Category Archives: Financial Publications

Financial publications come to us through certified public accountants, new releases, and other professional areas. Topics will include credit counseling, debt consolidation, and legal advice from lawyers and resident attorneys.

The Runaway Student Loan Debt-Economic Recovery Threatened by This

Posted on 29/04/2012 by jrapublish| Leave a comment

When the federal student loan program was first introduced years back (1965), it was considered by all to be a really good idea. You would have had the option to borrow so as to complete your college and then pay back the money after you get a job. But, today the scenario has changed a lot and this has happened mainly because, most of the borrowers are held back by the immense amount of debt that has built up due to the lack of various other complex financial situations. Majority of the people are so deep into debt that sometimes getting the help of debt settlement lawyers; too seems to be not enough for handling the debt complexities. The student loan debt and economic recovery; The student loan debt in America has reached to such limits that it is said to have surpassed even the amount of credit card debt and also the auto-loan amounts. The little signs of recovery that were seen is said to have been jeopardized by the immense amount of student loan debt that have piled up over all other kinds of debts.

The job market is still not stable and so most of the students who have passed out has still not been able to get any proper jobs. As a result, it has become increasingly problematic for them to make the payments on the student loans along with the other debt payments and in addition the other expenditures too.

Moreover, now the situation continuously is becoming more and more worse. This is because, with time and with no job in hand, most of the students are returning to school. Thereby, this again is resulting in higher indebtedness for almost all of them. According to the recent reports, the student loan debt on an average has topped over $25,000. This is said to have upped the percentage by quite a considerable amount in the last ten years. It has increased by 25% in the recent years. This constantly growing student debt is said to have a direct impact with regards to the taxpayers.

This is because, almost all of the student loan debts in the ratio of 8:10 are government guaranteed. The President has proposed various techniques and plans which are mainly aimed so as to fine-tune the whole loan system and the payments – so as to make it easier. However, there seems to be no immediate relief from the circumstances of the former students who have failed to pay off the students loans and are burdened with other debts too. The GOP presidential candidates too have given no such importance to this issue and rather are said to have dismissed the whole of this issue.

Some have also labeled the now president as “a snob” urging all of the people to get more and more of the higher studies which can help them get better jobs and thus higher salary. This again is supposed to help them do away with the problem of the debt load resulting from educational loans. The growing student debt has mainly resulted from the escalating cost of school fees too. but, according to Newt Gingrich the student loans is more of a type of tax. According to a research by the Federal Government, it has been found that most of the people who are 60 years and even older still now owe around $36 billion under the banner of the student loans.

Posted in Financial News

ClearPoint Credit Counseling Solutions warns consumers to beware when buying online

Posted on 26/09/2011 by jrapublish| Leave a comment

Credit counselors at ClearPoint Credit Counseling Solutions to warn consumers to take precautions when buying online. Many of us are using credit cards to make purchases online more and more all the time.
I know I do. It is just so convenient. But a recent study done by Channel Intelligence indicates that retail sales increased 30% in the second quarter of this year compared to the same time last year. The largest portion of the increase came from online credit cards purchases that were up 22%. No wonder that so many non profit and regular debt consolidation & relief as well as credit counseling plus debt settlement firms are thriving these days.
It’s a comfort to know that federal law greatly protects consumers by limiting the risk of fraud against their credit card accounts to only $50. Thank you, I say!
ClearPoint Credit Counseling Solutions says you should keep your business to trusted businesses you know. If not, be sure to research the business to learn about their reputation, location, and phone number in case you have any problems.
Secondly, prior to entering any personal information, confirm that the submission page is secure. Emailing is not a secure option, ClearPoint notes, particularly when transmitted over public Wi-Fi. Never reply to unsolicited offers or enter personal information in pop-up windows.
ClearPoint does say that the best, most secure way to pay online is by credit card, and sites the limited liability.They advise to keep an eye on your account activity after an online purchase to see if any unusual transactions appear.
The more you buy things online the more comfortable you become with it. Just be on the lookout for anything that doesn’t feel or look right. All in all I think that credit counseling and other debt management services may be a growth area in the future.

Posted in Financial Articles

How To Get A Lawsuit Loan With A Wrongful Death Lawsuit Plaintiff

Posted on 23/03/2011 by jrapublish| Leave a comment

When someone is getting a wrongful death lawsuit loan or either they might have lawsuit funding then they are getting cash in advance that is provided to the plaintiff before the lawsuit is settled. A lawsuit requires having money and when family members can get lawsuit funding it helps to enable the plaintiff so that they can get the cash money they need years or months in advance before the settlement is completed.

A lawsuit funding or a lawsuit loan is given to the plaintiff as non-recourse cash in advance that gets paid back to the funding company only if the plaintiff wins the lawsuit or if everything gets settled. When litigation is lost and the plaintiff doesn’t get anything then the loan funding company won’t get paid back. Sometimes it is also called a settlement loan, lawsuit funding, lawsuit advance funding, litigation funding or either legal cash advance.

