Archive for February, 2018

Filing a Chapter 7 Bankruptcy: What You Need to Know

A businessman got bankruptFiling for a Chapter 7 bankruptcy can be a tricky endeavor for people looking to seek relief from an enormous amount of debt. This underlines the need to do it properly and increase the chances of approval.

Most people consider themselves great money managers, even when the odds are weighed heavily against them. Studies reveal that over 52% of employees stress over their finances. A further 45% of them admit that finances are the leading stressor in their lives.

However, given the sensitive nature of the matter, people rarely open about their financial woes until it is too late. If your financial woes drive you to look for a Chapter 7 attorney in Salt Lake City, here is what you need to know:

It doesn’t cover all your debt

A Chapter 7 bankruptcy is a debt relief program by the federal government that seeks to ease the lives of people drowning in debt. Under this provision, you get a waiver of the unsecured loans such as the credit card debt, payday loans, and personal loans. However, it does not cover student loans, child support, alimony, and back taxes.

It is often a measure of last resort when you run out of options and are unable to service a bludgeoning debt. As such, you need to convince the federal government of your plight and pass a series of assessments over a period of six months.

It’s possible to derail the process by misconduct

While filing for bankruptcy gets creditors and bill collectors off your back, you should not take it as an easy way out. The government makes every effort to ensure that only the people who need the waive get it. As such, they will take a fine-tooth comb through your life until they are satisfied that you are up against the wall.

You should not try to transfer or hide any assets that you may have to qualify. Such underhand tactics are frowned upon and could land you in legal trouble while hurting people who genuinely need the waiver.

Filing for bankruptcy is a measure of last resort for people drowning in a debt they can’t hope to clear. As such, you should apply for a Chapter 7 when backed against the wall.

February 26, 2018 at 4:00 amFinance

Improve Your Business Goodwill with These Tips

A businessman checking something on paperGoodwill is intangible – but it’s an asset that you’d want to build your business. Here are some tips on how to get this done:

It’s All in the Packing

It’s not just the product – it’s how you present the product. Good restaurants know this, which is why they pay attention to how the food is served. As a merchandiser, you should invest in an automatic cartooning machine that gives you the freedom to embellish your containers as you see fit. A good container delivers a safe product that will keep your customers happy.

Invest in Your Workers

Don’t try to cut corners with workers and make sure they’re properly trained to keep customers happy. Good workers present a low turnover in your staff, which means that they’ll be more adept at serving and working with repeat clients. A good way of making sure your workers remain loyal and cheerful is by offering them a livable salary.

Follow Up After the Sale

It’s always a good idea to stay in touch with your clients after the sale. How do you do this? A simple email, text message, or a social media message can help perk up interest in you. It doesn’t have to be elaborate – just create a message that ascertains whether they’re happy with their purchase. In extension to this, you should invest in good customer service.

Establish a Relationship

Don’t just communicate with your clients whenever they set foot on your business – that’s bad marketing. Instead, you’d want to create a continuous presence in their lives. A good example would be maintaining a Facebook or Twitter account. By doing this, you maintain a background presence that makes it possible for them to constantly “check out” what’s new with you.

Of course, those are just some of the techniques you can use to build goodwill. Once you’ve managed to establish a good reputation, getting new clients becomes easier.

 

 

February 22, 2018 at 1:36 pmStraight Market

Report: Brisbane Most Vulnerable to Long Drought, Water Shortage

Water dropBrisbane emerged as the most vulnerable to a potential water drought and shortage among capital cities in Australia, according to a Cross Dependency Initiative report.

On the other hand, Adelaide and Perth have the best chances of staving off a water crisis due to resources such as desalination plants. Still, these cities may only handle water demand for residential use, according to Rohan Hamden, Cross Dependency Initiative’s climate change adaptation specialist.

Vulnerable Cities

While Brisbane may be the most vulnerable mainland state capital, Canberra, Darwin and Hobart are even more at risk. According to the report, the absence of desalination facilities in these cities would render them defenceless against a possible drought. In Adelaide and Perth, the desalination plants would provide each person with 342 litres and 397 litres of water per day, respectively.

The water supply per resident in Melbourne would be 209 litres, while those in Sydney would each receive only 99 litres daily. Hamden said that desalination plants have been a worthwhile solution, but local governments have to consider a holistic approach particularly for water infrastructure to address potential supply risks. If historical patterns serve as an indication, he added that a 39-year drought that occurred in the year 1174 could happen again in Australia.

Water Safety Standards

The subject of a likely water crisis not only involves a steady source of supply but also ensuring safe and clean drinking water. Australia recently launched the Good Practice Guidelines for Water Data Management Policy, which reflects global initiatives on clean water and sanitation.

