Identity theft is a general term for a huge, terrible problem that affects millions of people per year. It happens when someone steals your personal information to obtain goods and services. The thieves can harm your finances and your credit, and even nullify official, hard-to-replace documents. Worse still, some costs may not be recoverable unless you [...]
Types of Debtors The first step in determining whether you should offer a lower payment to settle a business debt is to identify which type of debtor you’re dealing with. There are different categories of debtors that may apply, as follows: A customer that will do anything to avoid paying. A customer that owes several [...]
When parents separate, child support agreements are often put in place to ensure that children (and their custodial parent) have the financial resources they need for food, clothing, education, healthcare, and all of the other expenses that come with raising a child. But just as children themselves grow and change, so do the circumstances of [...]
Identity theft can take up to 18 months to resolve on your own. The most recent statistics are alarming. 23 million people, or about 9% of U.S. residents over 16, have been identity theft victims. For 90% of them, the most recent incident involved the misuse, or attempted misuse, of an existing account, like a [...]
Debt Negotiations Here are things to consider during debt settlement negotiations: The circumstances causing the debtor to default on their obligation An appropriate opening lump sum offer and your bottom line number The broader terms and conditions of the settlement agreement What paperwork you should have the debtor sign after a successful negotiation The negotiation [...]
Prenuptial agreements are not just for the wealthy, they safeguard assets and provide financial stability in the event of a divorce. Today, more couples are signing prenuptial agreements than ever before. This type of agreement can ensure your premarital assets remain in your name and prevent you from losing financial stability if you later divorce. The rising [...]
Have you heard people talking about SIM, but didn’t know what it was? A SIM card (Subscriber Identity Module) looks like the chip on the front of most credit cards, but slightly bigger. This microdevice enables your phone to connect with your cellular provider and carries important information about your account. Without it, your phone [...]
Recruiters, employers, and co-workers are all guilty of checking your social media either to see how you might fit into their organization or out of simple curiosity about who you are; chances are if you have taken the time to look someone up, they have done the same. Most of you are probably thinking that you have [...]
Affordable Legal Advice for Ride Share & Delivery Drivers As an independent contractor, it’s up to you to protect your driving record and maintain a safe vehicle. If you get a speeding ticket or are involved in an accident, the company you drive for will not provide legal advice or representation. You’re on your own. [...]
Trusts may be set up as part of an estate plan for several reasons. For example, a Living Trust can help with estate tax issues, help avoid probate and address certain family circumstances. A Living Trust is a Trust that is established during a lifetime. It distributes assets similar to a Will. Avoiding Probate can [...]
Have you ever asked yourself: “am I being hacked?” Perhaps not, because skilled hackers do their dirty work in a way that doesn’t tip off their victims. And that’s their point—the longer that a victim is unaware that they’ve been hacked, the more damage that hackers can do. Which is why being aware of the [...]
The Difference Between Permits and Licenses While similar, licenses and permits are different. Understanding the differences between the two is the first step in identifying the permits your business needs. Licenses tend to be general and apply to activities that require competence, such as offering medical services or building homes. Licenses are often awarded after [...]
It’s that time of year again—the season when everybody starts shopping for the holidays! Whether you are seeking gifts for friends and family or want to treat yourself to a cool new gadget, you are probably planning to look online for the best deals of the day. It’s fun and easy to click “Add to cart” [...]
A DBA (sometimes called a fictitious or assumed name) lets sole proprietors and formal business entities conduct business under a name that is different than their legal name. Sole proprietors must file a DBA if they want to get a separate business bank account. A DBA may work better for marketing and branding than using [...]
It’s an unfortunate fact of life that sometimes, people don’t pay you what they owe. This, obviously, applies to so many situations, from late rent to contractually owed amounts to money owed for work done. There’s a perfect venue for such disputes, especially if the amount that’s owed is minor: Small Claims Court. It’s a [...]
