LEHMAN BROTHERS SIPHON $8B: Another BCC Pricewaterhouse Coopers Bankruptcy of History $613B Debt let at $1.54B to Barclays. Is it the same Bush-Pelosi-Paulson $700B Bailout to pay Lehman Indirectly? Otto Liman Von Sanders must be Masturbating in his Grave

Obaid Karki An Outcast Underdog Libertarian Kabbalist Diogenesist Spinozists Qutbist Pantheon Hexalingual AutoMATH UAE former Secretary Independent Street-Knowledge Urban Talking-head unaffiliated to a state, a group of organized religion, a sect or a Kin and an Anti Tribal Gentile Each phrase is one Thats my bio serious case, if you agree with me, which is currently an honor It is immoral to appease to please My word hurts big time because it is the quality of a moment of truth U.S. conspiracism ...



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Dave Ramsey on How to be Financially Successful

Extra content from the documentary "Out of radio financial guru Dave Ramsey," Tough Love "man in the vein of Dr. Phil, who teaches in this video, how to get out of debt and accumulate wealth - Maxed simple and elegant. Watch this repeatedly to burn the ideas in your brain. ... Finance Debt Credit Bankruptcy responsibility Wealth Dave Ramsey



http://www.youtube.com/watch?v=b--HwXE3064&hl=en

Commercial Tenant Bankruptcy? What Now?

Lately I'm like the Chinese curse, that the listener "recalls interesting times," and the dynamics of desperate tenants with credit lines and inventory / equipment capital, and the frantic owner, a mortgage has been interesting, in fact, in the past time. Seems like tenants inability to its commercial lease obligations are not met, a recurring issue. So, what the parties have considered?

If a tenant can not convince their landlord of their lease obligations in releaseeconomically difficult times, then it can just before the sad path of bankruptcy. Consequently, landlords and tenants need to remember to check the documentation to the status of guarantees. If the payer does not guarantee the tenant, or if only one spouse signed a separation agreement should be approved, there can be no reason to file bankruptcy relief.

Recall that a guarantee signed by a spouse binding only on the separate property of the signing spouse, not the individualNot to sign the property of the spouses, nor to the () unsigned undivided interest of the spouse in the community property of the Arizona-based guarantor. (The same applies if the guarantor principal is a resident in California, Washington and several other western states have.) Many communities little marriage separate property, which is accessible through the execution of judgments.

If there is no effective guarantee of the tenants have little incentive to file for bankruptcy, but if the tenantwould like some important equipment or inventory to protect from execution or seizure and sale under lien) an owner (or liens or interests of other parties [see below], then bankruptcy may be in order.

What should the owner, if it reasonably certain that a bankruptcy is imminent? Before answering this question, how best to read, then the landlord to the tenant who claims that he intends to do so? There are some behaviors that a receiver signal can be expected.At the conclusion of the premises ( "going dark") or, if the owners say they have the locks after a monetary default by a tenant usually a good sign of a threat of bankruptcy, except in cases where a tenant all their goods moved and has changed by more than one location-in this case, closure can only point of reference for the consolidation of holdings or services. Transfer of the owner a business card from the office of a bankruptcy attorney cananother indication of impending action. The seizure of the tenant's inventory, equipment or facilities to trade in a secured lender or equipment lessor is a sign that the submission is very likely. Another tenant is the announcement of a severe restriction of operating hours or to reduce personnel to a level well below the usual complement of staff in the workplace.

While the tenant lockout (once available as a landlord to fix) are without effect termination of the tenancy the tenant to make, receiverent to back CAMs or other lease amounts if the money is available, they are useless if the tenant can not capture the delinquency (s) in the implementation of the rental and a bankruptcy appears inevitable. If it gets no reasonable hope for the tenant's obligations, the landlord's appeal carefully the section of the lease. Upon the termination is an option, without notice to the tenant, the landlord has the option of termination of tenancy by notice to the tenant of the Summary ViewTermination.

The automatic stay of bankruptcy under § 361 of the Code shall not apply where a landlord if the asset is not property of the bankrupt estate. The landlord breaks the lease right before the date of filing of the bankruptcy, landlord ends the risk that consume the tenant to (assumed to be 120 days with no compensation for owners in the meantime - and to assume or assign) or reject the lease in bankruptcy, if the tenant isReorganization under Chapter 11 (Of course, in a Chapter 7 bankruptcy trustee in control of the premises before making a decision about whether the lease is in the case makes a liquidation value, an unlikely circumstance in the vast majority of bankruptcy filings. Even in the current financial environment, it would be rare indeed for a Chapter 11 debtor in a position to apply to an assignee of the lease obligations, unless it was in connection with the sale of operationsBusiness.)

Consequently, the landlord must comply with the bankruptcy notice against fire "silver bullet" when it appears likely that the tenants will soon be before a federal court to defeat the introduction of the automatic stay? Well, not always. The landlord has some things in the decision matrix. How long the tenant can hold before the filing for bankruptcy? For more from the date of termination, the lessor can not recover future rent through the planned endDate of the lease, it is a recovery of the delinquent rent and other charges shall be limited before the date of filing of the tenant. , The lease early, the cost of the rental potential rent payments for a certain period.

