Bankruptcy Blog

smart home

With the fast pace of this world, the technology, the trends, and the lifestyle, everything is changing. If we compare our way of living in the present to how we used to live five years ago, we all will agree that it has been a tremendous transformation. 

The advancement in technology has touched every field today, and we are moving towards a smarter way of living. So, why not implement the latest technology to your house, and upgrade your home to a smart home? Here are some smart home trends that will inspire you.

Voice Assistants

Artificial intelligence-based voice assistants are one of the latest trends that can make life much easier for you. From reminding you of important tasks to sending emails, they can help you with almost everything. A voice assistant is like having a personal assistant. It tracks the things in your life and also interacts with you when you ask them questions. If you have so much going on in your life and need help with organization, then a voice assistant would be like a sigh of relief.

Smart Security Systems

Smart security systems leverage advanced technology to keep your home safe and secure. It ensures that you remain tension-free of the safety of your family and your belongings at home. Smart security systems are so advanced that any infiltration in your home gets notified to you right away. It enables you to travel freely while leaving your home safe and sound in the hands of technology.

Smart Entertainment Devices

The latest home trends are incomplete without smart entertainment. 

Smart speakers and televisions enhance your overall experience of consuming the content. Moreover, the popular over-the-top platforms like Amazon and Netflix have everything in the world for you. Gone are the times when you had limited options to watch on television. Now is the time of smart entertainment.  

Smart Air Purifiers

Technology can not only make your life easier but also can be beneficial for your health. The smart home with air purifiers filters the air and improves its quality. If we consider the level of pollution in the environment, an air purification system is a must-have for your home. Most air purifiers come with advanced filters and a five-stage purification process to remove all the dust particles and toxins.

Smart Decoration

Smart decoration includes advanced decorative fixtures like smart bulbs and wireless lightings. In a beautiful modern home, wires tangled around on the walls or near your gadgets take away all the look. Wireless lighting and smart bulbs make your home look stylish. They also save a lot of energy as compared to conventional CFL bulbs. Smart decoration not only enhances the aesthetics of your home but also is rich in features.

These five simple trends will give you a perfect start to transform your home into a smart home. Eventually, you will realize how easy your life can be with the help of technology. So, don’t hold yourself back from updating with the changing times.…

air conditioner

In today’s world, a family spends an average of $2,000 annually on electricity bills, and half of that goes toward maintaining their homes warm or cool. We often underestimate the comfort that an HVAC system provides us. A great HVAC system is essential to protect your home from extreme temperature and moisture. Besides, it improves the quality of life and makes you feel comfortable at your home despite the weather conditions.

Getting a new HVAC system for your home needs planning as it is a significant investment for years ahead. A new HVAC system not only provides better temperature regulation but also saves energy and hence reduces expenses. So, if you are planning to install a new unit at your home or replace your old one, here is a guide for choosing an HVAC system for your home:

Know Your Requirement

Considering the design of your house and the weather conditions of the area, understand what you need. Consult the architect who designed your home and also the HVAC contractors. You might also have to talk to a heating engineer to examine your home. Consultations with specialists will enable you to learn what you exactly need, and you won’t buy anything beyond your requirement. 

Check The Ductwork

The previously installed ducts get damaged over time. Therefore before installing a new HVAC system, it is essential to ensure that the ducts are in good condition. Hire a professional HVAC contractor to monitor your ducts and look for any breakages or debris in the way. Your HVAC unit will provide maximum efficiency if the ducts are properly insulated and clear. 

Select The Right Size

If your HVAC system is smaller, it will have to work more to maintain the temperature. In this case, there would be an extra load on the unit, and the system may break down. On the other hand, an oversize system will cost you higher and will cause temperature inconsistencies. The right size HVAC unit will be the most cost-efficient, last longer, and save a lot of energy.

Choose Efficiency

An HVAC system with high energy efficiency is always the best choice if you live in a hot area. The heaters and air conditioners with higher efficiency are more expensive, but every penny is worthwhile. Before purchasing an HVAC system, check its Seasonal Energy Efficiency Ratio or SEER. The unit with a higher SEER is more efficient and can save you a lot of money.

Prefer Quality Over Cost

Choosing quality furnaces and boilers cost on the higher side initially, but they come with warranties. Quality units are durable, efficient, and convenient to repair. If you install a high-quality furnace, you don’t need to worry about it for at least 20 years.  Similarly, quality boilers have a guarantee of 30 years.

