31 Oct
Posted by Ebony Culley as Credit Report
A pressure sore, or decubitus ulcer, is skin damage in the form of a wound resulting from continuous pressure. Usually these sores form over bony prominences, such as your elbows, heals, and sacrum. Elders are most susceptible, though any person who is unable to reposition his or her body is vulnerable to pressure sores.
Other factors that can contribute to compromised skin integrity are moisture, such as sweat or feces; traction, such as skin being stuck to the sheet and then pulled away; and ill-fitted adaptive equipment, such as a tight splint.
Pressure sores develop from reddened patches, when initial irritation begins. These areas sometimes become white when the blood supply is cut off from the skin tissue, also called ischemia. Lastly, the sore opens.
29 Oct
Posted by Hayley Crosby as Credit Score
A reader emailed me to following question: “Can a married couple both claim head of household exemption from wage garnishment if they life together, but where each spouse supports different dependents who are children of a previous marriage.”
I have not seen a case on this issue, but I think the answer is that each spouse can claim the exemption from wage garnishment. Head of household does not refer to a physical house as much as it refers to a family unit. A debtor can claim head of household exemption if he supports a dependent who lives a different address. Only one person can claim head of household in each “household.” I think two people can reside in the same property, and be married to one another, but each spouse can still be the head of separate families which relate to their respective prior marriages.
Question: Is there a timeline when claiming bankruptcy?
We declared bankruptcy in Sept. 09- finished our payments on time and did our sessions in Nov 10. Got our first court date for April 11 but the trustee had not properly signed the afidavites so the judge would not hear the case that day. There is one creditor opposing it. Now it Oct. 11 and we haven’t heard from anyone- is there anyway to speed this up?
I just want to put it behind me.
Mel
Answer: A bankruptcy discharge hearing is required when a creditor opposes your discharge, which appears to be the case in your bankruptcy. In Toronto court it is not uncommon for there to be a backlog of between six months and one year to get a court date. I
Thanks to the good folks over at BeatingBroke.com for hosting this week’s Carnival of Personal Finance — the long-running weekly roundup of the best personal finance advice on the Web.
The Carnival of Personal Finance #332 included my post from last week, “We know what we know — except for credit card debt,” which discussed new research from New York Federal Reserve Bank economists showing that credit card debt is unlike all other types of debt. We know how big our mortgage is, how much we still owe on that clunker in the driveway, and how big the student loan debt is — but not credit card debt. Read full post…
This credit repair blog talks a lot about how important credit scores are in this economy and how to boost credit scores to get the lifestyle you deserve.
That being said, the one thing I want to emphasize is…
Sometimes it can feel like your credit score is an extension of yourself…
But that is not the case.
Who you are as a person has NOTHING to do with your credit score.
In America, we are judged by our credit score more than ever before. (Ge
Thomas Gerard Martino has filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court in Denver with liabilities of $78.6 million and assets of $1.37 million. It lists secured claims of $3 million and unsecured claims of $75.6 million.
So, what; who is this Martino guy? Thousands of people across the U.S. file bankruptcy every year . Mr. Martino, better known as Tom Martino, is a consumer affairs watchdog and media personality in the “mile-high city” of Denver, Colorado.
However, Martino told the Denver Business Journal that he ‘only’ owes about $36 million, and that the bankruptcy filing listed one $14 million debt three times, which a legal spokesman confirmed.
Martino, who once appeared on KDVR/Fox31, blames “bad commercial real estate debt, the recession and two failed banks for his financial problems” writes Heather Draper on www.bizjournals.com. He avers th