Posted on: 16 August, 2006
Author: Michael Challiner
New figures have been released showing that in 2005, 67,800 people were declared bankrupt. In the second quarter of 2006 alone, around 26,000 people became insolvent in England and Wales, a rise of 66... New figures have been released showing that in 2005, 67,800 people were declared bankrupt. In the second quarter of 2006 alone, around 26,000 people became insolvent in England and Wales, a rise of 66% on last year. The way its going, it looks like the number of personal insolvencies in 2006 will top the 100,000 mark. So why has bankruptcy become such big business? The main...
Continue ReadingPosted on: 16 August, 2006
Author: Michael Challiner
With buy to let mortgages increasing in popularity and availability, is this a good way for you to secure a future nest egg? The government predicts an increase of more than 2 million UK households over the next 10 years, due mainly to an increase in EU immigrants and a trend of smaller households. This obviously leaves a good opportunity for would be buy to let landlords, especially with the better buy to let rates we are currently experiencing and the extra tenants wanting accommodation. So, what are the requirements of buying to let? Well, the main requirement of a...
Continue ReadingPosted on: 29 July, 2006
Author: Paton Jackson
Here are some frequently asked questions and their answers that might give you some guidelines about Homeowners Insurance. It might happen that you are a new homeowner and want to insure your home but dont know about Homeowners insurance. You might take advice of an insurance broker, but at the same time you should also have some elementary knowledge as well. Here are some frequently asked questions and their answers that might give you some guidelines about Homeowners Insurance. Q.1 How can I find the right homeowners insurance? Answer: Internet is the best option to get the right homeowners insurance....
Continue ReadingPosted on: 27 July, 2006
Author: John Dow
OK, so you have a little (or maybe not so little) problem with your credit report. All is not lost, but you will have to dedicate some effort and time to "fix or repair" your credit score. Keep in mind that it took more than 30 days to screw your credit score up, so make sure that you follow the basic guidelines of restoring it. There's a lot of jargon and information you need to know before you start your repair project. Repairing your credit score is not brain surgery but you do need to adhere to some basics in...
Continue ReadingPosted on: 27 June, 2006
Author: Mike Hamel
Learn about the five numbers that determine the cost of a bad credit second mortgage: interest rate, years on the job, credit score, closing costs and term length. Bad credit second mortgages make up a sizable part of the mortgage market. According to a recent survey by the Mortgage Bankers Association, the number of second mortgage originations increased by 13 percent in the second half of 2005 and closed-end second mortgages increased by 33 percent. The survey included 114 lenders that originated $189 billion in second mortgages, many of them to people with bad credit. There are at least five...
Continue ReadingPosted on: 09 June, 2006
Author: Donna Lewczuk
Ever thought about purchasing a property for recreational use but thought the financing would be too hard to obtain? Discover how that property could be closer than you think! Strategies for knocking years off your mortgageMost of us can accept the idea that we must borrow money to purchase a home. We look for the best mortgage, and then just keep doling out the money for as long as it takes to pay it off. Most Canadians choose to amortize their mortgage over 25 years. Thats a long financial commitment, and it could more than double the cost of your...
Continue ReadingPosted on: 03 May, 2006
Author: Alison Cole
Austin is a developing city in the state of Texas and is a popular destination both in terms of business and education, for many people, especially youngsters. This has caused the demand for apartment... Austin is a developing city in the state of Texas and is a popular destination both in terms of business and education, for many people, especially youngsters. This has caused the demand for apartments to rise rapidly over the last few years, making the task of searching for an apartment quite onerous, both for experienced as well as inexperienced apartment hunters. There are several things to...
Continue ReadingPosted on: 01 May, 2006
Author: David Slone
Phishing involves the sending of an e-mail falsely claiming to be from an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft. What is phishing? Phishing involves the sending of an e-mail falsely claiming to be from an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft. The e-mail directs the user to visit a Web site where they are asked to update personal information, such as passwords and credit card, social security number, and bank...
Continue ReadingPosted on: 26 April, 2006
Author: Jimmy Sturo
Loans are a very important part of life if you are trying to make a living in the city. However, more than often one might feel those abyssal moments of crunch times when one runs out of all the cash ... Loans are a very important part of life if you are trying to make a living in the city. However, more than often one might feel those abyssal moments of crunch times when one runs out of all the cash and is in dire need of some money. It is during such situations that an advance loan comes in...
Continue ReadingPosted on: 26 April, 2006
Author: Eddie Tobey
The legal provision of bankruptcy, though sometimes misused, is a progressive and often merciful process. By it, a hopelessly indebted individual can make an official declaration of financial inabilit... The legal provision of bankruptcy, though sometimes misused, is a progressive and often merciful process. By it, a hopelessly indebted individual can make an official declaration of financial inability and be free of obligation. This may be on a temporary or permanent basis, depending on the degree of insolvency. With new amendments in US laws, there is little or no social or corporate stigma attached to filing for bankruptcy. Filing for...
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