Tangeeram Salehi

Month: March 2016

What is an Insolvency Practitioner and What Do They Do?

- Tangeeram

An insolvency practitioner is a legal specialist who handles financially tight situations and helps debtors who are experiencing hard times work with a professional to design a payment plan, deadlines, and more.

If you are facing financial difficulties and find yourself overwhelmed by the number of bills that you owe, it may be time to consider evaluating insolvency practitioners in your local area. These firms must be appointed and authorized by the Secretary of State or locally recognized professional bodies, meaning that they are reputable, dependable, and trustworthy. You can rely on them to help you work out a payment arrangement that is amenable to everyone, instead of just milking you for everything that you’re worth simply because you’re behind on your bills.

Insolvency practitioners specialize in the following:

Dealing with Creditors

After you’ve fallen behind on your accounts, dealing with creditors can quickly become overwhelming. Typically they call you regularly, send you repeated mail, and make themselves as annoying as possible until you pay attention to them. Naturally, this becomes annoying quite quickly, and you may be tempted to ignore simply the creditor in the hopes that they’ll go away. However, this can be incredibly detrimental to your finances quite quickly, especially if you’re running a business and attempting to pay off your accounts. Ignoring your creditors will not make them go away, and will, in fact, often make the situation far worse as the debts increase in interest and late fees over time.

Arranging Repayment Plans

An insolvency practitioner like Jamie Playford will work with your creditors to help design a repayment plan that suits their need for repayment, but also works with the amounts that you can afford to put toward debt on a monthly basis. This helps ensure that you don’t wind up contracted for more money each month than you can reasonably afford so that you can meet your contractual obligations month after month consistently. This allows you to make progress on your debt each month, instead of falling further and further behind. In some cases, the insolvency practitioner will also be able to get the creditors to lower the interest rates on your debts or suspend them temporarily, as well. This allows you to put more of your money for the balance of the debt, instead of the interest, so that you can make more progress faster. You can watch this Youtube Video of Mr. Jamie Playford to know more about him..

Setting Up Deadlines

These practitioners will also be able to work with your creditors to set up deadlines that you’ll have your debt paid off by. They’ll negotiate the payoff dates that work for the amount you have to pay, as well as with the dates that the creditors need their money by so that everyone can come to an agreeable compromise with a limited amount of stress and hassle. This makes it as easy as possible, keeping you out of the legal system as much as possible so that you can focus on earning money and making your payments on time. If you follow the agreements that you make with your insolvency practitioner, and the agreements that they make with your creditors, you’ll be on your way to being out of debt quite quickly.

Arranging Check Ups as the Payment Plan Proceeds

Your insolvency practitioner will also set up check ups every so often as the payment plan proceeds so that everyone stays well aware of the milestones. This allows your creditors to check in with you and ensure that you’re staying on track and helps you see the progress that you’re making as you work toward financial freedom. It’s essential that you hit these milestones so that everyone can see that you’re truly committed to paying off your debts and getting out of insolvency and back on track. After all, your goal is to clear your personal debts, your business debts, and your good name so that you can have good credit and a decent reputation in the community once again.

When you’re in debt up to your eyeballs and need a clear, quick solution, contact a professional insolvency practitioner someone like Jamie Playford in your area. These skilled negotiators will help you work out a plan that everyone can agree upon so that you can pay back your debts and get back on your feet once again.

Gold Coins Investment: Is It Worth It?

- Tangeeram

Investing is a smart way to use your money. You put your money into something, and when it is time to sell what you have purchased, the goal is to not only get your money back but also more than what you invested. As you consider what you would like to invest your money in, you may have run across investing in gold coins. If that has been thought, you have had, read on to learn more about gold coins investment.

One of the first things to consider is which kind of gold to purchase. As far as a simple and straightforward answer, there is not one. Your goals will guide what the best coins to purchase are. If you simply want to take advantage of the price of gold, purchasing bullion coins that are contemporary is a good choice. For those who are concerned with gold seizure and possible capital controls, they should consider gold coins that came out before 1933.  Both of these options have modest premiums above the value of their melt.

Next, consider when is the right time to buy. Again, this isn’t the easiest question to answer as timing isn’t too much of an issue. Gold is wealth insurance. It is different from real estate investments and stock investments. Before deciding what the right time is, you should ask yourself if you think you need to own gold. If yes is your answer, then buy immediately. If you try and wait for a better price, it may never come. If you are looking for a good strategy as to when to buy, try cost averaging. The best goal to have here is diversity. This keeps your wealth protected during the uncertain economic times.

As you consider when to buy gold, you may wonder if you should wait until it becomes a necessity. The choice is ultimately yours, but historically, there have been periods of time where gold coins bottle necked, and even times when there are shortages.

After that, you may be wondering how much of your assets you should invest in gold. It is common to invest anywhere from 10 percent to 30 percent. The actual amount, however, will depend on your concerns of the current state of affairs.

You may also have wondered what the typical gold coin investor looks like. Most of the people you see and meet in your daily lives are the type of people that choose to invest in gold coins. Physicians, nurses, teachers, plumbers, business owners, attorneys, engineers, and the like are all those that have chosen to invest in gold coins. It appears that anyone who has the desire to invest will do so.

Once you decide that investing in gold coins is something that you are interested in, you will want to find a reputable gold firm. It is crucial that the firm you choose has been in business for quite some time. Not only can a reputable firm teach you about the art of investing, but they can help you avoid problems, give you direction, and help you choose what may be best for you. They can also help answer questions you have and be open to them. Not only that, but they will also keep you informed about happenings in the world of gold.

Be cautious, however, when you choose a gold firm to work with. You want to make sure that the company is in good standing with the Better Business Bureau and past clients. Not only that, but you want to make sure they are helpful and can give you the assistance you desire as you go about investing in gold coins.

In conclusion, choosing to invest in gold coins is a smart choice for just about anyone looking for an investment opportunity. Gold coins can help keep you protected against potential problems with currency, stock market weakness, inflation, and deflation. This one item in your portfolio is a good choice in all seasons. As you begin your journey in gold coins, you can use the tips that are shared here to help guide you along the way and don’t forget to have fun with it.

How To Invest In Gold

- Tangeeram

Gold is one of the most popular means of investing for some reasons.  If you are interested in having an investment that is sure to gain value and stands the test of time, this is likely the best option for you.  Read on to learn about why and how to make the most of investing in gold.

Gold is one of the few things that you can purchase and hold as a means of investment. It does not spoil and is an actual, physical commodity. Gold can be purchased in various amounts and forms.  For example, you can buy gold coins as well as gold bars. This gives you a flexibility of how much to invest at a time as well as how much to hold.

Gold can also be purchased in a less physical means through the stock market.  What this means is that you are investing in the likelihood that the value of gold will increase. This is somewhat more of a risk because the value can change based on conditions other than what the actual amount of gold would sell for. However, if you plan to invest a great deal into gold, it makes more sense, as it is not very convenient to have thousands of pounds of actual gold in storage.

The use of each mean of investing should be based on some factors. These include the concerns you have about the future economy, how much you plan to invest overall as well as how much you trust the nature of the stock market. Many chose to take both routes to reduce the risk that they are taking.

Finally, while gold is a great investment to reduce your risk, it also should not be the only thing that you put all of your money into. It is always best to spread your investments across various levels of risk. This means investing in stocks and bonds as well.  Not only will it reduce your risk, but it will increase your average return. If you feel that you need help in this area, it is always a good idea to consult a financial adviser.

Now that you have read the above information you know that there are various means of investing in gold as well as some pros and cons.  Keep this information in mind as you consider what options are right for you.

Scroll To Top