Finance Law - list of new articles

Binary Options are a relatively new entrant into the financial market. While investing in these, a trader knows for certain what the pay-out is going to be if their prediction is correct. Either they get this amount or nothing. As the name suggests, there are just two possible outcomes. There are basically two categories of binary option trading. These are the “asset or nothing” option and the “cash or nothing” option. .... >> MORE

An attorney can help you out when you default on your federal or private student loan. Following his advices will be a good choice for you. .... >> MORE

INTEREST RATE SWAP MIS-SELLING – THE BANKS’ TYPICAL FAILURES Rick Munro, Partner at the .... >> MORE

With the implementation of Dodd- Frank Act, many US traders are bemused as to whether or not binary option trading is legal in United States. Since this trading option involves lower levels of risks and uncertainty than other means of trading, it has become a widespread and well-accepted trading option amongst experienced traders, especially in U.S. However, US traders have got a massive hit after the enforcement of Dodd-Frank Act. .... >> MORE

The contribution required of persons, groups, or businesses within a governmental jurisdiction for the support of governmental programs. Springtime brings a flood of questions about State taxes. The Internal Revenue Service (IRS) is the U.S. government agency responsible for tax collection and tax law enforcement. The U.S. Small Business Administration (SBA) has compiled a list of State sites and their specific tax rules and guidelines. .... >> MORE

Negotiating with a collection agency or junk debt buyer is somewhat similar to negotiating with a credit card company or other original creditor. However, many collection agencies (or junk debt buyers) will agree to take less of the owed amount than the original creditor, because the junk debt buyer has purchased the debt for a fraction of the original balance. As a part of the settlement, the consumer can request that collection is removed from the credit report, which is generally not the case with the original creditor. .... >> MORE

The U.S Government Accountability Office and the Federal Trade Commission have found out that huge fee for little result is quite common in the debt settlement industry. To make sure that the consumers get a fair deal, the FTC has come up with new debt settlement rules. Let’s have a brief look at some of them. .... >> MORE

Although bill collectors can be persistent, many are careful to follow the law when contacting you. Unfortunately, some are not. If a bill collector oversteps the bounds of the law, you can take action. The federal Fair Debt Collection Practices Act, or FDCPA, prohibits certain debt collectors from engaging in abusive behavior. It covers debt collectors that work for collection agencies. It does not cover debt collectors that are employed by the original creditor (the business or person who first extended you credit or loaned you money). If a debt collector that works for a collection agency breaks the law, you can take steps to make sure it doesn't happen again. .... >> MORE

People who are having difficulty paying their debts sometimes consider bankruptcy to obtain relief from collection efforts, eliminate some or all of their debts or restructure their debt payments to a more manageable level. As with most other legal matters, any person may represent himself or herself before the bankruptcy court. Bankruptcy, however, is a highly refined procedure that is full of detail and interpretations based upon prior case law. Each case is different, as are the individual consequences to the debtor. This article gives you general information about bankruptcy and is not intended to be a substitute for consulting qualified legal advisors. .... >> MORE

Data provided by the Federal Reserve reveals that consumer credit card debt in the U.S reached $800.5 billion, thanks to an increase in credit card .... >> MORE

Lawsuits can be expensive, time-consuming and tiring... .... >> MORE

Book Title: How to Buy a House in California (Paperback) by Ralph E. Warner (Author), Ira Serkes (Author), George .... >> MORE

How do closed-end mutual funds work? They are very much like mutual funds in that they are both investment companies. The difference .... >> MORE

A spouse is considered an employee if there is an employer/employee type of relationship, i.e., the first spouse substantially controls the business in terms of management decisions and the second spouse is under the direction and control of the first spouse. If such a relationship exists, then the second spouse is an employee subject to income tax and FICA (Social Security and Medicare) withholding. However, if the second spouse has an equal say in the affairs of the business, provides substantially equal services to the business, and contributes capital to the business, then a partnership type of relationship exists and the business's income should be reported on Form 1065, U.S. Return of Partnership Income (PDF). .... >> MORE

If you're convinced that your opponent is totally unreasonable, you may wonder why you should waste time mediating. But experience shows that when .... >> MORE