Bankruptcy in the US

Bankruptcy in the US

Today, when all the economies in the world are facing hard times, it is natural that people are having a difficult time managing their finances. In the past, consumer spending had increased to gigantic proportions due to easy credit available through credit cards. It resulted in increased spending. Now with an increase in interest rates, people are finding it challenging to repay their loans. Some misfortunate ones have to resort to filing for bankruptcy.

Bankruptcy is the legal action that can be taken by a person to reduce the amount of debt a person has, and there are various options under which a person can file for bankruptcy. Chapter seven bankruptcy forgives all unsecured debt. But secured debt has to be repaid, and it is not forgiven. Similarly, chapter 13 bankruptcy deals with repaying some part of your debt in 3-5 years. The person going for bankruptcy is on a budget with the money allotted for necessities, and the remaining amount is to pay off the creditors.
He has to follow the budget to get discharged of his debts. Such a person cannot take another loan or get into new debt.

A person filing under any of the above mentioned two sections will not have any claim over his assets, as they will be used to repay as much of the debt as possible. Nondischargeable debts like student loans, alimony, child support, taxes, and cash advances will not be forgiven. Apart from these chapters, there is chapter 11, used by individuals and businesses that have a considerable amount of debts. Chapter 12 deals with the particular needs of farmers and their families who are in deep financial problems. This section helps farmers and their families to reorganize their debts so that they can keep their land and farms with them. A person filing for bankruptcy has to pay different fees like the filing fee and lawyer fee. Anyone having financial problems must consider other options, like taking the help of a financial counselor or consumer credit counseling service before thinking about bankruptcy options.

There are after-effects of bankruptcy, such as the details staying on a person’s credit report for about ten years. A person applying for a job, loan, or a place to stay will encounter problems as others are less likely to trust him. When applying for a loan, he may be unable to get one at a reasonable interest rate and may have to pay substantially higher rates than expected.

Living Off The Grid

Living Off The Grid

As you continue to live off the grid, one thing that you should weigh is to develop a clean mindset. The sense of independence and commitment to accomplish a sustainable life is required to achieve success as you go and take off-grid living. But, you will not escape from society simply as even the self-sufficient people are bound to pay the property taxes.

Living off the grid means different things to various people. Some people want modern conveniences & huge power-generating stations. Meanwhile, other people are happier in taking one step back and living with bucolic types of food storage and heating. Going off-grid could be a pricey plan when you try to substitute the latest facilities you have today.

To manifest the right mindset, you should weigh all things and make sure that you are completely ready to live in this way. Pay consideration to every feature that must be brought into account. Look at the advantages that you can gain from living off the grid. You should have a distinct reason why you choose to follow this way of life. Use that reason as your motivation tool to achieve success.

So now, can you envision yourself living in an off-grid style? If you are really serious about it, start directing your attention on your goal to have the right mindset!

Finding the Right Place to Live

Living off the grid means you build a home in a place where you would not depend on the utilities available in your community. Instead, off-grid homes use different mechanisms to become independent. Some people use the phrase “off the grid” when pertaining to living away from governmental organizations. But, in any case, the initial step to take is to find a location for a house that has the ability to sustain itself with no reliance on external assistance.

Finding the right place to live if you choose to live off the grid may not be an easy thing to do.

But, you can get a lot of help from following these steps:

1. Find a location that is situated far from the major cities. Trying to live off the grid inside a busy city is impossible. So try to find a place where you can truly feel that everything will be easy.

2. Look for a land that is huge and sufficient for your needs. When you require a big deal of firewood, ensure that you have a wide land where you can get what you need. When it comes to farming, you can grow a big garden or if maintaining farm animals is a part of your whole plan, make sure that you have purchased enough territory for it.

3. You can shop for a residential property which comes with some pieces of the important water equipment you require to live off the grid. It means that you have to search for a property with a well that is in good condition. If you are able to find a house with an installed septic system, you are one step closer to achieve a comfortable off-grid lifestyle as well.

4. Look for the property with an independent source of power. For example, you may search for a house with a wind, solar, or geothermal system that is already installed. Instead, when you find a certain location where building a house with good south front exposure to install your solar power system, you can integrate power support while time goes on.

5. Select a final location with food sources & emergency services inside an accessible space, especially when you’re not planning to grow an ample supply of food to be fully independent on your own property. Solitude and disconnection are commonly preferred by most people who choose to live off the grid, but safety must be a concern as well.

To find the right place where you can truly live off the grid, you should be careful and practical in choosing. Follow these tips to avoid difficulties in selecting the best place to stay to have a comfortable off-grid lifestyle.

Utilizing Your Strengths to be a Successful Entrepreneur

Utilizing Your Strengths to be a Successful Entrepreneur

What’s the initial thing you do if you want to climb Mount Everest? While you might humorously reply that the first thing you would do is get yourself a CAT scan, the fact is that climbing Mount Everest – or any other difficult feat of physical resistance – can easily be associated with entrepreneurial success. If you’re going to scale Mount Everest, the first thing you would do is make a list and find out if you had the means to climb it.

