What happens to my car if I file bankruptcy?

 Entertainment
Feb 092015
 
What happens to my car if I file bankruptcy?

There are several issues to consider in answering this question. The most important point is the value of your car. In most cases, you can protect your car using the allowable bankruptcy code exemptions. An exemption allows you to file for bankruptcy relief and protect some of your property. The bankruptcy courts understand you need a car to get to work and to pick your kids up from school. So long as you aren’t driving an antique classic car, or an expensive sports car you will likely be able to keep your car. The next question is whether you have clear title to your car. If you have pledged your vehicle as security for a debt, or if you are financing or leasing a vehicle, you have three options for secured car loans when you file Chapter 7 bankruptcy. Reaffirm: A reaffirmation agreement is a contract between you and the car creditor in which you agree to pay the balance owed on your car note, despite the bankruptcy filing. You continue to make payments, and the creditor promises that, as long as payments are made, the creditor will not repossess or take back the property. Reaffirmed debts are not discharged, the debt survives the bankruptcy. If you do not make your car payments after you reaffirm the car loan the car lender can repossess the car and sue you for the deficiency balance. After the finance company repossesses the car they will sell the car at the auto auction. Usually the Read More …

Why Edgar Allan Guzman joined ABS-CBN

 Entertainment
Feb 092015
 
Why Edgar Allan Guzman joined ABS-CBN

Edgar Allan Guzman (MNS Photo) Aware of the competition that he will face by joining the star-studded talent pool of ABS-CBN, actor Edgar Allan Guzman said his decision to be a Kapamilya is the right step in bringing his career to another level. The award-winning indie actor said it has always been his dream to be part of the Kapamilya network. “Bilang isang actor, gusto ko pong i-explore ‘yung passion ko sa pag acting. Mahal na mahal ko po ‘yung pag acting and gusto ho magkaroon ng growth as an actor. And matagal ko na pong gustong lumipat at ngayon na nakalipat na ako, it is a dream come true po,” he said. Guzman, who has drawn comparisons to Coco Martin, is part of the ongoing feel-good drama “Oh My G!,” which stars teen actress and singer Janella Salvador. The 25-year-old is also set to appear for the fourth time on the country’s longest-running drama anthology, “Maalala Mo Kaya,” alongside veteran actor Nonie Buencamino and Shamaine Centenera. When asked on why he seemed to be a favorite casting choice of the series, he shrugged and said that he was puzzled himself. “Pero dream come true pa rin para sa akin,” he quickly added. He said that the series has been generous to him with past roles, casting him alongside the likes of Kim Chiu and Jessy Mendiola. (MNS)

SC justice dissents: Allowing Estrada to hold public office is impunity

 Entertainment
Feb 092015
 
SC justice dissents: Allowing Estrada to hold public office is impunity

Talk of Estrada possibly running anew for 2016 started after Vice President Jejomar Binay said he has information that some Liberal Party members are considering adopting him as a guest candidate for the 2016 presidential race. MANILA (Mabuhay) – The Supreme Court may have junked the disqualification case against former President and incumbent Manila mayor Joseph Estrada but Associate Justice Marvic Leonen insisted that Estrada should not have been allowed to run as Manila mayor in the first place and should never be allowed to run again in future elections. “This case has distressing consequences on the Rule of Law. By reading an ambiguity in favor of a convicted public officer, impunity is tolerated,” he wrote in his dissent, copies of which were distributed to the media. “Not having been unequivocally restored to a status worthy of being a repository of the public trust, there is no reason to lavish Joseph Ejercito Estrada by facilitating his reversion to elective public office,” he added. Leonen and his two fellow dissenters, Chief Justice Maria Lourdes Sereno and Senior Associate Justice Antonio Carpio, were overruled by the majority (11-3), which decided to junk the petition filed by Alicia Vidal, counsel of former Manila mayor Alfredo Lim, Estrada’s strongest rival in the 2013 mayoral race in Manila. In its ruling, the high tribunal took into consideration the pardon given to Estrada in 2007 by then-President Gloria Macapagal-Arroyo in coming up with their decision. “The majority characterized the pardon extended by Mrs. Arroyo to Mr. Read More …

Pope to make historic US Congress address on Sept. 24

 General
Feb 092015
 
Pope to make historic US Congress address on Sept. 24

Visiting Pope Francis makes his farewell bow to the Filipino people before entering the Philippine Air Lines (PAL) plane that flew him back to Rome on Monday (Jan. 19, 2015) from Villamor Air Base in Pasay City. (MNS photo) Washington, United States | AFP | – Pope Francis will bring his message of peace and compassion to politically gridlocked Washington in September when he becomes the first pontiff to address the US Congress, lawmakers said Thursday. Francis, who is also expected to meet President Barack Obama, will speak before members of the Senate and House of Representatives on September 24 after finally accepting an invitation extended in March last year. “That day his holiness will be the first pope in our history to address a joint session of Congress,” House Speaker John Boehner told reporters. “We are humbled that the holy father has accepted our invitation and certainly look forward to receiving his message on behalf of the American people.” The 78-year-old leader of the world’s Roman Catholics confirmed late last year that he would visit the United States in September to take part in a Catholic Church congress in Philadelphia. He will also address the United Nations in New York. “I am very much looking forward to welcoming Pope Francis to the United States later this year,” Obama, who was received by the pontiff at the Vatican last March, said at Thursday’s National Prayer Breakfast in Washington. The pope is hugely popular in the United States, with a Pew Read More …

