Chapter 12 – provides for adjustment of debts of a “family farmer”, or a “family fisherman”.…
The Highland Instrument Company has revenues of about $300 million per year. Its management is interested in expanding into a new type of product manufactured primarily by Lowland Gauge Inc., a firm with sales of about $200 million annually. Both firms are publicly held with a broad base of stockholders. That is, no single interest holds a large percentage of the shares of either firm. Describe the types of business combination that might be available for the two firms. Include ideas like merger, consolidation, acquisition, and friendly and hostile takeovers. How would Highland's management get started? Do the relative sizes of the two firms have any implications for the kinds of combination that are possible or likely?…
1. Name at least one of the steps in establishing credit. (0.5 points) Opening a bank account…
1. Are there moral concerns associated with subprime lending? Are those moral concerns based on utilitarianism, rights, or justice considerations?…
If the loan was modified, view the modification documents in LPS Imaging. If RCS modified a loan, the documents should be under Default\Loss Mitigation\Loan Modification folder. If the prior servicer executed a modification, the documents should be under either Acquisition\Default or Origination\Modification Agreement folders. If the modification is not located in those two areas, it is possible that the documents are imaged; however under the wrong area. Review any other document folders to locate the Modification Agreement. If the Loan Modification cannot be located, open CIT 349 for the Collateral Department to locate the original Loan Modification document from the collateral file held at the custodian. Include instructions…
This morning I received my pop up from timehop showing me the posts for this day over the years. Three years ago today I was going to watching Kurt referee his very first high school basketball game. I was so excited and so proud of him. I had no clue three years ago how much reffing would become a part of our life.…
Initially, I would check to make sure that current accounts (those not in collections) have been paid. This would include cell phone bill, rent, car payment/insurance, utilities, health insurance, etc. After making sure that current accounts were updated, I would then focus on older accounts.…
Before my student loans become mature I will gather, record and transfer essential business information from those agreements to online documents and I will also scan all of my financial documents, addresses and telephone numbers into electronic business folders. In addition to this, I will also retain copies of my student loan prepayment coupons in electronic business files and all of my financial institution documents in my google drive account. These business facts assists me with retaining my financial information in convenient locations and it assists me with quickly accessing, managing and reviewing agreements. Retaining my financial information in online business documents, folders, files and cloud storage services will also assist me…
The Recession of 2008 left multiple wounds in my family, especially after my father was fired from his job which he held for five years for being an immigrant. The “Great Recession” was not only a hideous word but a malicious truth in my household; it left us in a ditch hole. Getting deeper each day, the hole was in the way of my family’s future. There were nights when we were lucky to have enough beans and tortillas to fill our bellies; other nights, my stomach would gnaw with pain and hunger as I had given it to my younger siblings. My father was out on the streets, willing to take any work that was given to him, and my mother would pawn the values we held in much happier times. Its impact was that one of a tiny bullet skewering the heart…
Recently our country has experienced some extremely rough economic recessions which has caused countless Americans to change their everyday lives and their spending habits. This recession has affected mass amounts of people in a gigantic way, with my family being one of several. However, being in my first year of college and my family reorganizing our expenditures, it puts into perspective exactly what “pinching your penny” means. Especially with your first year of college proved to be the most expensive when it comes to tuition, meal plan, campus housing, and all of the other expenses that aren’t accounted for.…
The next few years we were on yearly payment plans. For me it was very stressful and I even felt depressed because although we were on a payment plan it did not feel like we were getting ahead because while we were paying the delinquent taxes the current year would be added on. Although we had our hands full we stayed prayerful. We were introduced to the step forward program and was informed to talk to a housing counselor. Things began to turn around for my family we went and took our application to the counselor and was turned down because she stated we were not in a hardship so we had to figure out another plan. That took a toll on us but I come from a very religious family and I was reminded that the God I serve will never leave us or forsake us and he will not put no more on us then we can bare. In 2009 the delinquent taxes on our home was fifteen thousand dollars with and additional ten percent interest rate, but as of today we are down to three thousand dollars and the worry of losing our home is almost…
You are a CFO for a company that manufactures custom designed factory automation equipment. Each machine that you make is a contract for which the company had to compete in a bidding procedure. As a result, the gross margin for each contract varies; some have gross margins that are extremely high while others just barely cover manufacturing expenses.…
who has moved back home because of financial problems they faced while living on their own…
Owning a house is exceptionally normal in this day and age, yet because of the late lodging emergency numerous individuals are disappointed with their homes. The lodging air pocket guaranteed that lodging costs dove, making it shabby to purchase houses yet hard to offer them. Obviously, shabby is a relative term in the lodging market, and even in the present condition of the business sector (which is to some degree on the bounce back), it can be exceptionally hard to get the essential credits or home loans expected to get the fantasy house one has constantly needed. What can a man do on the off chance that they are stuck in a house that is too little or excessively shabby for their present needs, however they can't stand…
THE LOAN DELINQUENCY OF ABUCAY MULTI –PURPOSE COOPERATIVE MEMBERS: ITS CAUSES AND IMPLICATIONS ON THE COOPERATIVE’S OPERATION…
