Bankruptcy ? Origin-situation-future-ahead | Finance Care Services

BankruptcyA much dreaded financial position of any player in the commercial scenario is ?bankruptcy?. The legal status of an individual or an entity on becoming insolvent is what we call bankruptcy. Bankruptcy originates from the Latin words banc us-bench and ruptus-broken which means a bank being broken or liquidated.

Situation of bankruptcy is usually a favorable position for creditors rather than the debtors. Creditors have chances of recovering some part of their entire amount of dues. However debtors also have the option to make arrangements for payment of their dues from accumulated value of assets by avoiding the huge burden of outstanding debts.

While discussing the term bankruptcy, we usually refer to it as insolvency. But we must know as per legal methodologies are concerned the two terms have a fine distinction. When a debtor, whether an individual or organization fails to pay their dues it is defined as insolvency. Situation of bankruptcy usually originates from legislative intervention by filing of petition either by the debtor or on behalf of the creditor.

It is commonly found that bankruptcy proceedings are initiated by debtors, where all the assets of the debtor are revalued and then used to pay a part of their outstanding dues. Once all the legal proceedings of bankruptcy are completed the debtor is freed from all his obligations. Bankruptcy laws and filing of it is in general beneficial for the economy as a whole, as it gives both the concerned party a chance- debtors are given time and legal assistance to pay off a part of their debts without being burdened by the entire amount. And the creditors have chances of debt recovery hence are saved form suffering total losses.

There is no such law prevalent in India regarding corporate bankruptcy however there is law dealing with individual bankruptcy from 1874 onwards. However Global system of law has different opinion and proceedings for the terms- bankruptcy, insolvency, liquidation and dissolution. The world during both pre and post industrial revolution phase has witnessed drastic situations of bankruptcy which had a tremendous negative impact on the world economy. Hence to bring an end to condition of bankruptcy and initiate a general development the then American president, Nixon brought about the nationalization of American banks from 1969 onwards, which acted as a remedial measure against bankruptcy. However one must be alert in identifying the nature of bankruptcy which at many times leads to well planned frauds.

The critical situation of bankruptcy should be dealt with great care by the people involved in the business sector. A man engaged in business must therefore keep his eyes and ears open for impending dangers that might lead to bankrupt condition. Situations like this can however be tackled by insurances and sound investment policies.

About Mac Mendiz

Mac Mendiz is the Editor to Finance Care Services and a guest columnist for many blogs that deals with finance. This entry was posted in Loan and tagged Bankruptcy. Bookmark the permalink.

Source: http://www.financecareservices.com/bankruptcy-origin-situation-future-ahead.html

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mia_kodu: Uterine cancer-symptoms, causes and treatments ...

Uterine cancer is one of the most deadly cancers, which actually starts in the lining of cells in the uterus. The uterus or womb is a vital part of a woman?s reproductive system.

Type of uterine cancer

That cancer can indicate various types of cancers that occur in a woman?s uterus. Uterine Sarcoma, commonly known as leiomyosarcomas is a type of uterine cancer, which occurs in muscle layer of a uterus. Endometrial cancer is another type of uterine cancer, which originates from the cells that are found in glands of the uterine lining or endometrium. Cervical cancer is a different type of uterine cancer, it is known that arise from the lower part of the uterus. It extends the transition region of a woman?s cervix and connecting to the upper part of the vagina.

Symptoms

A woman with uterine cancer may notice some common symptoms. However, they can vary from person to person depending on the disease under consideration. The common symptoms include painful or difficult urination, unusual vaginal discharge or bleeding, extreme pain during sexual intercourse, a weight loss typical pelvic lump, abnormal, pain in the pelvic region and having never nursed. In fact, uterine cancer rarely occurs before menopause, when a woman having regular menstrual periods.

Generally occurs during the period when the regular menstruation cycle stops. If a woman sees resurgence of bleeding at this stage of her life, she should immediately bring to the attention of his general physician, as there may be a possibility of uterine cancer.

The most common symptom of uterine cancer is abnormal bleeding from the uterus of a woman after menopause. The bleeding can be in the form of a blood streaked, watery discharge containing more blood. In some cases, a woman may experience lower abdominal pain too.

Causes

There are several causes of uterine cancer, which have been discovered till date. Diabetes, obesity, polycystic ovary ovary having prolonged Anovulation, parity or having to load a single child, lack of menstruation, extended use of tamoxifen to treat breast cancer and estrogen intake without opposition without progestin are some of the causes of uterine cancer.

Disease diagnosis

Cancer can be diagnosed by endometrial and endocervical sampling. In addition to these techniques, the vaginal ultrasound is also used to detect endometrial thickness thicker because of the uterus can result in some serious change cancerous. In addition to this, the Pap test can also be an accurate detection of uterine cancer, but it cannot be defined as a reliable source.

