Strategies to Improve Your Business Debt Balance

Just as consumers can fall into a serious financial situation related to high debt balances, the same holds true for businesses. Businesses often accumulate debt to slow payments on accounts receivable or because of difficulties collecting on accounts receivable. They also can accumulate debt because of slow sales and unexpected expenses, such as equipment repairs. These are only a few of the many reasons why a business may go into debt and may have trouble paying the debt balance down. When you fail to make minimum monthly payments on your debts, your creditors have the option to pursue commercial litigation against you to force payment. This is understandably something to be avoided, and you can pursue several steps to avoid debt collection practices being made against you.

Seek Debt Relief
One of the first steps you can take to avoid commercial litigation related to high debt balances is to seek debt relief. Many of the strategies that individuals can take to combat debt balances head on can also be used for commercial debt relief. For example, you can consider debt consolidation as a method for debt relief. Through this option, you can convert high interest rate credit card balances to a low interest rate installment loan. This can result in lower monthly debt payments and faster debt reduction. This form of debt relief is only one of several that you may pursue, but keep in mind that you generally need to have a good business credit rating to proceed with this solution.

Pursue Commercial Litigation For Your Own Account Collection Efforts
While debt relief, such as through a consolidation loan, is one effective way to deal with debt head on, another strategy may be to combat the reason why you are struggling financially. In many cases, debt collection efforts on a high accounts receivable balance sheet is causing financial stress for the company. You can take several debt collection efforts to encourage your customers to pay their balance in full. One idea is to use commercial litigation tactics, and many companies prefer this tactic over the use of debt collection services. One reason for this is that the threat of litigation often encourages an immediate response.

Debt can be a burdensome problem for businesses to deal with. It can interfere with your ability to grow and develop your business as planned, and it may even result in a lawsuit being filed against you or in the collapse of your business. It is important to understand when your business has a serious debt problem as a first step. Once you have determined that you need to do something about your debt, keep in mind that you have a couple of options to consider. Some businesses may combine these two methods for more effective, comprehensive results. You should visit the +120DAY website if you would like more information.

Top 5 Budget Wedding Destinations You Can Choose From

“The goal in marriage is not to think alike, but to think together.”

Who doesn’t want a dream destination wedding when it comes to celebrating and strengthening the pure and pious? Weddings are indeed a big affair and need to be treated with utmost importance. Destination weddings have become popular nowadays because of the exotic experience they deliver without stressing the budget to unbearable limits. Affordability is the key, for most people get married without a huge chunk of savings backing them up. Let’s have a look at some of the destinations which could be perfect for your dream wedding:

1. Hawaii:

What else could be better to start the dream wedding scenario apart from Hawaii? Hawaii at sunset is well known for mesmerizing the people with its breathtaking beauty which makes it top the list here as well. Paying a minimal amount as the fee along with carrying proper photo IDs is all you are supposed to do to have the out of world experience at Hawaii.

2. India:

Have you ever been to India? It’s crazy! If you think India is all about the chaos spread on the streets, you are so wrong! India offers the most exotic experience when it comes to wedding ceremonies. The diverse culture and rituals attract many people to get married in India. In India, marriage is considered as the most sacred bond there could exist between a man and a woman. The traditional ceremonies last over a week giving you the dream wedding you have always longed for.

3. Paris:

Although Paris is considered as one of the favorite honeymoon destinations, what most people fail to realise is that Paris could be their wedding destination as well. The Eiffel Tower is the centre of attraction in Paris. Plus, getting married in Paris saves you from all the trouble of travelling to the honeymoon destination after being exhausted from the marriage.

4. Amsterdam:

This is one destination for the party animals. If you and your fiancée want a wedding miles apart from being called simple or boring, Amsterdam is your place to be. The ambience of the place is beyond words. The place not only offers an exquisite experience but the perfect blend of romance as well. Indeed worth spending the first moments of your married life.

5. Drakensberg, South Africa:

This one is for the nature lovers who love to explore and want to get married amongst the natural flora and fauna. The view of the mountains along with the vineyards and stunning countryside itself is a big time treat to the nature lovers. Some hotels offer the chapel as well as the wedding officiant and a reception area, making your work a lot easier and the experience more worthwhile. 

