|
|
Annuity Transfer - What are the Risks
Annuity Transfer - What are the Risks
Many people who know in the back of their minds that they got the
possibility to transform a monthly payment or annuity long term
payments into a big lump sum and by that to relieve some
temporarily financial...
Conventional Financing For Wholesale Deals
This info is very important for both new and experienced wholesalers, AND buyers of fixer-uppers, to carefully read and understand. We learned it painfully, hopefully you won't have to :-)
Often times we are asked by investors about using...
Free Credit Report – Watch Out for Scams
Many people may still not be aware of an amendment to the Fair Credit Reporting Act (FCRA) that Congress passed last year. This amendment allows U.S. citizens to receive a copy of their credit report, for free, once per year. The plan is being...
Getting Cash Now for your Structured Settlement
If you've agreed to accept a structured settlement, it's likely
that you felt a sense of relief that your financial
uncertainties were being resolved, and that you'd have the funds
necessary to pay your bills, support your family and go on...
Structured Settlement Payments - The Who and The What
A structured settlement is a series of payments made over a period of time. People usually get them as a result of a lawsuit. For various reasons, people who receive these payments, sometimes wish to cash them out and get a lump sum payment. There...
|
|
|
|
|
|
|
|
Utah, the Nation’s Bankruptcy Capital
Congress recently passed the Bankruptcy Abuse Prevention and Consumer Protection Act, designed to minimize frivolous bankruptcy filings and to require debtors to repay some of their debt. Once it takes effect in October, 2005, the law will make it harder for those with problem debt to have their debt wiped away by the courts. Most will have to agree to a five-year repayment plan. In passing this new law, members of Congress suggested that our bankruptcy courts are filled with cases involving not ordinary citizens, but with reckless gamblers, shoppers, and drug abusers. Is that really the case?
One would think, given the accusations, that the highest bankruptcy rate in the Untied States would be in place where such vices were common, such as California, New York or even Nevada. If problem gambling is thought to be the cause of so much bankruptcy, then one might assume that Las Vegas would be the bankruptcy capital of the world. How odd it is, then, to discover that Utah, one of only two states that prohibits gambling completely, has the highest per capita incidence of bankruptcy filings in the United States. Utah? How can that be?
Utah has a number of aspects that, taken on their own, don’t suggest that bankruptcy would be a problem. Added together, however, these things create a recipe for disaster:Utah has the nation’s highest birthrate. Seventy percent of the citizens of Utah are members of the Church of Jesus Christ of Latter-Day Saints, and members are encouraged to have large families. It costs more to feed, clothe and house a large family than a small
one.
Utah has more families with only one wager earner. Large families mean more stay-at-home moms, so a lot of families must get by on a single paycheck.
Utah’s wages are lower than average. Many high tech companies have relocated to Utah in recent years, but the “high tech” jobs they provide are often telephone customer service jobs, which typically pay $8-10 per hour.
Members of the LDS Church are expected to tithe 10% of their income to the Church.
While Utah’s home prices are not among the highest nationally, they are fairly high when compared to the average wage within the state.
The combination of large families, fewer workers per family, church donations and low wages have contributed to an economic environment that makes it very hard for many Utahns to stay afloat financially. This is in direct contrast with the arguments put forth by Congress when the new bankruptcy law was proposed, which suggested that most people filing for bankruptcy are simply irresponsible. For many hard-working people in Utah, the new law will make it harder than ever to make ends meet.
About the Author
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and StructuredSettlementHelp.com, a site devoted to information regarding structured settlements.
|
|
|
|
|
National Structured Settlements Trade Association (NSSTA) |
Provides structured settlements using periodic payments to resolve claims. |
www.nssta.com |
  |
Structured Settlements |
Setting up structured settlements for personal injury claims. |
ilf.hartfordlife.com |
  |
Structured Settlements, Structured Annuity, Structured Settlement ... |
Full-service plaintiff structured settlement firm since 1986, providing services and strategies for personal injury lawyers and clients during the ... |
www.structuredsettlements.org |
  |
Structured Settlements | Annuity Purchasers |
Structured Settlement Buyers. Purchasers specializing in structured settlements and lottery winnings. Site contains attorney, broker and investor ... |
www.ppicash.com |
  |
Structured Settlement Cash for Structured Settlement Annuity ... |
Annuity Transfers Homepage - Buyer of Structured Settlements · Home | Sell Your Payments | Brokers | Investors | Testimonials ... |
www.annuitytransfers.com |
  |
EPS Structured Settlements Group: A Structured Settlements Company ... |
EPS Settlements Group is located in Denver, Colorado and is a founder of the structured settlements industry. |
www.epssettlements.com |
  |
Mckellar :: Structured Settlements |
News. ... Skip Intro Always >> |
www.mckellar.com |
  |
The Structured Settlement - What You Need To Know |
About two thirds of states have enacted laws which restict the sale of structured settlements, and tax-free structured settlements are also subject to ... |
www.expertlaw.com |
  |
Settlement Capital Corporation - sell structured settlements,sell ... |
Direct purchaser of structured settlements and other annuities. |
www.setcap.com |
  |
John Hancock Insurance and Financial Services :: Explore Our ... |
A structured settlements annuity provides injury victims or the victim's ... John Hancock Structured Settlements and Attorney Fee Annuities are just two ... |
www.johnhancock.com |
  |
Structured Settlements - Prudential Financial |
Your company may become liable to pay a settlement as the result of a legal proceeding. A Structured Settlement Annuity provides ongoing periodic payments ... |
www.prudential.com |
  |
Finance - Structured-Settlements Ezine Articles |
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
ezinearticles.com |
  |
Understanding Structured Settlements: A Novice's Guide to the ... |
Learn what a Structured Settlement is in plain English. Find Structured Settlements company, payments, broker, annuity and loan info. |
www.noendpress.com |
  |
structured settlements, personal injury, annuity, disability, accident |
Structured Settlements allow income to be spread over time, which is safer ... Structured settlements are often ideal under the following circumstances: ... |
www.structuredsettlementhelp.com |
  |
Structured settlement - Wikipedia, the free encyclopedia |
Structured settlements were first utilized in Canada and the United States ... Structured settlements are now part of the statutory tort law of several ... |
en.wikipedia.org |
  |
Structured Settlement vs. Lump sum - What to do? |
More and more claimants are choosing structured settlements. ... Most structured settlements come in the form of an annuity, which is sold by a third party, ... |
injury.freeadvice.com |
  |
Welcome to The Halpern Group, experts in structured settlements ... |
Offers structured settlements, consulting and negotiation services to attorneys representing injured clients. |
www.halperngroup.com |
  |
Structured Settlements Leader J.G. Wentworth, JG Wentworth ... |
Structured Settlements Leader JG Wentworth, JG Wentworth Settlement Funding - More than 25000 individuals have come to JG Wentworth to finance their dreams ... |
www.jgwfunding.com |
  |
DOG BITE LAW - Structured Settlements |
For those reasons, changes were made to the Internal Revenue Code that enable knowledgeable attorneys to create "structured settlements." ... |
www.dogbitelaw.com |
  |
Structured Settlements Law – Lawyers, Attorneys & Free Legal ... |
I am confused by the number of internet sites that plug offers of structured settlements, sale of structured settlement annuities, and attorneys who offer ... |
injury-law.freeadvice.com |
  |
|