Treatment

The treatment of this cancer is performed on the basis of the grade and stage of the cancer. Abdominal hysterectomy is a standard therapy, which involves the surgical removal of the uterus of the woman with the ovaries and fallopian tubes, flushing of the abdominal cavity to determine the malignant cells and selective removal of the pelvic and aortic lymph nodes. Many doctors prefer the use of hormone therapy that removes the possibility of metastatic cancer. Once again, women also opt for radiation therapy for the treatment of uterine cancer.

Although the treatment is a possibility for uterine cancer, yet you should take immediate action after noticing symptoms. Do not let them reach a level which cannot be cured!

Source: http://ovariancancer.allabout101.com/uterine-cancer-symptoms-causes-and-treatments/

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Source: http://miakodu.blogspot.com/2012/12/uterine-cancer-symptoms-causes-and.html

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ruhitsharma: Recreation And Sports: Hunting Report Classification ...

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13Dec

Source: http://floralwhite.w3bookmarks.com/technology/recreation-and-sports-hunting-report-classification-page-110/

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Source: http://ruhitsharma59.blogspot.com/2012/12/recreation-and-sports-hunting-report.html

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Re: FTM 10 Public Member Tree Search Results - Family Tree ...

This is ok if the problem is in the list of results in the top pane. It doesn't seem to work if you are having the problem in getting data for the selected result to appear in the lower right Search Result Detail window. All the results appear fine in the upper window for the person you've searched for, but there are certain Public Member Trees that just keep "loading" in the Search Result Detail window, keeping you from being able to get the data to merge.

Source: http://boards.ancestry.co.uk/topics.software.famtreemaker/9234.1.1.1.1/mb.ashx

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Recycle Your God-Awful Christmas Sweaters with This Pedal-Powered Un-Knitting Machine

Until now, we've had precious few options for disposing of the knitted atrocity Grandma made—regift it, stuff it in the bottom of a drawer to languish, or donate it to charity. But with the ingenious Imogen Hedges un-knitting machine, you'll be able to devolve that sweater in no time. Best of all, you've now got the perfect gift for grandma next year—tidy balls of yarn for her knitting. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/FlqllWvUmQQ/recycle-your-god+awful-christmas-sweaters-with-this-pedal+powered-un+knitting-machine

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Video: ?Sesame Street? tackles divorce for first time

>> weather channel .

>> thanks. the gang at " sesame street " is tackling a sensitive subject. for the first time, the children's show will talk to kids about divorce. it's an interesting issue.

>> it is. did you watch " sesame street " as a kid?

>> of course.

>> can you believe it's been running 40 years now. you might think they've covered nearly everything. believe it or not, they avoided this one. after years of careful planning, they're about to teach kids how to deal with their parents' parting ways. from big bird to snufalogis, so familiar they feel like family. when it comes to family, " sesame street " has tackled everything from marriage on. the touchy topic of divorce was one they kept off the street until now.

>> you have two houses?

>> uh-huh. this one is where i live with my mommy and this one is where i live with my daddy.

>> it's called big feelings where for the first time we learn the fairy character, abbey's parents live apart.

>> abbey, why don't you all live in one house together?

>> well, because my parents are divorced.

>> the episode won't air on television, online only specifically targeted for parents to help kids cope with divorce.

>> i got used to the changes now.

>> experts say it's important for families to address the sensitive subject.

>>> think it creates a great vehicle for parents and kids to sit down in the comfort of their own homes, watch the videos online and really talk about things.

>> in 1992 , " sesame street " tried to tackle the tough topic. produc producers scripted and shot a show about snufologis parents divorcesing. when they tested it with preschoolers, some were upset and cried and it never aired.

>> we have a social component and try to address things concerning kids' lives.

>> 20 years later the new online episode is creating a lot of buzz. not everyone is pleased one woman tweeting have our morals finally declined so much we need " sesame street " to teach about divorce. so sad. but others very appropriate way to deal with a painful subject. it's a long time coming. the old gang with a new street they're finally heading down.

>> having all these big feelings about the divorce is okay?

>> sure, it is.

>> good. because i don't want to keep them inside anymore.

>> so cute. all the videos are free online and available on itunes and hopefully open up dialogue between adults and

Source: http://video.today.msnbc.msn.com/today/50185373/

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Japan scrambles jets as Chinese plane flies over disputed isles

TOKYO (Reuters) - Japan scrambled fighter jets on Thursday after a Chinese government plane entered for the first time what Japan considers its airspace over disputed islets in the East China Sea, escalating tension between Asia's two biggest economies.

Japan protested to China over the incident but China brushed that off saying the flight by the Chinese aircraft was "completely normal".

Sino-Japanese relations took a tumble in September after Japan bought the tiny islands, called Senkaku in Japan and Diaoyu in China, from a private Japanese owner.

