I have a relative ("Lou") who is in debt. Lou is in his early 30’s. The debt is more than K. Lou seems depressed, and I believe spends (restaurants, clothes, etc) as an escape from real life. In the past, the family has repaid Lou’s debt without conditions, but every time more debt appears later. This time, the family offered to refinance the debt only if Lou hews to a budget. Lou is resisting the budget since it imposes controls that any adult might resist. Plus, Lou is worried about his life being in too much flux and not being able to guarantee he can live within the budget. The only alternative is for Lou to default on his debt. We don’t really want that because of the long-term implications of bankruptcy. We also worry about pushing Lou "over the edge". There is no drinking or drug problem. There may be a gambling problem. What do we do? Lou refuses to go to counseling.

Technorati Tags: adult, bankruptcy, budget, clothes, counseling, drug problem, gambling problem, quot, restaurants, term implications

No new developments (at least I didn’t hear any), but I ran across this interesting piece of tidbit today. I was going through old podcasts of The Hour with George Stroumboulopoulos on my iPod and watched an uncut, half-hour interview with Bettman back in February. Just before the 12:00 mark, this is what transpired:

Stroumbo: "And again, I mean this very sincerely, the NHL are running the Phoenix Coyotes. How is that not a disaster?"

Bettman: "Well-well, we’re not really running them. I mean, Doug Moss is still operating them, Jerry Moyes is the owner…"

Stroumbo: "But other franchises are paying for them, right?"

Bettman: "No, no, no, no, you see, that’s where the…*Strombo about to interupt with another question but Bettman pushed on* What-what’s happened is, we have advanced monies that the club would be ultimately be entitled to…to this point. So that, you know, revenue sharing, national TV, we’re dealing with their cash flow issues. But, what’s the alternative? Not have them go through this season? You do the things that’re necessary to make it work."

Stroumbo then asked him if the Coyotes would play there next season, and Bettman answered that the league has "every expectation that they will." They then went on to expansion issues.

Bit of hesitation there. I know there are some things that you need to keep private from the media, but which is it, Gary? Were you or were you not running the Coyotes as of November ‘08 as you kept saying to the media? Or was it really Doug Moss who’s running shop as you said in February?

For the edited interview that aired (and doesn’t contain this segment), http://www.youtube.com/watch?v=nyl9jo4BLec

For the entire uncut interview that has this part and I can’t find on youtube, it’s a little bit more complicated and I can’t guarantee it’ll work. Open your iTunes, search "The Hour podcasts," and subscribe. The uncut interview is not available for download by itself though. Once you’ve subscribed, go all the way back to February and see if it’s still available for download. This is the only way I can figure out how to watch it for non-subscribers. If someone else can find it on youtube, by all means, post the link.

So what do you think? Can this be used at all to cross-examine Bettman, either back in court or during mediation? This certainly is evidence and should be treated as such according to the rules in bankruptcy laws. Any rebuttal in support for Bettman or against my own arguments?

Technorati Tags: cash flow issues, coyotes, doug moss, expectation, franchises, half hour, hesitation, hour with george stroumboulopoulos, ipod, jerry moyes, little bit, monies, national tv, new developments, nhl, phoenix coyotes, podcasts, quot, segment, tidbit

1: in order to get to "utopia" we will need thousands of more entitlement programs,handouts,etc.

2: We’re bankrupt already – and can not afford the current entitlement programs

3: Our debt is already at unprecedented levels.

So, how are we going to pay for current entitlement programs, future entitlement programs, and Trillions of dollars of debt all the while jobs continue to disappear overseas?

Obama can’t keep spending his way to wealth forever – eventually we will have to "Pay the Piper".

Technorati Tags: entitlement programs, jobs, obama, piper, quot, trillions, unprecedented levels, utopia

I know he’ll be creating jobs with alternative energy, but coal workers do not specialize in alternative energy… they know how to do coal work, so they’ll lose their jobs. How many workers will be out of work and be forced to find something completely out of their field?
Oops… change the "of" to "if" in the question
I have seen ONE answer in here that was close to answering the question. If you don’t have a reasonable answer for the question, please don’t answer.

Technorati Tags: alternative energy, answering the question, coal workers, jobs, quot

Solutions to Islamic Terror:

1) Do nothing at all (extreme Christian/Leftist view)
2) No military action, but seal every nook and cranny (mainstream Christian/Leftist view)
3) Proactively confront Islamic countries who harbor terror camps (mainstream conservative view)
4) Nuke Mecca (anti-islam view)
5) Ban Islam in America.

Choices 2 & 3 are not solutions. Islamists realize that either choice leads to bankruptcy and ruin. Its impossible to seal every nook and cranny, and even if it was, we would go bankrupt before sealing 20% of the "vulnerablities".

