Business and Justice Info » Uncategorized http://www.justice4akom.com Presenting Business and Justice Info for People Mon, 30 Jan 2012 12:44:26 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Buying a property at auction http://www.justice4akom.com/buying-a-property-at-auction.htm http://www.justice4akom.com/buying-a-property-at-auction.htm#comments Mon, 06 Jun 2011 02:20:55 +0000 Aaron Ehazs http://www.justice4akom.com/?p=444 property at auctionOnce declared a home foreclosure, the lender will sell at public auction. That means anyone can bid to purchase the property. You can find a list of upcoming auctions of foreclosed properties in your local newspaper. The auction will be held on the steps of your local county court. There are three types of auctions of foreclosed properties:

The absolute auction, the seller agrees to accept the highest bid.
The auction reserves, it is not necessary that the seller agrees to accept the bid of any bidder.
The minimum bid auction: establishing a minimum price and potential buyers should bid amounts over that amount. This is the most common type of auctions of foreclosed properties.

The executed price of a house being sold at auction is based on the unpaid mortgage balance (UPB, for its acronym in English) on the property, not the market value. When announcing the opening bid (also called “minimum price”), potential buyers can begin to bid. Some auctions use verbal offer while others use the offer in sealed envelope, where people submitted written offers to a “finisher” of the auction and the auction presiding authority announces the name of the winner bidder and the amount offered by the property.

Before participating in an auction, it is important whether you must show proof that you may pay if your bid wins. If you win, you must pay at least the down payment on the spot, then make the completion of the sale and pay the balance due in full (usually 30 days of the auction). Some auctions require you to pay the full amount.

It can be very tempting to buy a property for as low price, but there may be serious disadvantages to buying a home at auction, including the following cases:

You can not see the property or make any professional inspection. You buy the property as it is and, therefore, has no idea of ??the conditions of the place or what type of repairs need to do or to what extent.
You should do some research to see if the property has other liens and then selling or pay (for example, unpaid taxes).
The lender / bank can not disseminate information on current or previous condition of the property.
You could lose your deposit if you regret your purchase and close the deal or can not raise the money to pay the remaining balance owed.

If he repents and decides not to purchase the property and the owner ends up selling to another bidder at a lower price, you will be responsible for paying the difference.
Must evict the current residents (if they have not evicted) on their own.
You could lose the property, but have won the auction, if your state allows the borrower defaulted the minimum price and interest (called “right of redemption”).

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]]> http://www.justice4akom.com/buying-a-property-at-auction.htm/feed 0 A unique card for Euro http://www.justice4akom.com/a-unique-card-for-euro.htm http://www.justice4akom.com/a-unique-card-for-euro.htm#comments Fri, 15 Oct 2010 06:05:50 +0000 Aaron Ehazs http://www.justice4akom.com/?p=248 A unique card for EuroThe project is considering adopting a European card scheme itself, an alternative to Visa and MasterCard, is already underway.

The project is called Monnet and brings together a dozen financial groups to address a long-standing demand of the European Commission (EC) and European Central Bank (ECB), fill the vacuum of “a political entity, a coin.” In this case the “currency” will be minted in plastic, and accompanying international progress, where cash constantly giving way to electronic transactions.

Increasingly, retail purchases are paid using the cards. In Europe, in 2008, four of every 10 purchases are paid with plastic money.

The aspiration of this project is that an economic bloc as large as Europe, has an emblem itself in the card payment system, so as to identify worldwide.

The group of entities that make up the project have met to discuss the economic viability of the same factual. We define the marketing, product characteristics, technology infrastructure and business model.

The results will be announced next January, and according to the tentative schedule, Monnet could begin operating in 2012.

Depending on the results of economic analysis is carried out, will be defined if only the market will debit products, or you develop payment card and credit ends postponed.

