If you have been through the mortgage process in the last several years, then you know how tedious and time-consuming a process it can be. An increase in banking regulations, federal regulations and other stipulations has made buying a home more complicated than in years' past. Once the documents have been signed and the key put in a homeowner's hand, many think they have made it. However, many homeowners can hit a snag if they are unable to pay their mortgage payments.
If you and your spouse-business partner have decided to end your marriage, you will soon face the property division phase of your divorce.
In previous posts, we've covered the commercial real estate proposal in downtown Quincy. As a refresher, the large-scale project is on the footprint of the old hospital, in a residential area. There has been much back and forth about the project, and strong opinions on both sides of the issue. There has been more pressure put on the planning board to come to a decision on several issues affecting the project.
Planning for the future is something that many think about upon the turn of the New Year. Whatever your goals are for the New Year, and the future in general, an estate plan should be one of them. Estate planning can accomplish many goals that you may not necessarily be aware that it can accomplish. If you are business owner, an estate plan may be necessary in case something were to happen that would make you unavailable to run or make decisions for your business.
As a small business owner, you are likely already taking steps to prevent crime within your company. You may take actions to curb shoplifting, sexual harassment and burglary. However, you should not neglect the threat of white-collar crimes. White-collar offenses impact approximately 36 percent of businesses, and 25 of households, according to research from the National White Collar Crime Center.
Most people on the road have seen those distracted drivers, the reckless drivers - the ones who swerve in and out of lanes, stopping in the nick of time and otherwise putting themselves and others on the road in danger. Most of us go out of our way to avoid these drivers. However, we can't always get out of the way and sometimes, are just at the wrong place at the wrong time. What this can result in is a car accident injury for yourself or a loved one.
Few topics can strike fear into the hearts of divorcing couples' like the phrase "property division." However, property division is nothing to be afraid of. It's merely a splitting of the assets and liabilities in a fair and equitable manner. Even with that being said, there are some common questions that come up in terms of property division for many divorcing couples.
In terms of investments, few are as rewarding or as important as home ownership. When a homeowner falls behind on their mortgage payments they are at risk of losing their homes. Sometimes modifications can be worked out between the homeowner and the mortgage company. However, if this option has already been exhausted, or the home owner doesn't qualify for relief in his way, there are some other steps a person can take to delay or stop the process of foreclosure.