involves a lot of secrecy and confidential information being handed over the attorneys.

There is hardly any doubt that bankruptcy spells disaster on several counts. While large and small business enterprises often opt going in for a loan from either a bank or financial institutions or from private individuals at exorbitant interest rates with an objective of business expansion, yet there are always pitfalls when it comes to repaying the debt along with the high rate of interest. It is at this stage that a majority of these large companies feel incapable of bearing the brunt of repayment within the prescribed time frame.
Recession
In fact, the prevalent market conditions play a major role in the drop of the economy of an industry. More often this situation arises when there is a slump in the market and the prices of products drop drastically creating chaotic circumstances which lead to recession. The recession forces both corporate houses and individuals towards the brink of bankruptcy or insolvency. It would be pertinent to mention that normally financial institutions before offering massive loans to corporate houses generally audit the accounts and assess the financial position of a company, yet when unprecedented conditions prevail in the market, there is no option left for the debtor to file a petition in a court of law for protection against bankruptcy.
A Legal Process
Bankruptcy is a legal procedure, where the assets of a debtor are liquidated and sold off to pay off the dues of the creditors thereby relieving the debtor from any further liability since a major portion of the debt is cancelled or invalidated. The second step involves reorganization of the debt. The court appointed trustee works out the debt according to which debtor is required to repay his debt. The monthly payment of the debt amount is required to be paid to the creditor over a period of time which cannot be extended beyond five years. It would advisable for the debtor to seek professional assistance from a reputed lawyer. It is also necessary that the debtor is fully aware of the implications of the prevalent bankruptcy laws.
Bankruptcy - Advantages & Disadvantages
There are certain advantages and disadvantages that are associated with the filing of a bankruptcy petition. One of the major advantages is that the debtors are able to start afresh as regards as the finances of a company are concerned. In a way, the debtor may be able to retain some of the assets which are decided by the prevalent laws of a particular state. While an unsecured debt may be waived off, the creditor is entitled to secured debts from the debtor over whom he has a legal right in case repayment amounts are missed out. Bankruptcy leaves an indelible scar on the debtors' credibility for at least seven to ten years that may seriously affect future finances of a company. Further, a bankruptcy can pose problems on obtaining future loans for some time.

How VA Mortgage Loans Work Online

How VA mortgage loans work today. VA loans are only for veterans of the military, whether from the four branches of the military or even the national guard or reserves. Also, spouses of the veterans can use the benefits if the veteran passes away, as long as they do not remarry. VA stands for Veterans Administration because it is the Department of Veterans Affairs that guarantees the loans.
A few of the key benefits of a VA mortgage is that no down payment is required when purchasing a home, there is no mortgage insurance associated with a VA loan, unlike all other mortgages above 80% loan to value. Typically interest rates are more favorable with VA mortgages as well.
VA mortgages require a funding fee if you are purchasing a home or refinancing it. The funding fee can be rolled into the loan and can be anywhere from.50% to 3.3% of the loan amount depending on a number of different factors. In most cases if you are considered disabled by the VA then the funding fee can be waived altogether.
In order to use the VA loan benefit, the veteran will need a certificate of eligibility from the VA Department. Most but not all veterans are eligible to take advantage of a VA loan because of a number of different factors including but not limited to dishonorable discharge, foreclosure while a VA mortgage was in use, current VA loan is already being used, can make a veteran ineligible. You may only use a VA loan one at a time, so if you currently own a home with a VA mortgage on it, you will either have to sell that home or refinance it into another loan product such as an FHA or Conforming loan product. That way you can free up your VA loan eligibility requirement.

