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The purpose of art is washing the dust of daily life off our souls. Pablo Picasso, 1881-1973, Spanish Artist
GM: Bankruptcy no solution (Lansing State Journal) DETROIT - General Motors Corp. Vice Chairman Bob Lutz said today bankruptcy would not solve the automaker's problems.
Bankruptcy is an occurrence that can happen to anyone. In bankruptcy you generally need to find some way of living while at the same time you pay your creditors what you owe to them. From time to time Congress will change the various sections in the bankruptcy code to account for the trends and occurrences in todays business environment. To have this credit counseling you can only use agents that have been approved by the government. If the credit card company feels that you are using the card in an unlawful manner they can refuse to discharge your debt. There are many reasons why credit card bankruptcy claims will be challenged. |