Exact(8)
So we got a fresh financial start," he said.
Many newcomers are, like Mr. Ripka, middle-age family men angling for a fresh financial start.
The purpose of the law is to enable debtors to make a fresh financial start, not to make it possible for individuals to get out of contracts they dislike.
Urging parents to seriously consider equity-based investments, Mr Brocklebank added: "They need to start thinking of, and contributing to, Junior ISAs in the same way they do their own pensions, the difference being that they are ring-fencing money for their children to give them a decent financial start when they reach adulthood".
For many Americans among the more than one million debtors whose financial troubles are expected to drive them into bankruptcy next year, the route to a fresh financial start would be far more complicated under a bill that is now before the Senate and appears likely to become law.
Frankly, the biggest mistake I see people making is not considering bankruptcy early enough to exercise their legal right to get a fresh financial start.
Similar(51)
Other British financial start-ups are tapping American investors.
Backed by venture capital firms like Index Ventures, the financial start-ups are taking on entrenched incumbents by using technology to pare back costs and improve the customer experience.
Companies like Intuit that sell boxed software have been struggling to gain their footing on the Web as free, online financial start-ups like Mint, SmartyPig and Wesabe have surged in popularity for their simplicity and ease of use, said Emmett Higdon, a senior analyst with Forrester Research who specializes in the online banking industry.
Instead, here he was in this city trying to persuade a skeptical audience of middle managers at a credit union to hand over the keys to their 401(k) plans to Blooom, the financial start-up he joined a year ago.
Richards Spears Kibbe & Orbe recently completed a lease with Lehman Brothers to lease about 90,000 square feet at 1 World Financial, starting at $41 a square foot.
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