You would need food, climbing gear, water, medical supplies, and many other things. With trying toward entrepreneurial success (which can seem as impossible as climbing Mount Everest), you will also take inventory of your assets. What are your current strengths, and how can they help you reach your goals?

Do You Think You’re Better than Everybody Else?

The first thing that we are going to do is make a list of things that you do better than anybody else. This is not a list of things you do better than anybody else in the entire world; this is a list of things you do better than the people you know or the people you’re surrounded by. Also, we are not going to include things that aren’t going to help you on your road to success.

For example, you might be the best sous chef in three counties, but unless you’re planning on opening a restaurant, it’s not
going to help you with your entrepreneurial goals. However, it will include things that might not be directly related to being an entrepreneur or being successful but are strengths that will still help you get where you’re going. An example of this will be if you are good at inspiring people.

This might not seem to relate to your success as an entrepreneur directly, but if you are trying to launch a successful eCommerce website, the fact that you are good at inspiring people could be used in all kinds of ways. You can inspire people to share your products on social media.

You can inspire people to participate in and spread the word about contests that you run. As you are making your list, if you come across anything that you think might even be slightly related, err on the side of caution and write it down anyway.

You’re also going to be careful about adding things to your list that might be thought of as strengths at first glance but are reasons that you have failed in the past. One example of this might be an attribute like flying by the seat of your pants instead of planning out in advance. This could go on your list as a self-starter or ready to jump in at a moment’s notice, but if it hasn’t served you well in the past, it probably isn’t going to do you any favors in the future, and you should avoid putting it on your list of strengths.

You are also going to want to include technical or artistic skills that might not seem to relate directly but could come in handy later on. For example, you might be great at graphic design. You might be a natural technical wizard. You might even be a writer. Think about some of these strengths as they relate to your success goals, including the earlier example of a sous chef. While culinary arts might not help you start an e-commerce website, the patience that you have cultivated as a sous chef could help.

What Are the Attributes of Success?

The next thing that you’re going to do is determine what sort of attributes the most successful people in the world have, or especially, the people that you admire. You’re especially going to make a list of things the entrepreneurs have to have to be successful.

These can be both wide and specific depending on what your particular goals are. For example, they need to be good at whatever industry they are in. They are probably also going to want to be skilled in things like social networks, choosing products, building business relationships, and marketing.

You’re going to want to be as specific as you possibly can because at the end were going to compare the two lists and try to find how many strengths you have already that can help you be successful. The more things you list, the more things that you’re going to discover are true about yourself.

This exercise isn’t actually about finding all of the qualities that entrepreneurs need to succeed; it is about realizing that you already have the attributes that it takes to be successful. You do have the attributes that it takes to be successful. This is readily apparent because you’re reading this article.

People interested in success or aren’t motivated to better themselves and reach their goals don’t read books on success. They tend to avoid the subject as much as possible because it reminds them of their failures.

Here are some of the more apparent attributes to get you started:

  • Determination: you have the idea or attitude that you are going to succeed no matter what, no matter who stands in your way and no matter what obstacles you encounter.
  • A Passion for Entrepreneurship: if you aren’t passionate about working for yourself and owning your own business, it can be almost impossible for you to be successful at it.
  • Optimism: you are optimistic about the future. You believe that good things are in store for you and your outlook is almost always a glass-half-full kind of mindset.
  • Patience: you are willing to work over a long period of time to get the results that you want. You’re not going to give up if it doesn’t happen quickly.
  • Reliable: you will be able to handle the responsibility of being an entrepreneur. You have a reputation for being reliable, so people are willing to work with you.
Real estate laws on the move

Real estate laws on the move

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_dropcap color=”” boxed=”yes” boxed_radius=”50%” class=”” id=””]L[/fusion_dropcap]orem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Contrary to popular belief, Lorem Ipsum is not simply random text.

It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

Nemo enim ipsam voluptatem quia voluptas sit

Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don’t look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn’t anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet. It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, or non-characteristic words.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Private equity firm takes control

Private equity firm takes control

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_dropcap color=”” boxed=”yes” boxed_radius=”50%” class=”” id=””]L[/fusion_dropcap]orem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Contrary to popular belief, Lorem Ipsum is not simply random text.

It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

Nemo enim ipsam voluptatem quia voluptas sit

Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don’t look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn’t anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet. It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, or non-characteristic words.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Tax litigation at your door

Tax litigation at your door

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_dropcap color=”” boxed=”yes” boxed_radius=”50%” class=”” id=””]L[/fusion_dropcap]orem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Contrary to popular belief, Lorem Ipsum is not simply random text.

It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

Nemo enim ipsam voluptatem quia voluptas sit

Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don’t look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn’t anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet. It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, or non-characteristic words.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]