The Many Times You’re Wrong About Utah Bankruptcy

The Many Times You’re Wrong About Utah Bankruptcy

a man pulling out an empty pocketUtah bankruptcy has always had an air of mystery around it, especially if you had never filed for one in the past. Not understanding what it is for could naturally strike fear into the hearts of first-timers. Believing that it is dishonest or unethical is perhaps the biggest misconception that you might have about it. Bankruptcy has its negatives, but it's actually the legal way to get some relief from your financial troubles.

If you think you need to file for bankruptcy but reluctant to do so, debunk these common erroneous beliefs first:

You Can File for Bankruptcy Whenever You Please

Any Chapter 7 bankruptcy attorney in Utah would tell you that you cannot start the process until you receive credit counseling and debtor education. You must fulfill these requirements six months before filing for bankruptcy.

This option is not the law’s way of giving you a free pass on your past financial mistakes, but rather it means offering you an opportunity to do things right. Without adequate financial literacy, you might bury yourself with debts again and be trapped in a vicious cycle for a long time.

You Can Escape All of Your Debts

No, this process will not make you immune from all debts. Utah has a list of non-dischargeable debts that bankruptcy cannot eliminate. Alimony and child support are two of the financial obligations you will still have after the process. Moreover, you will still be liable for fines and penalties for breaking the law.

You Cannot Get Credit in the Future

Bankruptcy is a fresh start, not a dead end. Although it will stay on your credit report for up to 10 years, you can start rebuilding your credit after bankruptcy. This process aims to free you some of your legal debt obligations to help manage your finances moving forward. In fact, it is not uncommon to receive credit offers with reasonable interest rates after filing for bankruptcy.

Bankruptcy is not all roses, but its benefits usually outweigh its disadvantages. Speak with an experienced lawyer to discuss your situation and know the right type of bankruptcy for you.

Utah bankruptcy has always had an air of mystery around it, especially if you had never filed for one in the past. Not understanding what it is for could naturally strike fear into the hearts of first-timers. Believing that it is dishonest or unethical is perhaps the biggest misconception that you might have about it. Bankruptcy has its negatives, but it's actually the legal way to get some relief from your financial troubles. If you think you need to file for bankruptcy but reluctant to do so, debunk these common erroneous beliefs first: You Can File for Bankruptcy Whenever You Please Any Chapter 7 ban ...

Everything You Need to Know About FHA Loans

Everything You Need to Know About FHA Loans

Single family house on pile of money. Concept of real estate.There is no better investment for yourself and your family than having your own home. Unfortunately, not everyone has the money to purchase one up front. Fortunately, a government-backed FHA loan program might be just the thing to help you out. As with all loans, the key to maximizing its benefits is to understand what it has to offer. 

What Is It?

This loan doesn’t differ much from other loans at its core. The FHA loan is applied for and issued by a private lender. What sets it apart is that the Federal Housing Authority insures it. That means that the US government acts as a guarantor to lenders. Should you fail to pay back the loan, it’s the FHA who’s going to repay the loan on your behalf. This encourages lenders to allow more substantial loans even in cases where they’d generally think twice.

What Are The Benefits?

The biggest advantage of this type of loan is the meager initial down payment. In some cases, you can drop as little as 3.5 percent of the total price of the property that you’re interested in. Additionally, you don’t need to have a high credit score on the offset, making it perfect for first-time buyers. Lastly, even if you’ve experienced bankruptcy and other things that generally hinder you from getting a traditional loan, you can still qualify for the FHA loan program.

What You Need to Know

A caution though is that the lower down payment means that your monthly interest rate is likely going to be higher than normal to compensate. Additionally, you have to pay a monthly insurance premium and an upfront premium that may add to the cost of the mortgage. Finally, with FHA loans, the insurance premium payment continues even when you’ve met equity in the home.

These types of loans are geared towards helping those who can’t otherwise afford a home to get one. It also empowers lenders to be more flexible in their requirements with little to no risk on their end. The key is being smart about approaching this type of loan.

There is no better investment for yourself and your family than having your own home. Unfortunately, not everyone has the money to purchase one up front. Fortunately, a government-backed FHA loan program might be just the thing to help you out. As with all loans, the key to maximizing its benefits is to understand what it has to offer.  What Is It? This loan doesn’t differ much from other loans at its core. The FHA loan is applied for and issued by a private lender. What sets it apart is that the Federal Housing Authority insures it. That means that the US government acts as a guarantor to lenders ...