When planning infrastructure projects, the policy reinforces the need to use materials such as stainless pipe and tube fittings that are compliant with the WaterMark Certification Scheme.

Local and regional governments in Australia need to invest in water infrastructure projects aside from desalination facilities. Is your city capable of responding to a potential drought?

 

 

February 20, 2018 at 8:01 pmHealth & Lifestyle

Critical Questions You Need to Ask Before Working with a VA Lender

a banker handing a client a loan document to signThe VA Loan Program has been helping veterans, and active service members purchase homes and refinance their home loans since the ‘70s. But to use the VA loan and maximize its benefits, you need to find the right VA-approved lender.

Below are some crucial questions you need to answer when shopping around for prospective lenders.

What’s the VA Lender’s Background on VA Loans?

Although VA loans might not be the best option for all military borrowers, they’ve helped plenty of military people fulfill their dreams of homeownership.

But because they offer such excellent benefits — reduced rates, 0% down payment, and no PMI, among others — they are likewise considered a very specialized product, which means that they can’t be offered by just any lender.

Basically, you would need to find a lender that’s officially approved by Veterans Affairs because VA loans come with very specific requirements and guidelines that are slightly different from those that come with other types of loans.

Could the VA Lender Connect You with a Real Estate Agent Experienced with VA Loans?

For plenty of military homebuyers, working with real estate agents who have ample experience with VA loans is very crucial. This is because they fully understand the unique requirements of military homebuyers and know how to maximize the benefits that VA loans could provide.

What Do Real Clients Say About the Lender?

Many people depend on online reviews when trying to make buying decisions and a VA loan is probably one of the biggest purchases you’ll make in your life. Do your research and read testimonials and reviews of your prospective lender’s clients.

Make sure to read real testimonials and not those that look cherry-picked. Consider looking through trusted and reputable third-party review websites if you’re uncertain of the authenticity of the reviews on the lender’s social media accounts or official website.

Selecting the right VA lender could mean the difference between buying the house of your dreams and getting stuck a so-so house. Try to meet up with prospective lenders multiple times to get a feel of how they work with their clients.

February 20, 2018 at 8:04 amFinance

What You Need To Know Before Getting A Car Title Loan

Man handing over car keysAt some point in people’s lives, there may come a time when they would need to spend a certain amount of money, money which unfortunately they don’t have on hand. A medical emergency perhaps, or major house repairs that aren’t covered by their savings.

When this happens, one option for getting the money needed is to turn to cash loan service providers like Utah Money Center. In Salt Lake City, there are different kinds of loans available for those who need to borrow money fast. One of these is a car title loan, which is a small and short-term loan in which the title on a vehicle is used as collateral.

Here’s everything you need to know about a car title loan and when it’s ideal to apply for one.

How does it work?

Borrowers need to pledge their vehicle as loan collateral by giving the vehicle’s title to the lender until the loan is repaid in full. In order for you to borrow against your car, you need equity in it. In most cases, borrowers need to own the vehicle free and clear (with a clear title to show for it), but there are cases when lenders approve loan applications even if borrowers are still paying off a standard purchase loan.

How much can you borrow?

The loan amount is based on the car’s value or the equity in it. In general, the greater the car’s value, the bigger the amount that you can borrow. However, the full value of a car is rarely given because the higher the amount lent, the more difficult it will be for borrowers to pay it back. Lenders may give only the amount that they can get for the car if they have to repossess and sell (it if the borrower is unable to repay the loan).

What is the usual loan period?

Car title loans are often due for complete repayment within 30 days. In cases where borrowers are unable to repay within that period, they can extend repayment by rolling over the loan. This means they get a new 30-day loan, but they would have to pay new loan fees and additional interest.

What do you need to apply?

Applying for a car title loan requires you to complete a loan application, after which you will need to present your car, a photo ID, proof of insurance, and the clear title. You may also be required to provide duplicates of your car keys.

When applying for a car title loan, make sure you review the loan terms. Ask the lender to tell you the total cost of the loan as well as the annual percentage rate or APR. Lastly, borrow only what you can repay in full by the date the loan is due so that you avoid paying for a loan rollover or worse, losing your car.

February 9, 2018 at 7:53 amFinance

Report: Construction Spending hits Record Amount in Southwestern Utah

Two engineers planningConstruction spending in Southwestern Utah, including for industrial supplies online or offline, reached a record amount in 2017, according to an NAI Excel report.

The report based its analysis on residential and commercial construction projects such as houses, hotels, offices and retail buildings.