If a wrongful death lawsuit has been claimed then that means the victim died because of negligence. This also includes malpractice, recklessness, improper conduct done by the defendant and malpractice. When any of these kinds of accidents happen then the survivors is entitled to compensation.

In Long Beach, there are a lot of accidents because many people go there throughout the year to visit and look around. Some might take a vacation there while others go to college. As a result, the number of accidents increase which also includes the number of unjustifiable death.

It’s always a very heart wrenching and hard experience whenever there has been a wrongful death. When a sudden death happens that is unjust it can cause a lot of financial problems for the family members left behind. The survivors not only suffer with money but they go through a lot of pain and suffering. The survivors have every right for compensation when they have lost someone from wrongful death.

A settlement loan or a wrongful death lawsuit is vital because it can help the families to recover from what they lost. The money can be used towards paying off bills, medical treatment, car payments and even education expenses. Working with an experienced Long Beach Lawyer ensures the family that they’ll be getting the most that they can with the claim. The lawyer will help the family out during their hard time and answer any questions that they might have. It’s important for family members to get in touch with a skilled Long Beach lawyer as soon as possible so they can get started right away with helping the survivors.

Posted in Financial Articles

Are Lawsuit Loans a Hassle?

Posted on 07/02/2011 by jrapublish| Leave a comment

Lawsuit loans are not a hassle at all; in fact, the process is simple, and not at all like what you may have been through before when applying for a bank or conventional loan. If you are involved in a personal injury lawsuit and fear that you are facing financial disaster or even bankruptcy, settlement loans are something you should consider. You can continue to fight for all that you deserve, and live comfortably while doing so. All in all it reminds me of something that happened with either Phoenix or scottsdale luxury real estate a while back, I think it involved a Scottsdale country club, golf courses or some other type of luxury real estate and a lawsuit. Maui also has some wonderful golf courses as well as luxury real estate overall.

You may be thinking, “This sounds great, but if I’m already having trouble paying my bills how can I possibly add another payment for a loan to the mix?” With lawsuit loans, there are no monthly payments. You only repay the money when you win your lawsuit and have your money in hand. Settlement funding companies offer this money as a sort of “cash advance” against your pending settlement.

The money is yours and you need it right now. That’s what we do.
But what if you do not win, how will you repay the money? lawsuit loans are no recourse, meaning that you owe nothing in the event that you do not win. Whether you need a few hundred dollars or $250,000, you can get the funds you need to pay household bills, car repairs, medical expenses, attorney fees and other costs. Settlement funding companies are in business to help litigants in personal injury lawsuits avoid settling with insurance companies, who will offer you only a small portion of what you are really entitled to.
With lawsuit loans, the process is easy. Your lawyer simply submits an application that is based on the details of your lawsuit – no credit checks or any other of the red tape you go through with conventional loans. The settlement funding company will then review this application, and determine if you qualify that same day. If you do, you will have the money you need the very next morning, so that you can pay your bills, rest easy and focus on winning your lawsuit. As an aside this firm has excellent luxury Maui real estate if you happen to be over in Maui.

Don’t let insurance companies or those who have caused your injuries due to their negligence get away with it. You deserve every penny for what you have been put through! Lawsuit loans are a solution that will help you live a normal life while focusing on winning all that you deserve. Talk to your attorney about settlement funding, or learn more online today.

Posted in Financial Articles

When You are Seeking Credit Counseling

Posted on 06/02/2011 by jrapublish| Leave a comment

One of the hallmarks of a good money manager is someone who automatically saves a little money each month, rather than going a little deeper in debt. Instead of using credit cards when those unexpected, yet inevitable, expenses arise, having money in the bank keeps your financial plan from falling victim to the unforeseen. This is why so many folks have been turning to deferred annuities debt consolidation, credit counseling, debt management and the like. Some people are asking what are annuities and what is a 401k annuity as well.
Commonly, debt management experts recommend that you try to keep 6 months worth of expenses in reserve, and that you automate regular monthly deposits into your savings account by direct debit.

Reduce your debt systematically. Here is the key: It’s not what you deserve, it’s not what you want or need, it is what you can afford. Limit unnecessary expenses, pay off existing debts; it sounds simple, but it requires a strong will and a strategy. You may want to consult a credit counseling, annuities expert or debt consolidation firm for assistance in this important matter.

Write a plan for your future. My son believes that writing down your goals brings them from the realm of thought into the physical world of actuality. There is power in having a formal, written plan. Put your heart and soul into the writing of it—design the human being you want to be in the world. If you are going to obtain an annuity, first ask “what exactly are annuities?”

People put off making adequate plans for their future retirement because retirement seems so far away, and the wants and needs of the “now” seem so much more urgent. Your older friends and family can tell you the future rolls around so much sooner than you expect, and small amounts put aside now can make an enormous impact in years to come.

Posted in Financial Articles, Financial Publications, Various Off Topic Publications