Travel Insured International? Reaffirms Coverage for Airlines
East Hartford, CT (ContentDesk) September 4, 2005 -- Leading travel protection company, Travel Insured International, confirmed Bankruptcy and Default coverage is available for travel on United, U.S. Air, and their subsidiaries, currently operating under the protection of Bankruptcy filing. Many of Travel Insured's programs, including Worldwide Trip Protector, Group and Student Group, provide for Trip Cancellation due to the Bankruptcy or Default of an airline. If alternate transportation is available, benefits are limited to the change fee charged to allow transfer to another airline in order to reach the intended destination, and are secondary to all other payments. With this benefit, passengers planning to travel United and US Airways will continue to be protected.
"Our agents and travelers alike are concerned about the effect of bankruptcy proceedings as it may effect their travel plans." states Jon Gehris, Executive Vice President and COO. Jon continues, "Current bankruptcy laws and conditions support airlines operating under the protection of bankruptcy filing. The truth is, our legacy airlines, as with United and US Air, continue to operate! We recognize this and support our industry by continuing to offer benefits to travelers purchasing our products.""While many of our competitors are withdrawing bankruptcy and default coverage for airlines, we felt a need to respond in the best interest of our customers and the travel industry. We are committed to providing quality programs specifically designed to meet the needs of our customers." explains Judy Sutton, Director of Product Development. For additional information, please contact Travel Insured's Customer Care department at 1-800-243-3174.
Complete product information, travel alerts and updates regarding covered airlines, are available on the worldwide web at www.travelinsured.com. Travel Insured International is located in East Hartford, Connecticut. Travel Insured has been in continuous operation since 1994, specializing in providing quality travel protection products distributed through Travel Professionals, and is one of the most recognized travel protection companies in the United States.CONTACT:Judith SuttonTravel Insured International?800.243.3174.
Ten Ways to Get Out of Debt
1) Use your AssetsIf you have assets with some significant equity, such as a home or a car you may be able to use these to get control of your debt. For example, you could get a loan on your home sufficient to pay off your debts. You could be saving a considerable amount of money on interest if you pay off high interest credit card debt in return for lower cost debt.If you have a car, consider selling it, paying off your debts and buying a cheaper car. Be careful though! Your don't want a "cheaper" car that will cost you a fortune in repair costs.2) Get a Second JobUse the money from this job to only pay off your debts. List your debts noting the interest rates.
Pay off the debts with the highest rates first and work your way down the list.3) Put your Credit Cards on HoldOne of the best steps you can take to get out of debt is to immediately stop using credit cards. At the very least destroy all your cards keeping just one card for emergencies.4) Set up a Repayment PlanCut back...
Ten Ways to Get Out of Debt
Bankruptcy > Ten Ways to Get Out of Debt
Debt a Glossary of Terms
Bankruptcy - Having been legally declared financially insolvent. There are two types of bankruptcy - liquidation, in which your debts are cleared (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts.Collateral - Property acceptable as security for a loan or other obligation.Collection Agency - A company hired by a creditor to collect a debt that it is owed.Contract - An agreement between two or more parties, usually written down and enforceable by law .Cosigner - To endorse (another's signature), as a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt.Credit Bureau - An organization to which business firms apply for credit information on prospective customers. Credit Report -An account of your credit history, prepared by a credit bureau. A credit report will contain credit history, such as what...
Debt a Glossary of Terms
Bankruptcy > Debt a Glossary of Terms
Are You a Candidate for Bankruptcy?
Bankruptcy laws give debtors a way to resolve debt by dividing their assets among their various creditors and in some cases will allow debtors to be freed of outstanding debts that cannot be paid, even after the division of assets. For individuals who find themselves unable to pay their debts, bankruptcy can be a viable option. As a debtor, you are entitled to file for bankruptcy. There have been recent changes to bankruptcy laws that may affect your ability to discharge your debts without credit counseling, but individuals who have found themselves unable to pay their debts can still file bankruptcy and be freed of outstanding debts. Chapter 7 bankruptcy is normally used by individuals wanting to rid themselves of all accumulated debt, and is the most frequently used method of filing bankruptcy.
Businesses who wish to completely liquidate assets and close permanently can also file Chapter 7 bankruptcy. Under Chapter 7, individuals are allowed to keep certain property such as...
Are You a Candidate for Bankruptcy?
Bankruptcy > Are You a Candidate for Bankruptcy?
Houston-Based Law Firm, Busby & Lee, P.C. Launches Toll-Free Consumer Hotline to Address Confusion over new Bankruptcy Laws
Houston, TX (ContentDesk) July 12, 2006 -- The Bankruptcy Abuse and Consumer Protection Act, also known as BACPA, not only changed the bankruptcy law, it created a significant amount of confusion and misinformation among consumers, the media and even creditors. In an attempt to help clarify the confusion, the Houston, Texas based law firm of Busby and Lee, P.C. set-up a new consumer bankruptcy hotline number, 1-888-422-6423, to answer general questions about the Act.The hotline addresses the issues and concerns of individuals facing lawsuits, foreclosure, and/or repossession, particularly individuals who may be contemplating bankruptcy due to debt problems. The hotline was the brainchild of attorneys Michael G. Busby, Jr., and Ricardo Contreras, who along with a dedicated staff of professionals, spent several weeks in the summer of 2005 attending various national seminars in preparation for the implementation of the reform act. Many consumers are complaining about collection agencies...
Houston-Based Law Firm, Busby & Lee, P.C. Launches Toll-Free Consumer Hotline to Address Confusion over new Bankruptcy Laws
Bankruptcy > Houston-Based Law Firm, Busby & Lee, P.C. Launches Toll-Free Consumer Hotline to Address Confusion over new Bankruptcy Laws
Bankruptcy
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