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Government Grants to Start a Business: How to
Who hasn’t heard the old adage, “that it’s best to invest in risky ventures with other peoples money”? This is why in today’s shaky economy, more people than ever are using government grants to start a business. It sure beats a high interest loan from a bank!
So then, just what are the details that you will need to know to get started on this path to free government money? After all, you can rest assured that it just isn’t as easy as simply picking up a check.
The first thing that you will need to know is that these types of small business grants are available from the federal, state as well as local governments. Also you can rest assured that while the government may not want their money back, they do none the less want something in return.
It can be any number of things that they will want. Perhaps your state is looking for someone to start up a job training center or a halfway house for non violent parolees. Or perhaps your city is looking for someone so start a day care center in a blighted area.
Those are just quick examples because it really does run the gamut. Also another thing to consider, is that your assistance can go way beyond just government grants to start a business. In fact you may be surprised at some of the assistance that people have gotten.
Like how about free land and a free building from your city and no land taxes for up to twenty years? Sound incredible? Well it happens all the time on both a small, as well as large scale. How large a scale?
Well if there is any type of professional sports complex in your city, you can rest assured that it was financed to a large degree by free government handouts. In fact there is a good chance that the city even evicted home or business owners so they could give the land to the developers.
Bankruptcy And Attorneys – Part 1 (Page 1 of 2)
Bankruptcy attorneys
Amongst bankruptcies, debtors usually opt for Chapter 7 and Chapter 13 bankruptcies, since they provide the maximum benefits. Bankruptcy is a process, which involves litigation and lawyers and courts. The process can be trying, and it is important to expedite the legal option to avail the maximum benefit. That is where the problem comes in. Individuals do not have enough experience or the expertise to conduct the process on own. Special help is needed. So debtors hire specialists who have the background, and the expertise to deal with bankruptcy courts. Individuals who can represent the respondents and avail a favorable result. Bankruptcy attorneys are such experts. Bankruptcy lawyers help to get debt relief, and provide valuable information, services, as well as advice to help the debtor find beneficial financial options. The part one of this article provides some general information pertaining to bankruptcy and bankruptcy lawyer.
Bankruptcy
The bankruptcy process can be briefly described as a special legal proceeding in which an exclusive court undertakes, and administers the fixed, as well as movable assets of a debtor for the benefit of the creditors. Typically a debtor, or any person or business, who is indebted and owes money to others, can choose to file for bankruptcy proceedings, so as to solve a financial situation involving a debt condition which is out of control, or alternately to prevent recovery of debts for a certain period of time, during which the individual or the business can make arrangements to repay the debt.
Bankruptcy legalities
The United States Constitution provides powers to the Congress to draft and execute laws and acts related to bankruptcy and bankruptcy related issues as per Section 8 of Article 1. Based upon this empowerment, the Congress passed the “Bankruptcy Code” in the year 1978. The act or the code has been amended several times over the decades, as per the changes taking place in the financial market, and the redemption capacity of the debtors. The actual procedure is governed by the body known as the Federal Rules of Bankruptcy Procedure. The body has set up special courts to deal with bankruptcy issues, as well as litigations. The courts are popularly known as bankruptcy courts. These courts operate depending upon their jurisdictions. The Federal body has set up official proceedings and working guidelines for these courts. There are rules dealing with various aspects of bankruptcy. The rules are specially created so the litigations can be carried out in an effective manner between individuals and business concerns. From the functioning point of view, bankruptcy courts are appointed for each judicial district within the state. And litigations, as well as legal procedures are carried out with the litigants based upon the particular area or location of the registered business. All decision relating to the legal proceedings are taken by the judge, and he or she has several officers to aid the legal work. The majority of the bankruptcy litigations are administrative in nature, and are often conducted outside the court premises. In case of special chapters and issues such as Chapter 7, Chapter 11, Chapter 12, and Chapter 13, the administrative procedures are handled by a trustee appointed by the court to overlook the particular case.