Fresh Start with Bankruptcy

Fresh Start with Bankruptcy 

What is a Bankruptcy? 

My answer to the above question, is the topic I will write in detail today.  

          Bankrupt

'Bankruptcy' offers an individual or a business a chance to start 'fresh', by having the debts forgiven.  

Also, Bankruptcy offers the creditors a chance to obtain some form or portion of repayment based on what assets were available of the debtor. 

A Bankruptcy is a 'legal proceeding' involving a person or business.  I will focus on the 'person' portion of my writing today.  

          Freedom

A person in Bankruptcy is someone who is unable to repay the outstanding debts owing to all of his/her creditors.  

The bankruptcy, begins with a legal document filed by the debtors 'Bankruptcy lawyer/accountant'.  

The debtor's assets are calculated, assessed and evaluated; whereupon the assets are used to repay all or portions of the outstanding debt. 

Upon the successful completion of bankruptcy proceedings, which is approximately 14 months in length, the debtor is relieved of the debt obligations, however there are fees associated with entering this protection plan from creditors, matter of fact - big fees. 

Thank you for reading.

Ben

Importance of Water

Importance of Water

I would like to bring attention to the following statistics regarding 'Clean Drinking Water'. 

          Banff Alberta 

- 70-75% of the Earth's surface is covered with water,

- 97.5% of the Earth's water is salt water,

- 2.8 billion people live in areas of high water scarcity,

- 2.2 million people die every year, from unsafe water and poor sanitation reasons,

- 2 elements make up water: hydrogen & oxygen,

- 96% of a cucumber is made up of water, 

- 65% of an adult human's body is made up of water,

- The same water that existed on the Earth millions of years ago, is still present today,

Water is the life of all living things, every living creature depends on water to survive.  

Last statistic:

- Of all the water on Earth, humans can only use about 1% of it.  Usable water is only found in groundwater aquifers, rivers and freshwater lakes. 

Please be cognizant of the importance of this liquid, and use it wisely.  

Sincerely, 

Ben here ehh,