No Protection in Bankruptcy
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People who declare bankruptcy and believe that in this way they are protected from creditors are finding that this is not necessarily so. Creditors do not automatically mark off a debt when a person declares bankruptcy. They file suit in 20 percent of the bankruptcy cases upon the basis of exceptions provided in the bankruptcy laws of the United States. In seven cases out of ten the creditors win. Creditors often pursue a person in one court after another if the person moves to different cities. The legal fees for defending himself can mount to the point where he may decide that it would be cheaper to pay the debt. Would it not be better to assure creditors that they will be paid and make payments regularly until the debts are erased?
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Betty Parker said:
Dear Admin
I have been reading your site since a week. I greatly enjoyed looking through your site and found some informative pages on finance like debt, bankruptcy etc. I also have some finance related web sites and blogs having more information regarding various finance related problems and its solutions. I think it might be of interest to your readers.
So, I think it would be beneficial for both of us if we join in a community together which will definitely help both of ours blog/site in getting more Google values. We would certainly appreciate your site. Please feel free to contact me with any questions at my email id.
If you want we can also write articles for each others site on any finance related topics. I have been writing articles for various finance related sites and blogs.
Waiting for your earliest response.
Thanks and regards
Betty Parker
web admin
(contactbettyparker@gmail.com)
n.b: If you are not the concerned person, then kindly forward this mail to the webmaster concerned.
March 19th, 2009 at 11:38 pm -
admin said:
Dear Betty Parker
Sounds interesting… I’ve been looking for some webmasters and bloggers like you.. I would like to share link with you…
Best Regards,
Fher (skyfher@gmail.com)
worldsdigest webmasterMarch 20th, 2009 at 4:54 pm