What Are Penny Shares?

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Penny shares are low-priced shares – usually with a value of less than $5 – of small companies. These shares are traded on the Over-The-Counter-Bulletin-Board (OTCBB) and the Pink Sheets. Both these trading venues do not have the same kind of minimum requirements of exchanges such as Nasdaq or [...]

Any good personal finance/budgeting software out there these days?

Cente asked: Ten years ago I loved microsoft money. Now I need something to help me budget my money and check to see whether I’m right-on for my goals. What is the best personal finance software these days?
Quicken is worthless

What are the different stages of foreclosure, and what do they mean?

juicyfruit asked: I’m interested in buying a home in foreclosure, but I don’t know what the different stages are or what they mean. I’ve seen notice of default, real estate owned, notice of foreclosure sale, and pre-foreclosure. Can someone please tell me the stages (from beginning to end) and what that means to [...]

How long does it take to collect insurance from a bankrupt company?

TwiggyRamirez asked: I was an employee for a company that went bankrupt a year ago. A few moths ago I was given the right to sue by the EEOC. Is there a chance that any insurance money is still left if I get relief from stay?

Applying for a personal loan will it affect us in buying a home?

YSM asked: We payed down our credit cards and we need a personal loan to pay off a college degree and do some fixer upper in the house we have now. We want to buy another home will this affect us in getting a loan with the bank for our new home? Our [...]

Real Estate Investing Tips & Techniques

A number of things likely come to mind when you think of real estate investing. You likely leap to real estate investing as real estate portfolios and real estate retirement plans, and then you may expand to thinking of short sales, bulk reo investing or virtual real estate investing. You probably also wonder how these [...]

How do you obtain a personal loan from a bank?

juicy asked: I need a personal loan to pay off my bills and basically just get caught up financially, and is considering going to a bank and asking for a personal loan for the first time. Other than student loans, car loans, and check-n-go stores, I’ve never went into a bank to ask for [...]

What do you do when a stock investment goes bankrupt?

kaitlyn c asked: I bought some shares or GM awhile back and stop paying attention to the market when I started school.

As of now GM has gone bankrupt and they keep sending me a letter but in all honesty I am not sure what i am suppose to do.

It says all transferred and [...]

How does a home foreclosure process work?

Icecream asked: If someone with an A paper loan goes into foreclosure because their home is worth less than half the value of the mortgage therefore bank does not approve short sale, and they lost their job, how does the process work? This would be for CA. And how long does it stay on the [...]

How can you remove a foreclosure from your credit?

Jos asked: Can a foreclosure be removed from your credit after a year? How long does this stay on your credit report?