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Bankruptcy And Debts

Debt Management and Catching a breeze

Posted by James Breen at 28 March 2008 17:31

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Yesterday I linked to The ARTrepreneur, a website "Helping artists with the art of success." The site features articles on topics ranging from career planning to marketing to debt management. I found this resourceful online repository after further contemplating my own future in the arts earlier this week. I was immediately reminded this morning of my intent conveyed in yesterday's LinkLuv to write more about the business of art by a TechCrunch article. The article talks about the music .. read the rest part.

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A gathering wind is helping to propel the shift toward clean energy production. Indeed, although the market for wind-generated electricity is nascent in North America, the wind industry is an attractive area for project finance and structured-debt deals, particularly compared with biofuel development, which has been hit hard by the volatility of feedstock prices. But as an industry dependent on working with traditionally stodgy public utilities, and with technology dominated by a "Big Five" ..Read the rest of this post.

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Both types of bankruptcy may get rid of unsecured debts and stop foreclosures, repossessions, garnishments, offs, and debt collection activities. Both also provide exemptions that allow people to keep certain assets, although exemption amounts vary among states. Note that personal bankruptcy usually does not erase child support, alimony, fines, taxes, and some student loan obligations. And unless you have an acceptable plan to catch up on your debt under Chapter 13, bankruptcy usually does not allow you to keep property when your creditor has an unpaid mortgage or lien on it.


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