Articles, tagged with "creditors", page 2
10th January 2012
We look at the implications if your income changes while you are bankrupt.
If you have declared yourself bankrupt the official receiver will have reviewed your income and expenditure to establish whether you have a surplus income which should be paid tow...
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Author:
Beatmydebt
16th December 2011
We consider some of the key myths that surround the IVA debt solution and find out whether there is any truth behind them.
If you are trying to decide how to solve a personal debt problem, one of the debt management solutions you are likely to consider...
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Author:
Beatmydebt
12th December 2011
When creditors extend credit to a business customer it allows them to purchase products and/or services upfront but defer the actual payment for a later date.
The larger the purchase amounts a typical customer makes the greater the risk the creditor wi...
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Author:
Marco Carbajo
14th October 2011
Paydex is a system developed by Dun and Bradstreet (D&B) - the leading credit reporting agency in the US. The Paydex Score is used to calculate a business’s credit history in terms of figures. Paydex system is only applicable for business entities. Having...
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Author:
Richard Ray
12th October 2011
I am not an attorney, I am a judgment matchmaking expert (Judgment Broker). This article is just my opinion, based on the laws I have studied, and what I have learned. Nothing in any of my articles can ever be considered legal advice.
In my kind of wor...
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Author:
Mark D. Shapiro
10th August 2011
Building your business' credit is an important step. There is many aspects that you need to consider when building your business credit. There is many steps that you need to take to make sure that it is built correctly. This is what we do for you. We remo...
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Author:
bizcreditbuilder10
30th June 2011
In the lead up to an liquidation process, it is crucial that the debtor makes sure that he / she acts honestly, honorably and fairly in his or her business with all other people who will be impacted by the process. Any ventures involving financial institu...
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Author:
Freddy Meyer
11th March 2011
Tired of putting your personal guarantee on those commercial credit applications?
I'm sure you realize the whole purpose behind the PG is to ensure that if your business fails to repay the debt then you as an owner assumes personal responsibility.
W...
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Author:
Marco Carbajo
20th January 2011
Bad credit rating is causing loads of problems for people who have loans, credit cards and hire purchases even mortgage. They have to look for solutions to sort out bad credit rating before they can even think of consolidating their debt at a lower intere...
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Author:
all4yoursuccess
19th January 2011
Copyright (c) 2010 Alison Withers
The process known as a Creditors' Voluntary Liquidation allows the directors of an insolvent company can close it down without involving a court procedure.
There are four tests of insolvency laid down in the Insolve...
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Author:
Ali Withers
17th January 2011
Copyright (c) 2010 Alison Withers
The formal process to close down a company is called Insolvent Liquidation. It happens when a company is insolvent, which means it does not have enough cash or liquid assets to pay its debts and the directors have conc...
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Author:
Ali Withers
09th January 2011
Copyright (c) 2010 Alison Withers
The duties of the directors as a company's officers when it is insolvent move from a primary duty to shareholders to a primary duty to protecting the interests of its creditors.
The liabilities of shareholders are l...
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Author:
Ali Withers
03rd November 2010
It is a widely known fact that late payment can cause negative effects on one’s credit score. A simple 90 day late payment can have the same effect as that of a bankruptcy, a lien, a judgment or repossession. The amount does not matter as it can be as sma...
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Author:
William Nock
26th October 2010
If bankruptcy has been filed, a consumer can begin re-establishing credit with a 321 rebuild right away. There is no need to wait, and in fact, since credit rebuilding can take quite a bit of time, it is best to get started as soon as the bankruptcy has b...
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Author:
Internet Marketer
20th October 2010
Public sector capital spending cuts, particularly aimed at the residential and commercial property sectors, could leave many main contractors in the construction industry dealing with difficult times that could even result in insolvency.
Insolvency of ...
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Author:
Mike Grieshaber