Porter Bancorp votes to issue more stock
At its annual meeting of stockholders this week, shareholders of Porter Bancorp Inc., the holding company for PBI Bank, voted to increase the company's authorized shares of voting common stock from 19 million to 86 million and non-voting common stock from 1.3 million to 34 million. The stockholders also defeated a motion from Denver, Colo.-based shareholder activist Gerald Armstrong to adopt a policy that the company's chairman of the board not be an employee or former employee of the company, with...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=rT4wuaAJJ38:WRQyOa3aI6M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=rT4wuaAJJ38:WRQyOa3aI6M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=rT4wuaAJJ38:WRQyOa3aI6M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=rT4wuaAJJ38:WRQyOa3aI6M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=rT4wuaAJJ38:WRQyOa3aI6M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=rT4wuaAJJ38:WRQyOa3aI6M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Thirsty Pedaler 'pub crawler' rolls into downtown Louisville
<img src='http://assets.bizjournals.com/louisville/news/Thirsty%20Pedaler_20120518_0684*100.jpg?v=1'>The Thirsty Pedaler LLC owners Jennifer Benningfield and her husband, Scott Benningfield, used Louisville?s Bike to Work Day Friday to promote their startup business. The business, a licensee of Minneapolis-based The PedalPub, basically is a bar-turned-bicycle that offers pub-crawl-style transportation on a 15-passenger bicycle. Initially, Jennifer Benningfield said, the bicycle will operate on a loop of Main and Market streets in downtown Louisville. She added that she would like to expand to...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=89ScILeQUA4:C3wEPhepSkc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=89ScILeQUA4:C3wEPhepSkc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=89ScILeQUA4:C3wEPhepSkc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=89ScILeQUA4:C3wEPhepSkc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=89ScILeQUA4:C3wEPhepSkc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=89ScILeQUA4:C3wEPhepSkc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Kentucky loses 2,400 construction jobs
<img src='http://assets.bizjournals.com/boston/real_estate/0514CommercialConstruction*100.jpg?v=1'>Construction employment in Kentucky fell by 2,400 jobs from March to April, a 3.5 percent drop, according to a new analysis of U.S. Department of Labor data by the Washington-based construction trade organization, the Associated General Contractors of America. The state also lost jobs relative to April a year ago. Kentucky had 66,800 construction jobs in April 2012, which was 1,400 less than the state had in April 2011, according to the association. Indiana, on the other hand, gained 1,100 jobs...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=WYp_zaHIsus:SDTKJ8jP3cI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=WYp_zaHIsus:SDTKJ8jP3cI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=WYp_zaHIsus:SDTKJ8jP3cI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=WYp_zaHIsus:SDTKJ8jP3cI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=WYp_zaHIsus:SDTKJ8jP3cI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=WYp_zaHIsus:SDTKJ8jP3cI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Mayor Fischer?s brother swims with the sharks
<img src='http://assets.bizjournals.com/louisville/print-edition/Profile%20Greg%20Fischer%2020120414_3373*100.jpg?v=1'>Now that he?s been in office for more than a year, you might think you know everything there is to know about Louisville Mayor Greg Fischer. I thought I had his background down pretty well until I went to interview him for the profile story that appears in today?s print edition of Business First. I found out all kinds of things I didn?t know. For example, did you know Fischer?s brother is one of television?s ?Shark Men?? It?s true. Chris Fischer, who now lives in Park City, Utah,...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=hC8ZU7CzF6I:V6RE8yCbWNI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=hC8ZU7CzF6I:V6RE8yCbWNI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=hC8ZU7CzF6I:V6RE8yCbWNI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=hC8ZU7CzF6I:V6RE8yCbWNI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=hC8ZU7CzF6I:V6RE8yCbWNI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=hC8ZU7CzF6I:V6RE8yCbWNI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>


negotiation settlement program, and that means that a settlement will be reached no matter what. Creditors prefer to work out with professional counselors than deal with clients.

- Negative effects of debt negotiation settlement programs -

Credit score: It will be reduced during the process of the debt negotiation settlement program. Creditors only deal with delinquent accounts, so reducing your credit score is almost a needed status in order to start renegotiating with creditors. After you stop making your payments to the creditors, you will be rated delinquent; then, creditors will look your case over when you apply for debt negotiation settlement.

Tax liability: debt negotiation settlement can result in a tax liability when the time to file your incoming taxes comes. Creditors by law have to report all forgiven debts that exceed $600 to the IRS. You will need to speak with a tax expert because sometimes you get rated as “insolvent” after applying for debt negotiation settlement. If that was the case, you will not be liable for anything.

Enough funds: people need to make sure to have enough funds to complete the debt negotiation settlement program in the scheduled time. Otherwise the agreement will be nulled.

- Positive effects of debt negotiation settlement programs -

Debt free in a short period of time: unlike debt consolidation, debt negotiation settlement can be successfully achieved in a matter of months. One of the most important things about debt negotiation settlement is that the monthly installments are set up in a way that can be accomplished without choking the debtor. The person will be able to keep a constant payment throughout the whole process.

Developed credit score: once you finish the debt negotiation settlement program, your credit score will automatically pick up and you will appear with zero delinquent accounts, and that will rate you pretty well, even better than before.

Avoiding debt: thanks to the debt negotiation settlement program, people also learn how to avoid future debt occurrence. They will never go through this again. People have told us that the program has improved their way of using their credit cards and taking on loans.

Just as with most decisions you are faced with, the solution to your financial problems has many factors to be addressed and considered – both positive and negative. In the end, it is important to base your decision on your own personal needs and abilities.

We have different articles on interesting topics and current and former clients’ experiences with our programs. Take a look at the different situations on Debt Negotiation Settlement and debt related topics that people can fall into and how to keep yourself a debt free person.
Check these links to learn more:

http://www.debt-negotiation-settlement.com

http://debtsettlementcalifornia2.blogspot.com/

By: Elizabeth Laurent

Article Directory: http://www.articledashboard.com

Elizabeth Laurent is a contributing writer to www.debt-negotiation-settlement.comIs currently writing some special articles to guide business on how to manage debt and avoid bankruptcy.For Free Information on Debt Negotiation Settlement and Debt Help Consultation, call toll-free 1-877-850-3328

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