Patrol ships from the two countries have been shadowing each other since then in a standoff that has raised concern that a collision could escalate into a clash. Thursday's incident was the first time both sides used aircraft in the dispute.

"Despite our repeated warnings, Chinese government ships have entered our territorial waters for three days in an row," Japanese Chief Cabinet Secretary Osama Fujimura told reporters.

"It is extremely regrettable that, on top of that, an intrusion into our airspace has been committed in this way," he said, adding that Japan had formally protested through diplomatic channels.

Japan's military scrambled eight F-15 fighter jets, the Defense Ministry said. Japanese officials later said the Chinese aircraft had left the area.

It was the first time a Chinese aircraft had intruded into Japan's airspace near the disputed islands, Japan Defense Ministry said.

Japanese Prime Minister Yoshihiko Noda later instructed the government to be "all the more on guard", the Kyodo news agency reported.

China's state maritime agency said a marine surveillance plane had joined four Chinese vessels patrolling around the islands and the fleet had ordered Japanese boats to leave the area immediately.

"The Diaoyu islands and affiliated islands are part of China's inherent territory. China's flight over the islands is completely normal," Chinese Foreign Ministry spokesman Hong Lei told a briefing in Beijing.

Japanese analysts said it was a significant escalation.

"This is serious ... intrusion into Japan's airspace is a very important step to erode Japan's effective control over the area," said Kazuya Sakamoto, a professor at Osaka University. "If China sends a military plane as a next step, that would really make Japan's control precarious."

Toshiyuki Shikata, a Teikyo University professor and a retired general, said the use of aircraft by both sides was significant.

"Something accidental is more likely to happen with planes than with ships," he said.

"SACRED TERRITORY"

The incident comes just days before a Japanese election that is expected to return to power the conservative Liberal Democratic Party (LDP) with hawkish former prime minister Shinzo Abe at the helm.

Abe has vowed to take a tough stance in the dispute over the islands, which are near potentially huge maritime gas reserves, and has said that the ruling Democratic Party's mishandling of its diplomacy had emboldened China.

Abe has also promised to boost spending on defense including on the coastguard.

Smaller Asian countries such as the Philippines have also become increasingly worried about Beijing's growing military assertiveness and its claims to disputed islands in the South China Sea.

U.S. President Barack Obama urged Asian leaders during a visit to the region in November to rein in tension over territorial disputes.

Washington does not take a position on the sovereignty of the islands but says they are clearly covered by a 1960 security treaty obliging the United States to come to Japan's aid if attacked.

China says the islands are its "sacred territory" and says its claim predates Japan's.

Nationalization of the islands in September was intended to keep them out of the hands of a fiery nationalist politician, to head off a more damaging confrontation with China.

But the move triggered a wave of protests in China that shuttered Japanese factories and stores, disrupted trade and prompted China to strengthen its own claim to the disputed territory. Japanese carmakers saw their sales in China slump in the weeks after the islands were sold.

(Additional reporting by Terril Yue Jones in BEIJING; Editing by Robert Birsel and Jeremy Laurence)

Source: http://news.yahoo.com/japan-protests-chinese-plane-flies-over-disputed-isles-065259977.html

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Clinton to testify on Benghazi on Dec. 20

WASHINGTON (Reuters) - Secretary of State Hillary Clinton will testify on December 20 before the House of Representatives and Senate foreign affairs committees on a report on the deadly attack on the U.S. diplomatic post in Benghazi, Libya, the committees said on Wednesday.

The attack on September 11 killed U.S. Ambassador Christopher Stevens and three other Americans, and raised questions about the adequacy of security in far-flung posts.

Republicans have criticized Democratic President Barack Obama's administration for its flawed early public explanations of the attack.

They have also criticized shifting explanations of why talking points given to U.S. Ambassador to the United Nations Susan Rice were changed to delete a reference to al Qaeda. Some Republicans have used that criticism to question Rice's suitability as a candidate to replace Clinton, if Obama were to nominate her.

Clinton has said she planned to retire from her post at State after Obama's first term.

An accountability review board convened by the State Department is expected to release a report on the Benghazi attack before Clinton testifies.

The board, led by veteran diplomat Thomas Pickering, is expected to consider whether enough attention was given to potential threats and how Washington responded to security requests from U.S. diplomats in Libya.

Democratic Senator John Kerry, chairman of the Senate Foreign Relations Committee, said in a statement: "We ask our diplomats and development personnel to operate in some of the most dangerous places on the planet. We owe it to them, and we owe it to the memory of Ambassador Chris Stevens and his three fellow Americans who lost their lives in Benghazi to get past the politics and focus on the substance of what happened and what it tells us about diplomatic security going forward."