A Family Guide to Traveling to Albuquerque

A Family Guide to Traveling to Albuquerque

kid splashing into poolTravel experiences are among the most precious gifts you can give to your children. A study by the San Francisco State University supports this, saying that people who spend money on experiences rather than material things feel happier.

Here are three awesome things to do if you ever find yourself and your family in Albuquerque searching for experiences that you will all treasure for a lifetime.

Wade in the water.

The water brings a whole lot of joy to children and adults alike. Visiting a water park in Albuquerque guarantees that everyone in the family gets loads of fun. You can go to Cliff's Amusement Park, which offers an extensive array of theme park rides that are sure to keep your whole family entertained.

Cross the Musical Highway.

Who says that driving along the highway should be boring? On this quarter-mile section of Route 66, travelers can listen to “America the Beautiful” while on the road. The catch? The tune only plays if the driver sticks to the 45-mph speed limit. The rumble strips responsible for the melody were placed at precise distances to produce the notes necessary for the signature tune.

Learn new things in The National Museum of Nuclear Science & History.

A museum is always a wise destination, especially if you are traveling with children. Museums offer a lot of experiential learning and are good places to bond with your kids. You will both leave with new learning and precious memories after you visit the many exhibits in the museum including Nuclear Medicine, Atomic Pop Culture, and Little Albert’s Lab, among others.

Experience the joy of travel and create beautiful memories with your family. Consider these three things when you visit Albuquerque, and you are set to have one epic family trip.

Travel experiences are among the most precious gifts you can give to your children. A study by the San Francisco State University supports this, saying that people who spend money on experiences rather than material things feel happier. Here are three awesome things to do if you ever find yourself and your family in Albuquerque searching for experiences that you will all treasure for a lifetime. Wade in the water. The water brings a whole lot of joy to children and adults alike. Visiting a water park in Albuquerque guarantees that everyone in the family gets loads of fun. You can go to Cliff's Amusement ...

Report: Montana Tops Worst Driver List for 2017

Report: Montana Tops Worst Driver List for 2017

driving in the curveDrivers in Montana ranked as the worst drivers in the U.S. in the previous year, as the state scored low on four out of five categories, according to an analysis of CarInsuranceComparison.com.

CarInsuranceComparison based its rankings from the Department of Transportation’s National Highway Traffic Safety Administration data. It ranked each state in terms of fatality rate, failure to obey traffic rules and regulations, drunk driving, speeding and careless driving.

Worst ranking

Montana’s overall ranking partly stemmed from having the most number of accidents caused by drivers’ failure to follow traffic rules. The state also had the second highest fatality rate per 100 million vehicle miles traveled, while drunk driving accounted for 41% of car crashes. Speeding also caused 91 fatalities on the road.

However, the state ranked 29th in terms of careless driving. Mike Tooley, state transportation department director, said that fewer drivers have collided with pedestrians or pedal cyclists due to the installation of centerline and shoulder rumble strips in high-risk areas. Still, this paled in comparison to other states.

Other states

Idaho ranked as the state with the most careful drivers and Massachusetts tallied the lowest fatality rate, according to CarInsuranceComparison. Utah had the fewest drunk drivers, while drivers in Maryland were the most obedient. Iowa ranked as the state with the best drivers based on the five categories.

On the other hand, Florida drivers paid the most attention to speed limits on the road. Aside from road signs, traffic enforcement groups should invest in certain products such as a stalker radar gun for sale to improve their campaign on enforcing speed limits.

The analysis should be a wake-up call for states that ranked low on the list. While law enforcement agencies are responsible for upholding the law, drivers are just as accountable for observing road safety habits.

Drivers in Montana ranked as the worst drivers in the U.S. in the previous year, as the state scored low on four out of five categories, according to an analysis of CarInsuranceComparison.com. CarInsuranceComparison based its rankings from the Department of Transportation’s National Highway Traffic Safety Administration data. It ranked each state in terms of fatality rate, failure to obey traffic rules and regulations, drunk driving, speeding and careless driving. Worst ranking Montana’s overall ranking partly stemmed from having the most number of accidents caused by drivers’ failure to follow tra ...

