Personal Discharged

A bankruptcy can have your debts discharged. When your debt is discharged, your creditors will be prohibited from collecting on debts you previously incurred. The most common kind of debt discharge in bankruptcy is credit card debt. But, it is important to know that you will still be responsible for some debts despite your bankruptcy filing. These debts include current tax liabilities, child support obligations, and spousal support payments. However, if you have these kinds of debts, you can file a Chapter 13 bankruptcy to restructure them. Moreover, it would be a good idea to consult professionals similar to bankruptcy lawyers in Harrisburg to have an understanding of the situation and get solutions.

Automatic Stay

After you file for bankruptcy, an automatic stay will be issued by a court. This protects you from getting calls from creditors who want to collect on your debt while your bankruptcy case is not yet resolved. Also, an automatic stay ensures you don’t get collection notices in your mail. As a point to remember, you should make sure you have a bankruptcy lawyer (similar to this one here) representing you at all points of your bankruptcy where you have to deal with the law or courts. The right attorney might even be able to help you find some sense of financial security again.

Credit Score

When you file for bankruptcy and your debt gets discharged by a judge, it can affect your credit score. Keep in mind that despite the discharge of your debt, it stays on your credit history. Your credit history and the bankruptcy filing will tell creditors you are a risky borrower. As a result, you may find it hard to apply for loans and extra credit cards. But, even if bankruptcy can cause your credit score to sink, you will no longer drown in debt.

Privacy

You must remember that bankruptcy records are available to the public. Thus, employers and any person who wants to investigate your financial history can access them and know about your debt discharge. But, this should not be a reason you should not file for bankruptcy.

According to courts, even bankrupt individuals still deserve some privacy. Because of this, court documents will only show the last four digits of your Social Security number. Remember that only a few people will do your financial information through court records. While some employers may conduct such searches, especially if you are applying for a financial position, it is unlikely for your family and friends to perform this kind of search.

The post Four Ways a Bankruptcy Filing Can Affect Your Life appeared first on Nine Hub.

Even businesses are increasingly relying on secure and efficient methods to handle transactions and make it safer for their consumers. From e-commerce stores to service providers, ensuring the safety of online transactions is paramount. Implementing robust encryption, multi-factor authentication, and regular security audits are essential practices for safeguarding sensitive financial data. Businesses often leverage reputable payment gateways to enhance transaction security.

Moreover, as a strategic measure to mitigate risks associated with online transactions, some businesses opt to open a second merchant account. This approach not only provides a backup for processing payments but also adds an extra layer of security, allowing businesses to segregate transactions and manage potential risks more effectively. As the digital landscape continues to evolve, adopting these proactive measures becomes integral to maintaining the security of bank accounts in the online realm.

Here are some of the top online banking tips that can help you stay safe while you do your banking online. By taking the time to implement these tips, it will be easier for you to keep your financial information safe. These are also some helpful tips to follow when using an Internet bank so that your bank information is as secure as possible.

First of all, see to it that you have a good internet provider. Slow internet can hamper your work, so make sure you have good speed (you can use test my internet speed or similar websites to check it). Also, don’t share your public wifi connection. Many online banks operate their servers from public WiFi spots. If you use a public hotspot at work or use public wifi at coffee shops, you should be aware that your information could be vulnerable to hacking.

Moreover, if you are using a computer or a laptop for online banking, you should also check whether your external ports are connected or exposed to unknown applications that could potentially make the device easier to hack. If this is something you want to do, there are plenty of online blogs that might help. For instance, Linux users can head to the Linode website to learn more about external port safety regarding their operating systems. Also, hackers can monitor your transactions and send you advertisements that are more than you intended. Hence, even if you don’t think your computer is actually being hacked, it’s always a good idea to run an antivirus program just to be safe.

Be cautious with what you write on your banking login. Your banking password is often written on pieces of paper or marked on a computer so that even if someone were to snoop around, they would have no way of figuring out the code. When you give your password to someone, they don’t have access to your bank account unless they have the proper account password. This is why it is important to always write your banking password on a piece of paper or somewhere that can’t be hacked.

