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What happens when you stop paying mortgage?

If you fall behind on your mortgage payments, the lender or current owner of the loan (the bank) is going to start taking steps to collect from you and pr...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Is it possible to get a personal loan with bad credit?

The good news is, no matter what your personal loan needs are, reputable lenders still want your business — despite your imperfect credit history. Below i...

Can you still withdraw from your 401k without penalty in 2021?

As a response to COVID-19 economic hardships, the CARES Act provided special withdrawal allowances for retirement savers in 2020. The early withdrawal pen...

Is there a discharge in Chapter 11?

In a Chapter 11 case filed by an individual (i.e., a natural person), a discharge is granted by the court separately, after the completion of payments und...

Can bank transfers go missing?

EU legislation states that it is the responsibility of the sending bank to trace – and if necessary, re-issue – a payment that doesn’t arrive at the recei...

What are the plans for 401k?

401(k) Plans A 401(k) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts....

How do I report 2 shareholders to health insurance on 1120S?

Page 16 of the Instructions for Form 1120S states: “Report amounts paid for health insurance coverage for a more than 2% shareholder (including that share...

What is a UCC-1 used for?

A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor’s personal property. This personal pro...

What happens when a record label wants to sign you?

In most cases, when signing with a “Major” record label, the label will offer you a large cash advance that can be used for anything and everything in you...

Do landlords have the right?

Landlords DO have the right to rent property to good tenants. There is no law that requires you to rent to someone who does not meet good qualifying crite...