Although people might feel satisfied in doing a small ceremony with their friends and family, there’s nothing wrong in making it spectacular without spending a fortune. Young Hip and Married can help you with extremely customized wedding plans in your budget. Don’t forget, it’s her special day which she will cherish for a lifetime. How excited are you now for your destination wedding?    

Ways in Which You Can Prevent Divorce from Burning a Hole in Your Pocket

Marriage is a sacred partition of an individual’s intimate life. It is the outcome of an individual’s hard workblended with true love, bonding, emotions and commitment. Which is why it hurts a lot when all of these deep-seated sentiments become obsolete due to a shallow lack of understanding and compatibility which eventually strikes the last nail in the coffin of what once was a beautiful relation.

This is when a person has to compartmentalize his emotions and move on with life with a heavy heart and empty thoughts. Divorce is not for the faint-hearted.Matrimonial home divorces can be draining and unsettling, to say the least. When handled peacefully, it brings closure. But god forbid if things turn sour, the consequences are embarrassingly shattering. It rumbles the very base of your faith in human connections. Nevertheless, light can always be found at the end of the tunnel, if a person refuses to leave behind hope and positive thoughts. Therefore, given below are some appropriate guidelines which can help a lot with coping up before and after a divorce, if followed properly.

Decide when to take the call:

Marriage can be most unpredictable. You may never know what’s next. Those who have gone through it are the ones most suited to decide when to take the plunge and if need be, when to jump out. But present trends indicate that one who takes the call early, usually seems to have an upper hand in the divorce procedures. Consulting the best divorce lawyers at the onset of this ordeal usually provides some much-needed clarity and support.

The Pre-requisites:

  • After you come up with a firm decision, it is the time let go of all the restraints and do what is best for yourself with only a small degree of accompanied civil politeness. Get advice from a renowned family lawyer from Matrimonial Home and buckle up for a bumpy ride. An experienced divorce lawyer while being expensive may help you save considerable income on the ultimate settlement.
  • Make it a priority to cancel joint bank accounts, return credit cards and separate financial assets.
  • Open a segregated email ID in order to get sensitive information regarding various divorce-related issues.
  • People generally have their personal savings, and these savings can help you in various situations during the divorce. Many would say that it is wrong, but in times of need, this stash would help you a lot. If you don’t have your personal savings, try borrowing some money from somewhere, but keep your base strong.
  • Arrange your documents- Be it your loan documentationor vehicle registration papers. Make a separate Rolodex and keep Xerox copies of all such significant documents in it.
  • Explore the properties- both belonging to you as well as your spouse. The jointly owned properties need to be split in a divorce but there are various ways by which you can make the pendulum swing in your favor. Try having a close look at your spouse’s business holdings. It may help you in making better agreements as settlements and alimony are not exactly unheard of in the divorce business.

Meditation- The Right Approach:

It would help preserve the peace of mind and would be a great way to start a new life. Instead of drinking yourself to death, which again costs money and accumulates debts, you can take up new and productive life skills and inculcate a completely new health regimen as well as mental yoga.

Alimony and Property Division:

If you are getting your alimony amount at once, try to cash-in instead of asking for periodic payments which are taken for granted. Before deciding the ownership of the to-be-split properties, do indulge in due diligence of your share and find out if there are hidden maintenance costs or rent payments. Joint subscriptions, memberships, bills and other such services should be equally split up as well. Be considerate of the fact that inherited possessions or pre-marital funds are yours and yours alone. Be sure to have them registered in your name so that the aftermath of the divorce doesn’t have any impact on your personal belongings. Articulate your agreements in order to make the process go easy.

Divorce nowadays is all about the money. In spite of getting into the emotional aspects of the issue, try to go for a practical approach. The essence of emotion can nullify your attorney’s attempts for a fair settlement. 

Tips For Protecting Intellectual Property

As great ideas are generated the threat toward intellectual property becomes a more and more serious problem. Successful product and service ideas should be protected to insure that you keep such things under legal protection.