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    ]]>     http://www.justice4akom.com/a-unique-card-for-euro.htm/feed 0     Regulations implementing the Code of Intellectual Property http://www.justice4akom.com/regulations-implementing-the-code-of-intellectual-property.htm http://www.justice4akom.com/regulations-implementing-the-code-of-intellectual-property.htm#comments Sat, 17 Apr 2010 15:22:32 +0000 Akbar http://www.justice4akom.com/?p=45 The Ministry of Economic Development (http://www.sviluppoeconomico.gov.it/) has finally approved a regulation to implement the Code of Industrial Proprietary to ensure greater protection and simplify procedures in the interests of businesses.
    “The systematic reorganization of the provisions on industrial property made by the Industrial Property Code – explained the Minister of Economic Development, Claudio Scajola – is aimed not only at strengthening the competitiveness of Italy, where it assumes a strategic importance for better compete internationally, but also to simplify all the procedures relating to securities of industrial property through the provision of tools to meet the most immediate administrative practices, thereby the contrast of counterfeiting to protect citizens and consumers. “
    The regulation responds to the needs of the discipline of filing of applications, instances, methods of enforcement proceedings on the opposition and the business conducted by consultants in industrial property.
    The new rules, the result also of comparison with the industrial property consultants directly involved in the procedures for lodging at the General Directorate for Combating Counterfeiting – Italian Patent and Trademark Office, is the result of a common will of the government and users have facilitation procedures in obtaining and managing industrial property titles, in accordance with Community and international law.

    The regulation responds to the needs of the discipline of filing of applications, instances, methods of enforcement proceedings on the opposition and the business conducted by consultants in industrial property.

    Among the most important aspects are noted:

    1. the procedures for filing notice of opposition under Article. 176 C.P.I. and subsequent filings;

    2. the convening and conduct of the Register of industrial property consultants enabled;

    3. filing on paper and electronically to: applications; instances, deeds, documents and appeals notified; Italian translation of the claims of European patent applications and published texts of European patents granted or maintained in amended form.

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    ]]>     http://www.justice4akom.com/regulations-implementing-the-code-of-intellectual-property.htm/feed 0     Stand their ideology on abortion at Cota and Zaia http://www.justice4akom.com/stand-their-ideology-on-abortion-at-cota-and-zaia.htm http://www.justice4akom.com/stand-their-ideology-on-abortion-at-cota-and-zaia.htm#comments Tue, 13 Apr 2010 14:50:02 +0000 Akbar http://www.justice4akom.com/?p=39 The stance of neo-governor of Piedmont, followed closely by his colleague and “friend” of the Venetian party, the abortion pill RU486 – the two presidents Northern League threatens not to deploy – once praised by the Vatican has an ideological background ( rather than moral) and produces a break which does not correspond to what is expected of two newly elected governors of regions important (but not only), and especially what the country needs. And that is all serious and respectful application of Law 194. The pill has received the OK of the technical committees responsible for what concerns the possibility of taking it and does not pose, it seems, health and medical problems. The ethical-political RU486 is part of the path traced by law to the extent that reduces the risks for women and at the same time – but the point here is – does not make abortion a solution ready-to-wear. Abortion is always a tragedy for the woman but also because that is the interruption Of Independence the birth of a life. As we have already had occasion to write you can not address such a question merely part of a physiological fact, whatever the ethical-moral (or religious) from which we observe, requires a caution and sensitivity that are not compatible with a light approach. Must be guaranteed the right of women not to get pregnant who does not want provided it is put in a position to choose freely, or beyond all conditioning (contingent) psychological or social-economic. This key is not farfetched the question that is posed by Catholic circles in our politics, “not trivialization” of abortion, and – while you ensure that hospitals are places “comfortable” for the people, just freely, decide to make that choice – it makes sense to pose the issue of whether it should be taking the pill in a situation that does not prevent it but even to make it insignificant as in the case of hospitalization (in those hospitals, “cozy”). Everything else is pure ideology, which divides the country and does not address the problem seriously. Now the intervention of Donadi.

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