Use passwords wisely. You should never use your real name when you set up your online banking account or enter any other sensitive information. As mentioned earlier, hackers can monitor your transactions, but if you really want to be anonymous, use a strong password. This is one of the most basic online banking tips that people should follow, but it can make a big difference in keeping your bank account secure.

Use proxies as required. Phishing attacks and IP-based attacks are few of the ways in which hackers attempt to steal your financial information while you make a transaction online. Now, with the advancement of IPv6 (Internet Protocol version 6), along with faster connection, an extra layer of security is maintained by hiding the IP address of the particular user. As such, by using an ipv6 proxy, it prevents hackers and websites from identifying the user and tracking their IP address.

Always check to see if your bank has an official mobile banking app. The official mobile banking app is not only designed for the iPhone or Android devices that many people have grown accustomed to using, but it can actually transfer funds to your bank account. This means that if you’re transferring money to your account from your home computer to the bank’s computer, you don’t have to do anything different, except open up the bank’s mobile banking app. This is one of the easiest ways to keep your bank account secure and if you ever need to transfer funds from an ATM, you’ll be able to do so quickly and easily as well, which will save you time and frustration.

The post Online Banking Tips That Will Keep Your Bank Account Secure appeared first on Nine Hub.

Virtual banks will often bill their customers a monthly fee of between $10 and $30. Most virtual banks will use their own currencies, so the fees aren’t determined by a single currency or bank. Virtual banks can be used to pay friends, or even mail-order goods.

An important note: Not all virtual banks are created equally. I should also point out that you can create virtual banks that operate for months with no activity. This is called ghost banking, because it’s the equivalent of paying with a check at your bank, and then spending the check when you go to an ATM or buy something at your favorite store. Virtual banks can be created with the capacity to just sit idle for months, collecting dust in your virtual bank’s virtual bank account.

If you can pay in virtual currency, it’s cheaper. Most virtual banks cost $0.01 to start. If you’re using the virtual currency of your choice, virtual banks are often one of the cheapest ways to buy or sell.

If you get an extra payment in your virtual bank account, it’s cheaper. If you receive a one-time check in virtual currency, it’s better than a real check. If your bank offers online payments, it’s easier to keep track of virtual checks. If you receive an extra payment in your virtual bank account, it’s easier to make sure you’ve paid your virtual bills. Virtual banks are often very popular with parents, parents-to-be, and friends who don’t want to have to talk about money. I know of a virtual bank that allowed parents to create virtual baby bank accounts for their children. And of course, if you have an existing bank account that you know you don’t need, virtual bank accounts are a very quick way to consolidate it into one.

If you want to really save money, or earn interest, or use virtual currency on something like some new casino sites, you have to do it directly with an actual bank account.

I know what you’re thinking: isn’t paying your bills by mail still cheap?

Absolutely! Mail-order payments are usually free for everyone, whether they use virtual or real currency. And the cost of mailing a check is very low. If you’re going to be paying in virtual currency, mail-order payments can be cheaper, but only if you can use virtual currency. If you’re paying with real currency, it’s easier to keep track of the payments. And for most people, they’re much more convenient. A virtual check can only be delivered once, and it won’t fit in your mailbox.

If you want to make a regular bank account worth paying into, you have to pay $10 in virtual currency, every month. And of course, virtual banks won’t let you bank in foreign currencies.

So what are virtual banks for? And how do I do it?

Realizing that the key to making virtual banks work is for them to be affordable for everyone, most virtual banks will set you up with an account in virtual currency.

The post How Virtual Bank Accounts Work appeared first on Nine Hub.

If you haven’t invested in real estate already and are considering it, there are a few factors you need to consider. You may also want to read the European Financial Review to ensure this investment is one you can handle. One of the best ways to think about a real estate investment is to consider three categories of real estate investments that can benefit your economic portfolio. First, there may be an instance where you can sell your house for cash. This is a direct transaction and one that can really help your bottom line. Second, you can put your money in the real estate market. There are a few different ways to do this. And third, consider how your credit rating affects your ability to purchase a house or what kind of loans you can get in context.  If you’re a company such as CentrePoint, you will need to show your finances before building permissions can be granted.

