Finding Affordable Car Insurance Don T Panic Because Of Overwhelming Debt 5 Things You Should Know Before You Invest On The Stock Market Types Of Debtor Bankruptcy Increase Your Sales By Accepting Credit Cards
When it comes to finding affordable car insurance there is no better way to go than by looking and shopping online for it, either by going to a specialist broker or doing the legwork yourself. Online insurers can pass the biggest savings on to you simply because they have lower overheads; the insurance is the same as you would pay for elsewhere.
If you wish to do the searching yourself, a simple place to start is by using one of the popular search engines, from here you will find links taking you directly to some of the best online insurers and is an excellent way to start your search.
The majority of sites will give you an almost instant quote and will also allow you to make comparisons from several companies at the same time.
Finding affordable car insurance this way or by using a broker is without a doubt the easiest, as you are able to this anytime. Online insurers never close and you won’t even have to leave the comfort of your own home.
When it comes to finding affordable car insurance several factors will have to be taken into account, the first is the type of insurance that you are looking for. The two main policies are fully comprehensive and third party. This decision will depend on factors such as your age, the year and make of your car and of course the cover that you require. If you wish to be covered for almost everything then fully comprehensive should be your choice, however this is the most expensive type of insurance and this will reflect in the premium you are quoted.
There are many other ways that you can help yourself when it comes to finding affordable car insurance, for instance such factors as the safety features on your car are taken into account. Simply by installing good quality alarms, having your windows etched with your registration and your items such as Sat nav and DVD player’s security marked, could mean you are able to knock money from your quote. Other factors that are taken into consideration include if you hold a clean driving record, for every three points on your licence you could be adding as much as
Overwhelming debt doesn’t just happen overnight. The majority of the American public live from paycheck to paycheck. It only takes one accident or illness to put you behind in your debts. Once you are behind it is possible that you may never catch up. This does not make you a bad person, just one that is in need of rescue. That help can come in the form of a bankruptcy. If you are like most people you have no idea how to do this and what is involved.
Filing bankruptcy is done through the court system. It is possible for you to do this on your own, but not very advisable. If you decide to do this on your own, you need to research this process. There are do-it-yourself kits on the Internet and companies that offer this service. You will need lots of patience to attempt this and hope you don’t make mistakes.
Your first decision in getting ready to file bankruptcy is what type you want to file. Chapter 7 bankruptcy involves selling your assets and dividing the proceeds among your creditor. Chapter 13 is working with your creditors to stop their interest and accepting smaller payments over a period of time. This is not a decision that you want to rush into. You can find information on the Internet, in your local library or by consulting with other people.
If you don’t think you can handle doing it yourself, your safest bet is to contact a lawyer who deals with bankruptcy. They will have the forms that need to be completed and will know how to handle these issues in the court system. Even with an attorney, a bankruptcy will take time but when it is completed you know that everything was done, as it should have been. Bankruptcy may not be what you want to do but if you have to, then do it correctly.
The primary purpose of bankruptcy is to allow a debtor a fresh start of his or her financial life again. Recently, the law has changed. There are further evaluations of a person’s financial state, and more requirements for obtaining the debt discharge. Some states have varying exemptions for bankruptcy. The debtor should closely examine the exemptions in their state of residence. In addition, the debtor’s attorney will go over the entire bankruptcy process and any specific state exemptions as well.
The State of California has two different sets of exemptions regarding the bankruptcy process. The debtor must choose one set of exemptions, and the qualified bankruptcy attorney will be able to assist in the decision of the right set of California exemptions for the debtor.
Both sets of California bankruptcy exemptions are separated into asset, homestead, personal property, insurance, pensions, public benefits, tools of the trade, wages, and miscellaneous categories. The debtor should become intimately familiar with all of these categories of California bankruptcy exemptions. The debtor’s attorney will be able to determine whether which set is the correct one to employ for the bankruptcy process.
Most of the California bankruptcy exemptions are easy to understand and can be found through online sources and a qualified bankruptcy attorney will be able to assist the debtor. The tools of the trade category refers to tools, implements, materials, instruments, uniforms, books, furnishings, equipment, vessel, motor vehicles from $5,000 to $10,000 total if used by both spouses in same occupation. The motor vehicle cannot be claimed if under tools of trade exemption.
The stock market is an untamed animal, a wild beast. Sometimes, it is a raging bull that lifts and throws all stocks upwards into the sky. Sometimes it is a marauding bear that beats all stocks into the ground with brute force. And if you are entering the stock market, you have to ride this beast. It can be a rough ride or it can be smooth one depending on how you handle yourself. But, hey, you can take your precautions and plan your investments well if you keep these five factors in mind:
1. There is always a limit: Every player on the stock market must not play beyond his means. The bottom line is that if you play beyond your financial capacity, and something goes wrong, you will end up with a loss of face and your family will feel the aftershocks. It’s better to control risk appetites and adventurism while playing the stock market – after all, it is a market, not a jungle that needs to be explored.
2. There is no room for emotions: Never ever get emotionally attached to any stock. Stocks are an asset class and you must look at them as such. If you don’t, and you keep holding a stock no matter what, then you will lose out on many opportunities to make money.
3. Book profits, stop losses: Profit is like a burglar – if you don’t catch it, it will run away. Loss is like an insurance salesman – if you don’t shake it off, it will stick to you. Therefore, you must always book profits and cut losses in the stock market – all the big guns have done it and they’re human beings, just like you. So, why shouldn’t you? Get the point?
4. No one can time the market: You have to be God to predict the market movements, which you aren’t. So, be happy when you get in, be happy when you get out, don’t regret, don’t fret and SMILE no matter what you do, provided you do it right.
