Lost Your Life Savings Because Of A Stockbroker? Call A Securities Arbitration Attorney Today!

In an effort to avoid overcrowding the courts, judges and lawyers alike are recommending arbitration as a viable alternative to mediation or litigation. While any case can enter arbitration, this option is more successful if the case is fairly straightforward and the plaintiff and defendant are willing to talk things out. Instead of judges, arbitration hearings have panels that are typically composed of one-to-three arbitrators who are chosen by both sides.

The Process

The panel peruses the pleadings that were filed by the plaintiff and defendant before the arbitrators listen to any arguments. Documents can be submitted by either side’s attorney, and a testimony can be given. Although the process is quite similar to a traditional trial, it is far less formal. For example, witnesses are not subject to perjury laws and related offenses since they do not have to swear an oath.

What Are The Advantages?

On average, arbitration cases are more expeditious

Read More

Financial Crisis Among Young Couples

Money handling should be one of the first things that every young couple should learn. A lot of couples do not have this skill and that is the reason why they get bankrupt even just a few months after they get married. If you to avoid this kind of situation, you have to recognize the main causes of financial crisis among couples and know how to deal with each.

Do not think for a moment that handling your money can be easier now that you are married since you can share the expenses with your partner. This kind of false mindset has led to the downfall of a lot of marriages. It has caused married couples to acquire liabilities that they can’t afford to pay.

There are various forms of liabilities. They can range from simple bank loans to overwhelming credit card interests that can lead to mind-blowing debts. Liabilities do one simple thing: take your money away. Eliminate liabilities if possible so that you can control the outflow of your cash.

The problem can

Read More

SBA Loans – Tips and Tricks to Obtain the Best

The most important and stressed one is the capital. An essential thing for your business comes as the initial pillar for the takeoff. Many have seen their best plans to get ruined just for the lack of enough money. That is the point why some organizations have given it a second thought to supporting those entrepreneurs who have an urge to establish their businesses with the capitals.

It has been a common scenario when the greatest blueprints have been suppressed due to the lack of capital and getting a loan almost seemed to be impossible with the formalities and over-the-top paperwork. Since it was understood that the small business or the startups were the backbones of the country’s economy, the idea to give them a backing has been started.

From 1953, when the Small Business Administration (SBA) has emerged, the whole scenario of the business capital providence has seen a new window of hope. With the SBA Loans, the small business owners could breathe easily with

Read More

The Skinny On Credit Cards – Book Review

By: Jim Randel (2010)

ISBN 978-0-9818935-4-9

Book Price: $14.95

Plain-English, entertaining, explanation of important topics

Jim Randel is an attorney and entrepreneur who has studied topics of financial literacy and personal achievement for thirty years. After years of studying how people learn, RAND Publishing has created The Skinny On series of books to provide a plain-English, and entertaining story, explanation of today’s most important topics.

Credit card education

Jim Randel uses a creative cartoon-style approach to educate readers. He addresses points as, “What is a financial blueprint?” (p. 13); “… card companies… ” (p. 50); “… what happens once money is loaned to you” (p. 60); “… the myth that debt is good… ” (p. 93); “… lower your rates… ” (p. 135); “The credit card act” (p. 146); and more.

Overcoming debt

Read More

The Best Way to Eliminate Your Debts

When you owe debts, especially debts of significant amounts, you seldom feel at ease. Yes, you may be current with your payments, however, there is always that worry in the back of your mind that continually makes you think of worst case scenarios. What happens if you get laid off or lose your job? How about if you are injured and have to miss a lot of work? How can I save for future goals when all of my paychecks are going towards making my minimum payments?

If this sounds familiar, you are not alone. Millions of people are currently living with debts that seem to drain their bank accounts and wallets dry. However, there is hope. It’s not easy and will require a great deal of focus and discipline, but you can eliminate your debts once and for all. Let’s take a look at a plan of action that consists of only three steps and has been proven to be the best method for eliminating debt.

