Types of Bankruptcy

Introduction Bankruptcy refers to a federal court process in which repayment arrangements are made to allow an insolvent debtor to clear the outstanding debts. Bankruptcy is often declared when a company or an individual is so deep into debt that starting afresh is the only reasonable option. This paper compares and contrasts the five types […]

Mortgage business in Saudi Arabia

Borrower’s risk and mortgage residential lending Borrower’s risk in mortgage business refers to the uncertainties faced by the borrower when engaging themselves in mortgage. Mortgages are taken with an aim of acquiring residential houses and just like any other loans; they have to be paid back with a specified rate of interest which varies from […]

Financing of Education

Microfinance programs have been established in many parts of the world with a target of reducing poverty. To achieve this goal, most micro finance institutions decided to shift their focus from capital provision to education financing on the realization that there was a common knowledge deficit especially in the business sector. Most people running business were school dropouts and lack of the relevant information led to poorly […]