Category: Financial Services

Facing Bankruptcy? You Need To Know Your Options

By | February 10, 2019


For most people, the thought of filing for bankruptcy sounds intimidating and embarrassing. Nobody wants to file for bankruptcy, but poor decisions or unexpected events can make it necessary. A given person should attempt to avoid bankruptcy proceedings. However, they shouldn’t hesitate to find professional assistance once the process begins. Far too many people misunderstand bankruptcy, how it works, and how the process will affect themselves upon completion. A bankruptcy lawyer in Norman, OK can do wonders to save you money and headache.

Wiping Out (Some) Debts or Making Debt More Manageable

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In layman’s terms, a bankruptcy will either wipe out an individual’s debts, or it will help them negotiate these debts. A Chapter 7 bankruptcy essentially wipes out certain debts from a person’s name. Chapter 13 bankruptcies work more like debt consolidation, resulting in a monthly payment for filers to pay. Unfortunately, bankruptcy doesn’t impact all types of debt, so filers won’t end up with a fresh slate, and they’re guaranteed to face certain penalties like loss of certain assets or a damaged credit report.

Is It Best to Avoid Bankruptcy Whenever Possible? Yes!

A successful bankruptcy is never guaranteed, as filers must meet certain requirements. Without a doubt, the best option for consumers is to avoid filing in the first place. It’s always better to negotiate with debtors before bankruptcy proceedings. An individual should do everything in their power to take care of their financial situation without a bankruptcy hearing. For some individuals, bankruptcy will become the sole option left, and then this option should be pursued.

A Norman, OK Bankruptcy Lawyer Can Help

Nobody should proceed through the bankruptcy process without assistance. Those in need can hire a bankruptcy lawyer in Norman, OK for assistance. Luckily, an attorney can help an individual avoid declaring for bankruptcy with the right steps. If that option is unavoidable, then that same Norman, OK bankruptcy lawyer will guide their client through the process. Bankruptcies are always challenging, but the right legal guidance makes this process a little less intimidating and difficult.

Lawter Law Firm is a legal practice located in Norman, Oklahoma. The firm provides assistance related to bankruptcy law, either helping clients avoid bankruptcy or guiding them through the process.

Investment Property Home Loans}

By | November 4, 2018

Investment Property Home Loans


Singh Finance

If you are committed to growing your wealth, investing in property is one of the options available to you. Whether you are a new investor, seasoned investor or a high net worth investor, investing in real estate property should help you achieve your financial goals.

What is the Right Loan Type for your Property Investment?

When it comes to financing your investment property, there are many things to consider, one very important consideration is that you will need to consider what is the right home loan type for your property investment? As there are several different options that you can use. Choosing the right home loan type will depend on your investment structure and strategy, but there is no need to spend days or even weeks researching the options.

Here is a list of the most popular home loan types used by property investors in Australia today:

Variable Interest Rate Home Loans

With a property investment home loan, interest is generally tax deductible, so even though your home loan may be subject to interest rate rises, choosing a Variable Interest Rate Home Loan may be a good option, as the loan will give you flexibility and the ability to maximise your investment propertys profitability. For example, Variable Interest Rate Home Loans frequently come with features such as:

You are able to make unlimited extra repayment each month so you can pay off your loan faster;

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You can take advantage of inclusions (e.g. redraw facilities and a 100% offset account);

You can grow the equity (the value of your property, less what you owe) you have in your investment property more quickly, which you could redraw at a later to do renovations and improve the value of your investment property, or even to use as a deposit in another investment property.

Fixed Interest Rate Home Loans

If you are investing on a tight budget, then a Fixed Interest Rate Home Loan may be a better option for you. You will know in advance exactly what your outgoing finance costs will be and these costs will remain the same throughout the fixed interest period of you Investment Home Loan. This may particularly useful for you if you are negative gearing your investment property. It is important to remember:

Whilst the interest on your home loan may be tax deductible, the rental income may not initially cover all your costs; and

Fixing your finance costs (repayments) will ensure you can budget effectively to meet your ongoing financial obligations.