Another aspect is that competing claims to the non-leasehold property of the tenant. It is conventional equipment lessors or lenders with a perfected security interests in certain assets (or the FDIC if the lender has against insolvency), or theSBA, which guarantees a business loan and took a security interest or a franchisor or analog asset provider. Another factor is: If the tenant parked remove all personal items from the premises of the lessor or much of it not remain on the premises, even if the tenant "after dark?" In addition, there must be a review of the lease file to see if the owner has signed a subordination of its statutory lien position against the personal property. Or-wait-is it matter,With the dissolution of the lease was terminated by the landlord? Recall that if the lease is finished, there is no landlord-tenant relationship, and in this case, as it can be a "landlord" lien law? If a former owner landlord waived their status, there goes the lien.

The last situation is a dilemma for the owner. If it has the lease before the property is terminated the tenant finally eliminated the automatic stay of the lessor impact options for achieving theCommercial devices. While it may be a landlord to provide administrative requirement in Chapter 11 for the current premises of the property layout after login to the storage that is not much to do position the premises for re-letting.

Thus, the landlord's lease, reciting happy to carry out that (a) upon termination of the tenancy, the tenant's property is still within the premises as the tenant, and (b) that this "convention would be abandoned to survive" termination ofLease? If the landlord is not so well positioned, then the landlord is to consider the course of the following behavior:

- Research, whether it backed other parties with a status of the owner, lessor or party with respect to personal property;
- Decide to resolve whether the lease before bankruptcy;
- A high-quality camera is moving or still, take a photographic inventory of all property of the tenant (within the premises this will avoid liability in the facefuture allegations of theft, destruction or damage to property or personal effects of the tenant's employees of the tenant);
- If the landlord has decided to cancel the lease and there is more space available to the landlord's strategic move, the personal property of the terminated tenant, the more beneficial situation carefully and minimize damage or loss to the property. Re-video personal property after the move is complete, documented the state of stocks.

MyCustomers complain about this responsibility for the remaining tenant of personal property more frequently than any other aspect of the bankruptcy (other than a tenant can not be allowed to use it primarily for it to live its business). First, they believe that the ipso facto principle "simply wrong", so they should not be for every dimension of the future tenants responsible because the lease provides that a bankruptcy of a standard material and the tenants and their clients isdeserve everything they get from the date of the application submitted. Second, there is a considerable gap between the separate notion that the owner has the right to terminate lease before the bankruptcy filing, but not to the tenant the property within the next dumpster or on the sidewalk with a "free stuff Throw themselves" in characters at the top of the heap. Of course, that ignores the possibility that there are other actors in possession of the land besides the fact that there maybe some recovery to the landlord of an administrative claim. And above all, ignored the reality that ignore the termination of the real right of the landlord tenant not separate license for the automatic stay of the Code in relation to other debtors assets in the leased premises.

Free Minds TV October 17, 2008 (EP 81)

Shown this week is Iceland on the brink of bankruptcy when the U.S. Debt Clock is 10 trillion dollars. Also, the TSA can not pursue their own uniforms, badges, cards, and security, freedom, and some local activists took over and illegally searched by the police, and the Downsize Dispatch. www.freemindstv.com ... free minds tv inflation Iceland economic gold standard police national debt clock 10 trillion U.S. dollars libertarian news nh



http://www.youtube.com/watch?v=CkjZv05cIAU&hl=en

Let the Lawsuits Begin - Banks Brace For a Storm of Litigation

Suggested in an article in The San Francisco Chronicle in December 2007, attorney Sean Olender, that the real reason for the subprime bailout measures by the U.S. Treasury Department is proposed, was not to keep strapped borrowers in their homes as much as to prevent a flood of any action against the banks. The plan then on the table was an interest rate freeze on a limited number of subprime loans. Olender wrote:

"The only goal for the freeze to prevent the owner of mortgages that supportsSecurities, forcing many of them foreigners, from suing U.S. banks and to buy back worthless mortgage securities at face value - now almost 10 times their market worth. The ticking time bomb in the U.S. banking system does not reset subprime rates. The real problem is the contractual ability of investors in mortgage bonds to require banks to buy back the bonds at par, if fraud in the origination process.

"... The catastrophic consequences of bondForcing investors to buy back loans at face value authors have discussed the current media. The loans in question dwarf the available capital at the largest U.S. banks combined, and investor actions would raise stunning liability sufficient to mean that even the biggest U.S. banks to fail, resulting in massive taxpayer-funded bailouts of Fannie and Freddie, and even FDIC. . . .

"What would be prudent and logical is for the banks that this toxic waste to the buyback and for a saleMany people in jail. If they knew about the fraud, they should buy the bonds back. "1

The thought could send a chill through even the most powerful investment bankers, including Treasury Secretary Henry Paulson himself, who was chairman of Goldman Sachs during the heyday of toxic subprime paper letter from 2004 to 2006. Mortgage fraud was not limited to the representations to lend to borrowers or documents, but in the construction of the banks 'financial products'themselves. Among other design flaws is that securitized mortgage debt has become so complex that the ownership of the underlying security was often lost in the shuffle and without a rightful owner, there is no one with standing to foreclose. That the procedural requirements problem prompted Federal District Judge Christopher Boyko to rule in October 2007 that the German bank had no authority, on 14 Mortgage loans held in trust for a pool of mortgage-backed securities holders.2 If foreclose was greatNumber of defaulting homeowners should lacked their foreclosures on the ground that the plaintiffs had sued to contest, trillions of dollars in mortgage-backed securities (MBS) could be at risk. Irate securities holders might then respond with litigation that could indeed threaten the existence of the banking Goliaths.

