Big it firms seen consolidating
Debt consolidation is nothing more than a con because you think you're starting with a clean slate.
Lexis Nexis began publishing trends reports in 2013 based on billing information processed by legal departments through the company’s Counsel Link platform.“I think the trend will likely plateau at some point, but I don’t see it reversing,” she said.“Once a law department has reached the level of operational maturity where they’ve done the work to establish a preferred set of law firms, they’re unlikely to go back.” Consolidation was especially common in certain industries, according to the report, including retail and trade companies and information companies.INTV UPDATE: A New York federal jury on Friday found Brian Block, the former chief financial officer of ARCP, a giant REIT once controlled by Nicholas Schorsch, guilty of cooking the books at the net lease real estate investment trust.Register Now Research from Great-West Investments shows that participants nearing retirement are looking for advice and customized solutions.You can’t borrow your way out of debt in the same way you can’t get out of a hole by digging out the bottom.
Getting out of debt isn’t quick or easy, but it’s the first step to achieving lasting financial health. It simply means you’re taking out one loan to pay off a bunch of loans—or consolidating the debt to one payment.
In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements.
The taxation term of consolidation refers to the treatment of a group of companies and other entities as one entity for tax purposes.
Myth: Debt consolidation saves interest, and there’s one smaller payment.
Truth: Debt consolidation is dangerous because it only treats the symptom.
It’s mid-January, which means that at some point in the next four to six weeks or so, you’ll say to yourself, “I don’t get paid enough to do this shit.” And you might be right!