Know what happens when an individual declares bankruptcy and how it affects his or her life.
quote by Marilyn vos Savant
Submitted by Lucian Velea
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Related quotes
Whatever It May Be that Affects
What,
Ever it may be that affects...
You have it in yourself,
To disconnect it.
Whatever it may be that affects,
You have it in yourself...
To disconnect it.
Whatever it may be that affects.
Whatever it may be that affects.
A loneliness you wish to rid!
Whatever it may be that affects.
Emotions breeding to feed on fears!
Whatever it may be that affects.
Whatever it may be that affects.
Heartbreak that can not escape the aching.
Let it go!
Don't let it upset.
You gave to it now from you erase it!
Whatever it may be that affects,
You have it in yourself...
To disconnect it.
Whatever it may be that affects.
Whatever it may be that affects.
Let it go!
Don't let it upset.
Whatever it may be that affects.
Let it go!
Don't let it upset.
Whatever it may be that affects.
Let it go!
Don't let it upset.
Whatever it may be that affects.
Whatever it may be that affects.
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family farmers, be made permanent.
quote by Tim Holden
Submitted by Lucian Velea
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Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.
quote by Eric Hoffer
Submitted by Lucian Velea
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Censorship is never over for those who have experienced it. It is a brand on the imagination that affects the individual who has suffered it, forever.
quote by Noam Chomsky
Submitted by Lucian Velea
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Social Insecurity
Strapped Seniors use credit cards ‘stead of cash
To stay afloat, after losing their stocks n’ bonds
Yet more victims of another Wall Street crash
“Let them eat cake” is what the Fed responds
ROTMS
From Reuters Article 10/23/2010
Retired and broke: Why retirees are declaring bankruptcy
For more and more seniors, retirement doesn’t mean a debt-free life of leisure. An increasing number of Americans aged 65 and older are declaring bankruptcy, according to a recent study by John Pottow, professor of law at the University of Michigan Law School.
Those aged 65 and older represented seven percent of bankruptcy filers in 2007, a mind-boggling jump from 1991. They are the “fastest-growing age demographic, ” according to Pottow’s study.
What’s the culprit for so much debt? Credit cards. Two-thirds of Americans who filed for bankruptcy said credit cards were the key reason for their financial problems, according to Pottow’s research. Besides having more credit card debt compared with younger bankruptcy filers,44.8 percent of those aged 65 and older also had more plastic in their wallets. “They’re using credit cards as a maladaptive coping mechanism, ” Pottow says.
Stephanie Osterland, a supervisor in the bankruptcy department at GreenPath debt solutions, sees an increasing number of seniors living beyond their means. Says Osterland: “They’re just trying to live off of a fixed income, and that’s usually Social Security. Maybe they have a small pension. We find they’ve used credit cards to supplement that income and expenses or they just end up getting into a lot of medical debt.”
In addition to escalating medical expenses, seniors have seen their portfolios hit hard by the lagging stock market. Carolyn Rodi of Saving Your American Dream says those considering bankruptcy should see a credit counselor at a non-profit organization to get their finances in order.
Credit counselors, such as those at GreenPath, help the elderly deal with a stressful situation. “We try to help them focus on what it’s going to look like” after they get out of debt, Osterland says.
Rodi also recommends that potential bankruptcy filers seek out pro-bono legal aid. “There are a lot of elderly people that are being taken advantage of by bankruptcy attorneys and mortgage brokers who are advising them improperly to pay for the bankruptcy, take out a reverse mortgage or to do things that aren’t in their best interest, ” she says. ”If you have no income, why should you borrow to pay someone when you can get free legal aid? ”
What are the chances of a senior paying off his or her debts? It’s difficult to determine, especially because seniors tend to be on a fixed income. And while finding a job — such as a WalMart greeter — seems like a viable option, it is not necessarily feasible for all seniors to work.
In addition, whether or not a person declares Chapter 7 (which involves the liquidation of one’s assets) or Chapter 13 (which allows debt restructuring) bankruptcy can be a significant factor in determining what one’s lifestyle will be. “If you have to file for Chapter 7 bankruptcy, you may be able to find affordable housing that allows you to just get by, ” says Rodi. “Chapter 13 lets you keep your house and doesn’t touch your retirement savings.”
Regardless, filing for bankruptcy is very stressful for anyone. “A lot of our clients in that post-retirement age have a hard time coming to grips with their situation, ” Osterland says. “It’s very emotional for them. We try to focus on the future and see if this debt can be lifted off their shoulders.”
poem by Ray Lucero
Submitted by Poetry Lover
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We are all connected to everyone and everything in the universe. Therefore, everything one does as an individual affects the whole. All thoughts, words, images, prayers, blessings, and deeds are listened to by all that is.
quote by Serge Kahili King
Submitted by Lucian Velea
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There is not one big cosmic meaning for all, there is only the meaning we each give to our life, an individual meaning, an individual plot, like an individual novel, a book for each person.
