Three Tips for Avoiding Any ArgumentListen – Listening to your speaker during a heated argument is one of the most challenging things you’ll ever do. Especially when you believe the information is inaccurate or the speaker is speaking to you in a vindictive voice tone. Clear your mind of all distractions and concentrate on information that you don’t already have. Nod your head occasionally to affirm that you are listening. And, always place your need to understand, before your desire to be understood.

Avoid Adding Fuel to the Fire – Eliminate making statements such as: “I’m sorry, but what you’re saying makes absolutely no sense at all.” Or, “If you would just calm down for a minute, maybe I could explain…” Statements like these only intensify the core of frustration or anger. Instead, go “old school.” Bite your tongue when you find yourself tempted to say anything that may be perceived to be condescending.

Flip the Script – OK. This technique requires skills. If your speaker is livid and “lashing out irrationally,” he’s reacting from the right side (the emotional side) of his brain. Aim to alter his emotional state and get him to the other side, as smoothly and quickly as possible. To do this successfully, you must interrupt his current focus and pattern of communication. First, say his name. Then, immediately ask for clarification. People instinctively respond from a slightly calmer emotional state when they hear their own names. Then, with composure, speak numerically. For example:

“Stephen. Let me make sure I understand. You’re saying, number one; when I don’t return your keys to the place where I found them, it irks you to no end. Two, it puts you in a position where you lose 10, 15, 30 minutes of your day – or even more – when I don’t think. And three, you’re asking is it really that difficult to complete one, simple routine. Is that accurate?”

In order to follow the sequence of numbers you just laid out, Stephen has to flip his own script, to the calmer. Why? Because his brain hears numbers! That means, the right side automatically enlists the left side to take over. The left side is the rational side of our brain. It handles numbers, logic and of the like. Stephen is now in a solution-oriented, state of mind.

Friday, January 12, 2007

The U.S. armed forces detained five Iranians working at a “liaison office” located in Erbil, Iraq before dawn on Friday. Sources said that the U.S. forces first landed their helicopters around the building, then broke through the office’s gate, disarmed the guards, confiscated some documents and certain objects, arrested five suspected terrorists, and then left for an undisclosed location.

However, there was no raid on the Iranian Consulate General as earlier reported. Pentagon spokesman Bryan Whitman told Agence France-Presse that the building raided was “not a consulate or a government building”, which appears to be confirmed by the Iraqi foreign minister, Hoshyar Zebari, who said the Iranians were working at an office that had government approval and was in the process of being approved as a consulate, but was not a Consulate nor the Iranian Consulate General. The US is strategically insisting that they raided a “liaison office” instead of a Consulate to avoid being found in violation of Article 36 of the Vienna Convention on Consular Relations.

Russian Ministry of Foreign Affairs Mikhail Kamynin said that the raid was absolutely unacceptable and was a violation of the Vienna Convention on Consular Relations. The Kurdistan Regional Government also expressed their shock and disapproval of the raid.

On Thursday’s hearing on Iraq, Senator Joseph Biden (D-Delware), chairman of the Senate Foreign Relations Committee, told Secretary of State Condoleezza Rice that the Bush Administration did not have the authority to send U.S. troops on cross-border raids. Biden said, “I believe the present authorization granted the president to use force in Iraq does not cover that, and he does need congressional authority to do that. I just want to set that marker.” After the meeting, Biden sent a follow-up letter to the White House asking for an explanation from the Bush Administration on the matter.

On Thursday morning, Iran’s foreign ministry official sent a letter to Iraq’s foreign ministry asking Iraq to stop the Bush Administration from interfering with Iraq-Iran relations, and has protested the raid on its liaison office. The official said, “We expect the Iraqi government to take immediate measures to set the aforesaid individuals free and to condemn the U.S. troopers for the measure. Following up on the case and releasing the arrestees is a responsibility of primarily the Iraqi government and then the local government and officials of the Iraqi Kurdistan.”

