FINANCE LAW

As per a recent report by the Federal Reserve, the total revolving debt in America stands at $796.5 billion. Therefore, it is no wonder that a lot of American households are drowning in debt and seeking debt relief. Many people are not in a position to opt for debt consolidation because of blemished credit. Therefore, […]

New York Appellate Division Reports LYNFORD v. WILLIAMS, 2005-09355 [2d Dept 11-28-2006] 2006 NY Slip Op 08945 Lynford v. Williams. 2005-09355, 2005-11466, 2006-01091. Appellate Division of the Supreme Court of New York, Second Department. Decided on November 28, 2006. Cuddy & Feder, LLP, White Plains, N.Y. (Joshua E. Kimerling of counsel), for appellant. Bryan Cave, […]

Federal District Court Opinions AMERICAN NATIONAL FIRE INSURANCE CO. v. MIRASCO, INC., (S.D.N.Y. 2003) 249 F. Supp.2d 303 AMERICAN NATIONAL FIRE INSURANCE CO. and GREAT AMERICAN INSURANCE CO., Plaintiffs, v. MIRASCO, INC., Defendant. MIRASCO, INC., Plaintiff, v. AMERICAN NATIONAL FIRE INSURANCE COMPANY, Defendant. 99 Civ. 12405 (RWS), 00 Civ. 5098 (RWS) United States District Court, […]

A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more competitive, the role of the mortgage broker has become more popular. Today in most developed mortgage markets (especially in […]

West Virginia Supreme Court Reports TAX COM. OF STATE OF W.V. v. MBNA AMERICA BANK, 33049 (W.V. 11-21-2006) TAX COMMISSIONER OF THE STATE OF WEST VIRGINIA, Petitioner Below, Appellee, v. MBNA AMERICA BANK, N.A., Respondent Below, Appellant. No. 33049 Supreme Court of Appeals of West Virginia, September 2006 Term. Submitted: September 19, 2006 Filed: November […]

When people save their money, they often put the majority of their savings into bank savings deposits. These accounts currently earn well less than 1% interest annually, a small amount that does not keep up with inflation. To earn a greater return, many people allot some of their savings toward investments. There are a number […]