fastcart14 | Shared With: Everyone - Nov 14 2008 | bankruptcy, problems, creditor, 7, file, courtLet’s look at Chapter 7 from the consumer’s standpoint. Here are 3 questions posed by debtors on Yahoo answers boards during the last year…
What’s life like after Chapter 7?
http://answers.yahoo.com/question/
Is it possible to k...- fastcart14 | Shared With: Everyone - Oct 15 2008 | 7, discharge, chapter, bankruptcy, filing, help
The Associated Press answers some bankruptcy 101 questions:
“If reducing or eliminating most of your other debts puts you in a position where you can pay your mortgage, then bankruptcy can be of help…”
http://news.yahoo.com/s/ap/20081... - fastcart14 | Shared With: Everyone - Aug 17 2008 | law, mortgage, 13, problem, bankruptcy, bankrupt
The chapter 7 filings in Akron have increased 21.6% according to this article:
http://www.ohio.com/news/top_stories/26528014.html
Are there any states that have NOT had increases in the number of Chapter 7 filings during the last 12 months.
If there ar...
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A very article in the NYT regarding squandered wealth. The quotes from Buffett are, as always, good but they're a bit misleading. He actually did require funding at the beginning of Berkshire Hathaway. He told a group of family and friends to give him their money and that he would invest it on their behalf. While not debt, per se (since he had no real obligation to them), it certainly had the same psychological burden and is more money than most of us will ever require to fund an enterprise in our lives.
Quoted: Questioned in 1991 about the reasons rich people hit the skids, the multibillionaire investor Warren E. Buffett told an audience at Notre Dame that debt and alcohol were ever-present culprits in financial demise. “I’ve seen more people fail because of liquor and leverage — leverage being borrowed money,” he said, according to a transcript of his comments. “You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.
1 FaverViewed: 7 TimesQuoted: “I’ve never borrowed a significant amount of money in my life. Never,” he added. “Never will. I’ve got no interest in it. The other reason is I never thought I would be way happier when I had 2X instead of X.”
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