Understanding Basic Finance Terms
If your like many, you dont always understand what people are talking about when it comes to loans. Without understanding the basic terminology when it comes to loans you just arent setting yourself up right to make an educated decision when it comes to applying for a loan. There are hundreds of ... more...

Bankruptcy, Is It A Way Out
Negotiations with creditors have failed. Repossession is imminent and foreclosure proceedings have begun. Your income is simply not sufficient to pay your bills, no matter how low the payments are. It may be time to consider bankruptcy.Bankruptcy law evolved as a reaction to the abuses surrounding ... more...

Taking Control; Safeguarding the Distribution of Your Assets by Making A Will
The Importance of Making a WillA valid will is one of the most important documents you could ever put your signature to, as the consequences of failing to make a will before you die can have far-reaching effects on the people you care about most.Despite the importance of this legal document, it is ... more...

How Creditors Measure Your Credit Rating
Creditors will measure your credit rating based on the following three main things.CapacityCollateralCharacterThe three "C's" show creditors your:"Capacity" or income to pay the debt"Collateral" or assets to secure the obligation"Character" shows your compliance to repay the debt1. CapacityThe very ... more...

Life After Divorce- Surviving Financially
In the first few years after divorce, more often than not, the standard of living of both spouses drops. Why, because the same cumulative income and pool of assets now has to support two households instead of one. Unfortunately, most people don't prepare themselves financially or emotionally for ... more...

Merger and Acquisition Valuation Practice Outline
Outline for a New M&A ValuationPractice Area for a Law FirmMichael A. S. Guth, Ph.D., J.D., Practice LeaderThis outline describes the M&A package that our law firm would normally prepare when retained to find targeted acquisitions for a client. If we are retained by a seller, then this outline ... more...

10 Wisdom-Based Wealth-Building Strategies
Its the business of your lifeand youre the CEO! Gala GormanImagine that youre Noah and God is telling you that you need to build the ark. You might suspect that Noah was a bit skeptical. Could it actually rain for such an extended period of time that a small ship would be required to survive the ... more...

Financial Freedom with Home Loans
Commercial banks are financial intermediaries for getting financial freedom in home loan refinancing; that is, they come between borrowers and lenders. They borrow from their depositors and use the funds to make business and personal home loans and to buy other financial assets that yield returns ... more...

Planning Starts with the Basics
When developing a plan for your finances, the toughest question often is: Where do I begin? Before investing in stocks and bonds or buying life insurance, before implementing any change or making any decisions, you first need to analyze and understand your entire financial picture. Two documents ... more...