Planning a Great Hunting Adventure: 3 Things to Do & Prepare

Planning a Great Hunting Adventure: 3 Things to Do & Prepare

hunting crewBeginner or not, there's something satisfying and exciting about hunting. There are in fact a good number of people who enjoy spending their spring break or time off by doing this particular activity. While hunting is indeed a one-of-a-kind adventure, proper planning and preparations are needed to ensure a safe and fun trip. Here are some things you must remember when readying for a trip:

Ready Your Gear & Accessories

Wearing proper gear and obtaining the right tools would ensure your own safety as you go for the hunt. That's why it's essential to check whether you're properly armed for the task, from the outfit down to the weapons and gears you'll be using. Otherwise, you might end up getting hurt or injured during the trip. If you're missing something, D&R Sports Center noted that a quick visit to a hunting store in Michigan is just the way to go.

Do a Practice Round

Regardless of the gear, be it a traditional bow and arrow or rifle, you need to practice a lot. This would help you take aim properly as well as make your shooting more precise and accurate, contributing to the overall success of your hunting adventure. As you do practice lessons, it would be nice to choose a location that is quite similar to where you're off for the trip. This would improve your shooting skills as well as your hunting ability as a whole.

Get in Good Shape

Build up your body's endurance and stamina. Your body needs to be in decent shape to have a successful hunting trip. Most of the gears and weapons you will use are not lightweight, so you need to get ready for it. Along with that, you need to be agile as you lock in a target on the move. Pro hunters suggest that you choose a fitness program that you're most comfortable with.

Follow these tips to ensure a successful and safe hunting adventure. What accounts for an enjoyable trip is how prepared you are for it, no matter what the circumstances are.

Beginner or not, there's something satisfying and exciting about hunting. There are in fact a good number of people who enjoy spending their spring break or time off by doing this particular activity. While hunting is indeed a one-of-a-kind adventure, proper planning and preparations are needed to ensure a safe and fun trip. Here are some things you must remember when readying for a trip: Ready Your Gear & Accessories Wearing proper gear and obtaining the right tools would ensure your own safety as you go for the hunt. That's why it's essential to check whether you're properly armed for the task, from ...

The Benefits of SaaS Technology in Businesses

The Benefits of SaaS Technology in Businesses

SAAS conceptCloud computing technology has made it possible for businesses to become more efficient in their day-to-day operations, like helping them focus on other important aspects that are critical to their growth. The Software as a Service or SaaS is one of today’s popular technology that benefits small and medium enterprises because it has proven how it could improve workflow significantly.

Understanding SaaS in simple terms

SaaS could be your today’s magic genie, which you can access anytime and anywhere as long as you have an electronic device capable of browsing the Internet. This web-accessible software allows employees to access all the files they need for the day, like what a health insurance broker software does, so they won’t have to install the software on their personal devices.

Google Docs and other cloud storage services are some of the notable examples of SaaS. Users no longer need to worry about software updates because cloud experts do it for you. With SaaS, data security is ensured because only identified users are given access. Due to its ease of use, cost-effectiveness, and better implementation and maintenance features, small and medium businesses can adopt the technology quickly.

Businesses have been embracing SaaS technology

Reports revealed that SaaS continues to gain grounds in many businesses worldwide compared to other cloud computing services, and business think tanks highly consider IT infrastructure in their strategies. In the year 2020, an estimated 73% of business organizations are expected to be using SaaS in their everyday operations. The SaaS industry has continued to grow fast, making it a $43 billion industry early this year.

SaaS is no doubt the future of businesses workflow, as it allows users to work efficiently while maintaining security. This technology has made it easier for businesses to have a cost-effective, customized software that satisfies all their needs.

Cloud computing technology has made it possible for businesses to become more efficient in their day-to-day operations, like helping them focus on other important aspects that are critical to their growth. The Software as a Service or SaaS is one of today’s popular technology that benefits small and medium enterprises because it has proven how it could improve workflow significantly. Understanding SaaS in simple terms SaaS could be your today’s magic genie, which you can access anytime and anywhere as long as you have an electronic device capable of browsing the Internet. This web-accessible software a ...