Retrieved from “https://en.wikinews.org/w/index.php?title=US_raids_Iran_%27liaison_office%27,_Russia_says_it_is_unacceptable&oldid=4358920”

Monday, October 11, 2010

Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as a Scientology executive in multiple high-ranking positions, working out of the international headquarters of Scientology known as “Gold Base”, located in Gilman Hot Springs near Hemet, California.

Retrieved from “https://en.wikinews.org/w/index.php?title=Author_Amy_Scobee_recounts_abuse_as_Scientology_executive&oldid=4579695”

byadmin

There are many conditions that impact patients’ feet and ankles, leaving them with pain, discomfort, and potentially severe mobility issues. Many of these conditions can be treated medically, but some really require the help of foot surgeons in Racine WI for resolution. Read on to find out about a few conditions commonly treated with foot surgery below.

Hallux Rigidus

Also known simply as a stiff big toe, Hallux Rigidus causes pain and stiffness that can make it difficult to walk. This condition originates from trauma due to degenerative forms of arthritis and is often exacerbated by damp, cold weather. While wearing the right shoes and applying natural lubricants or steroid injections may temporarily ease the discomfort associated with this condition, surgery is often required to restore mobility in serious cases.

Hallux Valgus

More often referred to as a bunion, this condition is one of the most common foot deformities. It manifests as a bony bump between the big toe and the foot and often causes the big toe to bend inward. Bunions can be extremely painful, so those suffering from serious deformities often choose to have surgery to reduce pain and increase mobility.

Hammertoe Disorders

Hammertoe refers to a disorder in which a patient’s toes bend at abnormal angles, causing pain and other problems. This condition is caused by a muscle and tendon imbalance, which is often the result of leaving bunions untreated for prolonged periods of time. Surgical treatment involves the fusing of the patient’s deformed joints using small implants or surgical pins, which can later be removed to restore normal function.

Plantar Fasciitis

Also known as jogger’s heel, this condition is caused by torn or inflamed heel ligaments, which may require the help of Foot Surgeons in Racine WI for permanent correction. Symptoms of Plantar Fasciitis include stabbing pain in the heel that usually manifests itself in the early morning and vanishes later in the day. Runners, people who are severely overweight, and those who wear shoes with hard heels are all at greater risk of developing this disorder.

Learn More Today

Want to find out if foot surgery may be a good long-term option for treating these or other foot disorders? Visit Greatlakesfootankle.com online for more information or call to schedule an appointment today to get started.

Wednesday, June 16, 2021

In early May, Wikinews extended an invitation to Vitaly Filipchenko, an independent candidate in the 2021 New York City mayoral election, set to take place November 2nd, alongside other candidates. Filipchenko answered some questions about his policies and campaign during a phone interview.

Filipchenko, registered on the New York City Campaign Finance Board as Vitaly A. Filipchenko, is the first Russian candidate for New York City mayor, being born in Tomsk, Siberia in 1973, according to news agency Sputnik. He has since naturalised as a United States citizen. According to the web site, Filipchenko has been educated in road construction and maintenance and owns a moving services company; he describes himself on his web site as a “small business owner”. On his web site’s platform page, he says that “[m]y English may not be perfect – but my platform is.”

Incumbent Democrat mayor Bill de Blasio, who won re-election in the 2017 New York City mayoral election by 66.5%, cannot run for a third term under term limits. As of April 28, 22 candidates are currently running, the majority of whom are also Democrats. Ahead of the June Democratic primary for New York City mayor, a poll conducted May 23 and 24 by WPIX and Emerson College of 12 Democratic candidates with a margin of error of 3.2 per cent has former commissioner for the New York City Department of Sanitation Kathryn Garcia and Borough President of Brooklyn Eric Adams leading with 21.1% and 20.1%, respectively.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_candidate_for_New_York_City_mayor_Vitaly_Filipchenko&oldid=4673651”

Saturday, April 21, 2007

Kent Hovind‘s motion for acquittal was denied on Wednesday, April 18, 2007. Hovind, a Pensacola young Earth creationist and operator of Dinosaur Adventure Land, along with his wife, Jo Hovind, were found guilty in November 2006 on 58 federal counts of “willful failure” to payroll taxes, structuring bank withdrawals, and obstructing federal agents.

