National Banks Are Making Riskier Loans: 3 Precautions Business Owners Can Take Against Rogue Lenders
On June 25, 2014, the US Treasury Department, through the Office of the Comptroller of the Currency (“OCC”), issued a press release saying that banks nationwide are making riskier loans to compete with other banks. The OCC is charged with regulating and supervising...
When the Bank Demands Payment in Full: 3 Options for Borrowers with Matured Business Loans
There are three realistic options that a business owner should consider when their bank demands payment of the loan in full. Pay Off the Loan In a restrictive banking climate, refinancing sounds much easier than it really is. Banks infrequently rewrite their own...
When Any Movement Counts: 5 Ways to Kick-Start the Process of Resolving a Legal or Financial Challenge
Tackling a legal or financial problem can wear on one’s psyche. Proven Resource managing attorney explains how to address the issues that commonly weigh people down. “Every worthwhile accomplishment, big or little, has its stages of drudgery and triumph: a...
Get Real. Providing Fake W-2’s for a Loan is Called Loan Fraud!
Providing Fake W-2’s for a Loan is Fraud “The Real Housewives of New Jersey” star Teresa Giudice tearfully wondered why she and her husband were facing legal prosecution on Andy Cohen’s “Watch What Happens: Live”. She and her husband, Giuseppe “Joe” Giudice,...