Dmort Business Solution » Business Opportunity

Consideration of bankruptcy

Michael M. Gonzalez — Mon, 25 Oct 2010 07:22:12 +0000

Sadly, the financial statistics for a woman after divorce are not encouraging. Some studies show that disposable income falls by an average of nearly 30 percent. Four times divorced single mothers who fall below the poverty line than their counterparts in marriage and 22 percent of divorced women pensioners live in poverty. (USA Today)

After the divorce, many women are facing the sobering reality that their finances have changed considerably worse. Even if both spouses worked during the marriage, the majority of the total combined income was used to pay the bills. After a divorce, if you work, your income will now have to fully cover those same expenses that were previously covered with two incomes. If you did not work and is given child support and alimony, the income of her ex-husband will have to stretch to keep as many expenses as their own, which may be impossible.

If you and your ex-husband had many joint debts that now need to pay, then perhaps contemplated bankruptcy. Consult a financial advisor, working with a local department of a national credit-counseling agencies like the Association of Independent Consumer Credit Counseling, Credit Counseling Services Consumer Credit Counseling or the American consumer and learn about bankruptcy before starting the actual process of applying for bankruptcy protection.

You may also need to consider your ex-spouse files for bankruptcy to exonerate him of their support obligations if you can not pay. Under the rules of bankruptcy, child support obligations are not discarded, but may be delayed.

You must ensure that your divorce settlement includes provisions to notify you if your ex-spouse files bankruptcy and you can declare together and that her ex-husband is responsible for joint debts acquired after the divorce so that you are not responsible for these if you file bankruptcy on your own. Talk to your attorney about modifying the agreement, but has included these clauses in their original agreement.

Rental Property as a Business Opportunity

Andre Wongso — Sun, 06 Jun 2010 12:49:47 +0000

If you wish to purchase a rental property, that is to say, a property not occupied, Multi-Mortgage Loans can provide a wealth of practical advice.

Property for purely rental

To gain full ownership of rental 1 to 4 units, you have to pay a down payment of 20%. To buy a property of 5 units or more, the minimum down payment required is 15% and the balance sheet of the property must meet the requirements of the lender’s profitability.

Rental property with owner occupier.

To acquire a property with a dwelling shall be occupied by the owner, the minimum down payment is 5% for a duplex. You will plan a downpayment of 10% for a property of 3 or 4 units and 15% for a property of five units.

Mortgage Value

Andre Wongso — Wed, 02 Jun 2010 12:39:07 +0000

Did you know that your home has probably increased in value since its acquisition? With this added value, you can renovate your property. Refinancing as a borrowing cost, which releases the equity in your home and allows you to finance your projects at a great rate.

Did you know

With refinancing, you can borrow up to 90% of the market value of your condo, single family, duplex, triplex or fourplex that you lived.
For a multi-dwelling (5 units or more), you can borrow up to 85% of market value.
For purely rental properties, you can get up to 80% of market value.
Once your mortgage balance subtracted from the amount available can help you realize your project.
The refinancing may be requested at any time.

Business Consulting Division

Andre Wongso — Wed, 05 May 2010 00:21:16 +0000

Our Business Consulting division makes us one of the most recognized companies in the field; our team is not limited to solve problems, come to situations that may represent opportunities or threats for your business, providing an objective, multidisciplinary and professional . From a holistic view of business, we work with our clients to develop and deploy practical, business solutions with measurable results.

Our services in this area are:

Strategic planning: setting goals and long-term, identifying the resources, facilities and activities required for this
restructuring firms: implementation of extraordinary measures and medium-term to crisis and ensure continuity of business
optimization process: review and design processes to optimize in terms of business strategy
Cost management: establishment of controls to achieve a competitive cost structure and expenses
institutionalization of family businesses: harmony of conduct of family businesses, balancing three key elements: ownership interest, business administration and family relations
information systems: development and implementation of integrated information models for all levels of the organization
Corporate Finance: Valuation project development, mergers and acquisitions and development of financial models