gambling losses bankruptcy
gambling losses bankruptcy
If you have declared bankruptcy before or know someone who has please take this survey!?
*1)Have you ever filed for bankruptcy?
Yes
No
*2)If so, why did you file for bankuptcy?
Gambling problem
Shopping problem
Job loss
Theft
Other (Please Specify):
*3)How old were you?
18-25
26-35
36-50
51-70
71-^
*4)How many credit cards did you have at the time?
1-3
4-7
8-11
12^
*5)Did you become debt free after declaring bankruptcy?
Yes
No
Other (Please Specify):
*6)What chapter of bankruptcy did you file for?
Chapter 7
Chapter 11
Chapter 13
Other (Please Specify):
*7)What was you marital status?
Single
Married
Divorced
Widowed
*8)What did you file bankruptcy under?
Business owner
Consumer
Other (Please Specify):
*9)Are you currently debt free?
No
Somewhat
Yes
Other (Please Specify):
*10)Was your credit scored extermily effected?
Somewhat
No
Yes
Other (Please Specify):
1) yes.
2) Other – got scared when I got pregnant, had too many bills to pay and a baby on the way…
3) 18-25 (I was actually 24)
4) I had 4-7 credit cards, although most of my debt was payday loans (since then, I haven’t touched a single payday loan!)
5) No. I filed a Chapter 11, which allowed me to keep everything but pay off my debts slowly – instead of paying about $1,000 a month in payments, I only had to pay $250/mo, for several years.. unfortunately I then lost my job and my car gave up, so I defaulted on my payments, and got stuck with the debt anyhow.
6) Chapter 11
7) Single
Consumer
9) Somewhat – I manage my debts just fine now. I started with just one credit card, and now have several, but all for specific purposes (such as I used a David’s Bridal account to buy my wedding dress, 12 months with no payment and no interest)
10) Yes. I don’t qualify for hardly anything now, not like I used to. Of course, the economic crisis has a lot to do with it, too.
gambling losses bankruptcy
Medical Bankruptcies – The Growing Reality
Catastrophic illnesses are claimed to have triggered approximately half of all personal bankruptcies in the United States. According to recent findings from a Harvard University study, most people who go bankrupt because of medical problems also have health insurance. Researchers found that many private insurance plans that offer limited catastrophic coverage were inadequate and offer little financial security for less severe illnesses. Questionnaires were distributed to 1,771 bankruptcy filers in 2001 in California, Illinois, Pennsylvania, Tennessee and Texas. According the study, a total of 1.46 million personal bankruptcies were filed in the United States during 2001. Nearly 1,000 individuals questioned gave detailed interviews about their financial and medical circumstances. Sickness and rising medical bills were cited as the cause, in part, for 46.2 percent of the personal bankruptcies. The numbers grew to 54.5 percent when an additional three other factors were included as triggers for medical-related bankruptcies: birth, death and gambling addiction. The study assessed that medical bankruptcies currently affect approximately 2 million Americans annually, including 700,000 children. The study also cited that a majority of individuals looking for court protection from creditors had health insurance, with more than three-quarters reporting they had coverage at the beginning of the health catastrophe that triggered their bankruptcy. The study also found that 38 percent of the participants had temporarily lost coverage by the time bankruptcy was filed, with catastrophic sickness or injury frequently leading to both job and insurance loss. Unfortunately, it’s become apparent that, for many Americans, serious illness often leads to job loss, which also means loss of health insurance. High-priced coverage through COBRA, while well intentioned, is meaningless if people can’t afford to pay for it. Bankrupt families also lose more than just assets. One out of five families goes without food. A third had their utilities shut off, and nearly two-thirds skipped needed doctor or dentist visits. The study’s findings also indicated medical-related bankruptcies often hit middle-class families hard; with 56 percent of the filers being college graduates who owned a home. The study did not, however, examine how many bankruptcy filers were from dual-income families, where both partners had medical insurance. The Harvard findings echo previous studies which have generally reported that a majority of bankruptcy filers cite medical problems as a primary cause of bankruptcy, as well as other factors, including easy credit, job loss and financial mismanagement. Many health insurance experts suggest that the Harvard study did not adequately explore the role disability income protection plans and personal savings can play in helping individuals with medical problems avoid bankruptcy. If you’re uninsured, concerned about your current individual health plan’s catastrophic coverage, or simply tired of paying an arm and a leg for major medical health insurance, you should take a look at the revolutionary comprehensive individual health insurance solutions created by Precedent specifically for young, healthy individuals. For more information, visit us at our website, [http://www.precedent.com]. We offer a unique and innovative suite of individual health insurance solutions, including highly competitive HSA-eligible plans, and an unparalleled “real time” application and acceptance experience. Precedent puts a new spin on health insurance. Learn more at http://www.precedent.com. [http://www.precedent.com]
About the Author
“jim”
Is gambling loss an expense?
