Posts

Showing posts with the label exemption

File bankruptcy, exemption of debt before Christmas

Image
As we continue talking about the government falling off the financial cliff, everyone says that they are getting credit. How was it to be a liability? The US government currently has a debt of about 17 trillion dollars, accounting for a deficit of 1 trillion dollars a year. Many experts say the United States will be like Greece, Cyprus, Japan and the Weimar Republic will get worse over the coming years. It is due to debt and it is printed. Many Americans are engaged in lawsuits, they do not start debt settlement by cutting expenditure and borrow more to keep machines up and running. At some point, everything will collapse regardless of whether it is a government or an individual consumer. The only difference between individuals and the government is that they believe they can get out of debt. This financial model does not work. It is never. It is a quick way for Americans to escape debt and be released from debt. The quickest and easiest way to accomplish this is bankru...