Pro Builder

OCTOBER 12, 2022

Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. This tells lenders a bigger picture of your payment habits or whether you’re missing out on repaying debts. . What Is a Business Credit Score? Lessons Learned From Previous Housing Market Disruptions.

Debt 52

Debt Finance Risk Bankruptcy 52

Levelset

JULY 5, 2022

In contrast, a mortgage is a voluntary lien , because you sign papers giving the bank a lien on your property until you pay off the balance and interest. Credit bureaus can collect public information from state and county courts, including bankruptcies. Overdue debt that has been sent to collections also influences your score.

Lien 96

Lien Legal Bankruptcy Claims 96

Buisness Facilities Contributed Content

MAY 21, 2014

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. We are committed to helping make that future a reality,” the bank said, in an internal document acquired by The Detroit Free Press and posted online.

Detroit 49

Detroit Bankruptcy Michigan Banking 49

Contractor Bookkeeping

MARCH 7, 2013

He was not aware of the extent of the problem because the bookkeeper hid the bounced check notices and intercepted the phone calls from the bank, the angry merchants and suppliers by applying for new credit cards in the contractors name to finance the house of cards. At that point he knew something was very, very wrong.

Cash Flow 49

Cash Flow Contractors Banking Accounting 49

Contractor Bookkeeping

FEBRUARY 5, 2014

Their primary function is preparing the annual tax return, performing audits and preparing Certified Financial Statements for bank loans and when a construction contractor requires them before issuing a construction bond. Bank Balance - Un-cleared Checks) = Cash. Certified Public Accountants (C.P.A.) Most C.P.A. Cash On Hand.

Accounting 48

Accounting Construction Profitability Contractors 48

Construction Lawyer

SEPTEMBER 22, 2005

The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. . | New York allows contractual indemnification » September 22, 2005. Waivers of liens: fraud.

Lien 40

Lien Illinois AIA Chicago 40

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Many small businesses that are not able to receive traditional bank financing can get support through CEF. 97% increase in personal property tax exemption.

Income 108

Income Finance Zoning Employment 108