• January 17, 2018 /  Finance & Invesment
    images4

    You are determined to become a filmmaker. You’ve already taken your first step: applying to film schools. In Canada and abroad, there are many choices. Your life feels ripe with possibility. But you have one fear that haunts you. You wonder if you will really have what it takes after graduation from film courses to make your dreams come true. You have plenty of ideas for movies, that’s for sure. But that doesn’t mean that you know how to finance one. Here are three book ideas to calm these kinds of fears, common amongst new applicants to film schools.

    1. 43 Ways to Finance Your Feature Film by John W. Cones

    In this book, entertainment lawyer John Cones shares his insider knowledge gleaned from almost two decades helping independent filmmakers navigate the multifaceted world of movie financing. Although the author is based in Los Angeles – where else? – the book includes a discussion of financing from countries other than the United States, and is, therefore, appropriate for new applicants to film schools in Canada and abroad.

    This book may turn up on the curriculum of your film courses, but there’s no harm in beginning your research early. Reading on your own increases the likelihood that when you do finally graduate that you will have a firm grounding in such topics as:

    industry financing (What is this? It is basically funding by your peers, i.e., other, more established graduates of film schools)
    investor financing
    lender financing

    2. The Fundraising Houseparty: How to Get Charitable Donations From Individuals in a Houseparty Setting by Morrie Warshawski

    Although this book could be of use to any kind of fundraiser, it is written with filmmakers in mind. The author explains how graduates of film schools can organize a compelling event, touching on such details as:

    planning committees
    invitations
    food and drink
    presentations
    thank yous

    Warshawski emphasizes the importance of graduates of film courses appealing to the emotions of their potential donors, something to which their craft, fortunately, is uniquely well suited. What is the role of film schools if not to teach students how to appeal to the emotions of their audience?

    3. Shaking the Money Tree, 3rd Edition: The Art of Getting Grants and Donations for Film and Video, also by Morrie Warshawski

    In this book, Warshawski tackles that topic of supreme interest to staff and students of film schools in Canada and abroad: how to write a winning grant application. This kind of knowledge can even help students in film schools finance their productions for film courses.

    If you are anxiously awaiting a wave of fateful letters from films schools in Canada and elsewhere in the world, calm your nerves by advancing your studies on your own. Who knows, it may help you finance one of your film school’s productions once you finally do get that longed for acceptance letter!

  • January 12, 2018 /  Finance & Invesment
    images20

    A hardship letter is the most important piece of document required to apply for loan modification. Its substance and validity will make or break an attempt for a loan workout. This is a letter basically contains an explanation why there is a difficulty of settling mortgage amortization. It is only fitting to compose this letter carefully.

    When writing a hardship letter, its important to remember to keep it short, concise but not arrogant. A one to two pages maximum letter is strongly advised. Take note that a lender does not have the luxury of time to read a novel-like hardship letter. This letter serves as outline of ones difficulty to pay for periodic amortization, so it should be direct.

    Like any letter, begin with a proper salutation, use font type and size reasonably easier to read. Letter size or 8.5 by 11 inches will be the papers size; otherwise an A4 sized paper can be used.

    Bear also in mind that there is a clear definition of the term “hardship” for availing loan modification. Such hardship should fall under listed by mortgage lenders. Such as bankruptcy of business, immediate relocation, or divorce from a spouse who is the co-borrower. There are still more to this, to be sure homeowners should check with their lender.

    In the actual writing, the first sentence should tell why such letter is written. This may include the explanation that after all possible ways were exhausted theres still failure to meet with mortgage payments. Much of this should be in the first paragraph of the letter.

    The second paragraph should describe the events that affected failure to make regular payments. This description should be done tastefully without being overly dramatic. Overly thought out explanation might appear deliberate and fake. Additional paragraph might be added to explain the intent for loan modification pursuant to financial difficulty.

    It is also wise to give approximate, if not exact, duration of the hardship period. This will be the basis for the mortgage lenders to get a head start with its response for loan modification. The last paragraph should emphasize the desire to settle the loan, but asking for leeway, for the time being.

    Then end the letter with parting words hoping for a loan modification, which will be favorable to both parties. It is also wise to mention about attachments to the hardship letter, which are proofs of financial difficulty claim.

  • January 12, 2018 /  Finance & Invesment
    images19

    Sweepstakes scams continue to rack up victims, despite warnings to the public. Often, senior citizens are the target of these types of scams. Thus, sweepstakes scams are a form of financial elder abuse. In a typical sweepstakes scam, a fraudster contacts an elderly victim and informs them that they have won lottery. The catch is that the elderly victim is then told that they must send in money in order to collect the sweepstakes prize. California financial elder abuse attorneys warn senior citizens not to fall victim to sweepstakes scams.