Gambling winnings are reported as income for “means test” in filing bankruptcy. So, as in the federal tax filing, are gambling losses considered as expense in bankrupcy?
Probably not because our government hates us.
Economics Of Gambling
|
|
First Alert 3035DF Digital Locking Steel Security Box, 0.27 Cubic Foot, Black/Silver $41.99 Note: Products are not available for Hawaii and Alaska States…. |
|
|
First Alert 2037F Fire and Water File Chest, 0.62 Cubic Foot, Gray $55.95 This UL classified First Alert media protection chest tested to withstand an external temperature up to 1550 degrees for 1/2 hour and independently verified to protect electronic media, such as memory sticks, CD’s, DVD’s and external hard drives. Waterproof even when fully submerged. Key Protector Chest Features: Interior Dimensions(HxWxD): 10.25 in. x 12.17 in. x 8.58 in. Stores standar… |
|
|
First Alert 3040DF Digital Large Security Box, Black/Silver $53.99 Honeywell Security Lock Box with Digital Keypad. Lock it up… from important documents to your prized autographed baseball to your laptop, with the Honeywell Security Lock Box. And while you get BIG peace of mind, thieves just find one aggravating obstacle after another. 48″ security cable. State-of-the-art digital keypad. Double-steel wall construction. Plus, fire-retardant insulation provides a… |
|
|
Passion of the Christ: Songs (Original Songs Inspired by the Film) $16.98 … |
|
|
The Lost Soul $15.00 This CD features six new original works, two of them instrumentals, three traditional songs, and one borrowed tune. 1. Two Doves (Rathje) 5:232. Been All Around This World (trad. arr. Rathje) 3:123. Finn MacCool (Rathje) 3:534. The Lost Soul (trad. arr. Rathje) 2:545. Witch of the Westmereland (Fisher arr. Rathje) 4:146. Dobrology (Rathje) 2:547. Trout (Rathje) 2:408. Temperance Re… |
|
|
Family $18.49 … |
|
|
Ohio State Buckeyes Ladies Logo Hair Scrunchie $8.95 Ladies, pull your hair back and show your Buckeye team spirit with this team logo scrunchie!… |
|
|
EIKO KPR102 – 2.4V .7A/B3-1/2 SC Mini Flange Base Miniature $4.98 … |
|
|
6 Watt – S6 – 48 Volt – Candelabra Base – Indicator Light Bulb – Bulbrite 750604 $3.99 Brand: Bulbrite – Part No.: 750604 – Wattage: 6 Watt – Voltage: 48 Volt – Base Finish: Brass – Base Type: Candelabra (E12) – Bulb Color: Clear – Bulb Shape: S6 – Bulb Type: Incandescent – Diameter: 3/4 in. – Length (M.O.L.): 1-7/8 in. – Life Hours: 1500 – Case Quantity: 10 -… |
|
|
Charlie Rose – ‘What Just Happened?’ / Religulous (October 13, 2008) $24.95 A conversation about the film ‘What Just Happened?’ with Robert De Niro, Barry Levinson and Art Linson. || A conversation about the film Religulous with Bill Maher and Larry Charles.This product is manufactured on demand using DVD-R recordable media. Amazon.com’s standard return policy will apply…. |
|
|
Keyword Optimization – Complete Guide to Choosing Profitable Keywords for Your Website $14.95 Keyword research and optimization are one of the most important aspects in search engine optimization and rankings. One of the most common mistakes people make when creating a website or putting up an online business is believing they already know what keywords customers are using to find them. If you are not targeting the specific keywords your customers are searching for online, they will NEVER … |
|
|
