Financial Planner Articles

Bankruptcy is a situation where a person or legal entity can no longer repay or service their debt. With the recent economic downturn many people have been caught out by finding themselves in a situation where not only can they not afford to repay their debt, they cannot afford to pay the interest. This has meant that many are now looking to find out how to claim bankruptcy.

There’s no place like home. “Hearth and Home” is an American expression, but it’s a concept that transcends culture and is closely related to the song, “This Old House.”

You probably won’t like what I have to say. But, the brutal reality is that you can’t spend everything you make and expect to get rich. Period. If you are slipping further and further into debt each month and you think real estate investing is going to save you, I have bad news for you. It won’t.

When your home is on the verge of foreclosure, you certainly will do anything possible to save it. But the problem is how you will do it. One, among many, is going to your lender and asking for help.

If you’re trying to find ways to earn money without having to punch a time clock or be enslaved by your business, residual earnings are the way to go. With residual earnings you put in some work setting up a business system which can run without your day to day steerage and kick back and watch the checks roll in.

Regarding the ability to fix bad credit, consumers have a very important right found in The Fair Debt Practices Act. Namely, consumers have the right to have a collection account validated.

The Soldier and Sailor Civil Relief Act or SSCRA was signed by President Bush on December 2003. The point for this act was to set new legislation to simplify or ease both legal and economic burdens to military personnel whether active or retired.

Home foreclosure is a not the best situation to be in. Once the notices start coming and the phone starts ringing you can’t really keep hiding. Your going to hear from lots of people who claim that they can help you. These calls are from organizations and companies that have their own motives and goals. Beware, in desperate times even a good sales pitch may sound like a miracle. Lets take a look at what they really want.

The federal government established the Fair Credit Reporting Act on April 25, 1971 so as to protect consumers against having inaccurate, misleading or obsolete information included in their credit reports. The intent in this law was that the credit bureaus should operate in a reasonable and fair manner when they work with consumers.

Penny stocks are a little known secret in stock trading. Few people look at penny stocks due to the unstable nature of the companies, but unstable is where the money is made in the stock market. The opportunity to make enormous cash is in penny stocks if you know where to look and how to play the game.