    Recently, the Federal Trade Commission announced that it is putting an end to one large sweepstakes scam based in Ventura County. The defendant in the case owned three companies that allegedly mailed out more than 3.7 million letters to people in more than 156 countries. In this case, instead of asking for large sums of money from senior citizen victims, they asked for smaller sums of money. California financial elder abuse attorneys warn the public not to fall for sweepstakes scams no matter how much money the fraudsters ask for.

    In this case, the senior citizen victims received personalized letters with official looking seals, stamps and bar codes. The seniors were told that they had won millions of dollars and could get the money by first sending in a small fee of $20-$30 within a limited period of time. According to the Federal Trade Commission, the scam has brought in more than $11 million dollars, mostly from senior citizens. California financial elder abuse attorneys say that senior citizens are often targeted for these kinds of mailings.

    One of the letters that was mailed out as a part of this scam states that the victim has been chosen from a pool of 250,637 names. There is fine print on the back of the letter that states that consumers will actually only receive lists of sweepstakes they can enter instead of a cash prize. According to the Federal Trade Commission, the fine print does not clear the company of wrong doing because the claims are misleading and victims do not get what they are promised. Frequently, people do not see the fine print and send in the $20-$30 fee.

    Sweepstakes scams such as this are widespread and one of the top five scams targeting consumers, according to the Federal Trade Commission. The fact that sweepstakes scams successfully target senior citizens makes them another form of financial elder abuse.

    Evans Law Firm, Inc. handles elder abuse cases in California. If you think that you have witnessed or are the victim of elder abuse then, contact Evans Law Firm, Inc. at 41

  • January 3, 2018 /  Finance & Invesment
    images5

    News has become a part and parcel of modern lifestyle. No matter whether you are watching television news or reading a newspaper or reading news stories at a news portal, the objective is the same getting updated with what is happening around you in all aspects. Businessmen, investors, and corporate people give more importance on business news rather than other news. And for investors and businessmen in the Indian market, business news on India caters to their thirst for information every now and then. Most people rely on a market news portal that carries detailed information related to business news on India. The greatest advantage of reading news at such a platform is that you can read a relevant news article several times and browse through the numerous pages at ease to your hearts content and to your convenience.

    The influence of business is such that even those who are not involved in any stock market investment or business do read business news on India. In the future if they happen to start investing, they will set sail easily no matter what the tide is. To assess the direction of a trend, especially for short term and long term trading, collect statistical data records of market fluctuations over a certain period of time.

    You can also view the up-to-the-minute currency exchange rates at a market news platform. Almost all financial sites do run online calculators to help you calculate the currency values and thus find the currency exchange rates of the desired countries. For international traders and forex traders, getting updated with the latest currency exchange rates is a must. Once you are updated with market news, will no doubt stay away from confusion in case of taking an investment decision.

    The activities in the money market change according to what the investors do with stocks and commodities. There are varied investment options in the market today. If you read market news regularly you will know about the latest investment products as well as existing ones that are lucrative. This way you can diversify your investment plans and facilitate yourself and your family with a secured present and future.

  • December 24, 2017 /  Finance & Invesment
    images4

    There are several reason for taking loan such as losing the job, a fall in income, any medical emergency or any other crisis. However, with increasing needs people are falling prey to the vicious of loans. Therefore, people facing foreclosure or are struggling to make their mortgage loan payments can easily prefer loan modification. If is not easy to make an attempt for loan modification but if you are consulting an experienced attorney then they can easily help you with the negotiations.

    Loan modification attorneys have started to specialize in this area, therefore nowadays you can easily find an attorney for your process, but it is highly advisable to prefer the most reliable one. Therefore, if you are searching for the best then you can easily take the help of the internet.

    They are the leading service providers that offer high standard attorney service to people suffering from loan issues. Before modifying any mortgage, their professionals will help you to to investigate the HARP 2.0 programs before making any decision. Their professionals will complete the modification, and will allow you to have insurmountable amount of past due payments. They excel in providing several benefits which include Unlimited Loan-to-Value Restrictions, Lower Banking Fees & Rates, Owner, Investment, Second Homes OK, 30, 20 & 15 Terms Available, Less “Red Tape” and More Lender Participation.

    The home affordable refinance program harprequire a quick eligibility which includes that your home loan is owned or guaranteed by Fannie Mae or Freddie Mac, loan should be sold to Fannie Mae or Freddie Mac before May 31, 2009, you are currently on your mortgage payments, you owe more than your home is worth, or is there minimal equity in your home, you have made all of your mortgage payments on time in the last 6 months and you have had NO sixty (60) day late payments in the past 12 months.

