Filing for Chapter 7 Bankruptcy: Some Pros and Cons

The phrase “filing for bankruptcy” might be the most terrifying in the financial vocabulary (perhaps next to “Great Recession” and “bank run”). However, if you’re contemplating this serious decision, then be assured if you move ahead that you won’t be alone. Each year, hundreds of thousands of people across the country file for Chapter 7 bankruptcy for a variety of reasons, such as excessive medical bills, job loss, divorce, over-investing in the stock market, the list goes on.

Naturally, this isn’t a decision that you can afford (figuratively and literally) to make based on raw emotion or overwhelming anxiety. Yes, being in serious is debt is scary. Actually, it’s terrifying; especially when creditors start closing in, and threats of wage garnishment and asset repossession start flying fast and furious. However, the essential thing to remember throughout this challenging time is that “filing for bankruptcy” is not a subjective condemnation, or an expression of financial failure. Indeed, some of the world’s most successful and important people have filed for bankruptcy, including Walt Disney and Abraham Lincoln.

Rather, bankruptcy it’s a form of legal protection that’s designed to protect you (that’s right, you), so that you can restructure and reorganize your debts and, eventually, regain your financial footing. While it’s obviously not a list of anyone’s favourite things, there’s no shame in filing for bankruptcy. It happens thousands of times a day.

The best — and frankly, the only — thing you can do right now is equip yourself with hard facts. To get you started in the right direction, here’s a rundown of some pros and cons of filing for Chapter 7 bankruptcy based on the advice of experienced bankruptcy attorney Charles Huber:

Chapter 7 Bankruptcy: PROS

  • Unlike Chapter 13, Chapter 7 doesn’t involve a detailed repayment plan. Instead, a trustee sells non-exempt assets and uses the proceeds to pay creditors per the Bankruptcy Code.
  • The process is faster than most people believe, and is usually over within 3-6 months.
  • Most states have exceptions that prevent certain assets from being liquidated.
  • Some filers may be allowed to keep more of their property than they need.
  • Filers will be able to keep their salary and assets the purchase after filing for Chapter 7.
  • Creditors must stop calling, email or communicating with debtors immediately after a Chapter 7 bankruptcy filing.
  • Filers who’ve had wages garnished by creditors within 90 days immediately preceding a Chapter 7 filing may be allowed to get that money bank.

Chapter 7 Bankruptcy: CONS

  • A Chapter 7 filing stays on a credit report for 10 years, and will doubtlessly make it tougher and more expensive to borrow funds, get a mortgage, or even get a job.
  • Filers lose all of their credit cards, and any property that isn’t except from sale (including luxury items).
  • Contrary to what many people believe, filing for Chapter 7 doesn’t except filers from child support payments, alimony obligations, or student loan payments.

The Bottom Line

Deciding to file for Chapter 7 isn’t easy — and that’s a good thing, because it’s something that should only be (possibly) done after careful research, which includes consulting with an experienced bankruptcy attorney.

However, regardless of how difficult things are right now or what has happened in the past, if starting now you do the right things, the right way, and at the right time, be assured that you’ll emerge financially stronger than ever — and will look back on this as a bump in the road vs. the end of the line.

How to Host a Comfortable and Eco-Friendly Multi-Day Event

If you are super organized, putting together a large-scale event might be one of your favorite things to do. From making sure that all guests are able to gain entry without any delay, to checking in with your security detail, vendors and entertainers, you might be running around behind the scenes but keeping everything going smoothly is sure to bring you satisfaction.

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All guests are definitely going to need to have access to plentiful bathrooms. You can hire any number of Satellite Suites & Restroom Trailers for your private event. This will enable guests to relieve themselves and freshen up whenever necessary. Having restroom and shower facilities available in the most convenient location will help to prevent long lines and complaints of trespass from adjacent properties. If you want all event attendees to remain comfortable without harming the environment, these next suggestions will help you to plan a fabulous multi-day event.