Military veterans have some excellent options when it comes to their seeking a mortgage to buy a home. Even when the veteran has a poor credit record, there are still options. For one, getting a VA home loan with bad credit is regarded as the most accessible option.
This is certainly true, with the Department of Veteran Affairs (the VA) essentially guaranteeing a share of the mortgage loan applied for, greatly helping to secure approval despite bad credit. But there are factors that anyone considering applying for these loans should be aware of.
Historically, these VA home loans only came about as a result of the 1944 GI Bill, which was introduced to help war veterans settle back into civilian life. By the VA guaranteeing these mortgages, veterans had a better chance of getting their own home. But there are still criteria for applicants to satisfy.
The Value of a VA Guarantee
The biggest problem for loan applicants is convincing lenders that they will get their money back. Even when seeking a VA home loan with bad credit, the lender needs to know that the borrower can be trusted to make the repayments that need to be made. Since VA loans come with a guarantee, that security is provided.
Unsurprisingly, the backing of the VA is a huge boost to anyone looking to secure approval despite bad credit. And for the borrowers, a guarantee from the VA also removes the need for a large down payment, and generally means that the interest rate charged is lower.
But the VA is not willing to guarantee 100% of the sum being borrowed - in fact, it only covers 25% of the value of the home. So, while the interest on a VA home loan is lower, and a down payment is usually not needed, there is still 75% of the sum borrowed that is not guaranteed.
Qualifying For A VA Loan
Since a VA loan is reserved for military veterans, qualifying for a VA home loan with bad credit is dependent on meeting some strict criteria. Of course, there are basic conditions to meet too, like age and nationality, but the VA need confirmation of military rank and deployment history before they are willing to guarantee the loan.
There are financial conditions too. For example, applicants cannot have defaulted on a loan with any lenders within the previous 12 months, and cannot have been declared bankrupt at any time within the previous 24 months. After all, lenders are only willing to grant approval despite bad credit if they can be sure repayments will be made.
Another condition to satisfy before qualifying for a VA home loan include proving they have full gainful employment. As with any other mortgage, repayments have to be made over decades, so financial security is very important.
Prepare Your Application Properly
Finally, it is tempting to believe that it is easy to get a VA home loan with bad credit, but the truth is that there is no guarantee that approval will be given. Many military veterans are rejected because their application was deemed unconvincing.
Bear in mind that the VA only agrees to guarantee a 25% share of the mortgage after the lender has approved the application. The actual application is submitted to the lender, so securing approval despite bad credit is based on their assessment.
There are ways to improve a credit score, and so lower interest rates, like using a consolidating loan to clear existing loans in one go. When an effort is made, a lender is more comfortable granting a VA home loan.

The Biblical Law of Scarcity Top 3 Reasons Why Virtual Accounting Is The Way To Go

This day and age we are living in a technology society. Everything is online - banking, photos, shopping, music, TV shows and even movies. Yet at the same time, I am amazed at how many people don't want to do things online. Are they going to stay in the paper age forever?
Even with accounting. People will put all of their business online but not their accounting records. They will share picture of kids, post check-in's all over town and tell the whole world everything they did and ate for the day. Yet they won't use online banking or a cloud based software - systems that are way more protected than these social media accounts. And why is that? It's fear of the unknown and trust me I get it. But if you find a reputable company that has all the proper security controls in place, as most companies do, you should have nothing to worry about. Just make sure the company has an emergency plan. This is a plan that will keep your data safe and accessible in the event of an emergency. Often times there is a backup of all the data on a completely different server in a completely different city and state.
Here are three more reasons why you should give virtual accounting a try.
1. Accessible from anywhere. Virtual accounting gives you the ability to access your files from anywhere, whether you're at home, work or on travel. It will save you time and money. It also allows your accountant or CPA to access your files remotely. This helps cut don't travel expenses that you would typically pay as part of your fee. You can also use scan, mail or use cloud services to store and send documents that your accountant.
2. Immediate software updates. Using a virtual system that hosts your main software package, will save you money. You don't have to pay the premium cost of purchasing the software up front. And as a result you never have to worry about software updates. The hosting company will take care of that for you.
3. Safe and secure. Despite what you hear or read in the media, offsite servers and cloud services are safe and secure. Most companies that I have been in contact with use a 256 bit encryption, which is the same security used by bankers. They also provide automatic dual site back-ups that provide that extra security in knowing you can sill access your data in the event of an emergency event.

