Money

Is Bankruptcy The Right Choice?

During the current economic recession, many have lost their jobs, seen their credit lines cut or experienced other serious financial misfortunes. When the bills pile up and times become desperate, many people begin to question whether declaring bankruptcy is a viable option for them.

Most Americans Don’t Believe CEOs, Survey Shows

UTICA, N.Y.—Most Americans, 75 percent, don’t believe CEO and CFO’s statements about the outlook of the financial position of their companies are credible because they are reluctant to detail the real problems facing their companies in the current economic environment, according to a Zogby 463 Interactive survey.

Read Contracts Carefully Before Signing

When people hear the word “contract,” some start daydreaming about signing a multimillion dollar deal with the NFL while others recall how their knees shook the day they signed that first car loan. If you think about it, though, many of our day-to-day decisions involve contracts.

Is Now A Good Time To Refinance?

Interest rates often fall during tough economic times. That’s good news for homeowners who would like to shave a few dollars off their monthly mortgage payments. That’s because when interest rates fall, it’s time to consider refinancing your mortgage loan.