Collateral is a term used to cover something that is pledged as security for repayment of a loan. Collateral is forfeited in the event that the original payment for the loan does not occur. You may be familiar with the concept of collateral for bank financing purposes, but did you know that it is also […]
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What Car Modifications are and are Not Legal
Car enthusiasts value their vehicles more than many other things in their lives; it is a prized possession. These people will not hesitate to keep spending money on their car(s) to upgrade, modify, and personalize it to their liking. These modifications can include tinted windows, car wraps, and new exhaust pipes. However, they can only […]
What Happens if You are Stopped at a DUI Checkpoint
Alcohol consumption increases during holidays and the weekends, and you can expect no different for Memorial Day weekend, which is right around the corner. Local law enforcement keeps up with this by setting more DUI Checkpoints throughout the city. If you are unfamiliar with what happens at DUI checkpoints, here is what you need to […]
What You Need to Know About Being a Bail Bond Co-Signer
When a legal document needs a co-signer, it means it needs an additional person to cover the debt in case the first person, cannot make good on their payments and promises. Co-signers are not uncommon for major purchases like cars, homes, loans, and even bail bonds. A co-signer will generally have a good credit history […]