Personal bankruptcy occurs when a person is not able to pay off his debts and has more liabilities than assets. There can be different types of filing personal bankruptcy. The most common filing bankruptcy is under chapter 7. Of all the personal bankruptcy filings, approximately 1.5 million were reported in 2009 just according to data […]
Private money lending is mostly when people lend their own money to professionally managed or investors real estate properties. Investors usually turn to private lending companies to fund their deals because the amount offered by a bank does not qualify for an unsecured loan or they are running out of time and cannot wait the […]
If you are considering purchasing a home or a car, or even just opening a credit card account, you should make yourself aware of the Truth in Lending Act, also known as the TILA. The Truth in Lending Act is a 1968 federal law that requires borrowers to make known certain information to potential customers […]