    Their loan modification specialistwill make it easier for lenders to refinance HARP-eligible mortgages which otherwise would be difficult. Their services will help you to stand in a better position by experiencing a reduction in monthly principal and interest payments. Their efforts will move you from a more risky loan structure to a more stable product. Their home improvement loans

    The main aim of the loan modification is to provide access to low-cost refinancing for responsible homeowners suffering from falling home prices. Their solution provide mortgage insurance flexibilities and offer mortgage refinances with no limits on LTV.

    For more information regarding their services and facilities you can directly log on to their website. Customers are given special attention and the queries are dealt with special care, so feel free to contact them.

  • December 15, 2017 /  Finance & Invesment
    images3

    Equipment leasing is a simple solution to grow your business with an ever changing economy. You can lease any and every type of equipment. In this article, emphasis will be on heavy construction equipment leasing.

    To keep money free up in terms of the company’s line of credit, leasing is cheapest and best option for construction companies. So cash will be available in case of financial emergency or any other time of need. It is the most beneficial managerial and financial strategy to conserve working capital for any company. It resolves issues related to cyclical and seasonal fluctuations by slotting your payments into the months when your business’ sales are on peak. Furthermore, a lot of companies in construction opt for leasing as a good alternative in acquiring equipment to buying. There are advantages of heavy construction equipment leasing, which are:-

    1.Your have a stable cash flow.
    2.Assets are well managed.
    3.Up gradation of Equipments can be done easily.
    4.Customized payment structures.
    5.Give more flexibility than bank loans or purchases.
    6.Flexible end term options.

    To get a better deal, you should know about the construction equipment finance. Search well for the financing options available in the market. You stand to gain many benefits: tax deductions, write-offs, more predictable cash flow for more accurate fiscal planning, and faster approval than other financing options. Few types of equipment that come under heavy construction equipment leasing are

    1.Bulldozers
    2.Cranes
    3.Back Hoes
    4.Cement Trucks
    5.Concrete Equipment.
    6.Excavators
    7.Trucks and Trailers
    8.Crawlers
    9.Crushers Graders
    10.Logging Equipment
    11.Wheel Loaders
    12.Specialty Vehicles
    And more…

    Financing amounts can normally be approved without tax returns or financial statements. It normally takes s a day to get your application approved. There are basically two types of financing available:-

    Finance leases -: These leases are best if you intend to keep the equipment at the end of the lease. This is because they include the option to purchase the equipment at the end of the lease. These leases are also known by type names of capital leases, conditional sales, or dollar buy out leases in the market.

    True leases-: These are also called tax leases, operating leases, or FMV (fair market value) leases. Theses usually do not span the full expected life of the equipment. At the end of the lease, you can choose to walk away from the equipment or purchase it at fair market value. Payments on true leases generally tend to be lower than those on finance leases. This is because lessors have the opportunity to resell the heavy equipment when the lease ends.

  • December 14, 2017 /  Finance & Invesment
    images12

    If you need a GMAC loan modification, you might want to check out a website and see if you qualify. They have a loan modification calculator that will tell you if you qualify and what your new payment would be once approved.

    This calculator is based off Obama’s HAM program. It caps your monthly mortgage payment at 31% of your net monthly income. This is accomplished by lowering your interest rate to as low as 2%, extending the terms of your loan and reducing your principal balance. It goes in this order, so usually the payment cap is met before a reduction of principal is necessary.

    This is an amazing program for those who qualify. The problem is, less than 300,000 homeowners have received a loan modification under these guidelines out of the millions and millions of homeowners who are in desperate need of one.

    Some homeowners call the lenders themselves and some of them even received notices in the mail from their lender saying they were qualified. Once they get on the phone, they soon realize they are denied and are left scratching their heads!

    The main reason for this is usually the financial ratios homeowners are giving their lender. You can’t just call your lender without working out your financials first! They will ask you a series of questions and if you do not anwer them correctly, you will be denied for sure. You cannot make too much money or too little either. Your income to expenses have to be just right to get approved for this plan.

    Don’t worry, there is help available. Try out the calculator and see if you qualify and what your payment will be. If you want help to get that payment, just fill out the form for a free consultation if you’d like. They will be able to give you a free consultation and tell you how they can help you get approved. There are no upfront fees.

    To see if you qualify for a GMAC loan modification, just visit the following links.

