A Home Equity Loan For Debt Consolidation: Comparing The Pros, Cons, And Alternatives

If you’re a homeowner who’s taken on too much debt, a financial product known as a home equity loan may help you escape it. Although taking on a home equity loan can be risky — after all, your house is used as collateral for the loan — the product’s rates are typically lower than those like credit cards or personal loans. “As long as you have a steady source of income and know that you will be able to repay the loan in a timely manner, the lower fixed rates of a home equity loan make them a sensible choice,” says Richard Ortoli, co-founder of New York City law firm Ortoli Rosenstadt LLP.

New York, NY – July 26, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented FlexTrade Systems Inc., a global leader in multi-asset execution and order management systems, in the approximately $125 million[1] cash sale of its FX trading platform MaxxTrader to the Singapore Exchange (SGX). The acquisition is...

NEW YORK, July 20, 2021 /PRNewswire/ — Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that Jason Ye, firm’s Partner and Asia Practice Co-Chair is a recipient of the 2021 Outstanding 50 Asian Americans in Business Award established by the Asian American Business Development Center. Each year, the prestigious award highlights the highest achievements of Asian...

New York, NY – July 9, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, is pleased to announce that it represented selling shareholder GDD International Holding Company (“GDD International”) in connection with a public offering by Grid Dyanmics Holdings Inc., an emerging leader in enterprise-level digital transformations whose shares are listed on the Nasdaq...

New York, NY – July 5, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented Network 1 Financial Securities, Inc. in the $50 million initial public offering and NASDAQ listing of Mountain Crest Acquisition Corp, a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition,...

“The right [of rescission] remains in effect until midnight of the third business day following consummation, or delivery of all material disclosures regarding the loan, whichever occurs last,” says Richard Ortoli, co-founder of New York law firm Ortoli Rosenstadt LLP and head of the firm’s real estate and international practices. “If the disclosures are inaccurate, the...

New York, NY – June 23, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, announced today that it represented Magnaghi Aeronautica USA Inc., the U.S. holding company of Italian-based aerospace company Magnaghi Aeronautica S.p.A., in its acquisition of Airmarine Electroplating Corporation and Airlift Hydraulics, Inc. The transaction closed on April 1, 2021, and the Ortoli Rosenstadt...

Ortoli Rosenstadt LLP, a New York full-service international law firm, announced today that its co-founder and head of the firm’s Real Estate and International practices, Richard Ortoli, was re-elected on Sunday May 30, 2021 as one of the five “conseiller des Français de l’étranger” for the Tristate area and Bermuda Consular District (representatives of the 29,000...

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New York

Ortoli | Rosenstadt
LLP

366 Madison Ave, 3rd Flr,
New York, NY 10017

+1 212 588-0022

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Miami

Ortoli | Rosenstadt
LLP

1000 Brickell Avenue, Suite 400,
Miami, FL 33131

+1 786 289-0022

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Singapore

Ortoli | Rosenstadt
LLP

20 Collyer Quay, Suite 14-01,
Singapore 049319

+65 8444 7243