Category Archives: Finance

Why Should You Have Good Personal Financial Management System

Personal financial managementfinancial management system is very important to help you manage your own budget easily. This type of management system can help you avoid getting any financial issues in your daily life. You can also achieve your goals quickly when you are able to manage your own budget regularly. It is not difficult for you to have good financial management system for your own personal life. Before you start managing your own budget, you need to take a look at this page today. This article is going to show you some benefits of having good budget management system in your life. Continue reading

Things You Should Know About Bankruptcy

things you should know about bankruptcyBankruptcy is only one choice for someone in debt that is serious there’s an alternative choice which individuals ought to know about specifically the consumer proposition.

Whereas in a bankruptcy your assets are assigned to a trustee (subject to exemptions) who subsequently liquidates them to pay your unsecured creditors, this really isn’t true for a consumer suggestion. The consumer proposition, under the Debts and Insolvency Act, is an offer to pay your lenders that are secured an established amount of money thereby avert insolvency and to extinguish your debts. This cash is paid interest free over a span of up to FIVE years. Continue reading