Sell Your House for Cash

Start with the simplest way of thinking about real estate investments – as a way to get cash quickly. When you want to sell your house for cash, you’re looking for someone who has the money to put down right away. This way, you don’t have to make different arrangements about loans, mortgages, down payments, or any of those other factors. Instead, you give your house to someone, and you get cash back. Simple! 

Put Your Money in the Market

You can also invest in real estate through a few different avenues. For example, you could invest in a house that you plan on flipping for profit. Or, you could put money in the stock market as associated with the real estate values locally or around the world. No matter how you do it, one of the great things about real estate is that land always improves in value. So, even if a property itself doesn’t end up being the best investment, the land that it is on is always there for you to use as a backstop. 

Credit and Loans in Context

Getting a loan to purchase a house can be frustrating if you don’t know what you’re getting into. You have to have a credit rating above a certain level to get a good loan. Otherwise, some of your interest rates may be locked in in a range that will cost you a lot of money in the long run. Before considering buying a house, try to get your credit card rating up as high as possible. Then you will immediately see the benefits of being a trusted financial entity.

The post Real Estate Investments: Thinking About Cash, Credit, and Long-Term Benefits appeared first on Nine Hub.

Virtual banking today is one of the easiest and fastest ways of money management, but the concept still provides material for debates to the non-users. The discussions always circle back to the vital questions of security and reliability, but one of the main principles these services maintain is the welfare of the customers. We are here today to dispel the skepticism and show you the potential of internet banking.

The Future of Finance

Finance is an integral part of the world mechanism. We all deal with income, expenses, and financial reports on a daily basis, so it is no wonder this specific department underwent serious changes with the introduction of advanced technologies. As all operations move to the virtual world, handling finances on paper through land-based banks can become outdated. Hence, virtual banking was born. You can even head to this page to find out more about how your finances can be moved off paper and online, saving you time and money in the process.

But what does virtual banking essentially mean? Well, there are several aspects to the concept. First, the main difference between this concept and regular banking is that all operations are executed completely electronically. Second, large databases are used for storing massive amounts of data, and users can access all information very easily. Third, the additional help is provided via mobile apps, which make the process of handling your personal finance even more flexible.

The Tools of the New Generation

The most popular form of online banking is the network of e-wallets. These nifty utilities provide their services to users who are looking for fast, easy, and secure methods of transferring money – all at minimal costs. The software component of the digital wallets provides encryption for the personal information and protection of transaction information. This way, all operations are safe and secure, so the question of safety is instantly eliminated from the digital banking discussion equation.

On the other hand, they are highly compatible with e-commerce websites. This means that you can pay for merchandise directly on the site where the merchandise is located. Other services are present as well – transferring funds to other users, paying monthly subscriptions, even paying utility bills. Today, digital wallets are wildly popular with millions of customers, but the principal industry where they first showed clear potential was the online gaming industry. And it still is the preferred method for payments – services such as PayPal, Skrill, and Neteller are the top choices for numerous players in best casinos across the world.

How to Use Them to Your Advantage

As you can see, there are several benefits of switching to virtual banking. It is safe, easy, and fast – transactions are completed instantly, with minimum waiting time and without the need to pay for large service fees.

The great thing about this specific financial model is flexibility and versatility – you have countless options in terms of services you can pay for using digital wallets. They are not restricted to countries. In fact, most e-wallets are fully operational on almost all continents with few exceptions that differ from wallet to wallet. This means you will be able to access and manage your funds from all locations without hassle, as you will not be limited to land-based institutions and working times. But all this is just the tip of the iceberg of possibilities you will unlock once you switch to electronic banking.

The most important thing you will get is updated data about your operations, which is essential for developing a healthy and careful personal finance strategy. Keeping track of your personal finances is paramount, but that is not easy an easy task for most of us. Instead, we turn to professional adviser which are responsible for the management of our assets 24/7 and who provide useful advice based on facts. However, not everyone likes the idea of reaching out to financial advisors. If personal finance is on the top of your list of priorities, exploring the realm of virtual banking can be a wise move for your future. With mobile apps and real-time data accessible at all hours, you can create an extensive report and keep track of your finance in a very easy and simple way. And it’s completely free.

The post The Financial Evolution: Catching the Wave of Virtual Banking appeared first on Nine Hub.