Can Online Payment Processors Be Trusted? Copyright 2006 East Tech LLC Stormpay, one of the larger online payment processors, recently froze many of their merchant and members accounts starting on 2/9/2006 Stormpay also raided the balances of many of the account holders and literally took money without explaining why So many online businesses and Stormpay account owners were completely take by surprise with this latest move by the company Now that literally millions of dollars were taken by Stormpay, there are thousands of people asking "Where is my money?" Many ...

Finance And Divorce Are Your Finances Prepared For Divorce? Life is hard and nothing is more testing and straining than going through a divorce A divorce can indeed be a stressful time without the added pressures on ones finances Besides emotional erosion, a divorce is also known to be a costly event in a person's life; however provisions can be made by both parties to ensure that the financial strain incurred through divorce is made to be an equally-shared responsibility The best way to ensure that your divorce ...

Lawyer Professional Liability Insurance Under a Lawyer Professional liability insurance, the insurer is obligated to pay the legal costs of a business in a covered liability claim or lawsuit Covered liability claims include bodily injury, property damage, personal injury and advertising injury (damage from slander or false advertising) The insurance company also covers compensatory and general damages Punitive damages aren't covered under Lawyer Professional liability insurance policies because they are considered punishment for intentional acts In today's litigious society, even small accidents can result in large lawsuits That's why lawyer ...

Filing Bankruptcy And 3 Helpful Alternatives To Eliminate Your Debt You've got some serious debt problems Take heart in the fact that a lot of people do these days The key to getting out from under debt is to evaluate the situation you're in, and then to decide if you're willing to do what it takes to change it Are you going to stop using the mall as your playground? If so then you have a chance to get out of debt without resorting to bankruptcy In fact ...

Assumption, Assuming A Mortgage An assumption is the agreement between the buyer and the seller where the buyer takes over the payments on an existing mortgage from the seller Assuming a mortgage can usually save the buyer money since this is an existing mortgage debt, unlike a new mortgage where closing costs and new, probably higher, market rate interest charges will apply This type of mortgage scenario might just be a nice fit for someone who is looking to save money on closing costs and assume a ...

Buying A Business? Think Due Diligence Congratulations You have just decided to purchase a business, merge with another company or invest in a someone else's company Exciting, isn't it? You have probably been busy learning the business, talking to the seller about the operation, conducting market research and planning how can you run it better than the previous owner It does not matter if you are buying a small cell phone store, a large high-tech company or investing in a friend's "next big thing" There is one thing ...

Getting (and Staying) Out Of Debt Get Out of Debt If you are in debt, then you know the feeling, the stress, the anxiety, the calls from creditors and letters from banks If you are in debt then the first thing you would like to do is run However, you don't have to run away from your debt, here are some tips for getting out of debt Many people don't realize that they are going into debt, they realize once they are in debt If you realize ...

Work With Your Lender to Avoid Car Repossession Paying the Deficiency: The difference between the amount outstanding on a contract and the amount obtained by the creditor upon resale of the vehicle is known as a "deficiency". For example, let us suppose you owe $15,000 on a vehicle which gets repossessed. Your creditor resells it for $12,000. In this case the deficiency is $3,000 plus any applicable fees owing as per the contract. Such fees are those incurred due to the repossession ...