Federal Bankruptcy Law Aims to Provide the Honest Debtor with a Fresh Start

Personal Bankruptcy on Ulitzer

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When do you plan to put your used car for sale ? Were you not, since long thinking of replacing it with a preferred brand car or a fuel efficient automobile? Didn’t the added costs to replace to be added to the likely realization from sell your car prevent you from making a decision to put your car on sale? How vary are you of making a deal and more worried about getting the right value you perceive for your used car? Putting a sedan or SUV on sale after having it bristle you for years is really a difficult choice. You value its services and upkeep. Your emotional attachment does not allow you to settle for less than what you value it. But markets seldom work on sentiments attached by the seller and are ruled by functional utility value of the car for the buyer. Buyer value consciousness bar is rising day by day. Marginal utility value of a used cars is seldom given d... (more)

Big Data Designated "Enabler" in Deloitte's 3rd Annual Tech Trends Report

Big Data - not surprisingly - features in Deloitte's just-released annual "Tech Trends" report identifying the 10 trends most likely to have an impact for CIOs in the coming year and beyond. "It's an uncommon time to have so many emerging forces – all rapidly evolving, technology-centric and each already impacting business so strongly," said Mark White, principal and chief technology officer, Deloitte Consulting LLP, as the report was announced. He continued: "The convergence of five forces offers a new set of tools, opening the door to a new set of rules for operations, performance and competition. Our report outlines the opportunity for IT to truly help elevate business performance." The five emerging technology forces he was referring to are analytics, mobility, social, cloud and cyber security. Between them, said White, they provide the opportunity for business... (more)

Richmond Fed's Economic Quarterly Features New Thoughts on Too-Big-to-Fail Banking Policy

RICHMOND, VA -- (MARKET WIRE) -- 05/31/05 -- Bank Risk of Failure and the Too-Big-to-Fail Policy. The possibility that large banks may have access to contingent government bailouts creates a risk and a size distortion in their decisions: banks tend to become riskier and larger, asserts Richmond Fed economist Huberto M. Ennis and research associate H. M. Malek. While the cost of the too-big-to-fail distortions could be high, the available evidence of their importance in the U.S. economy is inconclusive. Any proposal for policy reform should weigh this empirical limitation, according to the article. Also in the Spring 2005 issue: Equilibrium Models of Personal Bankruptcy: A Survey. A growing literature analyzing the default of household debt through bankruptcy harbors three lessons, observes Richmond Fed economist Kartik Athreya. First, for bankruptcy to be welfare-im... (more)

Life after Bankruptcy

Personal Bankruptcy on Ulitzer While filing for bankruptcy one should be aware of the financial difficulties that he would be enduring in the long run. Once bankruptcy is filed it remains on the credit report for the next 10 years and that makes him well aware of the fact that he will loose the ability to receive any type of credit, a mortgage or a bank loan. Sincere help from family friends and colleagues: After filing bankruptcy what is required the most, is full love and support from family, friends and colleagues. Only those friends who can help in times of need and are dependable should be invited with the full assurance of mental support as well. Budget expenses accordingly: Be responsible enough to plan out the expenses accordingly. A budget should be created according to the requirement, and should be followed religiously. A lot of savings is to be done to ... (more)

Reasons Why People File For Bankruptcy

Personal Bankruptcy on Ulitzer Normal 0 false false false MicrosoftInternetExplorer4 Eliminate the legal obligation to pay many of the debts: The goal of a discharge is to reduce debts and to give a fresh start; both the chapter 7 and chapter 13 can eliminate all kind of debts. Stop foreclosure: A home foreclosure can directly be stopped by chapter 13 bankruptcy laws, so one can be rest assured that bankruptcy can save his home. Prevent other properties like car or other valuables from being reposed, and even though the car has been already reposed, it can be returned back by filing bankruptcy. During times of natural accidents in the family, filing of chapter 7 can greatly reduce the amount for the medical bills. Many families have to make choices on allocation of bills. Often, bills that were once important become... (more)

Time For Cloud-Based Online Google Bank?

