Filing bankruptcy is a common practice among the U.S. Over 2 million people file for bankruptcy every year. So many families today are swimming in debt, which is not surprising with the amount of credit that is being offered. If you pay your bills, you're given the opportunity to run up more bills. For young people, this is often too much responsibility to handle. Many people choose bankruptcy in order to gain a fresh start.
However, bankruptcy leaves you with a bad record. This makes it harder to buy a house, a car, or any other big-ticket item soon after you have filed for bankruptcy. Mortgage lenders will certainly be more cautious before granting a loan to someone with a history of bankruptcy.
Luckily, there are other choices.
Debt Consolidation
It seems like every other TV commercial is talking about debt consolidation. Why? Well, it's a big market and many people are opting for debt consolidation before taking the plunge into bankruptcy. Before you decide to take this route, you must ask yourself: Will I be able to pay all of my other bills on time and still be able to survive monthly? Failing to pay a debt consolidation loan could cause you to lose your home to a creditor. So, before you decide to consolidate your debt, make sure you can handle the payments. Know all of the facts.
Quick Tip... Shop around for a loan consolidation company. Compare interest rates and company reputation. Get as much information as you can about each potential company so that you will receive the most manageable payment.
Another option is to make a settlement. If possible, it is best to try and pay off your debt in full or to make an arrangement for payments with the creditor. Do not borrow money to pay off your debts. For most people, this only leads them deeper into debt.
Credit Counseling
Credit counseling agencies will contact your creditors and make new payment arrangements on your behalf. Most of them are able to get your interest rate lowered or even have your interest payments stopped.
Some families have found credit counseling to be one of the best solutions for avoiding bankruptcy. It will also give you some breathing room, without creditors calling you off the hook.
However, sometimes bankruptcy is the only option. Personal bankruptcy allows people with overwhelming debt to get a fresh start. Although it will tarnish your credit rating, bankruptcy is sometimes the only choice. In this case, it is important to find a good debt settlement company. As always, researching different bankruptcy companies and options is the best thing you can do.
Sundays Best On Bet
In 1900 half of all Americans were born into the hands of a midwife, at home. Early studies comparing the birth outcomes of physicians versus midwives showed that midwives had fewer maternal and infant loses than the doctors. The United States had a very high percentage of maternal deaths compared to other countries.
Reports done by the White House Conference on Child Health and Protection, the national Committee on the Costs of Medical Care, and the New York Academy of Medicine in the 1930's all concluded that midwives were safer than physicians. These reports chastised doctors for their frequency of interventions which led to problems. Many physicians, in response to the findings of the reports, placed the blame on the midwives claiming that midwives were "ignorant", "dirty", untrained and a threat to the safety of childbearing women. Medical journals and popular magazines contained many articles bashing midwives and blaming them for the nations appalling maternal mortality and infant mortality rates. Many physicians and public health advocates spoke up for the midwives and their excellent statistics, but the prestige of the anti-midwife physicians and the strong push to move births into the hospitals far over-shadowed their voices. This barrage of anti-midwife articles and propaganda continues today despite the lack of any studies or statistics to prove claims that physicians guarantee the safest outcomes or healthier babies or mothers.
What do the Statistics Show?
Every valid study to date has shown that midwife-attended birth is at least as safe as physician-attended birth. Additionally, those who have a midwife-attended birth can expect to have fewer interventions of all kinds. In the early 1970's only 0.5% of all births were attended by midwives, but in 1980 this grew to 2.1% and in 1990 to 3.9%*. Infant mortality, IM, is one criteria for assessing safety of births. The most general use of the term includes infant deaths from birth to the first birthday. 1990 statistics from the Center for Disease Control show that Direct Entry Midwives had the lowest IM, half that of M.D.'s.
Click on this link to see the stats chart on my website:
http://www.midwives.net/hsh/your_best_bet.html
* Undoubtedly the number of births attended by midwives of all kinds is higher. In some states, nurse-midwives mainly work as employees under physicians and the insurance companies pay more for a physician attended birth. In order to receive the largest monetary compensation for births, and because the midwife is "under physician supervision" by law, the birth certificate is completed as through the doctor were attending, even if this was not the case. Additionally, in states where Direct Entry Midwives are not licensed or Direct Entry Midwifery is prohibited, many births either go unreported or are reported as unattended or the category of midwife is absent from the birth certificate. Statistics from Center for Disease Control, US Birth Cohort of 1990, Table 43, May 18, 1995.
Both Alli Ross & Yvonne Lapp Cryns are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Yvonne Lapp Cryns has sinced written about articles on various topics from Parental Care, Pregnancy Problems and Brain. Yvonne Lapp Cryns is the owner of Midwives .net - Yvonne is the co-founder of Nursing Programs Online at. Yvonne Lapp Cryns's top article generates over 1000 views. to your Favourites.
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