Supply Recycling Bins

When you are a guest at a large event and you need to dispose of waste, you are probably going to utilize the first garage receptacle that you find. Whether guests at your event are going to be camping out or staying in private quarters, you want them to be able to recycle responsibly to help prevent the area from being overwhelmed with litter. Putting out clearly marked recycling bins will enable guests to separate plastic items from cardboard and glass, and the premises will stay a lot cleaner. You can place recycling baskets near your restroom trailers to make it as easy as possible for guests to place their trash in the right areas.

Stock Bathrooms with Eco-Friendly Toiletries

If you keep your guests bathrooms stocked with recycled toilet paper and eco-friendly paper products, your event will not negatively affect the local environment. Keep vegan soaps in guest bathrooms and prevent harsh chemicals from going down the drain. Everyone will be able to stay fresh and clean, and you will be happy to know that there has been no disruption to the environmental balance.

Give Each Guest an Environmentally Conscious Gift Bag

Even though your guests will likely be coming with their own toiletries, you can encourage them to do their part to save the environment by giving them sustainable bathroom and beauty products. From reusable feminine hygiene supplies to shower caps made from recycled materials, each guest will want to sample and test out what you put inside of their goodie bags. Not only will your guests immediately feel more comfortable while enjoying your event, there will be a marked uptick in environmentally friendly behaviors on site.

Knowing that everyone at your event is working hard to keep the environment intact will inspire you to plan similar shindigs in the future. It is easy for humans to reduce their negative impact on the land, especially when they are thoughtful and responsible. At the same time, the home comforts people are used to can still be maintained if environmental sustainability is kept in mind.

How Much Has California And Colorado Achieved In Sales In The Past Year?

Since nearly anyone over the age of 21 can buy marijuana now in California and Colorado, sales are expected to skyrocket. We’ve already seen indications of widespread pot acceptance in 2016, with huge sales numbers in both states, despite California still mostly selling to medical marijuana ID card buyers (which will likely continue until recreational legalization is in sweeping effect in late 2017).

To get an idea of California and Colorado cannabis benefits to the marijuana industry as a whole – growers, distributors, consumers and the state governments – let’s take a look at some 2016 sales numbers.

California 2016 Sales

Californians have to go through a lot of bureaucracy to get a medical marijuana card, but even so, sales in the state are far beyond the more permissive state of Colorado. Arcview Group, a cannabis market research agency, states that California makes up greater than one-fourth of legal pot sales in the United States and Canada combined.

According to The Arcview Group, California accounted for 27% of the legal marijuana market in all of North America in 2016. Colorado followed in second place with 20%. This is before California’s approval of recreational marijuana too. The report puts legal cannabis sales in total at roughly $6.7 billion for 2016.

Colorado 2016 Sales

Colorado’s cannabis sales for 2016 hit about the $1.3 billion mark, which is an upward trend that’s likely going to continue into 2017. This number, released by the Colorado Department of Revenue through tax data, includes medical and recreational marijuana sales.

Miles Light, who is a Marijuana Policy Group economist, says that Colorado’s benefits from pot sales may be eroded as other states begin to legalize. He also notes that in 2017, none of the 8 states that recently voted for legalized marijuana will have put their regulations into place.

Green Door West is ready for the explosion in demand and sales that will surely come from California’s legalization of recreational marijuana. We’re standing by with Santa Monica marijuana delivery and delivery service throughout the Los Angeles area. If you’re looking for “marijuana delivery near me,” we have you covered.

Stock Investing Don’ts: learning from others’ mistakes

Stock investing is a good thing: you get a say in a company you believe is bound to success. You earn dividends from the company’s earnings. You sell a part of your share when the price goes high, and so on and so forth. So, you could assume it’s a pretty advantageous way to invest your money with the expectation to get profitable returns. But if you are a rookie in this just wanting to start out, there are a few things to should keep an eye on. Stock investing is an interesting sphere. You have to have, what’s best called, a special sense of feeling when to make certain actions. If the prices go up, down, or somewhere unknown, or if you are hyped about investing all of your money in one place, there are a few DON’Ts you will have to know about in order to eliminate risks and invest smart.