Iraq, Afganistan or any other Islamic theater of war is another "bleeding" alternative, as we can see now. Because American culture believes in a lefitst-santized version of "war", we give the enemy the advantage. America soliders are not soliders, they are "security" personel waiting for the Islamist to shot him.

If we banned Islam, would we need to seal every port and plane or fight overseas? Ok…go on being PC…go on.

Technorati Tags: advantage america, afganistan, american culture, amp, bankruptcy, choices, conservative view, iraq, islam in america, islam view, islamic countries, islamic terror, islamist, mecca, military action, nook and cranny, personel, quot, soliders, theater of war

I personally say no since charity starts at home and if your filing bankruptcy that means you don’t basically have the finances for anything extra such as 10 percent tithing. What do the rest of your think?
~FYI~ Senator Orin Hatch of Utah and Baraq Obama are in favor of this bill
So it is alright to default paying others their money but it is alright to keep giving money to whatever church you happen to belong to, interesting—-
The Salt Lake Tribune/December 7, 2006
By Thomas Burr
Washington – Congress has passed legislation co-sponsored by Sen. Orrin Hatch, R-Utah, that would allow a person to contribute to charity or pay religious tithing during the course of a consumer bankruptcy. The bill, also sponsored by Sen. Barack Obama, D-Ill., passed the House on Wednesday; the Senate approved the measure in September. "Congress has a long history of protecting our religious freedom to tithe," Hatch said in a statement. "That was our intent when we enacted bankruptcy reform last year, and this bill clarifies the law so that those who tithe can continue to live their faith while in bankruptcy." A ruling by a New York bankruptcy court earlier this year prompted the legislation. The judge ordered that an upper-income couple filing Chapter 13 bankruptcy could not pay tithing to a church until all creditors were paid first.

Technorati Tags: all creditors, bankruptcy court, bankruptcy reform, barack obama, baraq obama, burr washington, chapter 13 bankruptcy, consumer bankruptcy, filing bankruptcy, filing chapter 13 bankruptcy, giving money, hatch of utah, orrin hatch, quot, religious freedom, salt lake tribune, senator orin hatch, thomas burr, tithing, washington congress

When I checked my credit report i saw several companies i had owed money to still showing "in collections" and not charged off in bankruptcy. today i just revieved another notice saying i owed this company money when it was to be put on my bankruptcy. Should i send them a copy of my bankruptcy? I didnt do a repair or contest thing with my credit report on items that should of been on my bankruptcy is there more i should be doing? FYI i did the bankruptcy on my own and not with an attorney.
oops I meant i did do a repair on my credit report.

Technorati Tags: bankruptcy, collections, company money, credit report, quot

God’s very own nation—Israel, has socialized medicine. They defy the Biblical teaching of, "if you can’t afford surgery, *&^% you, you either die or go bankrupt!" How are they getting away with the evils of socialized medicine in the land where Jesus is supposed to return. Other nations with God-fearing people, Ireland, Malta and Poland, devout Catholic countries where people do the right thing and forbid gays to marry or recruit the children, of course, also have socialized medicine —how can they serve God and defy his will by not letting the insurance companies flourish according to what the Bible mandates, "Thou shalt do nothing that would interfere with the profit margins of Aetna and Blue Cross, screw the sick, they’re a drain on society!" What is this? Why isn’t God torturing all these nations and punishing them for their anti-Biblical stance and embracing this asinine theory that no one should go bankrupt or be denied health care.

Technorati Tags: aetna, amp, bible, blue cross, catholic countries, do the right thing, evils, god, health care, insurance companies, ireland, israel, jesus, malta, medicine, nation israel, poland, profit margins, quot, screw

This is a question related to last week’s question kindly answered by helpful person…"is not paying unsecured credit card debt an alternative to bankruptcy [?] ". The answer included info that my wages could not be garnished in TX. I now need to know about NM & AZ.
Considering I can’t do debt consol and would very much like to avoid bankruptcy….I am trying to put my life back together after ex husband in TX surprised me by divorcing me after 14 yrs. and then filed bankruptcy himself instead of filing as a couple (which he had told me he would do-as a couple) and in doing so dumped debts on me. Collectors who can’t collect from him are now calling me. THANKS GREATLY FOR YOUR HELP.

Technorati Tags: amp, bankruptcy, credit card debt, debt consol, debts, quot, unsecured credit card, wages

We are the co-signer on an auto loan for a relative. We are having to file a Chapter 7 bankruptcy. I need to know how exactly that will affect the main borrower. We are planning on "reaffirming" the loan, so that the person will not lose the car.

