Consumer bankruptcy

07 Feb

Posted by Admin as Articles

Credit report easily damaged by medical bills | truthaboutbankruptcy
When most people think of resolving debt through bankruptcy, they tend to focus on credit card debt because that is what is talked about the most. The good news is that individual bankruptcy is a good remedy for any type of consumer … read more…

RI Bankruptcy options: chapter 7 or chapter 13 | DebtDodger.com
http://www.RI-Bankruptcy.com Attorney Mark Buckley explains how consumer debtors in Rhode Island and Massachusetts have two basic bankruptcy options: Chapter 7. read more…

Columbus Bankruptcy Lawyer Help Navigate the Ins and Outs of …
During an era when everything is increasing except for your paycheck, and sometimes in some cases that is actually decreasing, many are feeling it necessary to contemplate personal bankruptcy. While an increase in consumer bankruptcy … read more…

From Google Blog Search

Credit Card Debt – Why Credit Card Companies Will Agree To A Debt Settlement Deal
It is simply astonishing the amount of money credit card companies make just on interest and late fees. The typical American consumer likes to live a lavish lifestyle and unplanned purchases are somet… read more…

Credit Card Debt Got You Stressed Out? – Find Legitimate Debt Settlement Companies
Do you consistently have credit card debt on your mind? Well, don’t feel alone. There are masses of people in the US going thru the precise quandary. If you are feeling your credit card debt has s… read more…

Eliminate Credit Card Debt – How This Recession Makes It Easier To Eliminate Debt
In years gone by, consumers didn’t have the choice of reducing the debt amount they really owed to credit card companies. They needed to bear the weight of the principal amount together with accumulat… read more…

From GoArticles.com

Resolved Question: Why can’t corporations share their profits with their own workers to improve the economy?
Additionally, Why do people think that wages are profits?

Wages are wages and are completely separate from profits. That is basic accounting!

For example,
AT&T made 12.9 billion in 2008
They employ 300,000 people.
Dividend yield for that year was 6.3%

If half of the profits went to employees, each employee would get approximately a 20,000 dollar check at the end of EACH year they made that profit!

Investors would still get a 3.1% dividend yield, which is still better than any bank savings or CD account and 401K’s would still rise! This way, workers get a share of their profits and investors get their dividend. Why don’t corporations adopt this method?

Besides, 80% of trading on the market are in BONDS not stocks.

How much more money would people have if the top corporations shared their profits with the workers that created it?

How much money would be injected into the economy, into the average middle class American’s pocket books, if the top 100 corporations only shared 50% of their profits, ONLY with the workers at the corporations who helped to create that profit?

How many bank foreclosures would have been avoided if corporations shared their profits with the workers at those same corporations?

Would consumer confidence improve if these corporations shared their profits?
Would bankruptcies decrease?
Would spending increase, stimulating growth and development?
Would the average person’s quality of life increase?
Would people have more faith in their CEO’s and corporations if they shared profits?
Would tax revenues increase from the increase in growth and spending, reducing our national debt?
Would our government social programs become more sustainable with less people off of welfare if corporations shared their profits with the lowest paid workers?
Would workers be able to afford the increase in the cost of living?
Would they be able to stay in their homes?

Would Americans be happier, healthier, and more productive if corporations shared their profits?
Profits = Revenues – expenses.
Wages are a part of expenses.
Wages are not part of profits.
Why can’t people understand this?
as.erwin: Yes, this is true. I wish more corporations would not only offer profit sharing, but make it mandatory and tied to performance initiatives.
as.erwin: Yes, this is true. I wish more corporations would not only offer profit sharing, but make it mandatory and tied to performance initiatives.
robzuc97: If that is socialism, then maybe socialism is not a bad thing. Maybe you would be better off in a socialist economy where you got at least half of the profits you create
For the last time, PAYCHECKS ARE NOT PROFITS!

Resolved Question: How correct is the US government and the special report on TARP capital?
The US government bailed watch dog said that the US bailout spur risk.
The report aimed 1) To preserve home ownership and poverty,jobs and unemployment.To increase financing for US business and consumers, but lending is actually decreased.
I would explore further; Banks used the TARP money to restructured and reform their non performing mortgage and overdraft and loan customers. To prevent them from being homeless and applying foe bankruptcy protection. When they had rehabilitated their borrowings banks can write back their bad debt loans provisions into profits. This accounts for their huge profit in the current year and their ability to repay the TARP money back to the government in such a short time.
If banks are to start their lending business again, they need to recapitalised their balance sheet. This they can do by selling right issues to their shareholders and foreign investors,fundrisings and even some good governance banks did, defer their bonuses of the senior executives for three years.
TARP is a Trouble Asset Relief Program, a bailed out program or a loan to banks, certainly do not make the government as a preferred shareholder as some thought. Those banks are responsible banks they pay back the TARP money lent to them before awarding themselves with bonuses..
TARP had help banks to become performing again. Obama administration now wants to convince investors that they have a credible plan to control US deficit and debt. And continue to create job. I hope the government,the fed.and regulators acts as a catalyst and guide Allow banks their desired lending guidelines ,size and their desired corporate culture. The commercial freedom and to do their business profitable.
Yahoo answer team, please delete my question on the expiry time. Thank you.