On January 19, 2007 Kent was sentenced to ten years in prison and ordered to pay US$640,000 in owed funds to the Internal Revenue Service, pay prosecution’s court costs of $7,078, and serve three years parole once released.

In his motion, Hovind had contended that under the rule in a case called United States v. Davenport the crime is not the individual withdrawals, but is instead the total transaction, also known as the “unit of the crime.” Thus, Hovind argued that in his case there was no “unit of the crime” “separate and distinct from the alleged act of withdrawing, and without such a separate amount to be structured [. . .] there could be no crime alleged, and no conviction on any charge in Counts 13 through 57.” The trial court rejected Hovind’s “unit of the crime” argument.

Had the judge ruled in Hovind’s favor his sentence would have reduced Hovind’s prison sentence from ten years to five years.

Jo Hovind sentencing was delayed pending the ruling on the motion. She will be sentenced soon though no date has been set.

Retrieved from “https://en.wikinews.org/w/index.php?title=Kent_Hovind%27s_April_2007_appeal_denied&oldid=3853458”

By JamieMcIntyre

Australians have way too much of their superannuation tied up in the share market, and theyre following the unsound investment advice of buy and hold spruiked by financial sales people oops, sorry, financial planners.

This flawed strategy wiped out many baby boomers in the first Global Credit Crisis and its about to happen again.

Interestingly, Australians with more of their super in real estate have fared much better.

Australians simply have too much super weighted in shares.

Personally Im reallocating more of my super away from equities and into the following:

Australian land

Land appreciates faster than houses. Its a much safer, more secure investment (especially if you dont have to pay for it for a decade).

Plus by not having to pay for it for 7 to 12 years (by utilizing options) and then building a house on the land if you wish, this type of investing is a perfect way to hide from the financial storm thats coming.

Think about it. Theres no need to borrow money or pay holding costs, which can send you broke. Its leverage without the borrowing risks. And that means you can wait as long as you want.

Patience is a virtueand makes you rich when you have no borrowing costs.

US Property

Ive talked about this before however in a worse case scenario of the US economy going into a 10 year Japanese-like recession, US property will still be a phenomenal investment.

Listen; dont let the global uncertainty confuse you into thinking that the US property market shouldnt be exploited as much as possible especially whenever our dollar is above parity.

Being able to buy at rock bottom prices now (i.e. houses that were $250,000 for $80,000) with high rental returns will ensure most houses are paid off in 5 to 7 years.

And did you know rents are expected to rise further? Its true; the high amount of foreclosures is pushing former owners to become renters.

[youtube]http://www.youtube.com/watch?v=fl1i9snXRTU[/youtube]

Plus many of those former owners are happy to rent their house back and agree to rebuy from you later at a healthy profit.

Why would they want to do that? Its simple. They can still get their house back at fraction of what they paid for it. And in truth, theyre very grateful to have a second chance.

Many of these houses, even in a recession, will recover back towards at least replacement value when surplus US housing stock runs out.

But even if it somehow didntyou dont need capital growth in US Property to make a small (or large) fortune.

What about further price drops?

Its possible, but buying houses at $80,000 that were $250,000 in 2008Im more than comfortable that any price drop will be minimal.

Actually in some areas small price rises have occurred as foreign investors compete for bargains.

Rural Land

I saw the Asian Food Crisis coming 5 years ago. Now I see soft commodities booming even more and I predict Australian rural prices will boom in coming years.

Actually, heres something interesting: small farmland in the US has boomed in recent years while residential real estate has crumbled.

What About The Stock Market?

For some months now Ive been saying, hold back, because better buying opportunities will come up.

Now were starting to see some good buying opportunities. And you know what? There will be even better ones coming.