Israeli exec wants boost in Philippines-Israel tourism

 Economy
Feb 092015
 
Israeli exec wants boost in Philippines-Israel tourism

The Cenacle, also known as the “Upper Room”, is a room in Jerusalem traditionally held to be the site of The Last Supper.  Etienne Valois/CC BY-NC-ND  MANILA, Philippines — A top Israeli diplomat is upbeat on areas for expansion in tourism between Israel and the Philippines, as he vows to return home to spread a good word about Manila. Mark Sofer, Israel’s chief diplomat for Asia-Pacific, said tourism is among the key topics brought up in his meeting with Foreign Affairs Secretary Albert del Rosario last week to “upgrade” bilateral ties between the Philippines and Israel. “Tourism in every way is one of the best industries there is … It brings people back as the ambassador of the other country,” Sofer told a small group of journalists during his one-day visit in Manila last week. “I can guarantee to you, I will come back from the Philippines … an ambassador of the Philippines in Israel,” he said, adding it is his first time in the country. RELATED: We treat OFWs better, senior Israeli exec says Sofer is confident that Israelis will want to visit the Philippines, while Filipinos will also easily consider to go on a pilgrimage to various parts of Israel. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “We’re talking here of a Catholic country, of course,” Sofer said. “If [Filipinos] want to see where Jesus walked on the water, in Capernaum … where he bathed, [where he multiplied] the fish and the loaves, where he was Read More …

Kanye West almost pulls a Kanye on best album winner Beck

 Entertainment
Feb 092015
 
Kanye West almost pulls a Kanye on best album winner Beck

Kanye West performs at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. John Shearer/Invision/AP LOS ANGELES (AP) — Kanye West almost pulled another Kanye at the Grammy Awards. West briefly popped up on stage as Beck accepted the album of the year award on Sunday for “Morning Phase,” beating out expected victor Beyoncé. West smiled and quickly jumped down, but not before getting guffaws from Beyoncé and Jay Z. Kanye famously got involved in an award presentation in 2009 when Taylor Swift beat Beyoncé at MTV’s Video Music Awards. Beck seemed as surprised as the rest of the audience when he won the award Sunday and appeared to be looking around for help. Recording academy president Neil Portnow said the almost-Kanye moment was part of the excitement of a live television show. “It’s unpredictable,” he said. “You don’t know what’s going to happen. … That turned out to be a fun moment at the end of the day.”

Sam Smith wins 4 Grammys, Beck takes home album of the year

 General
Feb 082015
 
Sam Smith wins 4 Grammys, Beck takes home album of the year

Beck performs at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. John Shearer/Invision/AP LOS ANGELES (AP) — Sam Smith was the king of the Grammys, taking home three of the top four awards, including song and record of the year for “Stay With Me,” and best new artist, while Beck won album of the year. List of winners: The 57th Grammy Awards “I want to thank the man who this record is about … Thank you so much for breaking my heart because I have four Grammys,” said Smith, who also won best pop vocal album for “In the Lonely Hour.” Smith, along with Beyonce, Pharrell and Ed Sheeran, lost album of the year to Beck’s “Morning Phase,” which also won best rock album. Kanye West, who famously interrupted Taylor Swift when she beat Beyonce at the MTV Video Music Awards, almost walked onstage when Prince announced Beck’s name. Some in the audience seemed shocked, from Pharrell to Questlove. Beck’s album debuted at No. 3 on the Billboard 200 albums chart and sold about 300,000 units. Pharrell and Rosanne Cash walked away with three awards each. Pharrell won best pop solo performance for a live version of “Happy,” released in 2013. He also won best music video for the song and best urban contemporary album for “G I R L,” beating Beyonce. “I am going to moonwalk my way off the stage right now,” said Pharrell, wearing a blazer and shorts. Pharrell’s performance of “Happy” Read More …

Ultra Mega's first franchise awarded

 Economy
Feb 082015
 
Ultra Mega's first franchise awarded

Today, Ultra Mega Wholesale and Retail Mart, one of the leading retail and wholesale chains in the Philippines, is jumpstarting 2015 with the launch of the company’s first franchise venture with Mr. Romeo Jalosjos’ Group of Companies. The first Ultra Mega Franchise, which will be located in Dapitan City, Zamboanga del Norte, is pioneering the industry with its new and excitingly innovative business model that provides an inclusive and insightful operational and support structure. It allows new players in the industry to have a trustworthy and reliable foothold that is designed to be both profitable and rewarding. For Franchise inquiries, contact Mr. Filbert See at 904-5882 or 0917-9894512. Romgardial Corporation and TAPE Inc. Chairman,  Mr. Romeo G. Jalosjos shake hands with Mr. Benito Lim, President of Ultra Mega Multi Sales during the contract signing ceremony at the Bellevue Hotel. From left to right, Jessica Mona, Romeo Jalosjos, Benito Lim and Julie Lim

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