Sentences with phrase «personal assets while»

When you finance your company via personal credit you are risking quite a lot because you are assuming total liability and if your company is ever sued or goes under, you are stuck with the financial burden and may lose personal assets while also severely damaging your personal credit.

So the question becomes, how do you protect your most critical or personal assets while they are in motion?

In its ideal form, business owners find ways to protect their personal assets while preparing for the worst for their business.

Not exact matches

While relying upon personal resources may be common, it's also limiting to entirely rely upon personal credit and assets for a few reasons:

In the complaint, both Shkreli and Greebel are accused of «misappropriating» Retrophin's assets to pay back personal and professional debts stemming from the bad trades Shkreli made while running MSMB Capital.

While a traditional bank loan often requires specific collateral before they will lend to a small business and may rely heavily on the personal credit of the business owner, OnDeck offers fast small business loans from $ 5,000 to $ 500,000 with a general lien on business assets during the loan term and a personal guarantee.

While officials in China must report their income and assets to authorities, as well as personal information about their immediate family, the disclosures aren't public.

Through our unique programs such as the GP Wealth Signature Service Account and our Personal Advisory Service, we continually monitor our clients» portfolios to protect their assets while maximizing opportunities for growth.

While an author is always potentially liable for his / her writing, forming a business creates a «corporate veil» that can help protect his / her personal assets.

A borrower enjoys less restrictive terms on a bad credit personal loan in forms of lesser interest charges and longer terms while a lender has a guarantee to recover the loan proceeds in case of default by confiscating and selling pledged assets.

This is a big deal because historically, while there have been programs that have enabled clients to combine personal assets across other accounts with the same provider Questrade's myFamily program crosses the threshold by linking individuals who just want to be linked together.

Her personal experiences and financial background will be a strong asset to Lancaster Housing Opportunity Partnership and its mission, while helping consumers achieve their dream of homeownership.

A homeowner's insurance policy usually covers four incidents on the insured property — interior damage, exterior damage, loss or damage of personal assets / belongings, and injury that arises while on the property.

It's common for principals to rely upon their personal assets and credit to fund business operations while revenue is low or when first starting out.

Rooted in strong fundamentals, First Asset «s smart solutions strive to deliver better risk - adjusted returns than the broad market while helping investors achieve their personal financial goals.

Drawbacks: For its term loans, Credibly does require a personal guarantee from borrowers, so while your business assets won't be at risk, your personal assets will be.

While the word «estate» may conjure images of vast property, it really just means your assets — like your home, bank account, and personal possessions.

He added that while many investors have often sought personal advice from Vanguard, in the past such services were offered only to high - net - worth clients because those services couldn't be made affordable to those with fewer assets.

The key difference between secured and unsecured business loans is the guarantee that is required — secured business loans require you to have assets, whether they be business or personal, to attach to the loan, while unsecured business loans do not.

But this ingenious exhibition hints at the nature and broad scope of these assets, while reminding visitors that any collection is skewed by personal taste — and luck: Lange's work came to the museum from her stepdaughter, who lives in Chicago.

Since you refer to Trump, I thought I'd mention that if you have a business that is incorporated or an LLC, LLP, or other limited liability type set - up, it can go bankrupt (usually a repayment 13 but not always), stay in business while liquidating debts and some assets, and not impact personal wealth.

Rarely is a new client truly bagged by one and only one partner; certainly if you asked the client they'd almost certainly report that while a personal relationship with the partner was instrumental at the moment of selection, the key business rationale driving the choice was reliance on the firm's assets and expertise as a whole.

While not all Florida couples decide to discuss what should happen to their personal assets prior to getting married, others make the point to have a prenuptial agreement drafted and signed.

While owners may lose their investments, their personal assets are protected.

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While the primary purpose of insurance is to cover car damage and personal injuries, it has an equally important purpose of protecting your financial assets.

So, while the average truck driver might be able to secure individual disability insurance for their personal assets, the trucker BOE policy also helps them make payments on their trucking business (truck payments, insurance, etc.), allowing the business owner to hire out temporary help in the event they're unable to drive for a prolonged period.

While an insurance agent isn't a financial planner per se, he / she can be the frontrunner when it comes to all things related to personal asset protection, which can be a critical component of a solid financial plan.

Purchasing and maintaining a policy is so very important because it is the only way to make sure that you, your vehicle, and your personal finances and assets remain protected while you are driving on the roadways.

For example, while a renters policy may cover up to, say, $ 5,000 in business personal property, they may require a separate business policy if you have $ 50,000 in business assets.

While this lets you keep personal assets, such as home or business, within the family, it also means that your beneficiaries may be faced with paying a large estate tax after your passing.

While availing this coverage ensure that you have enough insurance against serious accidents that may involve judgment against you in case of a lawsuit, to avoid staking your personal assets.

While these sorts of corporate business structures will protect your personal assets in the event that someone sues your company, the business itself will still be unprotected.

While the landlord may be able to put in a claim to fix the property or recover money for any of his assets that may have been plundered, any of your personal belongings will not be considered replaceable under the landlord's insurance policy.

The most important thing is to make sure that you have the peace of mind that comes with knowing that you, your vehicle, and your personal assets are protected while you are driving out on the roadways.

[18] While standalone résumés are still used to apply for jobs, job - seekers may also view their résumés as one of a number of assets which form their personal brand and work together to strengthen their job application.

And the aptitude, commitment and goals of the child are also part of the equation, as well as any personal assets the child has accumulated and any income he or she may be capable of earning while attending college classes.

But while you would create a wall of separation between your personal assets and real estate holdings, a liability issue with one property could take down your entire portfolio.