Wringer World

Most people associate bankruptcy with failed projects, the bankruptcy filings are a result of an inability of the owners and their lenders to come to terms on refinancing the debt on the respective properties. The filings are both a protective maneuver to avoid foreclosure.

Over the past month, the owners of two prominent Raleigh commercial properties – the Seaboard Station retail center near William Peace University and the Offices at Wade buildings near the RBC Center – have filed for Chapter 11 bankruptcy.

Most people associate bankruptcy with failed projects, but each of these properties is producing income and is more than 90 percent leased, their owners say. The bankruptcy filings are a result of an inability of the owners and their lenders to come to terms on refinancing the debt on the respective properties.

Such filings have become increasingly common in recent years as property owners have fought to hang on to their investments. The filings are both a protective maneuver to avoid foreclosure and a way to put pressure on a lender to negotiate.

“It’s a game of chicken that sometimes works, sometimes it doesn’t,” said Jim Anthony, a Raleigh commercial real estate broker and investor.

Both Gregory and Parker, the owners of Seaboard Station, and Lichtin Corp., the owner of Offices at Wade, have 120 days from… continue reading

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Nowadays, there are lots of information on the internet on how to stay fit, but it seems too time-consuming for people and they wouldn’t bother. Today, youngsters consider exercising regularly or preparing healthy meals a waste of time and they wouldn’t participate at all in it. This is however, realized when the person realizes that he is unfit and has gained a lot of extra weight. People often lack to notice how often they are eating. Although, eating more often, as bad as it might sound, is not really bad, it is actually good to eat more often. But, this doesn’t mean that large amounts have to be eaten every single time. It is strongly recommended to eat more often, but eat less every time the person eats. The way a person eats affects the metabolism in the body. When a person eats more often, the food is digested easily and quickly. The process of digestion uses up the calories, however, if there are longer gaps in eating meals, this affects the metabolism of the body and can slow it down, and that way the digestion process will not use up the calories easily which can result in gaining extra weight.

People often make an excuse of not going to the gym because they do not have enough money or the gym is too expensive. People, who are fit, take that as a cheap excuse. People do not need to worry about money in case of exercising as it is not costly at all. There is no need to join a gym and use those heavy machines just to stay fit. There are many other ways to get fit, one of the most important and common ones are running and walking. It is very common to see people running or walking on the streets, there is a reason all those people do it, and it really helps in staying fit and reducing weight. If running seems uncomfortable, walking is the best alternative. It might seem low, but it really does help and burn a lot of calories.

Sometimes, a person might feel lazy and want to skip an exercise session. This is not recommended and is bad if good results are expected. This usually happens if a person exercises alone, therefore it is recommended to do group exercises as it is more fun and that way everyone gets motivated. Everyone will probably work out a longer session and get more tired, which will give good results in the end.

Preparing food in a proper way is important to stay fit as well. For example, if vegetables are being prepared, they can be steamed. Steaming the vegetables can keep all the nutrients in them and will have multiple benefits while eating. Most of the nutrients are lost in many other cooking ways. It is not important only to eat the steamed vegetables as it might sound boring and might not seem tasty. They can be used in foods like fish and other meat.

All these tips can really affect a person’s healthy life style and to stay fit.