Archive for September, 2013
Did you know that in 450 BC, Roman law gave creditors the right to either kill or enslave their debtors? Today, however, bankruptcy is a way for borrowers to get out of debt. Although bankruptcy can sometimes harm your credit score, it is an effective way to partially or completely eliminate your debt. But why file for bankruptcy? There are many benefits of filing for bankruptcy, as it is a viable solution to get out of debt.
1. Bankruptcy eliminates your debt. This is one of the top reasons people file for bankruptcy. Depending on which chapter you file for, the bankruptcy will either partially or fully wipe away your debt. Chapter 7 bankruptcy, for example, will liquidate your assets for complete financial relief, while filing Continue Reading No Comments
Despite some efforts to go green and use alternative energy sources, the amount of oil that Americans use is still staggering. U.S. gas consumption totals about 378 million gallons per day, which is about the equivalent of nine million barrels. The fact that these numbers are so high means that oil and gas companies still play a major role inn society today. Lots of different production facilities depend on oil to maintain efficiency and it is used to produce a wide range of commercial products like solvents, polyester products, yarn, pens, upholstery, plastics, and others. As a result, high levels of Continue Reading 1 Comment