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Archive for December 8th, 2007

A Chapter 13 Plan and an Adjustable Rate Mortgage »

So, you filed a Chapter 13 bankruptcy, had the plan confirmed, and are happily making your payments.  In many cases those payments include the mortgage on your home.  And then it happens: the interest rate adjusts, and your house payment jumps $200 or more!
Now what?  First of all, don’t panic.  Go see your attorney.  One [...]

Why should I care about the price of oil? Part II »

By-products include things such as tires, roads, plastic bags, plastic milk jugs, credit cards (yes, the dratted credit cards), motorcycle helmets, airline fuel, brake fluid, medicines and many other products. So our pebble, the price of oil, enters the pond and the ripple effect begins. One very obvious ripple effect is the price [...]

Why should I care about the price of oil? Part I. »

Why should I care that that the price for a barrel for oil is $88? Like many things in life there is a ripple effect. Think of a pebble that is thrown into a pond. The center point of the reaction is the pebble entering that pond. Then ripples or waves [...]