Bankruptcy Debt? Is Bankruptcy Better Than Debt Settlement?

Bankruptcy debt may cause you to become overwhelmed. There are hope and more than one option open to you. Some will have fewer consequences but not all the benefits you may need in your current situation. Depending on your circumstances, you may be able to choose a debt settlement program to reduce your debt by 50% or you may need to file chapter 7 or 13 bankruptcy debt.

If you are interested in debt settlement you will need to contact several trusted agencies that can offer you advice as to how to do this properly, especially in cases where you are not quite sure about how to approach the situation. If you are trying to negotiate with a creditor you will find they will not reduce your balance if you are still making your minimum monthly payments; however, when those payments stop is when you will have better chances of a settlement and reducing your debt by a significant amount. You will receive the best benefits using a reliable and established debt settlement company. bankruptcy attorneys san antonio

If this is an option for you, you will definitely want to be sure that you are able to thoroughly research several debt settlement companies. You will want to compare fees, and their particular routines in order to know you are working with the right company for you. It is suggested that you only work with companies that have positive ratings and are well known to be legitimate organizations that are able to do what they promise you and the creditor. For more information about Bankruptcy Attorneys San Antonio click here

You may of course find that bankruptcy is more appropriate for your situation, and a debt settlement company might well recommend this after looking at your finances. This is a big step and does have consequences you should be aware of. If you have looked into your other options then bankruptcy may be the route you will need to go. There are two types of bankruptcy debt claims available to you; these are Chapter 7 and chapter 13. One will most likely be a better fit for you than the other.

With chapter 7 bankruptcy debt you will find that this is a liquidation of your assets. Chapter 7 bankruptcy is best for you if you have very little assets besides your basic needs such as clothing and furniture. This is probably the best option if you find that you have no money left after paying basic expenses each month if you even have enough to pay all these expenses or have very little money left. This is a fairly quick process.

The chapter 13 bankruptcy debt will be best for people who have a lot of property and assets they want to keep. This bankruptcy is best if you have enough money to pay your housing bills but not enough to pay all of your credit debt after the bills are paid.

A good debt company will be able to advise you on the best option for you after examining your situation in detail. You can apply quickly online and an advisor will then contact you to find out more. It is sensible to apply to more than one company before making a decision.

Find out more about bankruptcy debt on the author’s website, which offers free advice on how to pay debt off , including recommendations for the most reputable debt settlement program and help with debt management, budgeting, and loans.

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Drowsy Driving: Dangerous, Deadly, and Difficult to Identify

According to the Department of Energy, the average car in the United States tips the scales at just over 2 tons. That’s 4,000 pounds of metal, rubber, and gasoline hurtling down the nation’s roadways and highways. Under the best of circumstances, operating a vehicle is the most dangerous thing the average person does on a daily basis. When people operate a vehicle while drowsy, the danger increases accident attorneys

Under-Reported Drowsy Driver Accidents

The National Highway Traffic Safety Administration (NHTSA) reports that even though drowsy driving is difficult to identify as the cause of car crashes in many situations, at least 40,000 people are injured every year as the result of drowsing driving, while another 1,550 are killed.

However, the NHTSA cautions that drowsy driving could be a much larger problem than the current evidence shows. The agency reports that drowsy driving is an under-reported car crash cause, and that crashes attributed to drowsy driving do not include driver inattention, which may also result from tired or sleeping drivers.

Testing, Reporting, and Contributing Factors at Play

Part of the problem in identifying accidents caused by drowsy drivers is the lack of appropriate tests. Unlike drunk driving, for example, there is no machine or testing procedure that can readily identify drivers who drive while sleepy.

Further, there is no standard set of reporting practices between states when it comes to drowsy driving. Though all state accident statistics include drowsy or fatigued driver information, police officers are often not trained to identify driver fatigue.

Beyond that, there are numerous inconsistencies in state codes that address drowsy or fatigued drivers. Two states, Missouri and Wisconsin, have no codes that address drivers who fall asleep behind the wheel or who cause accidents because they are fatigued or drowsy.

International Numbers Sobering

However, there is some data to indicate that drowsy driving might be a far more common cause of car crashes in the United States than we realize. Several European nations, such as Finland and England, as well as Australia, all have far more uniform and consistent crash reporting procedures than the disparate procedures used in the various states. The figures from these countries show that drowsy or fatigued drivers are the cause of anywhere from 10 to 30 percent of all automobile crashes. If the foreign statistics are representative of car crashes in the United States, it could mean that drowsy drivers cause anywhere from 550,000 to 1.65 million car crashes each year.

Demographics Skewed Toward Younger Drivers

Not all people are at the same risk of being involved in a drowsy driving accident. The National Science Foundation conducted a study that looked into drowsy driving. The study concluded that younger drivers—those between the ages of 18 to 29—were most at risk of being involved in a drowsy driving crash. Not surprisingly, the likelihood that a person will operate a vehicle while drowsy increases if the person is a parent of young children. Similarly, shift workers are more likely to drive while drowsy, and men are slightly more prone to it than women.

If you are a victim of a drowsy driver accident, get in touch with a local Personal Injury Attorney. You may have a case and should be adequately compensated for your injuries.

This Blog was posted By The Carabin & Shaw Law Firm. principle Office in San Antonio, Texas

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