"Then God said, 'Let Us make man in Our image, according to Our likeness; let them have dominion over the fish of the sea, over the birds of the air and over the cattle, over all the earth and over every creeping thing that creeps on the earth.' So God created man in His own image; in the image of God He created them; male and female He created them. Then God blessed them and God said to them, 'Be fruitful and multiply; fill the earth and subdue it... '" (Genesis 1:26-28). After God spoke order and abundant life into the darkness and chaos that was earth, He beheld it and declared that it was very good. Adam and Eve, made in the very image of God, were to learn to be like God. They were to have dominion over the earth just as their Father, Creator has dominion over everything. They were in training to rule with God as children in the Royal household or family of God. Their task as overseers of earth was blessed.
Unfortunately, at some point, Adam chose to stand silently by as the serpent enticed his wife and then himself to rebel against God. You may never have given it much thought but one of the ways Adam and Eve violated God's Law was by theft. They stole fruit from God that He clearly told them was not theirs to have. God had given them everything and blessed them with abundance and yet they were convinced that it was not enough.
The law of scarcity is observed as man's attempt to fulfill his infinite wants with finite resources. Because of this theft, God was going to crank scarcity up a notch.
You can read in Exodus 22:1-4 that it is required of the thief to restore not only that which he has stolen but there must be a quantitative loss to the thief. If the thief is not able to make full restitution, then he must be sold into slavery to pay off the full amount. Now look at how Adam was indeed punished according to the restitution law concerning theft.
In Genesis 3:17-19, the Judge of the universe pronounces sentence on Adam. "Cursed is the ground for your sake; in toil you shall eat of it all the days of your life. Both thorns and thistles it shall bring forth for you... In the sweat of your face you shall eat bread till you return to the ground... "
Before Adam's theft, due to the sheer magnitude of abundance given to him as a blessing, Adam would make light work of maintaining himself, his family and the garden. This would have freed up much of his time to pursue other ventures to build and to grow and reach new heights. Adam would have grown spiritually and truly developed into a complete son of God, maturing into the very image of His maker.
So notice the punishment is a curse on the abundance. Now Adam would fritter away his whole life (as all men generally do now) just keeping food on his table, clothes on his back and a shelter over his head from the time he is able to work until the day of his death. Adam rebelled against God whom has dominion over man. Now God allowed creation itself to rebel against Adam so he could experience what it is like to deal and work with rebellion. The curse brought enmity and fear between man and animal. The crops no longer yielded abundantly and the soil rebelled, bringing forth weeds to reduce production. The creeping things of the earth (insects) rebelled against Adam, destroying his crops and spreading disease. Weather patterns changed, also wreaking havoc on production; both food and construction of homes, villages, and societies.
The law in Exodus also requires that the thief be sold into slavery until the debt is paid. Adam indeed has sold his offspring into the bondage of sin. Sadly, instead of repentance, Satan has convinced man that the solution to scarcity is more theft by continuing to seek, within himself, the fulfillment of his wants and spiritual needs that only the Creator can fulfill. Man is perpetually duped into eating more and more of the forbidden fruit, hoping the next bite will be the missing dimension needed to be whole. Man continues to eat from this tree because he stole from it, to begin with, under the premise that man is inherently good and capable of defining what is right and then doing the right.
No one in their right mind would believe that the solution to overcoming sin is to sin more yet that is exactly what man has shown by his actions for 6,000 years. Our solution to theft is more theft to the level of governments that enforce social justice and the redistribution of wealth. Our solution to debt is to spend ourselves into greater debt as we can see in our own nation today where we are the world's greatest debtor nation having surpassed all of Europe, including Britain, by 2.4 trillion dollars. Our solution to overcoming bondage is more bondage as we embrace the State as a solution instead of the Ten Commandments which James so rightly describes as "the law of liberty".
Thanks be to God, that He has provided a second Adam, Jesus Christ, to redeem us from this curse in due time. Understanding this curse and its purpose is key to alleviating and overcoming its effects in a Christian's walk. It is the answer to the question so many scoffers and would-be believers alike, who ask, "If there is a God, why does He allow so much suffering?" Count your blessings in this life, being content in a fallen world where nature itself is rebelling against us and seek God to fill the void we all have that can only be filled by our Father.

Plfinder Tips to Improve Your Credit How to Avoid the Collection Agencies A Couple of Easy Steps to Implement When Fixing Bad Credit

Improving your credit is giving yourself a new lease on some of the very important aspects in your life. Plfinder Everybody needs good credit in order to obtain housing, cars and other things. Plfinder If you are one of the many who have credit issues that have to be dealt with, there are several things you can do to improve your credit. Plfinder Here are several tips on how to improve your credit. Plfinder

1. Plfinder Do your research and be aware of your rights. Plfinder There are laws protecting you with regards to your credit. Plfinder Make sure to be familiar with them so you could improve your credit score. Plfinder

2. Plfinder Check your credit score regularly and determine the layout and find out if it is correct. Plfinder There are many mistakes on credit reports and many people suffer from them without even knowing, thus make sure to check them out. Plfinder

3. Plfinder Pay down or pay off your debts immediately or arrange to pay the money in installments. Plfinder The companies you owe money to will report to the credit bureau and can raise your score if you start to pay off your dues. Plfinder

4. Plfinder Ask someone you trust such as your relative or friend who has a good credit score, that you be added to his or her account to give your credit score a boost. Plfinder Make sure you do not spend and decrease the score because this could affect both your score and the score of the person you attached your account with. Plfinder

5. Plfinder Ask for free copies of your credit report from the three major credit bureaus such as the Experian, Equifax and TransUnion. Plfinder They should be able to provide you a free copy every year upon request. Plfinder Stagger your request every four months so you could stay updated on changes and monitor your attempt to improve your credit. Plfinder

