If things are not working out for your business and your business is failing from a financial perspective, you can file for bankruptcy. When you file for bankruptcy, you are going to want to make sure you know the specific type of bankruptcy you need to file for based on the structure of your business. Option #1: Chapter 7 Business Bankruptcy Corporations, partnerships, and sole proprietorships can all file for Chapter 7, also known as business bankruptcy or liquidation. [Read More]
What To Know About Bail Bond Property Liens
If a loved one needs help to get out of jail, you might be asked to arrange for bail. In most cases, you must use a bail bonding agent due to the high cost of paying the full bail. Bail bonds can be had for a small percentage of the bail required by the court, but in some cases, you must supplement that premium with more. Read on to find out more about what it means to put a home up as collateral for a bail bond. [Read More]
Are Financially Qualified For Homeownership?
When it comes to being approved for a mortgage, there are two problems that crop up time and time again. People that run into financial hard times often end up having a bankruptcy somewhere down the line. Along with a bankruptcy might come a low credit score. As you might imagine, financial chaos can stimulate a chain-reaction of negative events that seem to conspire to keep you from owning your own home. [Read More]
The Pros & Cons of Including Some Gold in Your IRA
When it comes to your IRA, diversity is the key. Some people interpret that to mean they should invest in a variety of stocks and bonds, while others prefer to invest in a diverse set of assets—such as real estate, stocks, and metals. If you fall into the latter group, you might be wondering if gold is a good addition to your IRA portfolio. As with all investment questions, the answer is highly dependent on your situation. [Read More]