While installing a new HVAC system at your home, various options available in the market may confuse you. You need to choose the right unit according to the requirement, efficiency, size, etc. Installing the best suitable system will enhance your lifestyle and can save you from a lot of hassle in the future.…

One of the largest pressures that come with having a rental home is when the tenant moves out. Now, it is your duty to inspect the property, plan maintenance, and clean up things for your next tenant. Cleaning and fixing rental homes for new tenants after moved out tenants is not a very great aspect. Being a current owner or property handler, you will notice that this is probably the most difficult piece of the work. 

A thing to learn: cutting edges is never a great idea to maintain a home, and it can assist to hold a record to reference and guarantee you meet all your goals.

Here is an essential checklist of Tips for apartment cleaning between tenants

ATTEND THE MOVE-OUT INSPECTION

The move out is an essential element of the tenancy process, so make a time of being there. That is the one point tenants can dispute property damages; visiting prevent from paying for invalid claims presented in writing.

Your appearance also promotes critical discussions such as specifying accurately which remaining injuries or improvements are the tenants’ duty, and which remain yours. It is additionally an excellent point to give over each linked move-out rebates and bypass likely haggling later on.

Do not skip getting back all pairs of the unit, including every tenant-created duplicates.

CHECK UTILITY ACCOUNTS

Do not believe that tenants will turn utilities off or stop their accounts when moving out.

Combine in a move-out action demanding evidence of turn off or path to appropriate utility accounts to bypass any difficulties with re-leasing your home. If a tenant doesn’t pay or turn off a utility account, it can have consequences for their proprietor.

You may need to reconsider preserving the charge of the utilities of all units and charging tenants with monthly rent. This way, you can save time and hold associated accounts in your control.

KEEP PHOTOGRAPHIC RECORDS FOR ALL PROPERTIES

Photographic evidence is one of the best ways to protect your place should any conflicts or extra charges occur after a renter leaves out. Photographs are not always considered as complete proof, however, they are an excellent way to clean matters up, and preserve records.

Concerning your every property, spare some time to completely document the living areas. This way, you can save some effort if you want to get a listing up fast or lack the funds for expert photos. Nowadays, we all have a camera in our hands of our smartphones, so this is an easy one!

PATCH AND PAINT THE WALLS

 The best time to repair, patch, and paint a home or apartment is between tenancies. Do this at least once annually or more frequently if possible.

New colors should be implemented in all of the indoor spaces of a home, including trim, walls, doors, and ceilings. The quality of your apartment will decide how frequently you should repaint a unit’s outside, but retain in mind that painting is possibly the most cost-effective method of boosting curb appeal.

New painting makes a home seem fresh to potential tenants, so do not skip this tip!…

With the COVID-19 pandemic, a lot of people are starting to feel the effects. Bills are piling up, you are out of work and stuck at home. While thinking of how to get out of financial debt, you and others have thought of filing for bankruptcy. 

Bankruptcy is a legal process that helps people get out of debt and get a fresh start. Moreover, bankruptcy can stop foreclosures and any other legal actions against you due to debt problems. It will even stop creditors from continually calling, and demanding for payments. Breathing space is the ultimate advantage of filing for bankruptcy.

However, before you take this giant step, there are several things you need to know about the process and outcome. You will definitely need help, it can be a very long process, and it is not always secure agreements. Moreover, you may not get everything you want. Before you file for bankruptcy, here is what you need to know. 

  1. Bankruptcy Affects Your Credit 

If your credit score is good, then you may want to hold off on filing for bankruptcy. This is because bankruptcy filings will appear on your credit reports. This wipes out any good history of credit and may last on your score for the next ten years or so. Moreover, you will have to declare your bankruptcy filing when you apply for a new job or a loan. You may have to do it for at least a decade until your credit score is better. 

  1. Some Debts Won’t Go Away

If you think filing for bankruptcy is the cure for all your problems, then you should know that not all your debts will go away. Bankruptcy will not solve all your financial questions because some debts cannot be discharged. For example, your back taxes and child support will still be valid debts even after you file for bankruptcy as is alimony, real estate liens and certain luxury items. Student loans also stay valid unless your financial situation is too severe. In this case, a judge may rule that you do not have to repay your student loans. 

  1. Bankruptcy Is Not Free

It comes as a surprise to many people that bankruptcy is not free. One of the highest cost is hiring a lawyer to help you throughout the process. Lawyers tend to bill by the hour, so your costs are likely to add up fast if your case is complicated. Moreover, you may have to pay court fees. 

It would be best if you also kept in mind that the cost of filing for Chapter 13 bankruptcy is naturally higher than the price of filing for Chapter 7 bankruptcy. This is because the process is long and stretched out over several years. 

There are several long-term but non-monetary costs that may not be clear for the beginning. If you are filing personally, your credit score will be the ultimate price to pay. You will struggle to get loans or gain access to credit for up to ten years. This is a definitive blow if you are planning to start a business or buy a home soon.