Be prepared to take advantage of the market, but dont be overweighted in equities. It will be volatile.

(Those who know how to insure shares and make money when the market drops would be having a field day recently!)

Forex & Eminis

The Australian dollar has been in a good pattern. Up to $1.10 then retracting 5 to 10 cents, then rising again.

Forex trading is only for the educated though. The same with Eminis.

If financially educated, these can be great boosters to your portfolio. But they shouldnt be your portfolio.

To be nicely balanced, Id have these more speculative strategies backed up with lower risk type strategies such as land and houses.

Gold and silver

10 years ago I told 21st Century Members to buy gold when it was around $200 an ounce.

I explained in my book What I Didnt Learn At School But Wish I Had, Americas debt based Federal Reserve System would crumble because they cant just keep printing money with no reserves.

I bet my members wish theyd bought more gold now

Id still buy gold and silver, even now. Mainly as a hedge, not so much as an investment even though theres still immense profit potential available.

In fact Im trying to go one better and trade some assets for a nice slice of a silver mine ASX listed company to dig it up rather than just buy it.

Renting shares and selling insurance

These cash-flow type strategies can be very effective. The key is doing it over quality assets that have long-term inherent value.

For example: using the Warren Buffett stock selection criteria I modelled off arguably the worlds greatest investor.

Leave this part out of the recipe and youre messing with the strategy.

Remember crisis is opportunity.

Now is the time to be increasing your financial education, to take advantage of the volatile times heading our way.

Panic or profit. Everyone has a choice.

For free educational resources on many of these strategies check out these links:

US Property http://www.21stcenturyusproperty.com

Scholarships http://www.21stcenturyscholarships.com.au

Warren Buffett Strategy http://www.wealthdvdoffer.com

Share Renting http://www.21stcenturysharerenting.com

Selling Insurance http://www.youtube.com/watch?v=2eGsEROSccQ

See Sir Richard Branson, Tim Ferriss, Eddie McGuire, Myself, and a world-class line up of internationally renowned speakers at the 21st Century Financial Education Summit.

Move Your Super by Jamie McIntyre

Jamie McIntrye

CEO of 21st Century Education

Jamie McIntyre is an authorised representative of Romad Financial Services Pty Ltd (AFSL No 238 032). Jamie is RG 146 compliant in the areas of derivatives, securities and managed investment products. He is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Securities (ASIC No. 321 315).

About the Author: Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also author of the bestselling book What I Didnt Learn At School But Wish I Had, successful entrepreneur, investor, sought after success coach and speaker

jamiemcintyre.com

Source:

isnare.com

Permanent Link:

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Wednesday, October 13, 2010

The rescue of the Chilean miners trapped in the San José Mine in Copiapó, codenamed Operación San Lorenzo (San Lorenzo Operation), began on Tuesday night, at around 20:00 local time (23:00 UTC).

Florencio Ávalos was the first miner to be rescued, at 00:12 local time (03:12 UTC) on Wednesday. He was wearing a shirt signed by all his fellow miners. “The first miner is already with us. We saw it all, him hugging his wife Monica and his son Byron,” said President Piñera shortly after the first rescue. “We still have a long journey.”

“This will be recorded on every single Chilean heart forever,” Piñera added. “I hope the miners’ hope stay with us, just like the [February] earthquake victims’ [hope] and what the earthquake took off. We know that the disasters unite us all.”

All the 33 miners were rescued. The last miner, Luis Urzúa, was rescued at 21:55 Chile time (00:55 UTC). “It is a pleasure to be Chilean, [I’m] proud,” said Luis Urzúa to President Piñera. “In honour of the miners, their families, the rescuers […] let’s sing our national anthem. Viva Chile Mierda!,” said Piñera. Urzúa thanked Mining Minister Golborne and the First Lady Cecilia Morel for “fighting for their lives.” “I’m proud of my fellow miners,” Urzúa added.

