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(US law and generally) Credit cards can be very useful if used correctly. However, if they are not, they can get you into a world of trouble. On average, an US household holds about $16,000 in credit card debt. Due to the economy, more and more debt collectors have been
So a German person or company owes you money. And you find that German courts have jurisdiction. Well, that may seem unfortunate but it is no reason at all to abandon your claim. In fact, to sue for and collect a debt in Germany is easier and cheaper than you
The multinational IT technology manufacturer Hewlett-Packard seems to be under the spotlight due to irregularities in its balance sheets. The company, whose profits have decreased continually, accused Autonomy, an enterprise software company that HP acquired in 2011, of inflating its balance statements. HP claim this has forced them to write
Construction projects can take long periods of time and an excess amount of money to complete, but property owners are often willing to risk this in order to get their property to the level that they want. General contractors usually provide these services under contract with the property owner. Unfortunately,
Rampant Securities Fraud – Why it Exists; How to Stop It… Life is about playing by rules. Sometimes we make a pact to voluntarily follow a set of rules – like when we play golf or tennis or darts or ping pong. Other times we are requited to obey a
Business contracts provide a form of private law by which various parties must abide. These contracts represent an understanding between two parties on the duties and responsibilities that they are to carry out. In a perfect world, business entities would respect contracts and fulfill their obligations. In the real business
Instructing a lawyer is expensive. Losing a legal case is even more expensive. Not only do you have to pay your own solicitor, but normally you have to pay your opponents costs. In addition, interest is payable on those costs at a base rate of 8%. The law has been
A key component of blogging, guest blogging is, as the term suggests, where a blogger writes as a guest on another blogger’s blog. While this may be obvious, it may not be apparent to some why guest blogging can be useful. Here are 5 reasons why you may wish to
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