Why cheap car insurance policies are offered to women

If you are looking for cheap car insurance policy for women then you have come to the right place. It is the one stop solution, where you can find complete information about car insurance policies for female drivers, price comparison, benefits and a detailed list of insurance providers. Earlier, it was an easy task to find car insurances for women at a lower price than men.

·         The major reason behind this is, women are thought to get involved in fewer accidents.

·         They prefer to purchase a car which is more focused on safety so that accidents can be avoided eventually.

·         They are considered as better drivers than men.

·         Women have less aggression while driving than men so it reduces their chances to meet with serious accidents.

·         According to statistics, vehicles owned by females are less likely to cause major damage.

·         In a report, it has been found that 91% cases of reckless driving were filed against male drivers. Women drive more safely than men.

All these factors are advantageous for insurance companies. Claims of cars owned by female drivers do not cost the company more because the total amount of required payout is comparatively lesser. So, it is a well explained logic that why insurance companies offer less expensive policies to lady drivers.

Chapter 7 Bankruptcy Rules and Laws

Bankruptcy allows people that cannot meet their final agreement to be excused from repaying some or all of their debt. It has been in existence since ancient times. In the US, the rules and process to file bankruptcy are under control of federal law. States are prohibited from formulating laws in this section of the law. There are two major types of bankruptcies. In a liquidation bankruptcy, debtors must forgo their property, which is sold and the takings are distributed to creditors. In return, all debts are permanently released. In a reorganization bankruptcy, debtors can keep their property. But they must agree to opt for an instalment plan to repay creditors a portion of the amount they owe. Chapter 7 bankruptcies are by far the most common. In Chapter 7 bankruptcies, the debtors must turn over all of his ‘non-exempt’ property to a supervising officer. This officer is known as the bankruptcy trustee. A property will be considered as exempt if it falls within specific categories of belongings that debtors can keep with them, such as a certain amount of clothing, household items, tools for work and in some cases, vehicles and the family home. The chapter 7 trustee sells the debtor’s non-exempt property. The money will be distributed among all the creditors. The creditors might not receive the full amount of their claims. Remaining loans and obligations of the debtor are forgiven and can never be collected. If any creditors will attempt to collect debts that have been discharged then he will have to face severe penalties under federal law.

Under chapter 7 bankruptcy rules, a debtor is not eligible under certain situations: -

·         A previous debt was discharged within the last eight years under chapter 7 bankruptcy.

·         A previous debt was discharged within the last six years under chapter 13 bankruptcy.

·         If their income, debts and expenses allow them to file for chapter 13 bankruptcy.

·         The debtor attempted to deceive creditors or the bankruptcy court.

·         The debtor failed to attend credit counselling.

A debtor must attend credit counselling prior to filing for chapter 7. Upon completion of credit counselling with an agency approved by the United State trustee, the debtor can file for bankruptcy with a local bankruptcy court. Once a debtor files for bankruptcy, the bankruptcy court will issue a stay order. After this stay order a creditor cannot attempt to collect a debt during the bankruptcy process. It is a protection for the debtor. In effect, all collection activities must cease. It will also protect the debtor from wage garnishment and the takeover of a debtor’s property such as a house, a vehicle or a bank account.

Role of Chapter 7 Bankruptcy Attorney

An attorney may refer to – Lawyer, as a general synonym. Filing for bankruptcy can be a complicated process and if you make certain bankruptcy gaffes, chances are high that your case will get rejected by the court. So it is important that you work with an experienced lawyer who specializes in bankruptcy and can explain the basics of chapter 7 bankruptcy to you. Good bankruptcy attorneys can guide you through all the necessary documentation and paperwork required to support your case. Bankruptcy lawyers often are the legatee of a tough economy, but most of their clients know little about the process and have minimal time to research it, are usually at a loss when it comes to seeking the help of an expert. They know local court rules and procedures, and they can answer any critical question you may have about the entire process. But since bankruptcy lawyers do not come cheap. It is fact that the fee will be the most important factor for the majority of people when it comes to hiring a bankruptcy attorney. After all, money is at the root of this particular problem.

It is a must to work with an attorney who is experienced yet affordable and can really help you to dope out this process and achieve your goal of getting out of debt. Attorney fees differ by district and can even differ widely from state to state. According to the bankruptcy, law judges can examine the fees charged by lawyers and order them refunded to the trustee if they are not reasonable. To avoid the problem requiring filing cases for a review of fees, some courts have sanctioned local rules or guidelines setting ‘tentatively reasonable’ or ‘no-review fee amounts. If lawyers are charging an amount which is equivalent to or less than the tentatively reasonable or no-review fee, no review will be initiated.

You can start your hunt for a good bankruptcy lawyer from the Online Directory of bankruptcy attorneys. These attorneys have been initially screened as bankruptcy attorneys who are considered to care about consumers and want to do their best to help people. Most of them offer free appointments. So after you have limited your search to the best person for you, go and meet them. Nothing can work as a substitute for a one on one meeting. There is nothing to be embarrassed about being open with your bankruptcy attorney. You should not feel ashamed or embarrassed in talking to them.