As defaults continue to rise, it’s important for lenders and creditors to understand their rights in bankruptcy court. If you are owed money from a borrower who filed for bankruptcy, contact Kahana & Feld LLP to discuss your legal options. Bankruptcy eliminates debt and stops foreclosures, repossessions, wage garnishment and debt collection activities. However, it can also cause problems for those who co-signed a loan. 1. Communicate With Your Lender When you fall behind on…
"Dealing With Loan Default and Bankruptcy Steps to Take"Tag: Investing 101
The investment options you choose depend on your goals, risk tolerance and time horizon. You can diversify your investments, or put the bulk of your savings in certificates of deposit (CDs) or high-yield savings accounts for easier access to cash. Exploring the different types of investment products and their potential returns can help you build a diversified, tailored investment portfolio. Stocks Stocks, also known as equities, are ownership stakes in publicly traded corporations. They can…
"Exploring Different Investment Options and Their Potential Returns"Young adults looking to grow financially should consider investing. Saving in an account alone won’t do it, while investing can offer higher returns that help reach financial goals like buying a house or saving for retirement. But there are certain considerations you must keep in mind before beginning investing. Investing Basics When planning for long-term financial goals like retirement, such as investing can often be necessary. Saving is one way of building up funds; investing…
"Investing 101: A Young Adult’s Guide to Financial Freedom"