The Feynman-Schwinger representation provides a convenient framework for th
e calculation of nonperturbative propagators. In this paper we first invest
igate an analytically solvable case, namely the scalar QED in 0+1 dimension
. With this toy model we illustrate how the formalism works. The analytic r
esult for the self-energy is compared with the perturbative result. Next, u
sing a chi(2)phi interaction, we discuss the regularization of various dive
rgences encountered in this formalism. The ultraviolet divergence, which is
common in standard perturbative field theory applications, is removed by u
sing a Pauli-Villars regularization. We show that the divergence associated
with large Values of Feynman-Schwinger parameter s is spurious and it can
be avoided by using an imaginary Feynman parameter is. [S0556-2813(99)03111
-8].