Daily Archives April 8, 2015

Bankruptcy and Your Credit

Bankruptcy and Your Credit

by: T.Going

Bankruptcy and credit are directly linked to one another. Credit is how many people run into trouble with their finances, and ironically how they remedy their financial problems at the same time. Credit availability and the encompassing pressure to maintain a good credit ranking will often allow lenders to form prejudices. Many times this can make be the difference between receiving, or being denied, a large loan.
When someone goes bankrupt several things take place. By filing for bankruptcy you acknowledge that you are not able to pay your debts and must be relieved from having to pay off your unsecured debts. Unfortunately, this relief from debt comes at a price. Declaring you are bankrupt makes you at risk to creditors...

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Overwhelmed By Student Loan Debt? Consider a Conso

Overwhelmed By Student Loan Debt? Consider a Consolidate Student Loan

by: Mike Yeager

A consolidate student loan is the perfect solution for people who need help managing their debt. If you have several different loan payments but want to make only one payment per month, you should apply for a Federal Consolidation Loan. With loan consolidation, your lender will combine your present loans into one single loan. If you do decide to get a consolidate student loan, you will pay interest on a fixed rate. The rate is determined by the average of your loans, and is averaged up to the nearest .125 percent. If you make direct loan electronic payments, you may get a lower interest rate...

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An important part of lifetime planning is the Powe

An important part of lifetime planning is the Power of Attorney.

by: Jeffrey Broobin

An important part of lifetime planning is the Power of Attorney. Valid in all states, these documents give one or more persons the power to act on your behalf. The power may be limited to a particular activity (e.g., closing the sale of your home) or general in its application, empowering one or more persons to act on your behalf in a variety of situations. It may take effective immediately or only upon the occurrence of a future event (e.g., a determination that you are unable to act for yourself). The latter are “springing” Powers of Attorney. It may give temporary or continuous, permanent authority to act on your behalf...

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Fighting Identity Theft

Fighting Identity Theft

by: James H. Dimmitt

Chances are good that you know someone who has been victimized by the fastest growing crime – identity theft. The Federal Trade Commission (FTC) reported that there were 10 million cases of identity theft in 2002 alone. It’s estimated that someone’s identity is stolen every 79 seconds.
The bad news is with increasing amounts of personal information available to an experienced identity thief, it shows few signs of slowing down. The good news is that identity fraud is now a federal crime with stiff penalties for those who perpetrate these crimes.
Here are a few simple steps you can take now to minimize your risk:
1) Check your credit report annually, if not more often...

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Recognizing “Abuse” May Be Key Step for Many Immig

Recognizing “Abuse” May Be Key Step for Many Immigrants Seeking Green Cards

by: Heather L. Poole

The Violence Against Women Act (VAWA), passed into law in 1994 and amended in 2001, provides hope for immigrant domestic violence survivors. An abused immigrant who is married to a U.S. citizen or Lawful Permanent Resident or who divorced her abuser in the past two years may now petition on her own for an immigrant visa and green card application, without the abuser’s knowledge or consent. In this confidential process, CIS (formerly called “INS”) agents cannot legally contact the abuser and tell the abusive spouse anything of the abused immigrant’s attempts to obtain a green card under VAWA. The process can often be completed within a year for those married to U.S. citizens...

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