STATES LEAD THE CHARGE

Bring MBS investors with the power of the most important processes are state and local governments, which hold substantial parts of theirAssets in MBS and similar investments. A harbinger of things to come was a complaint to 1 Filed in February 2008, sold by the state of Massachusetts against investment bank Merrill Lynch, for fraud and deception for about $ 14 million worth of subprime securities to the City of Springfield. The complaint about the sale of "certain esoteric financial instruments known as collateralized debt obligations (concentrated )..., The CDOs were unsuitable for the city and that within monthsafter the sale, became illiquid and lost almost all their value. "3

A month earlier, the city of Baltimore sued Wells Fargo Bank for damages resulting from the subprime debacle, alleging that Wells Fargo had intentionally discriminated in selling high-interest mortgages more frequently to blacks than whites, in violation of federal law law.4

Another innovative suit filed in January 2008 will be published by Cleveland Mayor Frank Jackson against 21 major investment banks, so that theSubprime lending and foreclosure crisis in his city. The suit targeted the investment banks that fed off the mortgage market by buying subprime mortgages from lenders and then "securitized" them and sell them to investors. City officials said they hoped to recover hundreds of millions of dollars in damages from the banks, including lost taxes from devalued property and money demolition of thousands of abandoned houses and catering. The defendants included German bank giantBank, Goldman Sachs, Merrill Lynch, Wells Fargo, Bank of America and Citigroup. They were charged with creating a "public nuisance" by irresponsibly buying and selling of high-interest home loans, which defaults that depleted the city tax base and leftist district to rubble.

"For me, this is nothing more than organized crime and drugs," Jackson told the newspaper the Cleveland Plain Dealer. "It has the same effect as drug activity in neighborhoods. It is a form of organizedCrime, which happens to be legal in many respects. "He added, in a videotaped interview:" This process said: "Surely you do not like this no more for us." 5

The Plain Dealer also interviewed Ohio Attorney General Marc Then, a condition that the trial of some of the investment bank is considering. "There is clearly a wrong," he said, "and the source of Wall Street. I'm glad that some companies have on my hunt."

However, something strange happened on the way to the courthouse. AsNew York Governor Eliot Spitzer, Attorney General, then wound up his post in May 2008 after a sexual harassment investigation in his office.6 Before they were forced to resign, both prosecutors read into the tail of the banks, trying to impose liability for the destructive wave of home foreclosures in their jurisdictions.

But the hits keep on coming. In June 2008 California Attorney General Jerry Brown Countrywide Financial Corporation, the nation suedlargest mortgage lender, for causing thousands of foreclosures by deceptively marketing risky loans to borrowers of credit. Among other things, alleged the 46-page complaint that:

'Viewed' the defendant borrowers nothing more than tools for producing more loans, originating loans with little or no regard for long-term borrowers ability to maintain it and make home ownership ...

"The company routinely ..." Shut one eye 'to deceptive practices by brokers and private loansAgents despite 'numerous complaints from borrowers claiming that they did not understand their loan terms.

"... Underwriters who confirmed information on mortgage applications were 'under pressure ... For processing 60 to 70 loans per day, so careful examination of the financial situation of the borrower and the adequacy of the loan product for them nearly impossible. "

"Countrywide's high-pressure sales environment and compensation system encouraged serial refinancingof Countrywide loans. "7

Similar complaints were filed against Countrywide and CEO of the Illinois and Florida. These suits seek not only damages but cancellation of the loans, creating a potential nightmare for the banks.

An avalanche of class action lawsuits?

Massive class action lawsuits by defrauded borrowers may also in the works. In one case, 2007 in Wisconsin, which is now held in his appeal, U.S. District Judge Lynn Adelman, that Chevy Chase Bank had violated the Truthin Lending Act by hiding the terms of a variable-rate loans, and thousands of other Chevy Chase borrowers could join the plaintiffs a class action on that ground. According to a 30th June 2008 report in Reuters:

"The judge transformed the case from a run-of-the-mill class action to a potential nightmare for the U.S. banking industry by also finding that the borrowers of the bank to cancel, or could force from their loans. This decision was stayed pending an appeal to the 7thU.S. Circuit Court of Appeals that are likely to rule every day.

"The idea of the cancellation charge loans come in a flood of foreclosures has been caught in other districts, an action filed last week by the Illinois attorney general asks a court to waive or Countrywide Financial mortgage under" unfair or deceptive practices caused to be reformed. "

"... The mortgage banking industry already faces pressure from federal and state regulators to reduce the banks' underwriting defendantsStandards and forcing some borrowers, through fraud, into costly adjustable loans that the banks later bundled and sold as high-yield investments. "

Truth in Lending Act (TILA) is a 1968 federal law, consumers against lending fraud by requiring clear disclosure of loan terms and costs to protect. It lets consumers seek rescission or termination of a loan and the return of all interest and fees, if we find a lender to be in violation. The beauty of the Constitution saysCalifornia bankruptcy attorney Cathy Moran, is that it provides for strict liability: the aggrieved borrowers do not have to prove that they personally defrauded or misled, or that he is the real harm. The mere fact that the data contained defective gives them the right to rescind and deprives the lenders of interest. In small sample of Moran's review, at least half of the loans contained violations.8 When TILA class actions found to stand for cancellation of loans availableis based on fraud in the disclosure process, could the result of a flood of class suits against banks all over the country.9