Six rescuers, including a miner and a paramedic, descended to the miners’ shelter using the Fénix 3 capsule which was specially constructed for the rescue. They performed check-ups and talk with the miners before taking them back to the surface. The rescuers still don’t leave the mine.

The Fénix 3 capsules are 3.95 metres in height and weigh about 460 kilograms. They have an armour, an oxygen tube and a microphone. The occupants helmets contain an intercom to keep them in contact with the rescue team on the surface.

President of Chile Piñera assisted to the rescue. Bolivian President Evo Morales could not attend Carlos Mamani’s rescue. Mamani is the only Bolivian miner in the group.

A mass for the miners was conducted at 18:00 local time (21:00 UTC). The rescue takes between 15 and 20 minutes for each miner.

On Tuesday, Mayor of Copiapó Maglio Cicardini announced that the municipal schools in the city will have no classes this Wednesday “to transform the rescue of the Atacama’s 33 in a familiar meeting,” Radio Cooperativa reported.

“The miners will be taken to the Copiapó Regional Hospital for medical checkup, where they will have to stay for 48 hours,” Health Minister Mañalich said to Televisión Nacional de Chile.

Celebrations are taking place in several Chilean cities. In Santiago de Chile, people gathered in one of the most important points of the city, Plaza Italia. In Pichilemu, tens of cars are passing over its most important streets. In Copiapó, people gathered in its main square to assist a massive concert.

On August 5, 33 miners were trapped more than 700 meters (2,300 ft) underground, in the San José copper–gold mine, located about 40 kilometers north of Copiapó, Chile.

The youngest trapped miner is 19 years old, and the oldest is 63. There were several rescue attempts before reaching the miners’ shelter on August 22. The National Emergencies Office of Chile (ONEMI) released a list of the trapped miners on August 6, which included Franklin Lobos Ramírez, a retired footballer.

Chile is the worlds top producer of copper, according to The Economist. The San José Mine is owned by the San Esteban Mining Company (Empresa Minera San Esteban). The mine was closed down in 2007, after relatives of a miner who had died sued the company executives, but the mine was re–opened in 2008.

It was originally estimated that “it would take three to four months to complete the rescue of the trapped miners”. There were three plans to reach the miners: “Plan A” using a Strata 950 drill, “Plan B” using a Schramm T130XD drill, and “Plan C” using a RIG-422 drill. The first to reach the miners was “Plan B”, early on Saturday 9.

The last step of their rescue, announced by Health Minister Jaime Mañalich, was originally due to begin on Tuesday. Laurence Golborne, Minery Minister said “If it is possible, and the cement sets before and we don’t have any impediments to doing it, it would be wonderful,” in a press conference on Monday. The men will be extracted in a steel rescue capsule 54 cm (21 inches) in diameter.

On September 4, Chilean filmmaker Rodrigo Ortúzar announced plans to film a movie about the accident, called “Los 33” (“The 33”). The film will be released in 2011.

One miner is Bolivian, and the other 32 are Chilean.

Raúl Bustos, 40 years old, is an hydraulics engineer. He left his job in Talcahuano after the February 27 earthquake to work in the mine.

Daniel Herrera, 27 years old, is a lorry driver. He has acted as paramedic assistant in the mine. He said to La Tercera “the miners were unhappy with the psychologist in the rescue team.”

Claudio Acuña, miner, is fan of the Colo-Colo football club. The BBC reports he is aged 56, but El Comercio says he is 44.

Pedro Cortez is aged 24. He joined the mine with his friend Carlos Bugueño. Cortez is an electrician, and lost a finger in the mine a year ago.

File:Juan Aguilar with President Piñera.jpg

A native of Los Lagos, Juan Aguilar is 49 years old. Aguilar is married to Cristy Coronado, according to El Comercio. Aguilar works as a supervisor.

Mario Sepúlveda is a 39 years old electrician native of Parral; he is married. He has been the spokesman of the most of the miners’ videos. Mario Sepúlveda was the second miner to be rescued, on Wednesday at 01:10 local time (04:10 UTC).