6. Plfinder Determine if there are erroneous entries in your credit report and dispute the errors through certified mail. Plfinder Keep everything in writing and keep a copy of your dispute letter. Plfinder You should be able to receive a reply from the credit bureau about your dispute request. Plfinder

7. Plfinder Wait for 30 days and get another copy of your report and review it carefully. Plfinder Review your report carefully and inquire in case an erroneous entry has not been removed from your credit report yet even if you have already filed a dispute letter. Plfinder Repeat the whole process if necessary until they are corrected. Plfinder

As you already know, your credit rating is very important. Plfinder A bank or company will be interested in how much money you make every month and your credit history and credit standing. Plfinder They want to make sure that you can be trusted with their money. Plfinder

the most common problem people looking for credit face is the rejection factor. Plfinder It is the most difficult thing to overcome, as it has a fatal impact on our credit reports and you can forget about just applying elsewhere as every single application results in a credit check being performed. Plfinder When we do this it produces what is called a hard hit on our credit reports. Plfinder

A hard hit is when a creditor or more frequently referred to as a lender. Plfinder A creditor can often be confused with collection agencies. Plfinder These are totally different as a collection agency is only using the information they are given from the lenders to collect amounts owing on your accounts. Plfinder A collection agency is only used when you credit accounts with lenders has a default which is basically when you decide not to pay them. Plfinder Not advisable. Plfinder We all always want to pay the lenders in full and on time to avoid being passed over to a collection agency. Plfinder

However, paying in full and on time is not always possible. Plfinder We all have experiences in our lives which impact on our household income and the worst of all is when we lose the financial security of a full-time job. Plfinder There is nothing worse than sailing along in life only to find the loss of a job. Plfinder The impact on our lively hoods is enormous. Plfinder This is only one of the many things that can affect our ability to pay accounts on time. Plfinder

The one thing I do that helps me, is keeping a file on my computer of all the direct debits I have along with the dates in which they will be deducted from the bank. Plfinder This helps me manage my main account and ensures I know when people are taking there payments. Plfinder Therefore, I know to keep enough there for the bill to get paid. Plfinder

The added benefit here is that should anything happen where I can't pay an account I can easily look at the file I have, and see the companies that I won't be able to pay. Plfinder

This is important as whenever you know that you can't pay an account on time it is always important to let the company know, and avoid the bank charges by asking for a postponement on you account. Plfinder It is going to save a lot of hassle just telephoning a company and saying that you can't make the payment on the due date. Plfinder Always agree on a date that they will be paid though, as they then know not to pass your account on to a collection agency. Plfinder Don't do it month after month though as the company will get tired of extending time periods and eventually pass it on anyway. Plfinder If it is going to be an ongoing problem try to agree on a reduced payment term. Plfinder Collection agencies charge companies for their services. Plfinder Companies do not want added expenses so they often agree on a different payment structure. Plfinder

The easiest way when it comes to fixing credit reports is simply the one option you will see all over the place and that is a simple dispute letter. Plfinder Many people employ the services of a professional to do this, as they feel they can't write a proper letter to address the situation properly. Plfinder

The services that are quite often advertised focus around the fact that they have irresistible letters that have proven to have negative entries removed. Plfinder But, here's the truth. Plfinder There is no such as a magic letter that does this. Plfinder

The key element is to identify the negative entries on your report and then a dispute letter is just a quick note to the credit bureau to say "I don't think this item is mine, could you please verify the information or remove it from my report, thanks in advance". Plfinder It doesn't need to be perfect. Plfinder It just needs to point the reporting agency to the information you want them to investigate. Plfinder Once they know this information they can then look into the matter. Plfinder

Regardless of how the dispute letter is put together it serves the same purpose. Plfinder Do you think the reporting agency just looks at the letter and if it looks good, deletes the item? No way! As with any business they have a procedure to follow. Plfinder One of them is investigating and responding within a 30 day time frame. Plfinder

When the dispute letter arrives with them they can go and see the company that put the entry on your report. Plfinder Ask them for supporting documents within a given time frame that the CRA (credit reporting agency) dictates to the company and explains that should they not be able to support the entry with documentation the entry will be deleted from your credit report. Plfinder

So, you do not need to be a fully pledged award winning writer to get the results you need. Plfinder

You do not always need to write a dispute letter and send it off to a credit bureau. Plfinder Another effective way of fixing credit reports is contacting the company themselves and just asking them to remove it instead. Plfinder This can sometimes work just as well and also is a good way of communication with the company. Plfinder