Slow Recovery

NAI managing director Neil Walter described the record-high construction spending in Southwestern Utah as a “slow moving” expansion since 2010. Aside from building activity, the level of spending has been beneficial to the real estate market as well.

Property prices have climbed, while vacancy rates for residential and commercial buildings have remained at favorable numbers. Multifamily vacancies, for instance, have stayed below 1%. The declining vacancy rate also led to the expected addition of around 900 more housing units in 2018. Another benefit of the high construction spending involves jobs. The Department of Workforce Services expects the creation of more jobs this year, due to a positive outlook of most construction firms on the strength of the construction sector in the state and nationwide.

Construction Outlook

A majority of the construction firms in the U.S. expect higher demand for all services in 2018, according to Stephen Sandherr, Associated General Contractors of America (AGC) CEO. For this reason, these companies intend to hire more people to meet the projected growth in demand.

The AGC and Sage Construction and Real Estate’s survey showed that 75% of the respondents plan to expand their workforce this year. American contractors believe that the private office market will account for most of their projects. Transportation- and retail-related construction projects ranked next to their list, followed by water and sewer infrastructure.

Conclusion

A record-high increase in construction spending arguably benefits economic and job growth, as well as provide business to enterprises that depend on building projects. Where do you intend to launch your next project this year?

February 8, 2018 at 9:00 amDirections

Taking Care of Loved Ones with Alzheimer’s

A man with alzheimer'sAlzheimer’s disease is a serious problem that affects the elderly all over the world. The illness causes changes in the brain, which result in loss of memory and impairment of other mental faculties.

It usually begins with memory loss and progresses to affect the patient’s reasoning ability, decision-making, judgment and other day-to-day activities.

Consistent Care and Monitoring

Without proper guidance and care from loved ones or caregivers, patients who have this condition will find it difficult to survive. Across America, facilities have been set up where the elderly can receive the best Alzheimer’s and dementia care.

The place has caregivers, medical staff, therapists as well as experts who are trained and equipped to handle the challenges of watching over a patient with this condition. At the early stages, it is still possible for family members to take care of their parent or loved with Alzheimer’s or Dementia.

Incidentally, the two conditions are not the same. Alzheimer’s is a form of Dementia, and the situation can worsen to become full-blown where the patient is no longer able to function by himself. Dementia may be caused by severe head or injury or even a stroke.

And while there are now brain scans that allow doctors to track the early onset of Alzheimer’s, the technology is not yet able to predict who will develop it down the road.

Preparing for the Worst Case Scenario

Brain scans of an Alzheimer's patientOf course, if your family has a history of Alzheimer’s disease, there is an increased risk that you will also be developing it. In this case, it’s better to equip your family members with the basic knowledge and emotional understanding needed when caring for an Alzheimer’s patient at home.

Your doctor can give you more tips and prepare a checklist for the things you need to make your loved one with Alzheimer’s or Dementia more comfortable at home. There are also exercises to help them stay active and alert through the day.

However, experts do advise that when the condition worsens, the patient may need admission to a care facility that can monitor and care for them round the clock.

Some people may consider this the worst case scenario, but it may be in your loved one’s best interest to be checked in to a facility that is better equipped to handle their needs.

February 5, 2018 at 2:41 pmHealth & Lifestyle

4 Ways to Make Sure Your Boat is Safe from Thieves

Boatshed on the River in blue houseThese days, nothing is safe from thieves. Even the boat that you thought was something thieves will not dare rob is already in danger. This is why it is important for boat owners to make sure that their boat is not going to be the next victim of any theft attempts.

The following are ways to improve the safety of your boat from thieves.

Cover boat properly

One of the most basic rules for preventing theft is concealment. When they are not able to see your interiors of your boat, they are less likely to pay mind to it. This is why bass tracker covers are very important tools to prevent theft.

Apart from this, it also protects your boat from getting destroyed by extreme weather conditions.

Do not keep valuables in the boat

Do not risk getting your valuable documents or possessions from being stolen. Get them and store them in a safer environment instead so that you will not have to deal with them later on.

Use a trailer lock

If you are parking your boat in a pier or a dock, it may be best to use a trailer lock so that it will be difficult to move it. This is already a step in the right direction against losing the boat.

Install boat alarms

Houses and cars are not the only ones that have security alarms. Boats are now also equipped with alarms that can help in preventing the boat from being stolen. Make sure to choose one that is easy to use and has customized reliability that fits its context.

Sure, no one can really say that their boat is 100-percent safe from whoever is planning to rob it. But, at least, these steps can do a lot in making it difficult for them to take anything that is yours.

February 1, 2018 at 9:59 amDirect Service