Quality Pay-Per-Click Traffic Video Series (2008, DVD) $49.99 The DVD includes the following videos: 1 – Understanding Quality Clicks Over Quantity Focusing on clicks that convert is more important than just the concept of getting a high CTR (Click Through Rate). The problem most beginners face is they are taught to use a keyword tool and just start adding tons and tons of keywords into the Adwords keyword list and Walla, some magical conversions will hap… |
|
|
First Alert 1.2 Cu. Ft. Theft Digital Safe $138.99 This First Alert 1.21 cubic foot safe is constructed of heavy gauge welded steel and is equipped with 2 live door bolts, pry-resistant heavy duty steel concealed hinges, a fully carpeted interior, and a removable/adjustable shelf. Key/Digital Safe Features: Programmable digital lock with override key. Pry-resistant concealed hinges. 2 locking door bolts. Fully carpeted interior. Inside dimensio… |
|
|
Alfa AIP-W505 802.11n/b/g Wireless Broadband Router & Access Point with 4 LAN ports – Wireless-N WiFi WISP, Bridge, AP Router – Advanced Security Futures and Supports URL & Keyword Filtering $49.99 AIP-W505 PCB is the 1 x 10/100Mbps WAN + 4 x 10/100Mbps LAN Ports, 802.11n AP/Router that provide up to 150Mbps high speed throughput. W505 PCB is suitable for WISP applications such as AP/Router mode, WISP mode, WDS Bridge Mode, Wireless Bridge Mode and Hybrid Mode; it’s easy to management by user friendly web-based interfaceSpecifications:ManagementWeb-base management interfaceRemote managementS… |
|
|
Micro Innovations Wireless Link Keyboard (TKB700U) $14.99 Designed for travel and easy collapse, this keyboard is ideal for any user on the go. Foldable design lets you conveniently enter large amounts of data quickly and effortlessly. Ultra-slim design looks sharp and saves space. Folds to go wherever you want. Works with most Palm OS and Pocket PCs. For Device Type: Palm OS;Pocket PCs; Wired/Wireless: Wireless; Maximum Wireless Range: NA;Connector/Port… |
|
|
Samsung UN46C6300 46-Inch 1080p 120 Hz LED HDTV (Black) $1,699.99 The Samsung LED 6300: LED picture quality meets Auto Motion Plus 120HzTM Clear Motion Rate technology, with gorgeous results. The 6300′s LED Ultra Clear Panel absorbs ambient light and virtually eliminates reflections, for a more comfortable viewing environment. It’s beautiful form and function, complementing the most stylish of décor…. |
|
|
Samsung UN55C6500 55-Inch 1080p 120 Hz LED HDTV (Black) $2,799.99 What do you get when you combine Internet@TV with 120Hz Clear Motion Rate technology? The Samsung LED 6500. Get the best of the web, right on your HDTV, with downloadable and customizable widgets – and coming soon, Samsung apps. Connect to friends, share pictures, shop online and more. Samsung’s 120Hz Clear Motion Rate technology delivers smooth, natural action in every scene. Samsung LED backligh… |
|
|
Samsung UN55C6300 55-Inch 1080p 120 Hz LED HDTV (Black) $2,499.99 The Samsung LED 6300 HDTV: LED picture quality meets Auto Motion Plus 120HzTM Clear Motion Rate technology, with gorgeous results. The 6300′s LED Ultra Clear Panel absorbs ambient light and virtually eliminates reflections, for a more comfortable viewing environment. It’s beautiful form and function, complementing the most stylish of décor…. |
|
|
Hanes Men’s Classic Basic Crew, Three Pack $16.00 Hanes Classics are constructed with very soft ring-spun cotton for added softness and resiliency…. |
|
|
Lilyette Women’s Strapless Bra with Convertible Straps #929 $32.00 Our Lilyette®Strapless Bra with Convertible Straps is essential for the full figure woman as it offers unparalleled fit and the security that every woman desires. * Offers the best in fit and security * Seamless smooth shaping * Guaranteed to stay in place * Luxurious super soft… |