4 Mistakes to Avoid During a Mortgage Application

4 Mistakes to Avoid During a Mortgage Application

Mortgage loan agreement application with house shaped key chainPurchasing a house is one of the biggest investments you will ever make. You may need to take a loan to cater for part of the cost of the house, as it allows you to pay over a long period. However, there are little mistakes that may cause your mortgage application to be declined, or fail to get enough cash for the type of home you need. Here are some of the mistakes you should avoid:

Accepting the first offer you get

Mortgage lenders differ in their interest rates and loan terms. Shop around and compare until you get the best mortgage rate in Utah. You can also hire a mortgage consultant to get you the best rates in the market.

Not getting pre-approved

It is important to know if you qualify for a mortgage before looking for a home. A pre-approval goes beyond a pre-qualification for the loan as the bank checks your ability to repay the loan. Unfortunately, most people overlook a pre-approval and eventually fail to get the loan.

Not reading the fine print

Most people are lured by advertisements about the best rates in town and fail to read the terms and conditions found in the fine print. These conditions either throw you out or change the loan repayment conditions advertised. Take your time and read everything. Seek assistance when you do not understand something.

Lying

There is no coating the truth when it comes to financial matters. The lender will go through your financial history and uncover anything that is not correct. When applying for the loan, avoid signing to a blank or incomplete application and do not falsify information. Falsified information will lead to a disqualification

Take your time when choosing a mortgage lender and making applications. Given the amounts involved, you should be careful with terms and interest rates. Moreover, provide all information such that it is easy for the lender to determine if you are creditworthy.

Purchasing a house is one of the biggest investments you will ever make. You may need to take a loan to cater for part of the cost of the house, as it allows you to pay over a long period. However, there are little mistakes that may cause your mortgage application to be declined, or fail to get enough cash for the type of home you need. Here are some of the mistakes you should avoid: Accepting the first offer you get Mortgage lenders differ in their interest rates and loan terms. Shop around and compare until you get the best mortgage rate in Utah. You can also hire a mortgage consultant to get you the b ...

Know the Documents You Must Have for a Title Loan

Know the Documents You Must Have for a Title Loan

A title loan signageA title loan allows someone to apply for a loan and submit their car title as the guarantee. The good thing about title loans is that the borrower can use the car while paying for the loan. In an event where one is unable to pay off the loan, the lender will then sell the vehicle to recover the loan funds.

It is important to note that only the vehicle’s owner can secure a loan using its title as collateral. With that in mind, the following are the various kinds of documents required to get title loans, according to Provo’s Utah Money Center.

Identification documents

The lending company will need your social security number and driver’s license. This is a mandatory requirement as it is the most legally accepted way to prove your identity. A valid passport or a national identity card can also come in handy for someone who owns a car but does not have a driver’s license yet.

Residency documents

Not all states offer title loans. Therefore, residency documents will help verify that you live in a state that permits them. This could be anything from a receipt from your landlord to electricity and phone bills.

Financial documents

You will need to convince the title loan company that you are financially stable. Documents such as monthly pay slips, bank statements, and tax records act as proof of your financial stability. If you are retired, you can produce documents such as retirement account statements or pension.

Vehicle documents

These include vehicle registration and title. These will confirm that there is no existing lien. It is also to show that you rightfully own the car. The lender also needs to see that the vehicle is fully insured.

Reference information

Your references will help the lender decide whether you are eligible for a loan, based on your character. If you are unable to pay off the loan and the lender cannot reach you, they will contact your references. Ensure you give at least three reliable references.

A title loan could be just what you need to meet that urgent financial requirement. If you have a vehicle and its requirements, go ahead and bridge that financial gap.

A title loan allows someone to apply for a loan and submit their car title as the guarantee. The good thing about title loans is that the borrower can use the car while paying for the loan. In an event where one is unable to pay off the loan, the lender will then sell the vehicle to recover the loan funds. It is important to note that only the vehicle’s owner can secure a loan using its title as collateral. With that in mind, the following are the various kinds of documents required to get title loans, according to Provo’s Utah Money Center. Identification documents The lending company will need your ...

3 Bad Effects of Chemical and Oil Spills on the Environment

3 Bad Effects of Chemical and Oil Spills on the Environment

chemical and oil spillThe vast ecosystems and marine life work together to provide a balance in the environment. However, due to pollution, the imbalance has taken a toll on our surroundings, including the plants and animals.