Slowly -- and sometimes not so slowly -- the bricks have been giving way to the clicks for the past 15 years. Plenty of formerly unassailable business models have suffered as a result. The tears flowing for these companies, however, have been few outside their own high, stony walls. Users, customers, innovators, seekers -- the majority bottom sections of the social and economic pyramids -- these are the big winners in the many wonderful effects of the Web and Internet. And I for one have the freedom, productivity, choice and empowerment to prove it. Except in one glaring area: banking. We are by no means done on the disruption front. I have had it with the old financial processes, lack of capability, murky institutions, rips-offs, peonage fees/rates -- and especially attitudes. As far as I'm concerned -- as a consumer, family, and business -- I'd ready to fire them al... (more)

Microsoft SQL Server 2012 Reporting Services Book Review

Over the years I have been on quite a few projects and there have been very few if any that did not require some type of reporting. For a while that meant Crystal Reports, but when SQL Server Reporting Services (SSRS) hit the scene, Crystal Reports began to fade on Microsoft projects. That was especially true if I had my way. I was the first person to champion SSRS in state projects in Pennsylvania. That was quite a battle but well worth it! SSRS is one of the best solutions to come out of Microsoft. I don't say that lightly. I have plenty of complaints about different Microsoft products, but none about SSRS. The extensibility model built into the architecture makes the product completely customizable through extension. This book introduces the SSRS architecture, the report manager, the basics of databases and database queries, but every topic introduced supports the ... (more)

Microsoft SQL Server 2012 A Beginners Guide Book Review

This book is a really great beginners guide for core SQL Server 2012, and it also does a great job of introducing new features introduced in SQL Server 2012. What I mean by core is that topics like Master Data Services and Data Quality Services are not introduced. That is not a bad thing. By limiting the scope of the book, the author was able to better the topics that are included. I wanted this book because I like having a book about the basics close by. I am not in SQL Server everyday and when I find myself needing to go back to it, I not only want books on the advanced features nearby, I want the basics also. The book covers all the basics you need to know to get up and running quickly. After a really nice introduction where the author covers the new 2012 features and where they are covered in the book, they have a nice overview of relational databases and detail... (more)

Learning Objective-C 2.0: A Hands-on Guide to Objective-C for Mac and iOS Developers (2nd Edition) Book Review

If I had to give this book a one word description, I would say it is 'balanced'. In the beginning of the book the author mentions that he does not want to right one of those books that list a little code and then explains the code, changes the code, explains those changes and so on and so on. At first he scared me. I have read some insanely wordy programming and engineering books. I have a much harder time getting through those than the type the author described. I was afraid this book would be one of those that I don't get anything out of except war stories from the author's career. That would not be all bad if the stories had anything to do with the book. I am happy to report that is not what happened. I found the author had just the right amount of discussion around the different language features he was covering. I thought that the offer had a very no nonsense app... (more)

iOS 6 Programming Cookbook Book Review

This is a massive cookbook with tons of recipes. It covers a ton of material and it covers it in depth. Although this book is more of a reference than a cover to cover read, every time I use it to look something up I find myself getting sucked in and reading several chapters. The author starts off with a really cool chapter called The Basics. It covers a ton of basics. Everything from packaging iOS apps for distribution to Objective-C language basics to loading data from bundles to using NSNotificationCenter to broadcast events. The rest of the chapter's recipes topics are reflected in the titles of the chapters. I have listed them all below. 1. The Basics 2. Implementing Controllers and Views 3. Auto Layout and the Visual Format Language 4. Constructing and Using Table Views 5. Storyboards 6. Concurrency 7. Core Location and Maps 8. Implementing Gesture Recognizers 9. Netw... (more)

New Cyber Threats within The Internet of Everything

Cisco released findings from two global studies that provide a vivid picture of the rising security challenges that businesses, IT departments and individuals face -- particularly as employees become more mobile, blending work and personal lifestyles throughout their waking hours. Despite popular assumptions that security risks increase as a person's online activity becomes shadier, findings from the Cisco 2013 Annual Security Report (ASR) reveal that the highest concentration of online security threats tend to target legitimate destinations visited by mass audiences -- such as major search engines, retail sites and social media outlets. Cisco found that online shopping sites are 21 times as likely, and search engines are 27 times as likely, to deliver malicious content than a counterfeit software site. Security risks rise in businesses because many employees adopt "my ... (more)