Split Fixed/Variable Interest Rate Home Loans

Using a combination of a Split Fixed and Variable Interest Rate Home Loan could give you the best of both worlds. You can limit any increases in your outgoing expenses whilst still retaining the ability to make extra repayment and redraw them when needed. This could be a big help to you when you are saving for ongoing costs such as renovations and maintenance.

Interest-Only Home Loans

This type of home loan option could be a good idea if you are investing on a tight budget and you require the rental income from the investment property to cover all your finance costs. Interestingly, many property investors in Australia favour Interest-Only Home Loans as this type of home loan will allow you to minimise your mortgage repayments and outgoing costs in the short term. This type of home loan:

Will require you to pay just the interest on the home loan which is usually tax deductible; and

Can cost significantly less in repayments compared to repayments on a principal and interest rate home loan.

Reminder – it is important to remember that with an Interest-Only Home Loan:

Your repayments will not pay down the principal of the home loan and increase the equity in your investment property. Instead, you will be relying on rental income and the value of your investment property increasing over time to make a profit.

If the value of your investment property goes down, or it does not increase very much during the period of time you own the property, you could find yourself making a loss on your investment property.

Why you should arrange for a Pre-Approval

You should discuss the possibilities of your finance or mortgage broker arranging for a pre-approval as this will give you the peace of mind knowing that your finance has been assessed and to give you the assurance that your investment structure and strategy is set up correctly.

Seek Expert and Professional advice is a reputed Australian finance brokerage firm that employs a team of expert and professionally qualified finance brokers. Their team of expert finance brokers will help you find the right investment property home loan to meet your personal financial circumstances and investment goals. No matter what kind of investment strategy you are planning on using, Singh Finance can help you to structure your investment property home loan and choose the right home loan products to maximise your opportunities. They will obtain a pre-approved investment property home loan for you and they will even check if you need trust structures or insurance to be arranged. Call on 0424 190 908 today or visit their website and simply click on the “ENQUIRE ONLINE” form.

Disclaimer: This article is of a general nature only and does not constitute professional advice. I strongly recommend that you seek your own professional legal and accounting advice in relation to your particular circumstances.

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Investment Property Loans Australia


Residential Finance

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Crm: Helping Power Sm Es}

By | June 25, 2017

CRM: Helping Power SMEs


Abigail Reilly

Freedom enables one to do or say something without having to be accountable to social norms and restraints. Through small business CRM software, small companies are now up to par with larger companies. They are able to take care of their customer needs more so than before.

This software is made up of account, contact management, client management, and relationship management. It also has many capabilities, including managing email, email logging, customer contact tracking, outlook, Google mail, and calendaring.

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Considering the intense competition in the market today, it is of great significance to maintain an efficient service to keep your customers flocking. With the aid of this software, your employees will find it easier to manage sales by customer tracking, territory forecasting and advanced reporting.

Capturing management of customer and prospect information is very important. The small business crm software will help improve the way a company delivers products and services to their customers. This software is valuable and is used by thousands of businesses all over the world.

Marketing your product or service can be very difficult. This software will put marketing management, event management, letter templates, email, and mail merge automation at the tips of your companys fingers. Additional advantages of this software include controlling your customer service, support, and help desk departments including integrated project management, mobile synchronization, customer database, and remote user support through a web browser. There are many challenges to customer relationship management and sustaining that relationship consistently and securely. A company will have the advantage of choosing a web crm or hosted crm. This means small companies can have the software hosted or can have an online crm system including integrating desktop software and mobile devices, which will be a great solution for small companies. This system can also remain offline and on a desktop only.

Ease of use always brings efficiency especially when there is no continuous search for data or scrolling involved in finding and capturing customer information. This software allows for use of the telephone, email, fax, or web to store a customer database so that it is quickly available to customer relations management, sales teams, and marketing departments within your company. The data is centralized and will be accessible to all. This will become an important tool to manage your customer data and control customer satisfaction.

And a satisfied customer remains your customer.


small business crm software

, small business are now able to have the same competitive edge as larger companies. This software gives them the capability to efficinetly respond to their customers’ needs.

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CRM: Helping Power SMEs }