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Law and debt – Credit card law introduced in 2010

08/06/2011 16:36
Some new credit card law had been introduced in 2010 which were supposed to help the consumers avoid incurring credit card debt. Two set of laws were introduced in 2010 – one on 22nd February and another on 22nd august, 2010. It is important for you to know both set of rules so that you are able to...

3 Mortgage lending laws introduced from 2010

08/06/2011 16:32
Since the subprime crisis, various mortgage laws have come into practice in order to avoid another economic meltdown of similar magnitude. If you are a mortgage lender you need to follow these laws in order to offer a mortgage. Some of the conditions these laws aim at achieving are listed...

The FDCPA law in regards to debt collections

02/06/2011 14:42
The FDCPA or the Fair Debt Collections Practices Act is the federal law that mainly applies to the debt collection agencies and their collection practices. If you fail to make payments, the creditor or the lender may hand over the collections to the collection department or sell off the debt to a...

The FTC laws on the debt relief companies

02/06/2011 14:38
The Federal Trade Commission or the FTC, had passed on a new set of law or rules on the debt relief companies in order to save the consumers from scam companies. It mainly prohibits the for-profit debt relief companies from charging any kinds of upfront fees for the services that they offer you to...

Factors Affecting Asset Protection Success

04/03/2011 11:08
Whether you have assets worth $50,000 or $500 million, you need to formulate a plan for protection, not from fraudulent schemes or conmen, but from other risk factors. What are these factors? Why do you need to protect your assets? How do you approach the matter? Consult a competent asset...

Don’t Just Build Asset: Protect It

04/03/2011 11:04
People spend their entire life building asset. They know how to make money and they invest all their time and effort to become financially sound. But they don’t think how to protect their asset. They never think that it is important to take measures to remain protected from future creditors,...

Defending a Traffic Law Violation Charge

04/03/2011 10:57
Having a clear understanding of the traffic laws and your driving license status is a prerequisite for most US states. Florida is no exception. Moreover, this state treats driving while license suspended as a serious charge and penalties increase with the frequency of your committing it. You can...

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