Víctor Zamora is a 33 years old auto mechanic. Zamora is married to Jéssica Cortez, who confirmed she was pregnant while he was in the mine.

Osman Araya is 30 years old, and married. He began working as miner four months before the accident.

Florencio Ávalos is 31 years old. He is the brother of Renán Ávalos, who is also trapped in the mine. He worked as driver in San José. Ávalos filmed videos, sent later to his relatives.

Ávalos was the first miner to be rescued, on Wednesday at 00:10 local time (03:10 UTC).

Jorge Galleguillos, 56 years old, has worked all his life in the mine. He said in one video he was feeling unwell; he takes medication for hypertension.

Carlos Barrios is a 27 years old miner. His father, Antenor Barrios, told Agence France-Presse: “I find he’s very strong and has enthusiasm. He spoke loud and clear. I was excited.”

Franklin Lobos Ramírez is a 53 years old retired footballer. He played for Cobresal, Deportes Antofagasta, Club de Deportes Santiago Wanderers and Unión La Calera, and briefly for the Chile national football team. Lobos had worked as a truck driver in the mine.

Yonni Barrios, called “The Doctor”, is a 50 years old electrician. He has knowledge of first aid, and was given responsibility for monitoring the health of his colleagues. “I felt I was in hell,” Barrios said in a letter to his wife.

Carlos Bugueño, 27 years old, joined the mine with Pedro Cortez. Previously, he worked as a watchman.

Alex Vega Salazar is a 31 years old heavy machinery mechanic. He is married to Jessica Salgado, and celebrated his birthday in the mine on September 22.

Ariel Ticona is a 29 years old miner. His wife, Margarita gave birth to his daughter on September 14. She was named Esperanza (Hope), at Ticona’s request.

Richard Villarroel is a 27 years old mechanic from Coyhaique.

Edison Peña is a 34 years old miner. “I want to go out soon,” he said on his first contact with his relatives. “I want to be free, I want to see the sun,” he added. He is a fan of Elvis Presley.

Claudio Yáñez is 34 years old, and works as drill operator.

José Ojeda, 46 years old, is the master driller. Ojeda is widowed and diabetic.

Luis Urzúa is a 54 year old topographer. He is the shift-leader, and was the first miner to talk with authorities. He is known as Don Lucho among the miners. He draw plans of the area of the mine where they are trapped.

Urzúa will be the last miner to leave the mine.

José Henríquez is a 54 years old drill master. He is also an evangelical preacher, and has worked in mines for 33 years.

Víctor Segovia is a 48 years old electrician. He is in charge of writing down everything that happens in the mine.

Pablo Rojas is a 45 years old explosives loader. Married, he had been working less than six months in the mine.

Juan Illanes is a 51 year old miner. He was a sergeant in the Beagle border conflict between Chile and Argentina in 1978, the incident which almost provoked a war between the countries.

Illanes was rescued on Wednesday, at 02:07 local time (05:07 UTC).

Jimmy Sánchez, 19, is the youngest miner. He had been working in the mine for five months before the accident. His role is to check the temperature and humidity in the mine.

Samuel Ávalos is a 43 years miner. His wife Ruth said “he was addicted to the cocaine.” His role in the rescue is to check air quality in the area the miners are living. According to the BBC, “Ávalos has worked in the mine for five months.”

Mario Gómez, aged 63, is the oldest of the miners. He has worked 51 years as miner. His father was also a miner, and is nicknamed “El Navegao” (“The Sailed One”). He was thinking of retiring in November.

Gómez also wrote the message “Estamos bien en el refugio los 33” (“We are fine in the shelter the 33 [of us]”).

Segovia is 48 years old. He is married to Jessica Chille, who said “To hear his voice was a confort to my heart,” after talking with him for the first time in 24 days. His sister María, was nicknamed “La Alcaldesa” (“The Mayoress”) for her leading role at Campamento Esperanza. His father, Darío Senior, was trapped in a mine for a week, and suffered serious injuries after two other mining accidents, according to the BBC.