1. An Accurate Current Status

To start off, you need to have an idea

Read More

Five Reasons for Refusal of a Personal Loan

Don’t you wish personal finance were a mandatory course in college? Unfortunately, too many of us learn by mistake. When you need a personal loan and are rejected, you might be baffled as to what went wrong- and how to fix it. Here are some clues.


No credit is a situation where you have never used credit and therefore have no credit history for the bank to review. They have no way of making an educated decision on whether or not you will pay back a personal loan based on your credit history. No credit is worse than bad credit. Qualifying for and making regular payments on these types of introductory forms of credit can overcome a “no credit” score:

· Student Loans

· Secured credit card (includes a down payment amount)

· Being added to a parent’s or spouses good credit: card, car loan, etc.


Low credit takes on several forms. If you’re using more tha

Read More

Personal Loans for Bad Credit: Why Payday Loans Are a Viable Option

The task of finding the necessary funds to help clear financial problems is complicated by the fact that some lenders still take a close look at credit histories. This is no good when the situation is an emergency, so as personal loans for bad credit go, a payday loan is not a bad option.

There are great advantages to fast loan approval, and accessing the required cash quickly, but it is important that the consequences of all loan agreements are known before signing up to anything. All personal loans have terms and conditions that affect the affordability of the loan, so it is essential that the terms of a payday loan are carefully considered.

What Are Payday Loans?

As the name suggests, a payday loan is an unsecured loan that is granted on the back of an upcoming paycheck. This means that the loan is paid back in one sum on the very next pay day. This might seem like an ideal solution to getting personal loans for bad credit, and they are certa

Read More

Irish Expats – Avoiding Taxes on Your Pension

For Irish people who chose to retire abroad, they now have the option to avoid the Irish pension levy, avoid Irish income tax, capital gains tax and make tax savings upon death with regards to your existing pensions. You can now avoid the new Irish tax on pensions via a transfer to a QROPS (Qualifying Overseas Pension Scheme). This is also known as the European Union Retirement Benefits Scheme (EURBS).

The new Irish pension levy (which started at an initial rate of 0.6% per year on pension fund assets) was announced last May in 2011 and is backdated to 1 January 2011. The Irish pension levy is targeted to raise €450m for the Irish Revenue Commissioners, every year, for at least the 4-year period 2011-2014. The Irish tax on pension payments applies to individual pension policies (“retirement annuity contracts”), company pension schemes, personal retirement bonds, (non-vested) PRSAs and buy-out bonds.

The new pensions levy is basically a tax on savings and

Read More

What Constitutes Undue Hardship?

When it comes to declaring bankruptcy in order to avoid paying off government student loans, borrowers must prove that continuing to pay a loan would cause undue hardship. In the 11th Circuit, we have what is commonly known as the Brunner Test.

Outside of the Bankruptcy Courts, an individual may also qualify for a discharge of their student loans. The Department of Education has a set of criteria that constitute what undue hardship actually is, and who is eligible for this type of relief.

If you are considering bankruptcy, it is important to speak with an experienced bankruptcy attorney that also has experience with student loan terms. Prior to meeting with your attorney, here are some of the things that you may want to further discuss.

Undue Hardship Definition

According to the Department of Education, here are the criteria for declaring undue hardship in relation to student loans and bankruptcy.

  1. Veterans that have been considered by t
Read More

Difference Between IVA and DMP

If you are like many people in the UK, then chances are that you have been having some financial problems recently. For some people, financial problems might mean that you have to curb your lifestyle. In other words, you will want to make sure that you are not going out to eat as much or buying fancy coffee beverages every morning. For other people, however, financial problems can actually lead to a serious rethinking. If you have creditors who have been hounding you for money, you need to make sure that you are not ignoring your problems. This is the worst thing you can do. In this article, you will learn about getting the best kind of bankruptcy advice.

The first thing you should know about most bankruptcy advice is that you are going to be confronted with two main choices. You can choose an IVA or a DMP. First, an IVA stands for an Individual Voluntary Arrangement. This is an agreement that you will reach with your creditors. You will agree to a reduced sum to pay and you

Read More