Top Ten Reasons People File for Bankruptcy

Written by Bankruptcy Home


1. Eliminaterepparttar legal obligation to pay many of your debts.. This process of wipingrepparttar 111968 slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most or all of your debts can be cleared.

2. Stop foreclosure on you house and allow you to effectively make payments to catch up on missed payments of your mortgage. If your home is in foreclosure, Chapter 13 Bankruptcy will stoprepparttar 111969 foreclosure any time prior torepparttar 111970 sale. Bankruptcy does not eliminate mortgages on your property without payment. Rather, bankruptcy will structure a plan in order to repay your mortgage arrears (the amount that you are behind). <stop foreclosure>

3. Prevent your car or other property from being repossessed.

Even ifrepparttar 111971 creditor has repossessed your car, filing bankruptcy can effectively force them to return your car or other personal property (ifrepparttar 111972 bankruptcy is filed quickly enough). The past payments you have missed will be consolidated into your Chapter 13 Bankruptcy plan. After this you will no longer payrepparttar 111973 finance company, rather you will make monthly payments torepparttar 111974 trustee of your Chapter 13 Bankruptcy who will then payrepparttar 111975 finance company.

4. Reduce or even eliminate high medical bills.

Sometimes an unfortunate accident or major recently discovered illness can completely ruin a family. Many families have to make choices on allocation of bills. Often, bills that were once important become insignificant torepparttar 111976 large medical bills acquired by a loved one. Filing Chapter 7 Bankruptcy can greatly reducerepparttar 111977 amount of medical bills. 5. Recent loss of employment.

Studies show that loss of work is one ofrepparttar 111978 most common reasons people file for bankruptcy. This is very easy to see. A family can get comfortable on two maybe even one salary. They can take on regular amount of debts, join clubs, and pay normal bills with relative ease. All of a sudden one or both spouses lose a job and a family must go from two salaries to one. Losing a job is closely tied to high medical bills. Losing a job means this family may be left withoutrepparttar 111979 protection of insurance that was once provided by their employer. Often times these two factors combined create an almost impossible mountain to climb withoutrepparttar 111980 help of bankruptcy.

Choose An Architectural Style That’s Perfect For You

Written by Jamie Madison


Most people are attracted to a home for more than its number of bedrooms and square footage. Whether consciously or subconsciously, you are drawn torepparttar individual character of a home.

Part of what makes up that character is referred to as architectural style.

During various periods of American history, different architectural styles were prevalent with builders. If you were to take a home tour around a specific town, you can get a feel for when different neighborhoods were built based onrepparttar 111967 architecture ofrepparttar 111968 homes. Today, many new homes incorporate different aspects of these styles onrepparttar 111969 exterior and interior.

The Queen Anne, Gothic Revival and Empire homes are all variations ofrepparttar 111970 Victorian style. Popularized afterrepparttar 111971 Civil War, these homes were most popular inrepparttar 111972 South and West. With its intricate shapes, elaborate trimming, and fish-scale shingles, these homes truly reflectrepparttar 111973 Victorian age. Inside,repparttar 111974 homes are finely detailed with stained glass windows, elaborate trim and molding, and side-by-side entry doors. Other common elements are wraparound porches and bay windows.

Greek Revival-style homes were built during 1820-1850. Many of its elements representrepparttar 111975 style of Greek Temples with columns, gable or double-sloping roofs, and pediments over windows and doors. The windows are usually square and rectangular with fan windows overrepparttar 111976 entryways. The interiors are symmetrical as well, with detailed woodwork and baseboards.

Colonial homes take onrepparttar 111977 simplistic style ofrepparttar 111978 original homes of settlers torepparttar 111979 United States. Common to this style arerepparttar 111980 steep roofs with gable ends, clapboard siding and small windows onrepparttar 111981 outside and wainscoting and chair rails onrepparttar 111982 inside. A popular variation ofrepparttar 111983 Colonial-style isrepparttar 111984 Cape Cod, which is usually 1 ½ stories withrepparttar 111985 front door inrepparttar 111986 center and two gable (triangular structure) ends.

If you've ever seen a photo ofrepparttar 111987 White House, then you are familiar withrepparttar 111988 Georgian style home. Built duringrepparttar 111989 period of 1715-1790,repparttar 111990 homes were inspired by English pattern books and reflectedrepparttar 111991 wealth ofrepparttar 111992 owner. Insiderepparttar 111993 home, you could find large, ornate cornices and trim incorporating leaves and shells. The exterior is marked with medium pitched roofs with minimal overhang. The front door is centered with a decorative crown overhead and flanked by flattened columns. There are numerous windows with nine or twelve panes in each.

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