Whatever affects one directly, affects all indirectly. I can never be what I ought to be until you are what you ought to be. This is the interrelated structure of reality.
quote by Martin Luther King
Submitted by Lucian Velea
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That this individual life of all of us is not something limited in its temporal expression to the life that now we experience, follows from the very fact that here nothing final or individual is found expressed.
quote by Josiah Royce
Submitted by Lucian Velea
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We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.
quote by Martin Luther King
Submitted by Lucian Velea
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For the Absolute, as we now know, all life is individual, but is individual as expressing a meaning.
quote by Josiah Royce
Submitted by Lucian Velea
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There is no force like success, and that is why the individual makes all effort to surround himself throughout life with the evidence of it; as of the individual, so should it be of the nation.
quote by Marcus Garvey
Submitted by Lucian Velea
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Letter to vengful psychic
How could you say
all those lies to me?
especially when I sent you all
those cards of Melodie.
Melodie is my child within
if you care,
how could you even dare?
What affects her,
affects me,
she is my E.T.
“How can you
use your psychic power
for bad?
That is absurd and very sad.
poem by Christina Sunrise
Submitted by Poetry Lover
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Lifes Projection
Inside an individual's life is a projection
of their life story, created from the Lamp of Divine light.
This Divine Light, focused, condensed, into a strong beam
projecting the ongoing life story of the individual.
This beam of Divine Light shines through the shutter
of moments connected by consciousness.
Consciousness acts like film, where the life story of the individual is experienced, acted on, and stored. The shutter of moments lets the Divine Light through because each moment is in the right position.
poem by Bullion Grey
Submitted by Poetry Lover
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Tower Of Strength
It is my tower of strength,
This poses a threat to the man opposite,
In his attitude is a look of harm
So I thrust my sword to darken the matter.
He is a strong skyscraper,
One that blessedly and loudly declares,
It declares the beliefs of weight,
And devises the suggestions of sin
When asked further, so dream on!
My strong talk is selling a thought
For the infirm and weak, the utterly helpless.
They shall inspire themselves
After the act of healthiness is accomplished.
poem by Naveed Akram
Submitted by Poetry Lover
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Racist Cowardice
He declares and speaks the truth.
Daring to clear the air...
Of polluted deceitful affairs.
Some distrust such crushing done.
Since honesty had never been delivered...
So bare that it glares,
In the face of those delusioned.
Foundations cracking,
From under false assumptions.
Stunning those fantasized,
By such reductions.
And he is qualified to lead them.
Although they wish his lips would soften.
He declares and speaks the truth to them.
Something that has not been done often...
To a nation afflicted with racist cowardice.
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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Life: Motion's Shadow
Life is motion's shadow-
Movement declares: LIFE WAS THERE.
poem by Eon Ezkiel
Submitted by Poetry Lover
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Knowing What Is Felt Within
There is nothing quite like,
Being honest with oneself.
Knowing what is felt within.
And how it affects...
Without concern of what comes next!
That's the best reality,
One can possibly get.
To admit mistakes...
With a forgiveness that it takes,
For one to move on!
Remaining strong and keeping a faith maintained.
After going through the motions...
Of living a life in pretense,
That 'something' about it has been lived well.
Until something about 'that'
Awakens one out of its limitation.
To realize...
There is nothing quite like,
Being honest with oneself.
Knowing what is felt within.
And how it affects...
Without concern of what comes next!
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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Let The Polar Bears Live
Who are we to pollute Polar Bears homes?
Ruin their lives and then take the throne.
The illusionary throne of power that we
Think we have,
Will man’s power over animal kingdom ever end?
Try to control God’s will and not comprehend?
It’s not about power,
it’s about strength in this new land.
Strength to work together with all beings of life,
not destroy them with an polluting knife.
What affects them affects us all,
It’s like a snowball effect,
Which keeps getting bigger like a beach ball.
Written by Suzae Chevalier on August 20,2011
poem by Christina Sunrise
Submitted by Poetry Lover
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Easy As a Peach Pie Eaten
Who proclaims that being busy,
Is as easy as a peach pie eaten.
And...
Who declares that happiness,
Takes no effort to possess?
And who is it that says these things,
From the comfort of a rocking chair?
When all that's done is a rock with a stare.
As dust sits beneath it,
With reminisced wishes right there.
Who proclaims that being busy,
Is as easy as a peach pie eaten.
And...
Who declares that happiness,
Takes no effort to possess?
And how about those who live life,
Excited with this gift.
While others say their lives are charmed,
But those burdens unseen still exist.
'How is that done? '
It's a mind thing.
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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