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Henry Byers's Articles in Finance

  • Invoice Factoring As A Short-Term Cash Flow Solution
    Invoice factoring refers to the practice where smaller companies sell invoices in order to receive money today. IN this case they do not have to wait for a credit period of 30, 60, or 90 days. Thus by selling invoices smaller companies do not create debt. This practice of invoice factoring is basically used as a finance management tool.

    This practice of invoice factoring is usually adopted to avoid any loans or giving any collateral against availing any loan. The fee for ...
  • Revealing The Truth Behind The Garnishment Laws
    Garnishment law has been in force to improvise the mode of collection of payment for the money due towards the federal government or any other creditor. Garnishment law also states wage garnishment according to which the money is deducted directly from the person’s salary after assessing the monthly expenses vis-à-vis monthly income.

    Garnishment law can be levied by any agency and is not limited to the IRS. Any private creditor, federal government department, or even an e...

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