Relocation of BACK TO THE BANKS LOSS

Withdrawal can be a means available, not only for borrowers, but for MBS investors. Many loan sale contracts provide that the lender must withdraw its terms loans that default unusually quickly or that contain errors or fraud. An avalanche of cancellations could be disastrous for the banks. Banks were moving loans from theirBooks and sell them to investors so that many more loans than would otherwise have been allowed under banking regulations. The banks are complex, but for every dollar of shareholder of a bank has on its balance sheet, it should be limited to about $ 10 in the form of loans. The problem for banks is that when the process is reversed, the 10-1 rule can work the others: in one U.S. dollars of bad debt back on books of a bank lending through its ability to reduceFactor of 10 As mentioned in a BBC News story citing Prof. Nouriel Roubini for authority:

"Help prevent [S] ecuritisation to banks to 10:1 The Regulators" rule is the key. To their risky loans have potential buyers will be more attractive, banks used complex financial engineering to re-pack them so they looked super-secure and well paid are more than what offered equivalent super-safe investments. Banks also found ways to get loans from their balance sheets without selling them altogether. It develops bizarreNew financial firms - "Special Investment Vehicles or SIV - in which loans could be held technically and legally not in stock, out of sight and beyond the scope of the rules of regulatory authorities. So, once again, SIVs made room on the balance sheets of banks in to take the credit.

Have "The banks were getting round the rules of regulatory authorities by selling their risky loans, but because so many of the securitized loans were bought by other banks, the losses were still inside the banking system. Loans instead of SIVwere technically on the balance sheets of banks, but if the start value of the loans in SIVs, collapse, the banks that set them in establishing that they are still responsible for them. So losses from investments which might not have the scope of 10:1, the supervisors' rule began to turn, suddenly, up on bank balance sheets.... The problem now facing many of the largest contributors to that, when losses appear on the balance sheets of banks, the regulator typically 10:1 comes into play againTo reduce losses, because a shareholder of the bank capital. "If you have a $ 200 billion loss that reduced your capital by $ 200 billion, you have to credit the [reduction by 10 times as much," Prof. Roubini] explains. "It could be a reduction in the total credit granted to the economy of two trillion U.S. dollars to have." 10

You can also have some very bankrupt banks. The equity of the top 100 U.S. banks stood at 800 billion U.S. dollars at the end of the third quarter of 2007. Banking losses are currently expected that, as with the risemuch as 450 billion U.S. dollars, enough to erase more than half of the banks' capital bases and leave many of them, if insolvent.11-backed debt to flood the courts with viable defenses, their debt and mortgage securities holders had their securities Challenge could be the result even worse.

IMPLEMENTATION OF THE GENIE back in the bottle

So what would happen if the mega-banks with which these irresponsible practices actually went bankrupt? These banks are becoming widely recognized byGuilt, but they expect to be rescued by the Federal Reserve or the taxpayers, because they are "too big to fail." The argument is that if they were allowed to collapse, it would promote the economy. That is the fear, but it's not really true. We need a ready source of credit, so we need banks, but we do not need private banks. It is a little-known, well-hidden, that the banks are not lending their own money or not even the money of their depositors. You actually create the money theygiving and the creation of money is actually a public, not a private function. The Constitution delegates the power to create money to Congress and only Congress.12 For loans, banks are extending credit, and just the right agency for extending "the full confidence and prestige of the United States" means the United States is .

There is more at stake than just the fair treatment of injured homeowners and investors in mortgage-backed securities. Banks and investment houses are nowbrings you the last drop of blood from lending the U.S. government's rating, "borrowing money and unloading worthless paper on the government and taxpayers. When the dust settles, it will be banks, investment brokers and hedge funds for wealthy Investors who want to save. The repossessed will be expropriated, and unless your pension fund has invested in politically well-connected hedge funds, you can probably kiss goodbye, as teachers in Florida already have.

ButBanking genius is a creature of the law and the law can it back into the bottle. The imminent collapse of very large banks, the government was able to obtain the ability to take control of their finances. More than that, it could provide the means to prevent the otherwise unsolvable problems now threatening to destroy our standard of living and our standing in the world. The only solution that will be more than a temporary solution, the power to create money to take away from privateBankers and sends it along to people. So it has been on the whole should be, and how it was in our early history, but we are so used to the banks to private firms, we forget that the public banks of our forebears. The best of the colonial American banking models was developed in the province of Benjamin Franklin of Pennsylvania, where a state-owned bank issued money and lent it to farmers at 5 percent interest. The interest was for the government, rather than backTaxes. In the decades that that system was in operation, the province of Pennsylvania operated without taxes, inflation or debt.

Instead of the established rescue plan for failed banks and send them happily on their way to the Federal Deposit Insurance Corporation (FDIC) must be a close look at books of the banks and the banks put that into insolvent liquidation. The FDIC (unlike the Federal Reserve) is actually a federal agency, and it has the possibility to have in a bank in return forYou exhaust it out, effectively nationalizing it. This is done in Europe with bankrupt banks, and it was conducted in the United States with Continental Illinois, the country's fourth-largest bank when it went bankrupt in the 1990s.

A system of truly "national" banks could issue "the full confidence and prestige of the United States" for public purposes, could also be used, including the financing of infrastructure, sustainable energy development and health care.13 Publicly issued credit to the subprime relieveCrisis. Local governments can use to buy up mortgages in default, compensating the MBS investors, freeing the real estate industry and to public life management. The properties can then be rented back to their occupants at reasonable prices so that people in their homes without the windfall of acquiring a house without paying for it. A program of lease-purchase may also be initiated. The proceeds would be used to repay the loan, Advanced to buy the mortgages, balancing the money supply andPrevent inflation.