The following are steps that can be taken to keep your intellectual property safe and sound:

File Ideas For Protection

The best approach to take when it comes to protecting intellectual property is filing it under the proper legal definition so that it belongs to you. Examples of this would be:

  1. Patents
  2. Trademarks
  3. Copyright

Each of these targets specific areas of intellectual law and claim ownership in different ways. Take you idea(s) and consider which of these apply to it and make sure you take the steps to get this done.

Legal Representation

It never hurts to have an attorney involved with ideas that you want to protect. When looking into possible attorneys it helps to research the area a bit. Speak with friends and listen to whether or not they have someone they would recommend, outside of that visit places that will have the information, such as a chamber of commerce.

Aim for the individual that has the most experience, keep in mind, you are looking for an attorney, not a friend.

Educate Yourself

This is a double standard; when you are looking into intellectual property rights it’s a wise move to get legal representation, but it shouldn’t be your only method of defense. Take the time to learn some of the laws yourself so that you can be educated when making decisions and identifying potential threats.

Additionally, be realistic with yourself about the path you are walk down. If you have an idea and you take steps to protect it as your own, it doesn’t mean it’s going to make you a millionaire a week later. Be honest with yourself and recognize that if you’re going to make an idea work that you need to share it, network, and get people involved that can get it up and moving.

It’s not a one-person operation.

Develop the Idea First

On very few occasions a spur of the moment idea will be something that needs to be moved on immediately, but in most cases there is ample time to revise and revisit. Take the time to develop the idea that you have before you take the steps to legally protect it.

This will help in being more specific with the intellectual rights that you are claiming.

NDA Agreements

Anyone that you work with should be placed under and NDA agreement (Non-disclosure agreement) to the effect that if you are sharing information with someone that would be sensitive if it got out, this agreement will hold that individual accountable.

The privacy of intellectual rights is something that falls under attack on a daily routine, whether it’s intentional or a complete accident, it happens. Taking the steps to properly protect your ideas is part of building a successful and efficient business/idea. Take the time to insure you are protecting your own. To learn more, please visit Hoffer Adler for additional information, resources and references.

5 Reasons to Hire a Lawyer Regarding a Severance Package

Severance packages and the end of employment at a particular job can be a very conflicting moment of time. Trust can be abused from employer to employee and lead to one side of the equation getting less than what they truly deserve.

In the event an employee does pursue acquiring a particular amount of resources in their severance package it has a chance of backfiring. Whether it’s missing out on a particular clause that makes them ineligible for something, or creating a situation where seeking employment in the near future will simply be more difficult, there are often repercussions when things aren’t handled the right way.

To minimize on the chance that this could occur it’s heavily suggested that an employment lawyer is obtained so that they can properly guide these kinds of situations. The way something is written can create a huge impact on the outcome of severance packages. 

Here are a few reasons why this is so essential:

The Payment Involved With the Severance Package

In some cases when an employee is with a company for a certain amount of time there is a severance payment that they are entitled to without any form of paperwork being signed.

Should the employer want a signature it could be for reasons to acquire control or dictate certain terms. The payment of a severance package in a particular industry usually has a common range as well.

A lawyer can let you know exactly what you are entitled to as well as change clauses, or keep them in exchange for compensation from the employer.

Money Owed and Benefits of the Employee

Often times severance packages will spell out what benefits an employee is entitled to up separation of employment. This helps evaluate what kind of planning may need to be made to reacquire health benefits.

Additionally, there should be something in writing about the employed being paid the full amount that they are owed, which includes personal time off. A date should be applied to insure that this is taken care of promptly.

The Release of Claims

The release of claims has a large spread of different legal areas that the employer will usually want spelled out in the severance package. There are also areas that should not be released in a severance package with a prime example being the right to seek unemployment benefits that are not met with the employer fighting them. 

Future References

Clauses can be applied that insure both the employer and its employees will not hinder the employee that is leaving in any way. Plans can be put in motion to insure that should a job opportunity reach out for a reference that nothing negative will be state against the employee.