Will this mean that we will be removed from the loan and the main borrower will be responsible for all payments and keep the vehicle? Or will it mean that we will still be on the loan after the bankruptcy? Or what are the other possibilities?

Technorati Tags: auto loan, chapter 7 bankruptcy, co signer, possibilities, quot

We are looking to purchase our first home in the Denver area in about a year. We both have bad/old credit(both of our credit scores are below 600) Our income will be around 75k(I am finshing up nursing shool)

We are trying to see if this is even possible or if we should just be content renting for several more years.

We are expecting a higher interset rate. I have heard of "B loans" & "sub prime lenders" and have been trying to look into them.

We are trying to decide if we should just file bankruptcy now and see if our credit gets better or if it is possible to get a loan?

Will we need 20% down with this bad of credit, or can filing bankruptcy help that?

Technorati Tags: amp, credit scores, denver area, filing bankruptcy, interset rate, loans, quot, sub prime lenders

Hi. My husband and I have decided that our only option at this point is to file chapter seven and walk away from our home. We’ve sought out many attorneys and have been blown away by how much they’ve asked us to pay. I can’t tell you the number of times I’ve wanted to scream, "IF WE CAN’T PAY OUR MORTGAGE AND BILLS, HOW IN THE CRAP DO YOU EXPECT US TO PAY THAT? I THOUGHT YOU WANTED TO HELP!!!!" Recently I’ve come across "Do It Yourself" Bankruptcy Kits. They seem to be pretty popular, however I was wondering if there’s anyone out there who’s had success with one. I am of average intelligence and consider myself smart. But are these things difficult to understand? And I’ve heard if you don’t get everything just right, that you could really mess yourself up in the future. I would greatly appreciate any advice. Thanks so much for reading and responding!

Technorati Tags: amp, attorneys, bankruptcy kits, blown away, chapter seven, crap, intelligence, mortgage, quot

My mom and my fiance need the cheapest way to file bankruptcy. They both qualify (done consults with lawyer who quoted them at almost ,000 to file). I can use all the help I can. Info on how to get what can be filed against, how to file (by lawyer CHEAP/FREE or doing it yourself), how to get the account info on everything that needs to be filed against (FREE PLEASE). My mom is without a job currently (looking for a new job) and my fiance and I struggle paycheck to paycheck with our baby girl. We need something that is going to get them out from underneath a WHOLE LOT of debt the quickest. We have no money.

THanks,
Belinda
My fiance (not sure on my mom) cannot do ANYTHING to pay back ANY of his debt! It is over ,000 (at least).
Also I see one answer say that "you WILL lose everything" well it is hard to lose everything if they have NOTHING! All he has in his name is a car (not worth anything according to Blue Book Kelly) and a bank account with NO MONEY in it anyway. His ex wife get 55% of his paycheck for current and back child support. I don’t know what is going on with my mom, I don’t ask anymore. But I know how it is with my fiance, we don’t make any money and we don’t have any money. He doesn’t own anything of value!

Technorati Tags: baby girl, bankruptcy, blue book, fiance, lawyer, looking for a new job, mom, money, paycheck to paycheck, quot, whole lot

"Donald Trump has filed bankruptcy twice and yet he still can get credit for whatever he pleases. Don’t You want to know his Secrets!
http://juanleah.newbyr3.hop.clickbank.net Don’t
believe me! See for yourself!!!"

I SAW THIS ON THIS WEBSITE

Technorati Tags: bankruptcy, donald trump, quot

I am going to file bankruptcy on everything that I own. I recently bought furniture and bought it from "in store credit." So my question is will the furniture company come and get the furniture that I still owe on? Do I get to keep it? I sold one piece of furniture that I owe on what will happen with that?
Help Me!

Technorati Tags: bankruptcy, furniture company, piece of furniture, quot

I recently declared Chapter 7 Bankruptcy. I re-affirmed my Auto Lease. Will this help to re-build my credit score? I’ve heard the "get a credit card and use some and pay-off or keep 10%" idea. But can the lease have the same effect without having to open another credit card agian? I am looking for the easiest way to build credit without a credit card. But if i have to, i guess i will.

Technorati Tags: auto lease, chapter 7 bankruptcy, credit card, credit score, quot

How do I know I should file for bankruptcy? What happens when I file? I live in NJ. I feel I should but what will happen if I do. I am 23 years old and it has been extremely hard for me to pay back anything. I was doing well until I got an unnecessary judgment put on me. (Which is on this link: http://answers.yahoo.com/question/index;_ylt=AjFS14c7T3RPLXBbkja_oPUjzKIX;_ylv=3?qid=20090809082945AAsDabI "

What should I do? Some one please help me.

Technorati Tags: 23 years, bankruptcy, judgment, question index, quot, yahoo