DON’T N1: Do not make emotional investments

Emotions are not acceptable in this tricky world of stock investments. I mean, if you love investing, that’s a good thing, means you are enjoying the process. But, do not let your emotions have control over your investment decisions. Under all circumstances you have to remember to take a “sober look” at the situation and remain rational. Do not panic and withdraw your money right away when you see the stock market going down the road, like many people did during the Great Recession back in 2008. Do not give in to emotional outburst of anger or fear to keep you from taking a step up into a bigger opportunity. In a similar manner, do not get too attached to the ownership of a share to the point of not willing to sell it when it needs to be sold. The examples are numerous, the moral is one: stock market is a place where emotions should not be allowed. All of your actions and decisions should be made solely based on research, data and your senses, which are way rational than your emotional feelings towards a certain asset or share.

DON’T N2: Do not overinvest. Just. Don’t.

Investing in stock market is a good place to put your money in. However, you should do it wisely, because too much of everything can harm. Investing all your money once and for all is not the smartest decision ever. You should be able to invest some at a time. Everyone knows that in stock market you should buy shares when they cost low and sell them when they reach their peak. Investing all of your hard-earned money at once will defeat the purpose of investing and trading wisely. So, make sure you make the investments periodically in order to make the most profit out of it. If you are struggling with how to start investing in stocks, investment newsletters are a great place to start with. They will guide you through your first steps into a successful investing pro who reaps returns like no other.

DON’T N3: Do not try to put the stock market into time frames, you’ll fail

Don’t get me wrong, you can, in fact, make good assumptions and predictions about when the market is more likely to hit the downroad or the opposite. But do not try to underestimate the abilities of the market to surprise you and hit you right back. Putting time limits and frames on how the market will perform in a month can be done only based on years’ of experience topping with good research, valid data and understanding of the spectrum in the first place. But other than that, you shouldn’t be timing the stock market, it will find a way to make you pay for it, literally.

DON’T N4: Conformity is not a smart thing in stock investing

You know there are people with no guts of their own, willing to make money  through stock investing without actually having their own ideas, motives, understanding and readiness to, actually, invest. Believe it or not, but people do lose their “individuality”, as investors, while trying to follow the crowd when the market is at its worst or the opposite. 2008 is a great evidence to that. Funny thing is, no one knows how and when the market will perform as expected, so conforming to the decisions of a few investors is not a good idea. Investing in the stock market is an individual thing as well. One might get away with investing all of his money into one company, whereas you might lose a big portion of yours if you went with the ‘all or nothing’ motto. Do your own research and study, collect your own data and, most importantly, make your own decisions while investing.
Do not rush the stock market and do not expect it to fulfill your expectations, because it won’t, and that is, frankly, the intriguing character of stock investing.

Can Smoking Medical Cannabis Lead To Brain Growth?

According to a study published in The International Journal of Neuropsychopharmacology, a compound found in cannabis known as cannabidiol (CBD) can actually help with brain growth.

Researchers were investigating the effects of CBD on treating depression and anxiety in rats. They went straight to the hippocampus, a part of the brain that deals with these mood disorders. The hippocampus is the area of the brain which regulates mood by controlling emotions and thought processes. It is the only area of the brain that can grow in adults.

Cannabis Leading to Brain Growth

The scientists discovered that CBD causes brain cells in the hippocampus to grow, which would support the explanation in previous studies that identified CBD as an effective treatment for depression, anxiety and stress. These mood disorders are attributed to a lack of brain growth in adults.

There is now hope in the understanding of how the brain reacts to CBD and other substances in marijuana. This opens up a whole new chapter to how we will treat mood disorders and psychiatric symptoms in the future.

What Forms of Cannabis do You Offer?

Green Door West has a wide variety of high quality flowers, pre-rolls, edibles, tinctures and topicals, concentrates, and marijuana gear. In terms of buds, we have CBD, Hybrid, Indica, and Sativa.

For edibles, we have a variety of products ranging from capsules, cookies, chocolate bars, to drinks.

We have tinctures that are taken orally, and transdermal products that ease a variety of physical ailments.

Do You Deliver?

Yes. We are a cannabis delivery company that serves parts of Southern California, including Los Angeles and Orange County. To find weed delivery near me, just check out our FAQs page.

Expand your mind with our high quality cannabis today.