Municipal and private SOLUTIONS

While we wait for the federal government, there are also private and local possibilities for relieving the subprime crisis to act. Chris Cook is a British strategic market consultant and the former Compliance Director for the International Petroleum Exchange. He recommends that all parties to pay constituted by the formation of a pool as an LLC (limited liability company), within a partnership framework that brings togetherOccupiers and financiers as co-owners under a neutral custodian. The original owners would pay an affordable rent, and the resulting pool of rentals would be "modularized" (unit interests, similar to a REIT or Real Estate Investment Trust) is divided. Among other advantages over the usual mortgage-backed securities, there would be no loans at interest because the property would be in sole possession of the LLC include. Eliminating interest substantially reduces costs. The former owners would be able tooccupy the property at an affordable rent, with option to buy a stake in it. For banks, the advantage would be that they see the situation return to investors since the risk would have been taken to insure the investment that would have full occupancy by at affordable prices, and for the investors, the advantage of a safe investment with a reliable return.14

Carolyn Betts is an Ohio attorney who served in Washington as a consultant issuers of MBS trusts, which for variousfederal government and represented Resolution Trust Corporation in its auction of defaulted commercial mortgage loans during the last housing crisis. She proposes a squeeze play by the States in the way against the tobacco companies by a consortium of public prosecutors in the 1990s. It notes that given at the end of the year 2007 by at least 20% of the funds by the transfer to the Ohio Public Employees' System (PERS) were in mortgage backed securities andsimilar investments. Ohio, that makes public money a major investor in these mortgage-backed securities. Ohio governments have an interest in that property to be excluded, since foreclosures help destroy local real estate markets, to lower tax revenues and losses on PERS investments and become a burden on the state and local affordable housing systems. A coordinated series of actions brought by state attorneys could eliminate the culpable banker middlemen and the return ofProperties, the ownership and control of local actors.

Andrew Jackson allegedly told Congress in 1829: "If the American people only understood the rank injustice of our money and banking system, there would be a revolution before tomorrow morning." A wave of private actions, class actions and government actions to eliminate harmful practices of banks to serve, could represent a revolution in banking spark back the power to advance "the full confidence and prestige of the United States" in the United States andReturn assets to community ownership and control.

1 Sean Olender, "Mortgage Meltdown," San Francisco Chronicle (December 9, 2007).

2 See Ellen Brown, "The Subprime Trump" webofdebt.com / articles, 26 June 2008.

3 Greg Morcroft, "Massachusetts charges Merrill with fraud," Handelsblatt.com (February 1, 2008).

4 Henry Gomez, Tom Ott, "Cleveland Sues 21 banks over subprime-Mess," The Plain Dealer (Cleveland, January 11, 2008).

5 Ibid.

6 Marc then resignsas Attorney General ", NBC24 (May 14, 2008).

7 E. Scott Reckard, "California Atty. Gen. Jerry Brown Sues Countrywide," Los Angeles Times (June 26, 2008).

8 Cathy Moran, "And the truth (in lending) shall make you free", mortgagelawnetwork.com (June 11, 2008).

9 Gina Keating, "Mortgage Decision could shock U.S. banking industry," Financial Times Germany (June 30, 2008).

10 Michael Robinson, "City of debt shows U.S. housing woe," BBC News (December 30, 2007).

11 "is the latestLiquidity crunch in remission? "NakedCapitalism (26 March 2008).

12 See E. Brown, "Dollar Deception: How Banks Secretly Create Money," webofdebt.com / articles (July 3, 2007).

13 Further information on these funds solution and why it does not inflate prices, see E. Brown, "Waking Up on Minnesota Bridge: How is the infrastructure crisis without selling out our national resources to solve," ibid. (August 4, 2007).

14 Chris Cook, "Peak credit and a flight to simplicity," Asia Times (April 3,2008).

2001 Chevrolet Silverado and other C/K1500 in Shoreline, WA

Philosophy, which always more than competitive in this huge market. great cars, good values, what will you ask for? EASY INSTANT FINANCING BUY HERE! PAY HERE! Bad credit? NO PROBLEM! EVERYBODY RIDES AT INDEPENDENCE cars! REPOS, judgments, LIENS, medical bills, late payments for children and PAST Bankruptcy - NO PROBLEM! NOT THE FIRST TIME BUYER WITH CREDIT CARDS - no problem ... Auto Chevrolet Silverado other C/K1500 2001 01 Independence Auto Sales Shoreline WA 98133 Washington Edmonds Lynnwood...



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The Great Bankruptcy of the United States of America

The Great Bankruptcy of the United States: America is now run as a disaster. We have politicians who do not see more than the next election, elit bloodsuckers and businessmen, the Trumpler all ethical and moral values and sleepwalking man with a strong enough shoulder to shoulder them. The country is now catastrophic in a swirl.



http://www.youtube.com/watch?v=esDgzuodncs&hl=en

How Chase Manhattan and Ocwen stole my home

Chase and Ocwen steal my home of twenty-six years. ... Chase Manhattan, Ocwen Bankruptcy violation of the 11 USC 362 mortgage collapse of the right to a fair public hearing procedures Jamie Dimon injuries automatic stay injustice



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Economic Collapse 3.0 - It's a Fire Sale

GM-Chrysler Bailout? The third part - I'm furious! www.youtube.com ************************** FeverIam channel: www.youtube.com Do not Panic! Good News! The worst is over! www.youtube.com Chrysler Makes a GM bankruptcy Harder (Google the title) www.time.com Chrysler, GM in Detroit Bankruptcy Looming www.huffingtonpost.com Favorite Channels ********* ****** ** anutarasamyat: www.youtube.com FeverIam: www.youtube.com QuietBuck: www.youtube.com Earthlasthope: www.youtube.com Playlist: ...