Carlos Mamani is a 23 years old heavy equipment operator. He is also the only non-Chilean miner; Mamani is Bolivian. He began working in the mine just five days before the accident.

He was rescued at 03:11 local time (06:11 UTC) on Wednesday.

Renán Ávalos is a 29 years old miner, single, who had been working for five months in the mine before the accident. Florencio Ávalos is his brother.

Omar Reygadas is a 56 year old electrician. He began working in the mine shortly before the accident.

Esteban Rojas is a 44 years old miner. Rojas is married to Jessica Yáñez.

Retrieved from “https://en.wikinews.org/w/index.php?title=Copiapó,_Chile_mining_accident:_in_depth&oldid=1986972”

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By Sean A. Kelly

In this current financial atmosphere where jobs are hard to find and the mountain of debts seem to be growing uncontrollably, every once in a while you may hear about matters that become bigger than ourselves like burden of debts. The need for taking drastic step like filing for bankruptcy may be the only way out. Bankruptcy is just not all about liquidation of your assets which is comes under chapter 7. In contrast to it, there is Chapter 13 of bankruptcy where your assets won’t be liquidated to pay your debts rather it works on the same line as seeking debt consolidation and credit counseling but with the intervention of the court. To avail bankruptcy under chapter 13 you need to fulfill some conditions by law. Jones story will help you to better understand all about it. To alleviate the burden he filed for credit card bankruptcy, one of the options in the Freedom Debt Relief program.

Jones had a whopping $34000 credit card debt and a medical condition which was taking in a good proportion out of his income. He had been out of a job for more than 6 months and this was one of the major factors responsible for his deteriorating financial condition as he was living on plastic entirely during those jobless months. He did find a job later but the damage was too big to get hold of by then. He was recommended to file for chapter 13 bankruptcies by his consultants.

Personally Jones was not ready to file for bankruptcy due to the stigma that is attached to it. He had some common misconceptions about bankruptcy like losing everything he had and starting with a cardboard box, fears like everyone will know about his financial struggle and also that he will never be able to apply for credit card again. After seeking consultation he was able to deal with his fears.

[youtube]http://www.youtube.com/watch?v=JpBhSJNehho[/youtube]

Bankruptcy option like chapter 13 allows you to keep all your property and there is no liquidation of your assets, rather it is called a reorganization bankruptcy, your counseling agency which organizes your debts to be paid over a period of 3 to 5 years. Jones another concern of not being able to ever get a credit was addressed when his consultants told him it won’t be long before you start getting offers though it will be at a high rate to start with.

So what is bankruptcy under Chapter 13? When your consultant advises you to file for bankruptcy under Chapter 13 of the Bankruptcy Code, the aim is to get the opportunity to repay some or all of the debts on better terms, i.e. lower or no interest, a stark contrast to bankruptcy under Chapter 7 where your debts and property are placed in the hands of the court and liquidated to pay your creditors, this type of bankruptcy is often referred to as liquidation bankruptcy.

So how does one qualify for chapter 13? You’ll have to prove to the court that you can afford to meet your payment obligations. Therefore, having a regular income is one of the major criteria to qualify but if your income is irregular or an income which is too low, the court might not allow you to file for Chapter 13. Again, the amount owed by you should not exceed $336,900. Before you can file for chapter 13 bankruptcies, you must receive credit counseling from an agency approved by the United States Trustee’s office.

The most important part of chapter 13 is the repayment plan. Your attorney will prepare new repayment plan with help from your credit consultants to best suit your situation. As per the law, the creditors are required to adhere to the repayment plan once it is approved by the court.

So if you are buried in debt and there are no better solutions to change your situation ask your credit consultants more about Chapter 13 bankruptcy, it is there for a reason!

About the Author: Freedom Debt Relief

Source: isnare.com

Permanent Link: isnare.com/?aid=698969&ca=Finances