Category: Articles

I.          Background. The pawn industry and business model has a longstanding history throughout world history. The industry began over 3,000 years ago in Ancient China as a way to grant short‑term credit to peasants. The business made its way over to ancient Greece and Rome, giving merchants a way to get small shops off the… Continue reading PAWN SHOPS AND ELECTRONIC SIGNATURES

RIGHTS AND REMEDIES REGARDING STOLEN PROPERTY:Law Enforcement, Pawnbrokers, and Victims Introduction.   A borrower pawns personal property.  The pawnbrokers loans the borrower money, collateralized by the property.  The property turns out to be stolen, or allegedly stolen.  Law enforcement places a hold on the collateral, or worse, seizes the collateral.  A victim claims the stolen property is his… Continue reading RIGHTS AND REMEDIES REGARDING STOLEN PROPERTY

A mechanics lien is a “hold” against your property, filed by an unpaid contractor, subcontractor, laborer, or material supplier, and is recorded with the county recorder’s office. If unpaid, it allows a foreclosure action, forcing the sale of the property in lieu of compensation. A lien can result when the prime contractor (referred to as… Continue reading MECHANIC’S LIENS

If you are 62 or older, reverse mortgages are a way to borrow against the equity in your home (the value of your home minus any mortgage debt you may have) to provide what may be tax-free income (often referred to as cash flow). A reverse mortgage requires no scheduled loan payments until the loan… Continue reading THE BASICS OF REVERSE MORTGAGES