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ZEITGEIST ADDENDUM Parte 7 (Sub Italiano) 2008

Zeitgeist Addendum Parte 7 (Sub Italiano) 2008 ... Zeitgeist Bankruptcy Bancarotta Banche FED Banca Italia Economia Dollar Euro Money Denaro 1929 2008 Lehman Brothers U.S. Barack Obama McCain Palin



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Debt Consolidation Or Filing Bankruptcy - Which is Better?

One of the most frequently asked questions bankruptcy attorneys will be asked by potential clients whether they need to file for bankruptcy, or use a debt consolidation company to make payments on their debts. For those debtors who needs luck to qualify for Chapter 7 (which does not repay the debt, but in most cases allows for the termination of all dischargeable debts), the decision is much easier to make. But what about those who have the ability to have to make some monthly paymentstheir creditors and do not qualify for Chapter 7?

They are used primarily in many cases, the bankruptcy option is Chapter 13, which allows a rule, a partial repayment of debt. Armed with this choice, most people decide that debt consolidation, rather than the filing of a Chapter 13 bankruptcy, your best solution. However, this is almost never true. In Chapter 13, the amount you have to your creditors must be repaid almost always less than (or, at worst, equal) towhat you have to report outside of bankruptcy. This is true even if you are asked to repay 100% of your debts in a Chapter 13 case. Depending on various factors - above all, your income and expenses - you can have a discharge of your debts in a Chapter 13 case, the recovery of 0% to 100% of unsecured debt for 36-60 months.

Why is it better to 100% recovery in a Chapter 13 rather than debt consolidation? Because you do not have to pay for interest accrualunsecured debt in Chapter 13 Even under the best consolidation typically out of bankruptcy, it will be paid interest. Even in your Chapter 13 repayment plan for a maximum of 60 months (and in many cases as little as 36 months).

This may over time be significantly less than one paid result in a debt consolidation agreement to pay. So if you are in a position where you can have too many assets or income to qualify a Chapter 7Case, however, problems in managing your monthly payments on your credit cards or other unsecured debts, you should consult with a bankruptcy attorney about the possibility of registering a chapter 13th You may very well be able to pay off all unsecured debts with affordable monthly payments in less than 5 years!

Will any of my assets be taken from me?

Bankruptcy Attorney Jamie Ryke the Second Start Law Firm in Southfield, Michigan, explains what assets you can keep when you sign a Chapter 7 or Chapter 13 bankruptcy. ... Chapter 7 File Chapter 13 Bankruptcy Lawyers Michigan Chicago Lawyers



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Fat Choi Spirit (嚦咕嚦咕新年財) - Part 2

succeeded to his game as he blessed by Wing Kei (Gigi Leung) rotation. Wing-Kei is a sweet girl who would do anything for Tak Wah, to the detriment of everyone who comes into her path. Tak-wah wants to marry, but only if she cleans her act that goes hard. Tak-Wah is with his mother (Bonnie Wong) and brother, Tin-Lok (Louis Koo) at Tin-Lok of the Internet company goes belly together upwards again. Tak-Wah lets her stay at his sumptuous villa, while he was on his usual mahjong way. However, ...



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Can I Declare Bankruptcy? It All Depends

Can I declare bankruptcy? Have probably asked you this question a thousand times. The answer is simple, everything depends on whether you meet some basic criteria for filing a bankruptcy petition. This article will examine the initial requirements.

First, you can not file a bankruptcy petition if you had a bankruptcy discharged in less than seven years. Secondly, you can not file a bankruptcy petition if, in the last 180 daysShe had to dismiss a bankruptcy, because you do not comply with a provision of the Bankruptcy Code or any other proceedings or the Court ruling. You can not even if within the last 180 days of your own will be released after a creditor filed your files an application for exemption from automatic.

If none of these things apply to you, then you can have a Chapter 7 request for exemption file. However, in order to file Chapter 13 or what is called "a" wage earner "Procedure, there are some additional criteria you must meet. First and foremost, you will be the most a worker with a "regular income" and you can not a stockbroker or a commodity broker. Next, you must have less than $ 250,000.00 in unsecured debt and less than $ 750,000.00 in secured debt.

As you can see, people who live in high cost of property value states like California and parts of Florida, where the average price for a house exceeds one million U.S. dollars, it might have a hard timeCandidate for a Chapter 13 petition.

These are the basic considerations you need to commit themselves to determine whether you are entitled to file for bankruptcy protection. Because Your individual situation may differ from the assumptions in this article, which is intended for general purposes in different, you should always check with a competent lawyer before you in a legal matter

California Bankruptcy, How to Recover After Bankruptcy

By Martin Rogers

Here, we have tried to avoid personal bankruptcy to inform the people what they should do before they sign a decision about the bankruptcy, with. We have repeatedly emphasized the severe consequences to be taken to bring a bankruptcy of the financial life of a man.
We also have a bankruptcy "last resort" method ", ie, people should always twice before they think about these difficult decisions, because if one of the file> Bankruptcy, all of your financial life will be seriously affected.