  • December 13, 2017 /  Finance & Invesment
    images7

    Hello, this is Lynette, a Relationship Manager from Premium Finance. I had the most delightful clients in the other day who wanted to go into an investment with their son and daughter -in-law, the motivation being that the son wanted to create wealth and retire early, not like Mum & Dad who were still working in their late fifties.They offered their home as security which was a lovely and generous offer however they didn’t understand the ramifications of doing this. The wanted to borrow the money from the bank in all their names and have a 25% share each in the investment.
    The first issue I found was that Mum & Dad had very little superannuation and actually needed much more assistance then the young couple. If the four clients had of went ahead with their plans without seeking advise they would have held each other back in their attempt to create wealth. A bank will take the stand that even though the debt is in 4 names, they take it that each individual actually is responsible for 100% of the repayments on that debt. It is like the other 3 parties don’t exist. This would have resulted in all parties being liable for the debt and as a result each individual would have struggled on their income to obtain any more borrowings from the bank for future investment. This meant that they would have had only the one investment which would not have created the wealth they were seeking. The solution to the problem was that Mum & Dad did assist their son into an investment but in his and his wife’s name only. Mum & Dad also went into their own investment and are on target to do another investment in 6 months thus increasing their asset position and provide an income in retirement. Getting the right loan structure can be vitally important sometimes especially in this case and getting professional advise is a very wise move. Remember the Bank is not your friend and doesn’t have your best interests in mind – WE DO THOUGH !

  • December 5, 2017 /  Finance & Invesment
    images

    I frequently hear clients say they were told to not pay their mortgage for 3 months so they can apply for a mortgage modification. Then, after submitting all of the paperwork, the modification is denied. Or, they’re just put into a trial period, the whole while believing that their mortgage is modified. Then they really are surprised to be served by the Sheriff with foreclosure documents. They really are rightfully scared, confused and hopeless. They wouldn’t have asked to get a modification if they could afford their mortgage in the first place and now the bank is telling them to pay a minimum of those three months that was not paid so they can apply for a modification or be faced with the prospect of losing their home.

    Sometimes, rather then endlessly arguing with the bank, homeowners benefit from meeting with a lawyer knowledgeable about the mortgage modification process or an experienced bankrutpcy lawyer. Many people asked for help with a mortgage modification from their bank hoping to avoid filing for bankruptcy. Some people think that when they file for bankruptcy, they will be forced to sell or lose their home. This is usually not the case. Filing for bankruptcy can sometimes be the only real choice to save your home. In order to learn if bankruptcy may help you, you may want to consult with a local bankruptcy lawyer. If you’re considering filing for bankruptcy in order to protect your home, please don’t wait until the sale date is scheduled. The bank might have dragged their feet with respect to your modification, but time is essential and the earlier you speak with a bankruptcy lawyer, the more options could possibly be available to save your home.

    A chapter 13 bankruptcy is the primary chapter of bankruptcy used to stop a mortgage foreclosure. There are very few requirements to qualify to file for a chapter 13 bankruptcy. A chapter 13 bankruptcy will allow you to pay off your past due mortgage amounts over a time period as opposed to right away, like the bank wants.

    Only a licensed attorney can provide a homeowner legal advise regarding their situation. There are many ways to locate a qualified lawyer. For example The National Association of Consumer Bankruptcy Attorneys is often a helpful resource in helping distressed homeowners find a qualified lawyer who’s experienced in both mortgage modification issues and the advantages of filing for bankrutpcy protection as it relates to stopping foreclosure proceedings.

    Jane L. Weatherly, Attorney at Law, PLLC is a bankruptcy law firm located in Raleigh, Wake County, North Carolina, The firm is a debt relief agency and assists consumers file for protection under the United States Bankruptcy Code. For more information, please call (919)758-9296 or visit .

  • December 1, 2017 /  Finance & Invesment
    images18

    Facing possible foreclosure is indeed a highly stressful situation for any homeowner; this is your home, your security, your future! Deciding to go it alone or have a mortgage modification company assist you can be very confusing and only adds to your stress! Which is best for you? Are there mortgage modification companies out there that are legitimate?

    Let’s first look at going through the process on your own. Depending upon your lender there are many requirements that must be met to qualify for a mortgage modification. There are a lot of forms and crucial information that must be presented correctly and accurately if you hope to qualify. You can do the research required; you can contact your lender yourself as millions have and had very successful outcomes! The key here is to do your homework! Make sure you know exactly what your lender requires! Leaving out even one form or one piece of vital information could be the determining factor in qualifying and getting approved! If you are comfortable doing the research and filling out the forms and in dealing directly with your lender than you can certainly do this on your own!

    If you don’t feel quite as confident and want help, it is available! There are legitimate mortgage modification companies that will walk you through the process and deal with your lender so you don’t have to. You do need to do some homework before choosing someone to assist you! There are some scams out there to be wary of! Mortgage modification companies will charge a fee that can be thousands of dollars. For many homeowners it is worth paying that fee for the security of knowing the company is dealing with the lender to get you the best possible modification loan. The choice is truly up to you! Make sure to investigate the mortgage modification companies prior to choosing one to work on your behalf.

    You can also hire an attorney to help you with the loan modification process. Usually an attorney will charge more than the mortgage modification companies will because an attorney is on retainer. Keep in mind that you do not need an attorney for this process, again that is up to you!