Every year, there are thousands of chemical and oil spills in the coastal waters of the country.

The oil spills range from tiny collisions to massive spills. When there is a release of oils and chemicals on land or in the waters, these substances contaminate the resources that are important in the food chain.

The spills can wreak havoc on the environment as well as the habitat, the animals, plants and humans, too, and these have many bad effects on the environment.

Negatively Affect Marine Life

The release of chemicals and oils into the coastal waterways is a big predicament. These substances can kill marine animals, contaminate the important resources in the food chain and destroy habitats.

Some toxic chemicals so not break down easily, moving up through the food chain.

As a result, these chemicals build up in the tissues of small organisms and marine animals. When bigger fishes eat the tiny organisms, they can also harm marine mammals and even humans.

Chemical Spills Can Damage Farmlands

Some chemicals may affect the environment, particularly farmlands and water resources. When these chemicals contaminate the land, it may lead to toxicity not only in plants and animals but also among humans who consume crops.

Some people use spill control kits to help control chemical spills and reduce the risk of damage to the soil, water, animals and plants.

Chemical and Oil Spills Can Contaminate Water

Water is vital for survival for all living things. When there is no water, death is inevitable. In some cases, when there is a chemical spill, water resources are affected. The bad thing is, clean water and drinking water are contaminated. This may lead to various bad health effects to animals and humans alike.

Chemical and oil spills have many bad effects on the environment. If these are not controlled, it can seriously affect human, animal and botanical life.

The vast ecosystems and marine life work together to provide a balance in the environment. However, due to pollution, the imbalance has taken a toll on our surroundings, including the plants and animals. Every year, there are thousands of chemical and oil spills in the coastal waters of the country. The oil spills range from tiny collisions to massive spills. When there is a release of oils and chemicals on land or in the waters, these substances contaminate the resources that are important in the food chain. The spills can wreak havoc on the environment as well as the habitat, the animals, plants and ...

Cost of Cigarettes in New Zealand to Increase by January 2018

Cost of Cigarettes in New Zealand to Increase by January 2018

cigarette smokingNew Zealand’s plan to become smoke-free by 2025 includes a 10 per cent increase in cigarette and loose tobacco prices, which will be effective on Jan. 1, 2018.

Bridget Rowse, Northland District Health Board Smokefree advisor, advised smokers to consider quitting the habit to save on costs. Alternatively, those who are not yet ready to quit smoking may buy vape mods online at sellers like EasyPuff. E-cigarettes have become a popular choice for people who want to quit at slower pace.

Tobacco Prices

According to Rowse, more than 250 Kiwis in Northland have quit smoking so far in 2017 through the Toki Rau Stop Smoking Services. Aside from e-cigarettes, other alternatives or products that may help you quit include nicotine patches and gum. These only contain a small amount of nicotine and manufactured without 4,000 chemicals found in cigarettes.

Based on 2013 Census data, almost 20,000 people aged 15 years old and above the smoke, which accounted 19.1 per cent of the population. This exceeded the 15 per cent rate nationwide. The Ministry of Health also said that smoking among teenagers also fell by one-third since the previous year.

Teenage Smokers

In 2016, there were 12,000 people between 15 and 17 years that engage in the habit. This figure has dropped to 8,000 people, according to Quitline. It also represented progress on curbing teenage smoking, as the numbers had significantly improved in the last 10 years when there were 35,000 adolescent smokers.

According to Quitline clinical director Sharryn Gannon, the average smoker starts the habit as early as 14 years old. She cited research in saying that people are likely not to smoke at all if they reach 25 years olds without lighting a cigarette.

Conclusion

The higher price of cigarettes in 2018 should make you think twice about quitting the habit. If it seems unlikely, many available products can help you with the process.

New Zealand’s plan to become smoke-free by 2025 includes a 10 per cent increase in cigarette and loose tobacco prices, which will be effective on Jan. 1, 2018. Bridget Rowse, Northland District Health Board Smokefree advisor, advised smokers to consider quitting the habit to save on costs. Alternatively, those who are not yet ready to quit smoking may buy vape mods online at sellers like EasyPuff. E-cigarettes have become a popular choice for people who want to quit at slower pace. Tobacco Prices According to Rowse, more than 250 Kiwis in Northland have quit smoking so far in 2017 through the Toki Rau ...