Confidential Information

Many times there are clauses placed that prevent the employee from discussing the terms of a severance package with just about anyone. An experienced lawyer will be able to recognize this and change it so that no rules are being broken when discussing the arrangement with people close to the employee.

This list could go on and on. The primary factor to consider is that in a severance package it’s an ode to a current job and the fact one has to move forward whether they like it or not.

Legal terminology matters in all forms of separation, which reinforces that taking the time to insure the wording is working in your favor is priceless when compared to what an end outcome could or couldn’t be. Make sure you get a lawyer to look over your own severance package to make sure that the final deal is fair and there isn’t a design being put in motion to give you less than what you deserve. Please visit Whitten and Lublin LLP for additional information.

Things To Consider When Hiring a Family Lawyer

Taking family matters to court is a difficult thing to do. But when such things have to be done, you are faced with another important decision to make – How to find the family lawyer who is right for me?

There are a number of factors to consider before hiring a family attorney. Some of them are detailed below.


Not all of us can afford fancy lawyers like the celebrities. Going through a difficult situation like a divorce is already hard, but when it is digging a hole in your pocket makes it harder. Unless your case involves assets of over a million dollars or is very complex, hiring the most expensive family lawyer is not advisable. Family attorneys charge by the hour and if your case is simple such as a typical divorce, then paying so much to an attorney is not really a wise choice.


Family law has different challenging aspects like paternity tests, surrogacy, child adoption, prenuptial agreements, etc. A family lawyer will not be an expert in all these fields. Some will be experts in divorce cases while others more frequently deal with issues relating to child adoption. Choose the Family Lawyer in Arizona who has a good expertise in cases similar to yours. This ensures that they are already knowledgeable and possess information about how to proceed with your case.

If their interests align with yours

If you are looking to settle your case amicably without taking it to court for a trial and negotiating on terms, hiring an aggressive lawyer who’s interests are to fan up the flames and take the case to court is not going to help you. Most lawyers have the best interests of their clients at heart and try as best as they can to offer their services in a way that fulfils the client’s desires. Meeting the attorney prior to hiring and explaining clearly to them whether you want to negotiate or take it to court is important. If you can feel that your lawyer will proceed as you wish, then hire them.


It is always better to choose a lawyer who is recommended by your friends, family or people you know that choosing one you find over the Internet. Since these people have worked with the lawyer on some cases of theirs, they can give you a personal opinion and their recommendation should be taken as a deciding factor.

Nature of the lawyer

Though this seems like a silly factor to consider because you are here on business and not to make a friend, the nature or personality of the lawyer plays a very important role. Since you are going to be dealing with family issues, it is necessary that you feel comfortable enough to talk to your lawyer about your emotions and other sensitive details that is required for your case. You will be working closely with this lawyer and it is necessary to choose one that you know you can be comfortable with.

Choosing the right family lawyer for you should be the first step you take when you decide to get a divorce or take some family problem to court. Thorough research on the lawyers you choose and their credentials can prevent you from a hole in your pocket and getting what you want from the case.

Car accident and personal injury lawyers in Toronto

When you need to be sure that you are able to bounce back from a personal injury due to getting into a car accident, there are some tips you must follow. By following these guidelines to the best of your ability, you will have the opportunity to get the feeling that you need while also holding the person or party who hurt you accountable for providing for your medical bills and other damages. Keep these tips below in mind so that you are able to move forward the best that you can with one of these situations.

 Keep your discussion with the other party limited

When you are dealing with a personal injury case, you need to remember that everything is on the record. Because of this, hire a Toronto car accident lawyers and keep your conversation and interaction with the other party to a minimum. This will make sure that you are in good hands and that you are not saying something that can compromise your case. For instance, even saying you are sorry for what happened can be twisted to mean a confession of guilt once the matter goes to court.

Remember the statute of limitations

Each and every legal matter in Toronto courts has a statute of limitations that comes with it. Different types of personal injuries have different  statutes of limitations, so make sure you are abreast of the law in this regard. This will allow you to be certain that you touch base with a car accident or personal injury lawyer in Toronto who can assist you in plenty of time to represent you.