The California bankruptcy system offers some legal and financial aids that are for the sole purpose of those who used bankruptcy file.
Today we want is a way out is for people who have already done that, says a final decision and for bankruptcy, filed a little over overdraft arrangements, and how they can help someone theirSituation.

One of our customers, Caitlin Stewart, has recently filed for personal bankruptcy, and it only took our program to recover its financial stability and restore its creditworthiness.
Martin Rogers, our California bankruptcy expert, will certainly help them with any questions they have.

Caitlin Stewart
What is overdraft agreements? And I use the bankruptcy laws in California, it?

MartinRogers
According to the California bankruptcy laws, people who have filed bankruptcy, allows the use of revolving credit accounts, which will have a direct relationship with their bank account. These are described as bank overdraft agreements. These accounts have a limited credit and within this amount of money you as the owner of the account can make withdrawals, even if you do not have enough money in the account.
An important point about these accounts is that after theOwner has withdrawn money, he or she must pay capital and interest. People must be very careful about the fulfillment of obligatory payments, and above all, always bear the burden of interest. Maintaining a healthy financial relationship with this type of account will be crucial in order to recover your credit history.

Caitlin Stewart
If this type of account surely help me?

Martin Rogers:
The California bankruptcy laws have this type of jobs createdMechanism to help people, and in certain special situations, such as bankruptcy. The most important thing to do after surviving bankruptcy is your credit score by paying on time the principal and interest, the credit bureaus will be in the behavior of your restore account, and they will eventually promote the growth of your credit score. The California bankruptcy system is to encourage the development of these special cases, bankruptcy,show where they meet a debt free life, while all can cause its financial obligations.

Caitlin Stewart
Following the bankruptcy of California system, as I improve my credit card capacity beyond that point?

Martin Rogers:
The California bankruptcy system allows people who have a steady growth in the credit reports in equal parts on credit, ability to develop themselves. After the loan takes over the normal limit withOverdraft agreements, the person for credit cards to increase the actual credit score.
Another interesting way of increasing your credit score is requesting a small unsecured loan for the purchase to make or buy small things. Will repay such loans, totaled more on your credit history, and you will eventually regain the serenity of being out of debt and a balanced financial life. Over time, you will earn your normal financial life, and you will Be able to identify any bank or credit card to use resources as one of the past. The main difference is that this time you will know how to manage it more effectively and successfully to avoid debt.

Bankruptcy in the California bankruptcy system file, you need the best legal advice possible. Free Choosing the wrong lawyer, you could be your home, vehicles or other goods. The decision is too important to trust it to the Yellow Pages or smooth TV spots.

Choose> California Bankruptcy well-established, well respected and highly qualified lawyers from law firms, dealing exclusively with consumer bankruptcy.

By using our free confidential legal evaluation you can on your way to financial solutions that you are trying to achieve. We can help you protect your assets and get the fresh start you deserve.

In-Depth Look - Chrysler Files Bankruptcy - Bloomberg

Interview and discussion with Rebecca Lindland of IHS Global Insight. She shares his perspective in relation to the Fiat and Chrysler liquidations. (Bloomberg News)



http://www.youtube.com/watch?v=IJbN0CULpV8&hl=en

Citigroup Bankruptcy: Federal Reserve & SEC Response

The purpose of this video is to discuss the real story in terms of Citigroup's potential bankruptcy, and why the mortgage crisis, but it is real, a ruse to distract the public from the true source of the problem. This is an unregulated shadow banking system, hedge and private equity funds dominated. A step that should turn around the economy that President Bush and Federal Reserve Chair Bernakke SEC Chairman Christopher Cox, require that these funds with the SEC and disclosed to register ...



http://www.youtube.com/watch?v=WshxmT3Fawo&hl=en

Economic Crisis 2008 - Motivational Speaker Sam Crowley

Too many people try to avoid bankruptcy or loss of their 401K to. Instead of running from failure, you try on your dream. You will get there much faster ... Motivationstrainer economic crisis, loss of job dismissal rescue package



http://www.youtube.com/watch?v=mmACsi0k6-s&hl=en

Finding a Local Bankruptcy Attorney

If you have decided it is time to consider filing for bankruptcy protection, your first step is a critical one. While it is possible for protection without discouraging the assistant of an attorney-file, financial consultants. A Dallas bankruptcy lawyer does present a separate set of concerns, especially to those individuals who are already financially. But tapping the skills of a trained professional will pay off in the long term.

ConsiderSearch for a bankruptcy attorney Dallas as much as the search for a new doctor. A lawyer, like a doctor is a pro. He or she provides services that can be or not to your liking. Therefore, the first step in locating an attorney to negotiate for personal references is to ask.

While it is probably not an ideal topic to discuss with friends, or business acquaintances to ask if you know of someone who has experienced the bankruptcy proceedings, please him or her through her lawyer. SomeThe best lawyers are found through word of mouth. Questions on what the individual likes and not, as the lawyer. The process was fairly painless? The company has the staff treat them with respect? How did the person pay for the services (payments in advance, after registration, etc.). All these questions are important because they help you determine whether your attorney is someone you want to edit.