(Reporting by Patricia Zengerle and Arshad Mohammed; Editing by Stacey Joyce)

Source: http://news.yahoo.com/clinton-testify-benghazi-report-december-20-042045851.html

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Speaker: Obama resists curbing federal spending

WASHINGTON (AP) ? House Speaker John Boehner accused President Barack Obama of being so resistant to curbing federal spending that he risks an agreement to avoid the "fiscal cliff" of wide-ranging tax increases and spending cuts that will be automatically triggered in less than three weeks.

"Unfortunately, the White House is so unserious about cutting spending that it appears willing to slow-walk any agreement and walk our economy right up to the fiscal cliff," Boehner, R-Ohio, told reporters Thursday. "And doing that puts jobs in our country in danger."

Boehner's comments underscored how his talks with Obama remain stalled over crafting a compromise deficit-cutting package of revenue increases and spending cuts. Without such an agreement, tax hikes and spending reductions will begin taking effect in early January, steps that economists warn could renew the recession.

Boehner said the White House is demanding too little in spending savings and too much in fresh spending on programs designed to stimulate the economy. Still, even as Obama continues to insist on sizable tax increases on the highest earners ? including income tax rate increases ? Boehner signaled flexibility If the president would accept deeper spending cuts.

"If the president will step up and show us he's willing to make the spending cuts that are needed, I think we can do some real good in the days ahead," he said.

Boehner said he would reject White House demands that as part of a deal, Congress agree to give up much of its ability to block increases in the government's ability to borrow money. The Treasury is expected to run out of its power to borrow more money early next year ? a situation that congressional Republicans successfully used last year to demand spending cuts from Obama.

"Congress is never going to give up our ability to control the purse," Boehner said. "And the fact is that the debt limit ought to be used to bring fiscal sanity to Washington, D.C."

Obama planned to make his case on the fiscal cliff in interviews Thursday afternoon with four local television stations in Philadelphia, Miami, Minneapolis and Sacramento, Calif. The TV markets reach viewers in congressional districts represented by Republican House members but won by Obama in last month's election.

White House spokesman Josh Earnest said Obama was "interested in communicating to Americans in every corner of the country about his commitment to work in bipartisan fashion with Congress to ensure that income taxes don't go up on middle class families at the end of the year."

Republicans still aren't budging on Obama's demands for higher tax rates on upper bracket earners, despite the president's convincing election victory and opinion polls showing support for the idea.

Democrats in turn are now resisting steps, such as raising the eligibility age for Medicare, that they were willing to consider just a year and a half ago, when Boehner was in a better tactical position.

Neither side has given much ground, and Boehner's exchange of proposals with Obama seemed to generate hard feelings more than progress. The White House has slightly reduced its demands on taxes ? from $1.6 trillion over a decade to $1.4 trillion ? but isn't yielding on demands that rates rise for wealthier earners.

Boehner responded with an offer very much like one he gave the White House more than a week ago that proposed $800 billion in new revenue, half of Obama's demand. Boehner is also pressing for an increase in the Medicare eligibility age and a stingier cost-of-living adjustment for Social Security recipients.

On Thursday, Sen. Jim DeMint, a South Carolina Republican and leading conservative figure, predicted that Obama would prevail in the fight over taxes.

A leading conservative who's resigning from the Senate is predicting that President Barack Obama will win the battle over raising taxes.

"He's going to get his wish. I believe we're going to be raising taxes, and not just on the top earners," DeMint, who is leaving the Senate to become president of the Heritage Institution think tank, said in an appearance on "CBS This Morning."

DeMint said a tax increase would amount to a "political trophy" for Obama but said it would be bad for the country.

"The president's proposal is not a plan, it's not a solution," he said.

There is increasing concern about a Dec. 31 deadline to stop the expiration of Bush-era tax cuts and the start of across-the-board spending cuts that are the result of Washington's failure to complete a deficit-reduction deal last year. Even if an agreement can be reached, the halting pace of negotiations is jeopardizing chances that it could be written into proper legislative form and passed through both House and Senate before the new Congress convenes on Jan. 3.

"I do have an increasing concern that the speaker ... is trying to string this out until Jan. 3 because that's when he would be re-elected as speaker," said Rep. Chris Van Hollen of Maryland, top Democrat on the House Budget Committee. "And I think he's nervous that if he can't get a majority of his House Republican members to support a reasonable agreement that that could put his speakership election in jeopardy. And so that might cause him to try and string these talks" along.

Republicans say it's Democrats who are dragging out the talks.

"In the past 48 hours, the president has not been negotiating in good faith in my opinion," said Rep. Pat Tiberi, R-Ohio, who said he was increasingly pessimistic that a deal could be reached.

___

Associated Press writers Alan Fram and Nyia Hawkins contributed to this report.

Source: http://news.yahoo.com/speaker-obama-resists-curbing-federal-spending-172618730--finance.html

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