Be ready and willing to settle

It is important that you remember that personal injury cases typically are settled outside of court. In fact, this happens upwards of 97% of the time! So because of this, you should be sure that you have the representation of a personal injury lawyer who can not only represent you in court, but in out-of-court settlements. This will allow you to do your due diligence in finding the best personal injury lawyers in Toronto and will be yet one more criteria to bear in mind when deciding which lawyer is the best for your particular case.

Keep these guidelines under your vest so that you are able to move forward in a way that is useful and efficient.

What Happens When Charged With A DUI in Canada

Any time that you get charged with a driving under the influence penalty in Canada, you are really putting yourself at risk. Since this is a penalty that puts the health and safety of many people at risk, you can count on any jurisdiction to penalize you heavy if you receive a conviction. Because of this, you should alway know what to expect if you happen to get convicted of a DUI. DUI Lawyer Toronto will teach you all about what to expect from these driving under the influence penalties so that you can move forward from them.

#1: You May Not Be Able To Travel

 And it is known to be strict time DUI offenders in the sense that you will not be able to enter the country if you have one on your record. The government enacted this law in order to keep the roadways safe. So this can greatly hinder your leisure and business opportunities if you are a Canadian citizen.

#2: You Will Lose Your License

 Many people hold getting hit with DUIs and of having their licenses revoked or at least temporarily suspended. This will make it difficult for you to live your everyday life and run errands. It may also ruin employment opportunities and will drive up your car insurance.

#3: You Can Face Jail Time

 Finally, even if it is your first offense, judges still have the discretion to put you in jail for a DUI penalty. Even if you never have had any criminal offenses, Canada takes these offenses seriously and does not hesitate to penalize people to the highest extent of the law. Keep this in mind as you get in touch with a DUI lawyer in Canada who will look out for you and help with your case.

As you can see, this is not a penalty that you would ever want to have on your record. Because of this, the best thing you can do is never drink and drive. You will never be convicted if you choose to never take that risk. However, everyone makes mistakes, so if you have gotten arrest and charged for this penalty, your focus should be to try your hardest to win your case or accept a plea agreement. With this in mind, consider this information and hire a lawyer who can help you out.

Important Information for Canadian Sexual Assault Victims

In March, the Ontarian government announced plans to launch a $2.8 million pilot program which would provide victims of sexual assault the ability to get consultations with lawyers at no cost to themselves. This program is a first for Canada, and it covers sexual assault victims from Toronto, Thunder Bay and Ottawa.

Under the pilot, victims will be able to talk to sexual assault lawyers in Toronto and the other cities, for four hours, to get free legal advice. Expert lawyers an help you properly in your case.

This is not the same as free representation in court - but it is still an incredibly valuable offer - something that will help those women to make informed decisions about how to proceed with their case. They will be able to find out what their options are, and what services they could take. They will then, at the end of the program, they can sit down and think about what they want to do next.

The pilot has been well received, but there are some people who are calling for more - hoping that sexual assualt victims will be able to get equal status with defendants in criminal trials. That is something that is a federal matter, however, and that would require a change to common law that has stood for centuries.

The scheme aims to inform and empower sexual assault claimants in Toronto, so that they can make the best choice for themselves. They hope to do this without having to "upend the justice system".

Amanda Dale, the Executive Director of the Barbra Schlifer Clinic, which works with domestic and sexual assault survivors, will be hosting the Toronto pilot. Dale said that at this stage they were hoping to level the playing field, and give claimants the chance to understand the process clearly. They hope to help women by giving them the support that they need to navigate the complex reality of the criminal system.

The data collected through these test consultations will, hopefully, help to launch a province-wide scheme which will be run as a part of the "It's Never Okay" strategy, which is organised by Premier Kathleen Wynne. This effort was inspired by the discussions surrounding Bill Cosby and Jian Ghomeshi, and the sexual assault allegations that they were facing. Sexual assault claimants face some difficult challenges, as were highlighted by those high profile cases. This new scheme is a small step towards improving the lot of claimants.