New Bankruptcy Law – Targeting the Wrong People?

Written by Charles Essmeier


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suggest thatrepparttar number of business bankruptcies may actually be up to ten times higher than previously reported. Many small businesses that fail and file for bankruptcy do so under guidelines that technically classify them as personal bankruptcies. The new law doesn’t account for this, however, and treats such bankruptcy filers no differently than those who file because they can’t stop shopping. It benefits no one to force a small store owner to undergo mandatory credit counseling when their business may have failed due to other reasons, such as having a big-box retailer more in next door. Even if that isrepparttar 143190 case,repparttar 143191 law will requirerepparttar 143192 bankrupt business owner to attend counseling in order to learn about managing personal and household budgets. This wastesrepparttar 143193 time of bothrepparttar 143194 business owner andrepparttar 143195 credit-counseling agency and denies valuable counseling resources to those people who may really need it.

In time, Congress may amend this legislation if certain aspects of it do not work as intended. Inrepparttar 143196 meantime, small business owners and those with personal debt problems will be inconvenienced, credit counseling agencies will be overworked, and no one will be any better off for it.

©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and HomeEquityHelp.com, a site devoted to information regarding home equity loans.


How to Reduce Car Insurance Premiums

Written by John Mussi


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Avoid high interest rates - Interest charges are very high if you were to pay your premium in monthly instalments. It would work out cheaper to pay your premium in one lump sum.

Buy onrepparttar Internet - Financial products are far cheaper onrepparttar 143189 Internet than elsewhere. Car insurance is usually about 10% cheaper when you buy online.

Shop around - Be prepared to dorepparttar 143190 legwork, if you want a good deal.

Checkrepparttar 143191 insurance rating - Some cars are considered to be of a higher risk than others. Before buying a car, check out its insurance group rating as car insurance premiums vary greatly between insurance groups.

Imported cars are expensive to insure - The price of a car bought abroad may be cheaper, but most likely,repparttar 143192 insurance won't be. This is because,repparttar 143193 parts can be more expensive and difficult to find, so take this into consideration unless you are buying a car fully catered for in UK.

You may freely reprint this article providedrepparttar 143194 author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.


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