5. It pays to know: It will pay you well if you understand the stock you are buying into. What are its finances? Is it making profits or losses? Is the market price right? Is the management clean or are they sons of Enron? Does the industry have a bright future? Look, you will make a load of money if you know what you are doing in the stock market. So, get savvy with figures and with the economic and global trends. Analyze all the factors affecting a stock and then act.
Well, these are some basics you have to understand before you enter the stock market. Obviously, you will make mistakes, but that’s normal – every stock market player does. Just take care to play the market by the book and that will ensure that you will ride on the booms and weather the busts.
Bankruptcy is defined as legal situation in which a debtor cannot fulfill their monetary obligations. Debtor bankruptcy is when the person who owes the money files for it. There are six types of debtor bankruptcy, but the two most common are Chapter 7 and Chapter 13. Chapter 11 bankruptcy is for businesses
Chapter 7 is called liquidation, and it is where an individual surrenders their assets to a trustee who distributes the proceeds to the persons owed. Chapter 13 is where the debtor retains all of their possessions but promises to surrender a portion of their earnings in the future to the creditors. Sometimes the company or person who is owed the money will file bankruptcy against the debtor, called involuntary bankruptcy. Debtor bankruptcies give the person or company a new start financially, but the only fiscal obligations that are not included in this are student loans.
Basically, debtor bankruptcy completely wipes the person’s slate clean of any money that is owed including credit cards or mortgages. However, their credit is completely damaged and they need to start building that up again as well. Chapter 7 bankruptcies are only allowable once every eight years, while Chapter 13 debtors have a period of three to five years to pay everything off. It has been made harder for individuals to take the easy way out and declare bankruptcy through a means test as well as going through counseling before filing. There are also many agencies out there can help consumers consolidate their debt before the need to file.
In regards to chapter 11, you can be a sole proprietor or a corporation and be eligible for chapter 11 bankruptcy. This chapter of bankruptcy allows a debtor to enter into an agreement with creditors under which all or part of the business continues to remain in working order. There are restrictions to how much debt you have incurred prior to being able to file chapter 11. You must have unsecured debts of a minimum amount of $336,900.00 or a secured debt of a minimum amount of $ 1,010,650.00.
Not only do you have to incur such an enormous amount of debt but also the court filings fees are on average the cost of $830.00. Compared to filing chapter 7, which carries a court-filing fee of only $200.00, chapter 11 is very pricey. After you pay these fees you have to continue performing specific operation procedures. Once your chapter 11 bankruptcies has been filed. A Trustee of the United States Office carries out reporting procedures, as you are required to keep extensive reports of business operations.
There is basically a six-step process in chapter 11 filing. First the filing company develops a plan with committees. Next a disclosure statement and a reorganization plan are prepared and filed with the court. Then SEC reviews the disclosure statement to see if it is complete. Creditors will then vote on the prepared plan. The company will then carry out the plan by distributing the payments set about by the plan. This is the basic information on chapter 11 bankruptcies and if you are interested in further details it is best to contact a bankruptcy attorney to evaluate your personal situation. This will allow you to know if chapter 11 is the correct choice for your business.
It’s a given that running an online business means that you need to accept credit cards. If you don’t then you are losing as much as 70% of your sales to competitors who do accept credit cards according to an article published by Forbes Magazine. But it’s not just online businesses that suffer lost sales by not accepting credit cards. That same 70% figure, and higher in some cases, is applicable for off-line businesses as well.
Most People Do Not Carry Much Cash
Thanks to direct payroll deposit and debit cards, 50% of Americans carry “a few singles and may a five or ten” and 40% carry “around $5 or less including coins” according to an opinion poll conducted by one company recently.
This means that even if you are selling low-priced items you will be chasing away as much as 90% of your potential customers if your product or service costs more than they are carrying with them at the moment and you don’t accept credit and debit cards.
Even Starbucks, which has an average sales transaction amount of $4, does the bulk of their business with credit card and debit card transactions.
Statistics indicate that the average American carries at least four credit cards and nearly all Americans carry a debit card. You’re missing a lot of purchase opportunities if those cards aren’t welcome at your business.
Most Consumers Prefer Paying By Credit Card
Not only do consumers avoid the inconvenience of carry cash, which includes the threat of loss or theft, but they also enjoy the security of knowing that their bank is willing to back them up should they end up in a dispute with your business over the quality of your products or services.
Then There Are The Rewards Programs
A lot of credit card programs offer cash-back or other incentives for every dollar that a consumer charges to their card. People who are enrolled in rewards programs will go out of their way to pay by credit card and avoid using cash at all costs. If your business doesn’t want to help them earn their rewards, they’ll simply find another business that does.
Credit Cards Are More Convenient For Big-Ticket Purchases
Customers who are spending hundreds or even thousands of dollars on a product simply expect to be able to pay by credit card. This is especially true for those customers who cannot afford to pay for their purchase all at once and who are planning to pay the balance off over a period of time.
Some Customers Are Forced To Use Credit Cards
Employees who are making purchases on the behalf of their employers, or employees who travel on company business, are often issued company credit cards which they are expected to use for all purchases. Accounting for cash expenditures, and the subsequent process of reimbursing the employee for their out-of-pocket expenses, is a nightmare for businesses. If you don’t accept credit cards, these employees are shopping elsewhere.
You’re Losing Out On B2B Purchases
Many companies that are making purchases of products or services for their own internal use or for resale prefer to pay with a credit card for accounting reasons. Not accepting credit cards means that you are losing out on the opportunity to serve repeat customers who are being forced to take their business elsewhere.
Hopefully you’ve found one or more good reasons to start accepting debit and credit cards at your business. And if the reason you’re not accepting them is because you think you can’t afford to, think again. The truth is: You can’t afford not to!.
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