Save Even More At Amazon With Groupon

You might think of Groupon as the place to get deals for other online marketplaces, but in fact, it can be. Groupon actually offers all kinds of deals for a site that almost everyone uses…Amazon. Amazon already offers some great deals as it is (and you can’t beat the ease.) But you can always increase the savings on the shopping that you’re already doing.

Groupon Deals for Amazon

Some of the current Groupon deals for Amazon include promo codes, instant credits, and offers for free shipping. Who wouldn’t want an instant $5 reward in the form of a credit simply for using a promo code that Groupon provides? They also offer spring deals like 25 percent off new furniture, and 15 percent off certain mother’s day gifts.

In addition to offering discount coupons, some of the deals on Groupon have to do with free shipping. They are currently running a coupon deal on Groupon where Amazon users can get free one-hour shipping instead of two-day shipping when they sign up for Prime.

Groupon offers special deals to students that can mean up to 50 percent off as well as six months free of Amazon Prime. Amazon Prime is a program offered where you sign up and agree to pay a yearly payment. With that payment you then free two-day shipping on all eligible orders throughout the year. For most regular uses of the site, this quickly pays for itself, since shipping can get quite expensive. But it’s an even better deal if you can get six months of the program for free.

New Amazon Prime users of any type might be able to take advantage of some of the other offers. Think $20 off your first $50 purchase using the service or getting a $10 credit when you add $50 to your account.

What Kind I Find On Amazon?

If you’re not already an avid Amazon user then you’re in for a treat. It’s possible to find pretty much anything on the site, with both large and small retailers offering in-demand goods. In a single Amazon shopping trip you might buy gardening equipment, makeup remover, clothing, or diapers. You can also find items that are harder to find in stores or regional items that aren’t available in the area that you live at all. The options are practically endless and it makes the shopping process incredibly easy.

There is even a pantry section of Amazon that is part of Prime where you can order food. Once you fill your pantry box with five items it will ship for free. This means that you can easily keep up on the shopping for common food items that you need frequently without having to buy in bulk or run out to the grocery store every three days. Cereal, pet food, cookies, cleaning supplies, supplements, etc, can all be ordered and delivered right when you need them in only the amounts that you do.

3 Places that Showcase Cuba’s Natural Beauty

With travel restrictions beginning to relax when travelling to Cuba and tourism figures growing, travellers are flocking to the island that is famous for protecting itself from outside influences. As a result, the country is charming, its sense of history is palpable and it’s full of wonderful sights that are untainted by the outside world.

Here are three places where you can explore the natural beauty of Cuba.

Varadero Beach

With so much coastline in this beautiful Caribbean island, there are plenty of beaches to choose from for a traveller looking to soak up some sunshine in paradise. The most famous beach is Varadero, where you can holiday in luxury as there are plenty of all-inclusive 5-star resorts to stay at, such as the ones available at Cuba Holidays.

However, you can still experience the natural beauty of the island. The beach stretches more than 12 miles and is home to many natural attractions, including sea caves and coral reefs. Experience scuba diving or snorkelling at Cayo Piedra, or cave swimming at Saturno Cave, or swimming with dolphins at Delfinario.

Old Havana

You can’t visit Cuba without a trip to its capital, Havana. It is colourful, vibrant, lively, and full of natural beauty for a visitor to admire. The city even contains the core of the original city of Havana – a stunning look back into the country’s past.

Old Havana boasts UNESCO World Heritage status because of its well-preserved history. Take a walk around the music-filled, cobbled streets to see the historic architecture of the city, such as the stunning Catedral de San Cristóbal de la Habana and the former military fortress, Castillo de la Real Fuerza.

Viñales National Park

Another UNESCO World Heritage site, Viñales National Park is perfect for any nature lover who wants to learn more about the history of Cuba. Their tobacco and banana plantations still use traditional methods of farming and they’re surrounded by towering limestone rock foundations, also called mogotes.

Take a boat to Cueva del Indio, a beautiful ancient cave, with almost 4 kilometres of underground streams and stunning ochre green walls – you can witness the full natural splendour of the cave and the creatures that live within it.

Nature lovers will adore Cuba and all the beautiful delights that it has to offer. Whether you prefer sunbathing on a beach, exploring a city or venturing into a sea cave, you can see the natural beauty of Cuba wherever in the country you decide to visit.