A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses.Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalised a system known as fractional reserve banking, in which banks hold only a small reserve of the funds deposited and lend out the rest for profit[citation needed].
Posts about Bank
    • Can a Debt Collector Seize My Car?

      By: Robert J. Nahoum THE PROBLEM: You’ve been sued for an old debt and the debt collector has been awarded a judgment. You don’t have the money to pay off the judgment and the only thing of value you own is your car. You’re reasonably concerned that your only asset of any value is in jeopardy and are asking can a debt collector seize my car to satisfy a debt collection judg ...

      The Law Offices of Robert J Nahoum- 14 readers -
    • Military Divorce while Overseas

      Unlike purely domestic divorces, US military personnel who want to end a marriage must comply with both federal and state laws. For example, while a national, civil court may grant the divorce itself, only a federal court can determine the division of military pensions. Ending a marriage is further complicated when the enlisted spouse is stationed overseas.

      The Law Office of Jeremy Howe- 11 readers -
  • What Is the Truth in Lending Act in Auto Sales

    …, the dealer immediately sells the car loan to an actual bank to whom you will be making payments. Because the dealer was the one to initially offer the credit, the dealer is required to give the TILA disclosures. There are some unscrupulous auto dealers who, in violation of TILA, try to hide or disguise the finance charge. In this situation…

    The Law Offices of Robert J Nahoum- 13 readers -
  • Can an Information Subpoena Violate the FDCPA?

    … sue for statutory damages up to $1,000.00, actual damages (like pain and suffering) and attorneys’ fees. If you need help settling or defending a debt collection law suit, stopping harassing debt collectors or suing a debt collector, contact us today to see what we can do for you. With office located in the Bronx, Brooklyn and Rockland County…

    The Law Offices of Robert J Nahoum- 18 readers -
  • The 90-Day Foreclosure Letter: Proving Service

    … under such circumstances. Contact a Long Island Foreclosure Attorney with Questions About Your 90-Day Notice Because New York law specifically makes it a prerequisite to foreclosure jurisdiction to serve proper notice upon the defaulting borrower, if you received a defective 90-day notice letter or the notice was defectively served, you may have…

    Ronald D. Weiss, PC- 18 readers -
  • Your Child’s Trust Fund and What They Should Know

    … child money, teaching them financial lessons such as the importance of saving and “earning their keep” is something every parent should prioritize. Start with a weekly allowance that is earned through household chores. Take your kid to the bank and have them start a savings account. Then, once they make their weekly allowance, encourage them to save…

    The Law Office of Jeremy Howe- 14 readers -
  • 5 Things You Need to Know About The Estate Planning Process

    … of which will require the owner of the plan to have a beneficiary name attached to the plan. Almost all of your assets are given to a beneficiary. For example; bank accounts, brokerage accounts, those are just a few of the most common. A Trust That is Revocable Another great way to avoid the probate process is to hold a revocable trust, also called…

    The Law Office of Jeremy Howe- 14 readers -
  • The Different Types of White-Collar Crime Laws in Texas

    …) Antitrust violations Credit card fraud Computer/internet fraud Bankruptcy fraud Embezzlement Tax evasion Public corruption Economic espionage/trade secret theft Environmental law violations Counterfeiting Financial institution fraud Insurance fraud Kickbacks Mail fraud Phone/telemarketer fraud Government fraud Intellectual property theft or piracy Money…

    The Law Office of Matthew D. Sharp- 9 readers -
  • Murder Laws in Texas: Types, Degrees, and Punishments

    …-discussed death of Trayvon Martin, prosecutors in Florida charged George Zimmerman, a neighborhood watch volunteer, with second-degree murder. Zimmerman was charged with a second-degree offense because prosecutors found no evidence that Martin’s murder was premeditated. To win the trial against Zimmerman, the prosecutor would’ve been required to show…

    The Law Office of Matthew D. Sharp- 12 readers -
  • Whistleblower Suit Against Quicken Loans Proceeds

    …. Quicken Loans and Commissions Why would Quicken put people in homes they can’t afford? Commissions. Quicken is not a bank. They make home loans but do not keep those loans. Immediately after the loan closes, Quicken sells those loans. Institutional investors won’t buy the loans, however, unless they are insured. Agencies like the FHA, Fannie Mae…

    Due Diligence- 19 readers -
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