|
|
Lilyette Women’s Microfiber Minimizer Bra #428 $32.00 Our Lilyette® Microfiber and Lace Minimizer® Bra offers you the very best in beauty and comfort! * Beautiful and comfortable styling * Luxuriously soft fabric* Gorgeous lace details* Smooth under clothes* Guaranteed comfort* Minimizes size – not shapeFabric content: Top Cup: 91% Nylon, 9% ElastaneBottom Cup: 100% NylonBack: 89% Nylon, 1… |
|
|
Green Toys Sand Play Set $12.94 Kids will ‘dig’ building castles and hunting for buried treasure with the environmentally friendly Sand Play Set from Green ToysTM. Made of recycled plastic, this classic 4-piece collection of tools consists of a bucket, sand castle mold, shovel and rake. Made in the U.S.A from recycled plastic milk containers, which helps save energy, reduces landfill waste, and lowers greenhouse gas emissions, a… |
|
|
Alex 36 X 36 Vinyl Padded Playmat $12.95 All roads lead to fun with this take-along play mat that folds into a toy bag. Open it up anywhere – when you’re finished, pack up the toys and you’re on your way| Open mat measures a generous 36″ x 36″ of prime playing real estate…. |
|
|
Alex Toys Draw like A Pro $30.00 A fun and easy way to draw…just turn down the lights, switch on the projector, insert a preprinted slide and trace away| Comes with 124 slides, 6 markers, 10 sheets of paper, and a flip book…. |
|
|
Sirius SL-EX1 Stiletto Executive Speaker System $89.99 SIRIUS SLEX1 SIRIUS(TM) STILLETTO EXECUTIVE SYSTEM DESKTOP AUDIO SYSTEM FOR THE STILLETO FAMILY; 10W PER CHANNEL;HIGH-QUALITY, 2-WAY SPEAKER SYSTEM; BASS ENHANCEMENT TECHNOLOGY FOR DEEPER LISTENING; HEADPHONE JACK;DESK OR WALL MOUNTABLE; AUX IN;INCLUDES EXECUTIVE SYSTEM, WEATHERPROOF INDOOR/OUTDOOR ANTENNA, AC ADAPTER, REMOTE & WALL MOUNT BRACKET SIRIUS(TM) STILLETTO EXECUTIVE SYSTEM… |
|
|
Electric Volt Black Web Belt $28.00 Jump start your look with this Volt web belt by Electric!… |
|
|
FCS Premium TAIL GATE Surfboard Pad $27.98 These pads help to secure your boards when they extend past your tail gate or trunk. Easy design allows for quick and simple attachment in seconds…. |
|
|
Keywords: A Vocabulary of Culture and Society $10.95 Now revised to include new words and updated essays, Keywords focuses on the sociology of language, demonstrating how the key words we use to understand our society take on new meanings and how these changes reflect the political bent and values of society…. |
|
|
The DAM Book: Digital Asset Management for Photographers $31.00 One of the main concerns for digital photographers today is asset management: how to file, find, protect, and re-use their photos. The best solutions can be found in The DAM Book, our bestselling guide to managing digital images efficiently and effectively.Anyone who shoots, scans, or stores digital photographs is practicing digital asset management (DAM), but few people do it in a way that makes … |
|
|
YouTube and Video Marketing: An Hour a Day $14.68 A complete, task-based guide to developing, implementing, and tracking a video marketing strategy Online video marketing is crucial in today’s marketplace. This guide teaches you proven, practical guidelines for developing and implementing video marketing for your organization. If you’re a marketer, advertising professional, consultant, or small business owner, here’s a relevant guid… |