If you do not know who has filed bankruptcy in the pastor know of a bankruptcy lawyer ask for a reference from another lawyer or your tax adviser. For example, if you have a divorce lawyer, he or she wants to know who is an excellent bankruptcy attorney.

It is also possible to find a bankruptcy lawyer via a search online or over the phone book. When searching for a lawyer this way take into account the quality of its advertising. The company has a respectable website with insightfulInformation? When you click on a phone book advertising, it has evolved from the others? While this is not quite the same way a lawyer skills judges, prominent lawyers are expensive advertising function.

If you are a prospective attorney to conduct an Internet search. Enter his or her name), along with other keywords in a search engine box (Google. Added keywords can also "fraud" or "reference." The Internet is an excellent research toolProviding you with instant information on the family home.

Also take the time to interview the lawyer and do not be afraid to ask a list of references. In the implementation of an interview (also called a consultation), ask the timeframe for the submission process and payment procedures. Consider how the lawyer treats you. Have him or her to be friendly? They work with this person, so that you get and with anyone you choosetrust.

Search for a Dallas bankruptcy lawyer is an important process in the application for bankruptcy protection. Take time to find a lawyer who has your interests in mind, it is easy to process, and has the necessary skills to complete the job.

The Truth About Bankruptcy

Bankruptcy Attorney Jamie Ryke the Second Start Bankruptcy Law Firm talks about the truth about bankruptcy. Find out how we can help you out of debt and a fresh start by filing either a Chapter 7 or Chapter 13 bankruptcy.



http://www.youtube.com/watch?v=IlPb6vGRVPs&hl=en

Bankruptcy - Dismissed Vs Discharged - Chapter 7, 11, 13

Think with the IRS code book, as your leg, it is easy to imagine you could settle a Faustian bargain in an attempt to your tax and bankruptcy problems by themselves. Therefore, the first thing you should do if the bankruptcy rears its ugly head in your life, consult with the competent tax & bankruptcy lawyer. You will need one of those on your side to navigate the deep and turbulent waters.

He will tell you the difference between a Chapter 7 BK anda Chapter 13 BK, and the respective effects. Either could be the "correct" choice for you here, if there is such a thing. But you will not know what you do when you get some good advice. And your brother is not well advised. Unless he is also a lawyer experienced in these matters.

If you get into a BK plan, you are either working in a plan with the court with your debtors, where you make monthly payments to the court for them. If you have successfully completedthe courts ranging plan that dealt with the case, and you are left to start anew. If you receive timely payments as agreed, do not be cold, throw your plan and your bankruptcy is effectively broken, so collect your debt by yourself.

If it is assumed from the outset, assuming that you do not have the resources to support a reasonable repayment plan, you will be placed in Chapter 7 is a plan, and your property will be liquefied in order to try and theThey have incurred debts.

No matter how you look at it, bankruptcy is not fun, and you should not be so foolish as to think that you can manage the details yourself. A service by a constable of the court should capture this simple fact.

Temecula Attorneys - A Look at Common Legal Matters

A brief overview of the Southern California Attorneys

As you begin a search for the best Temecula Attorneys found in Southern California, then consider that offer services to, a lawyer must pass the bar exam to law in a particular state practice. Additional license requirements are often expected of Temecula lawyers. You will soon learn that most of the attorneys are licensed in the region where one or more States practiceBut as a whole must have a license to be in California, no help for you. The ideal lawyer should know the various advantages and disadvantages of the state legal circumstances, including the rights and laws from state to state can be.

The various branches of the Law in Temecula

Depending on your current legal suffering, you may or may not require the services of a lawyer associated in Temecula with the following branches of law:

Criminal Law

Appearance before a judge can be a scaryExperience, is charged as a crime, a serious offense that requires legal know-how of a professional. Temecula Defense lawyers deal with issues that are of varying importance, such as mischief, shoplifting, and loitering to big theft, kidnapping and murder.

General Law

This pretty busy branch of the law deals with general litigation, which often are a party complaint against another; Lemon Law jurisdiction, contract negotiations, license applications orTraffic offenses. In Temecula, the law firm of Rosenstein & Hitzeman has a pretty good reputation for business law, real estate, inheritance and succession, copyright and trademark rights and bankruptcy matters.

DUI

Nowadays, the drink is replaced by a driver involved in an incident and to drive usually little sympathy in the courtroom, especially when an accident results in bodily injury. While every DUI case is unique, it is important to find a lawyer thatto successfully negotiate on your behalf. Driving under the influence can cost you a criminal conviction, raising automobile insurance rates, drug and alcohol rehabilitation and driving a suspended license.

Personal Injury

What happens if an injury at work deprives you of your ability to put food on the table? If a defective car part run accident that placed subject your children in danger? Perhaps you have been victim of a product recall? All these legal issues farin a personal injury case, which affects transportation accidents, emotional or domestic violence, birth defects, prescription errors, and product liability.

Estate Planning and Trusts

At some point in time an individual may wonder what would have happened to their loved ones if they should face an early death. What would become of their possessions and property? To secure the future for loved ones with a will or other plan of action can eliminate the legal explosions, whichusually takes place after the adoption of a relative. lawyers in this industry are also informed about the legalities of living wills, organ and tissue donation and health proxies.

Other areas of the law that includes a lawyer Temecula Divorce and custody battles that can help real estate (buying and selling real estate), landlord and tenant defaults, Chapters 7 and 13 bankruptcy, intellectual property, the adoption of children, sexual harassment andEmployee discrimination, naturalization and deportation and abuse suits.