It’s been a year since the Cash for Clunkers program where people received incentives to trade in gas guzzlers for new vehicles. According to the Orange County Register, the Inspector General of the US Department of Transportation recently discovered that many vehicles were not destroyed as required by the program. Officials visited 22 disposal facilities and found that seven of them did not report the final destruction of the clunkers. “For example, one facility, which received 357 CARS vehicles at the time of our audit, was not aware of (the reporting system) and therefore, had not reported any information on the status of those vehicles,” the report says, according to the OC Register. “The

Settle more…

Occasionally a client is under a misconception that a Chapter 7 bankruptcy discharge will erase all creditor interests in secured property.  In other words, after the bankruptcy there is no house loan or car loan, and the debtor is able to keep the house or car.

Settle more…

Today almost everyone is struggling to get rid of the maintaining loans. And in such adverse conditions when everything from fuel prices, higher cost of living and is ready to hole our pockets Debt Consolidation Loan is not only a better but the best option for the loan victims. Debt Consolidation actually is synchronizing various loans of a debtor to one single debt.

But now the question raises that when I do not have funds to afford my livelihood, in such a dieing of hunger stage that’s going to provide me with funds? The answer to this can be found easily by filling a simple form for application for Debt Consolidation Loan. T

Settle more…

 

The Bankruptcy Code requires the individual debtor to file a petition and a series of financial reports with the bankruptcy court. Among these reports is a statement of income identified as “Schedule J.” For many debtors, it may be the first time, or a first time in a long time, that the families’ monthly expenses have been written down and examined. Usually there are surprising discoveries while completing this schedule. Several monthly expense items are easily determined. Fixed monthly expenses like your mortgage or rent, auto loan payments, day care, insurance premiums, and cell phone bills are easy to identify. Fixed monthly expenses are predictable and do not generally fluctuate from month to month. Unlike

Settle more…