Homeowner Education

Credit is issued to people who want to obtain something now, but who can’t or don’t want to necessarily pay for it now, based on

A covenant is a promise on the part of businesses that borrow money to uphold certain conditions stated in its loan agreement. They’re meant to

If you’ve accumulated debt on personal expenses, then you have consumer debt. Consumer bankruptcy refers to the type of personal bankruptcy filed to reduce this

Chapter 7 refers to a chapter of the bankruptcy code that provides for “liquidation.” Under Chapter 7, your debt is discharged, but your nonexempt property

Chapter 13 bankruptcy allows private individuals to keep your property but must pay back a portion or the entirety of their debt over a 3-

Chapter 12 is a special type of bankruptcy intended specifically for someone meeting the definition of “family farmer” or “family fisherman.” The person also must

Capitalized cap cost is the sales price of a car being financed with a lease. It includes the car’s negotiated price plus any additional costs

Capitalization rate is the estimated percentage rate of return that a property will produce on the owner’s investment.

Capitalization has multiple meanings. In accounting, capitalization refers to the process of expensing the costs of attaining an asset over the life of the asset,