What is Bankruptcy Counseling [mortgageinsuranceguide.blogspot.com]
Question by M Javed Iqbal: Religiously speaking, what does your insight say; who is the ruling nation today ? The United States of America is on the verge of Bankruptcy and her indebtedness exceeds 14 Trillion US $ . The dollar is no more the leading currency of the world. So what does your insight says ? Which is the ruling nation today ? Muhammad Javed Iqbal Mostafa, Many super powers have ruled the world. Like Greeks and Romans and the Pharaoh. None of them lasted for ever. So USA and her NATO allies will surely fall sooner than later. My question is who takes her place ? Best answer for Religiously speaking, what does your insight say; who is the ruling nation today ?:
Answer by TRUE CHRISTIAN.
islam. do what they say or violence happens.
Answer by TIGEREX
which ever one has the smart people in it
Answer by Chris Ancor
Australia.
Answer by John the Buddhist,-Lotus fan åå
hormones. we are going through a teenage phase.
Answer by Mostafa
U.S.A still some has some tricks up its sleeves. It has a strong policy as long as Jews and allies remain alive, they will continue to be strong even if Jews are 100 in population they can control the world. Please China is merely a puppet to the U.S.A and Britain. There will be no more superpowers after U.S.A Where is my magic crystalball------------>I do not need one the U.S.A is last
Answer by Jamie
Religion hasn't ruled the world in a long time. Today it's all about economics and China is the upcoming big-dog.
Answer by Liam
Canada.
Answer by Joe
China is the new ruler in waiting. They just need to sort out a few things first and wait and watch as America shoots itself in the foot. We are witnessing the beginning of the Chinese century. The only real challenge to this inevitability can come from a federal EU and a strong USA working together.
Answer by Sam
US is in financial crisis no doubt but where do you think China invests its Billions? That is right. In US. For that very reason China does not want US to go to dogs. It will only harm their massive investments. Secondly , all foreign debts are paid in dollars. Who would trust China when it comes to investing. End of the day all run to US with all its troubles.
AT 5:21 Transcript: Glenn Beck: Were back with Texas Congressman Ron Paul. Senator Gregg said that the United States is going bankrupt, and that Obama is going to bankrupt the United States of America. Do you believe that, Congressman? Ron Paul: Not quite, because I think its already bankrupt. Its insolvent, and we couldnt pay our bills. The official declaration hasnt been done yet but we couldnt pay our bills. Everything that we pretend that we owe theres no cash flow to pay for all the bills. Even if we sold every acre of land in this country I dont think we could pay our bills. So yes, the bankruptcy of America is here and I think this financial crisis should lend itself to our benefit, in that people will become outraged and maybe demand some changes here in Washington. Glenn Beck: So when you say we cant pay our bills, what does that even mean? It doesnt affect people when they realize now that the new number is 6 000 for every family of three. 6000 every American family now owes. People just think, Im not going to have to pay that, it will just roll over into something else. Ron Paul: No, if you cant pay your bills then you have to go out and borrow it or work harder, and everybody understands that. The government cant pay their bills, they dont have the money. The tax revenues are going down and the bills are going up. We dont slow up on the spending, we quadruple the amount of spending. But they have a printing press and they print the money. People still ...
mortgageinsuranceguide.blogspot.com Ron Paul: The United States is Bankrupt
ESCANABA -- Some people fall into bankruptcy when they have an inability to pay their debts as they become due. But what does filing for bankruptcy do to your credit? According to attorney Russell Hall, there are between 700 to 1000 bankruptcies filed ... How bad is bankruptcy?
Individuals suffocating under the weight of crushing debt often believe filing for bankruptcy is their only option. The decision to file for bankruptcy is not one to be taken lightly, and it is one of the most serious and most frightening financial situations someone may ever have to face.
Because of the consequences associated with filing for bankruptcy, bankruptcy counseling is not simply a recommendation of professionals; it is actually required by law. The government requires proof of bankruptcy education, so individuals who are considering filing should participate in bankruptcy credit counseling for a bankruptcy certificate through an accredited, approved credit counseling agency.
If you are considering bankruptcy counseling, it is important to remember that bankruptcy counselors are not able to offer legal advice.
What to Expect from Bankruptcy Counseling
During a typical counseling session, a trained, professional credit counselor will assess your financial situation using information such as your net income, expenses and spending habits, and your current credit score information. In order to do so, you will want to come to your counseling session with certain information in hand, including pay stubs, bills, and credit card statements. The more information you are able to provide your counselor, the better he or she will be able to analyze your situation to give you the best possible options and alternatives to bankruptcy. For some consumers, a personalized budget management program may be all that is needed in order to avoid bankruptcy. For others, consolidating bills through a debt management program might be the best option. There are, however, cases where bankruptcy is the final, and only, option.
In addition to bankruptcy education and exploring all possible alternatives, your credit counselor will also provide education on how to balance your monthly expenses against your income so that you are no longer spending more than you make.
A bankruptcy counseling session typically runs anywhere from 60 to 90 minutes, and can be completed either in person, over the phone or even online. Upon successful completion of a bankruptcy counseling session, you will be issued a bankruptcy counseling certificate, a full budget analysis, and a copy of your personalized financial action plan.
Look for a non-profit credit counseling agency approved by the Executive Office of the United States Trustees that will provide the best bankruptcy education and give you the tools you need to develop a solid financial plan for your future. More What is Bankruptcy Counseling Topics
