Making Money With Room RentalsWritten by Steve Gillman
I don't know why I didn't do it sooner, but one day many years ago, I decided to try renting rooms in my home. I was young and single, and had a nice mobile home on small piece of property. I found that it was easy to rent out other two bedrooms. Suddenly, I had thousands of dollars extra each year. Why Room Rentals? In many towns where rents are high, single people are forced to share apartments with others. They inevitably have problems with splitting bills, what to do if one person is late with their share of rent, who made which phone calls, etc. So when they see a room for in a nice home, with everything from local cals to cable TV included in rent, they like idea. Room Rentals - The How To Include everything. Don't set yourself up for arguments about who owes what for utilities, or who watches cable TV more. Cancel long distance plans, get a phone card, and just have local service. If utilities run high, raise rent. Just don't be tempted into any "share" arrangements for anything.
| | What Does A Bankruptcy Trustee Do?Written by SSLowery
Once you file bankruptcy, a court appointed bankruptcy trustee will oversee your case. The new law also requires that bankruptcy petitioner to take a debtor education course and receive credit counseling from a U.S. Trustee approved non profit credit counseling agency.United States Trustees supervise administration of following cases filed under Federal Bankruptcy Code: Liquidation proceedings under Chapter 7 bankruptcy- Those assets that are not exempt from creditors are collected and liquidated (reduced to money). The proceeds are distributed to creditors by a private trustee appointed to administer debtor’s estate under Chapter 7. “Wage-earner” reorganization proceedings under Chapter 13 bankruptcy, is used primarily by individual consumers to reorganize their financial affairs under a repayment plan that must be completed within three to five years. A “standing trustee” appointed by United States Trustee typically serves as a trustee of U.S. Bankruptcy Court where case was filed.
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