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individuals that GM's CEO most relied on, and they had received significant promotions or increased job responsibilities," the audit said. Home-equity loans were one of the major culprits of the current crisis. To recap: Cheap credit caused a housing boom in the first part of this century. Skyrocketing home values led homeowners to take out home-equity loans -- essentially, treating their homes like ATMs -- to buy consumer products. Still committed. Court of Appeals has now ruled that Michigan debtors can use the Michigan-specific "bankruptcy-only" exemptions! This means, among other things, that Michigan bankruptcy-filers can now choose from 3 sets of bankruptcy exemptions. The most choices in the nation.. Finally, if the interest rates on your debts are so high that you can barely afford the minimum payments, pick up the phone and call the lenders. You may be able to have your interest rates or minimum payments lowered. If the minimum payments are still beyond your means, it may be time for professional help from a reputable agency like Consumer Credit Counseling Service.. That's the best way in the SEC to get prepared very capable. I didn't have been out there. Do you prevent that. Small Business Administration defines a small business as an independently owned and operated business that is not dominant in its field. Developing an idea for a small business takes a lot of imagination, planning and paperwork. An essential component is a business plan, which will help your business attract investors, secure funding and gain attention as you get established in the local business community. |
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