article thumbnail

The New Startup: Legal Financing & Lawsuit Loans

YoungUpstarts

If you haven’t heard about legal financing or lawsuit loans before, that may change. The practice of legal financing dates back to the early 1990s, but it didn’t take off in the United States until Credit Suisse Securities launched a litigation lending program in 2006 that later became its own company in 2012.

Finance 179
article thumbnail

What to Know About Cryptocurrency and Scams

The Startup Magazine

Cryptocurrency is a digital currency that uses cryptography, a process of transforming information into code, to help ensure the security of financial transactions. With this wallet loaded with Bitcoins, they could use the coins for purchases or exchange them for other forms of currency. The Risks of Investing in Cryptocurrency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Your Business Needs to Know About Forensic Accounting

The Startup Magazine

Forensic accounting entails examining the finances of an individual or business. Specialists in the field ensure finances are in order and secure. The Securities and Exchange Commission led the forensic investigation. They are also employed to look for financial improprieties in business transacting.

article thumbnail

The Financial Services of a Dallas CPA Firm

The Startup Magazine

Recording financial information, generating documentation related to finance, and doing analysis of financial data are all part of what is involved in accounting. In public accounting, filing corporate documents with the Securities and Exchange Commission and with prospective investors is also part of the process.

CPA 111
article thumbnail

5 Recommendations Before Funding An Appealing Startup

Startup Professionals Musings

Watch out if someone has a complex plan involving offshore bank financing or gemstones or oil leases in Iran to make you rich. Here are a few questions you should ask that might allay any remaining qualms, or convince you to run immediately: How much am I paying in commission or fees? By commission? Any mention of “offshore.”

article thumbnail

5 Due Diligence Tips Before You Invest In A Startup

Startup Professionals Musings

Watch out if someone has a complex plan involving offshore bank financing or gemstones or oil leases in Iran to make you rich. Here are a few questions you should ask that might allay any remaining qualms, or convince you to run immediately: How much am I paying in commission or fees? By commission? Any mention of “offshore.”

article thumbnail

What Is Corporate Bankruptcy?

YoungUpstarts

Security and exchange commission states that under chapter 7 bankruptcy code the company stops all the operations and goes out of the business. Most of the people do not know how to eliminate debt by filing bankruptcy so one must consider business bankruptcy in this regard. It will help him a lot.