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What debts are not discharged in bankruptcy?
Bankruptcy laws differ according to countries, there is no universal law that is applied in all countries. In my home country, a person cannot declare bankruptcy, he has to pay the debt no matter his financial position, even when it means getting money from his immediate relatives. You will have toRead more
Bankruptcy laws differ according to countries, there is no universal law that is applied in all countries. In my home country, a person cannot declare bankruptcy, he has to pay the debt no matter his financial position, even when it means getting money from his immediate relatives. You will have to chek with the law in your residing country to see what debts are discharged when declared bankrupt. Or, you could have been specific with the question.
See lessWhat happens if a person declares bankruptcy?
I think it depends on the country's law. In our country, a person cannot simply declare bankrupt and walk away without paying off debt. If he cannot pay off the debt, debtors will confiscate his property, if his property value is less than the debt, debtors will book his closed relatives such as a sRead more
I think it depends on the country’s law. In our country, a person cannot simply declare bankrupt and walk away without paying off debt. If he cannot pay off the debt, debtors will confiscate his property, if his property value is less than the debt, debtors will book his closed relatives such as a spouse, parents, children, etc. If the debt is still unpaid, he will land in to jail and spend a couple of years in jail.
See lessHow to get out of debt with no money in India?
If you do not have money to pay off your debt but wat to get out of debt you have a couple of options: 1. Burrow from friends and family. Your famuily and close friends can help you by giving money on which you do not have to pay interest that you can use to pay off your debt. 2. Sell your assets. IRead more
If you do not have money to pay off your debt but wat to get out of debt you have a couple of options:
See less1. Burrow from friends and family. Your famuily and close friends can help you by giving money on which you do not have to pay interest that you can use to pay off your debt.
2. Sell your assets. If you have properties, a house, land, car, golds, etc. you can sell your assets and build funds to pay off your debt.
3. World hard make money and start paying off debt.
How do we Understand and Adapt to diverse Customer Needs.
You cannot sell the same product to different kinds of people, right? For instance, can you sell iPhones to all sorts of people? YOu have niche customers for iPhone. However, you can sell Samsung's phones to all sorts of people because Samsung has different ranges of phones that cater to the needs aRead more
You cannot sell the same product to different kinds of people, right? For instance, can you sell iPhones to all sorts of people? YOu have niche customers for iPhone. However, you can sell Samsung’s phones to all sorts of people because Samsung has different ranges of phones that cater to the needs and pockets od diverse customers. You will have to identify your customers first, understanding customers means identifying people who are actually buuying your products.
See lessIs it possible to make money as a photographer
There are multiple ways to make money as a photographer, the easiest way to get started is starting as an event photographer, you can contact event planners and start photographing events. Another way is by working as a fashion photographer, you can open a studio and work in tandem with a model agenRead more
There are multiple ways to make money as a photographer, the easiest way to get started is starting as an event photographer, you can contact event planners and start photographing events. Another way is by working as a fashion photographer, you can open a studio and work in tandem with a model agency or fashion house. You can also make money by teaching photography. You can sell your photographs online to make additional money.
See lessHow Married Couples can get out of Debt without money?
If you do not have money to pay your debt, whether you are single or married how do you suppose to come out of debt. If you do not have money but if you have assets that can be sold, you can try selling your assets to pay your loan. If that is also not possible, you can both try working harder, makeRead more
If you do not have money to pay your debt, whether you are single or married how do you suppose to come out of debt. If you do not have money but if you have assets that can be sold, you can try selling your assets to pay your loan. If that is also not possible, you can both try working harder, make more money, cut your spending and starti paying your loan. Paying off the debt should be the first priority.
See lessCan I Switch Between Fixed and Variable Rates in a Loan?
It depends on the policy of the central bank in your home country and the bank that provided you with a loan. Some banks do not allow you to switch between your interest rates, and some banks are flexible and allow you to switch between fixed interest rates and variable interest. When you are gettinRead more
It depends on the policy of the central bank in your home country and the bank that provided you with a loan. Some banks do not allow you to switch between your interest rates, and some banks are flexible and allow you to switch between fixed interest rates and variable interest. When you are getting a loan, make sure what options you have with the bank when it comes to paying interest on your loan.
See lessWhat are the Compelling Benefits of Health Insurance?
Health care is very expensive, however, you cannot simply avoid getting medical attention as this is a necessity. Interestingly, having health insurance can provide coverage for most of your diseases. You can not only get coverage against diseases but also emergency medical care such as going for imRead more
Health care is very expensive, however, you cannot simply avoid getting medical attention as this is a necessity. Interestingly, having health insurance can provide coverage for most of your diseases. You can not only get coverage against diseases but also emergency medical care such as going for immediate surgery, treatment after accidents, etc. There are different kinds of medical insurance available and you need to choose the one that is most appropriate for you.
See lessHow can i start a Mobile laundry business in the UK?
Are you sure you want to do mobile laundry and not a laundromat? First of all, try to find, if there is a demand for mobile laundry service, secondly check your competitors. If you get a favorable answer, you can start a business. You need to start by investing in washing machines and a truck to movRead more
Are you sure you want to do mobile laundry and not a laundromat? First of all, try to find, if there is a demand for mobile laundry service, secondly check your competitors. If you get a favorable answer, you can start a business. You need to start by investing in washing machines and a truck to move your laundry machines. Try to reach your customers by promoting and advertising on social media, mostly among the local residents. You can also try the facebook marketplace to find customers.
See lessHow to get a loan as entrepreneur to startup my small business?
In order to get a business loan, you need a functional business. You should have already invested some money in your business and you need to convince the lender that you need additional money to build your business. You can do that by submitting your business proposal. Secondly, you also need collaRead more
In order to get a business loan, you need a functional business. You should have already invested some money in your business and you need to convince the lender that you need additional money to build your business. You can do that by submitting your business proposal. Secondly, you also need collateral because the lender wants security for the loan. Your collateral needs to be highly valued assets that can guarantee that the lender can recover funds.
See less