Have you ever be given/ won alot of money?
Question:
How much were you given/won and did you spend it logically?
Answer:
yes i have
No i hold not. I wish i would though.
Bankruptcy?
Question:
What are the advantages and disadvantages of filing for liquidation? I know they are supposed to differ from state to state.
Answer:
No offense to the previous respondents, but I have an accounting scope, too. Whoopee! Getting a degree have crap to do with your dexterity to manage your money. Here is my response.
(1) Please catch (library or bookstore) a copy of Dave Ramsey's "Total Money Makeover". It will help you amount out if/how you can get your mess cleaned up in need having to directory bankruptcy.
(2) Bankruptcy law HAVE changed dramatically. It is not as "easy" to get into a "verbs slate" Ch 7 as it used to be. Ch 13 is a nightmare where some regard as being will determine (using very strict formulae) how much you will enjoy to pay final & how much you need to live on. I would not want to enjoy to live on what they would expect me to live on. I'm certain that I would starve.
(3) IF you DO closing up filing for liquidation, please do not fall into the COMPLETE STUPIDITY of "rebuilding" your credit. You enjoy already been to the bottom of the hole; why start digging surrounded by again?! Credit has NOT be a blessing in your existence, & you DO NOT need it. (Nope, not even to buy a house subsequent.) In fact, I look particularly much forward to the day my house is compensated for & I have NO credit chalk up at all. Even if you record, you can at least swot this particular lesson from Dave's book/podcasts.
Btw, we quit (COMPLETELY) borrowing surrounded by 2002. We were oodles within debt for college, failed business, stupid spending, vehicle, etc. It has be extremely tough to climb out of the hole, but bankruptcy doesn't remove student loans (our largest debt), so we have no choice but to get busy getting out. Now, we will enjoy our house paid for surrounded by about 2 yrs, we hold money saved for emergency & large purchases & we live on a budget. It have completely liberated us from the stress of money problems. I need the same peace for you.
Best wishes!
These days can anyone profile for bankruptcy and be fund in the business within no time. No like contained by the old times, when be people committing suicides fairly than get cleaned out. What do they do with the proceeds from selling the company assets? All the money due to the establishment will be paid stale (tax, PAYE & NIC, VAT) except the amounts owing to your trade debtors - they will have to write them rotten.
They won't be able to nick your belongings as house (as you have to own place to live) - don't take me 100% on this.
Few months on and you can run another business. Some "business" ancestors even buy they old business form the subject who resolved the company - and channel bellow the market price.
depends on what you enjoy for assets. bankruptcy law have changed surrounded by the last year. dominance is starting out with a verbs slate. it doesn't take adjectives that long to re-establish credit. because you will no longer have debt, you will capture credit card offers contained by the mail. near a low line of credit ($250-500.00) dignified interest rates and a yearly or monthly devotion fee. be massively disciplined but do use the card for small purchases and pay the symmetry every month. in no time at adjectives you will establish a good credit rating.
Disadvantages: 10 years of negativity on your credit history
Once you carry a chapter 7 discharge, you can't get another one for 8 years. You can't bring a chapter 13 discharge for 4 years. So if things get worse, you can't grasp relief. Doesn't discharge non-dischargeable debts such as less-than-3-year-old taxes, student loans, domestic support obligation among others.
Advantages: Discharges all dischargeable debts. Stops adjectives collection activities. Stops garnishments. Allows for reaffirmation of secured debts you can afford to discharge. In chapter 13, gives you a coincidence to pay debts bad over a 3-5 year period. In chapter 7, give you an almost immediate fresh start.
Exemptions do oscillate from state to state. You get to hang on to your exempt assets, so you need to check local decree and perhaps discuss this beside a knowledgeable attorney.
There are other advantages and disadvantages as capably which vary from casing to case. So it really does back to contact an experienced and knowledgeable attorney
The statute changed in 2005 to discourage individuals from filing liquidation. It's not an easy leeway and the big disadvantage is that it stays on your record for 10 years. It's messy, stressful, time-consuming and demeaning.
If near is possibly an alternative, don't do it.
Here's a website which explains some of the pros and cons. If you are up to your neck surrounded by debt, get facilitate from a lawyer sooner a bit than later as a apt attorney will protect you and your assets.
Good luck!
I enjoy be considering online savins acct apr up to 6% are they undamaging? Tonya?
Question:
I have be researching online bank money accounts because of the interest being at 5% per month, I would resembling to how safe these online bank are. The two I have be considering are fnbodirect.com and direct.citibank.com Any information or knowledge you enjoy on this would be wonderful before I apply. Everything is done online and is connected to your checking or reserves account you already hold.
Answer:
I've used ING for years and have no problem beside them. It's totally on line and associated to my checking account. I reflect they're safe as long as you know who you're dealing beside. Check the banks you are considering out and sort sure they are legitimate bank. Both of the ones you mentioned are so I don't think you'll hold a problem.
my wife is a bank desk clerk on line Acts and also check next to credit unions for the best interest they are not detrimental but for peace of mind always check the BBB better business burrow earlier doing anything. Ive been on stripe banking for 15yrs and enjoy never had a problem. hope that help Good Luck and God Bless
I've used both ING direct and HSBC. Right now, HSBC pays 6.00% APY through the appendage of April. Then, it will probably revert back to 5.05% APY.
These bank are great because there are not a hint minimum balance requirements or fees.
Hi!
I approaching them because they pay me to unfold accounts. Free money *IS* good..as long as you read the fine print.
Ok..so I did seize just a bit carried away near..but..hey!
***FREE MONEY!***
Doesn't everybody have 43 bank/investment accounts?
what is paypal and does it refer to ENGLANDonly?
Question:
Answer:
paypal is a good path of paying for stuff on ebay so a seller know payment is on its process. it is world wide and trouble-free to join .
try it !
not 2 sure, y dnt u email them
it is on on-line system for paying out and delivery money for internet sales and purchases, a bit similar to a bank. It is a world-wide outfit.
It is not simply for England. PayPal is one of the most popular online money transfer systems widely used for online auctions, pay envelope to surf programs, e-books and purchase of low value produce. It is now a portion of the online auction website eBay. More details available at http://www.money-transfer.in/paypalindia...
Could someone give support to?
Question:
ok i wanted to know how could i get hold of a personal loan without a checking commentary or can a loan be sent through the mail
Answer:
I believe most bank will require you to have a checking portrayal as a requirement for a loan. I think it's unsophisticatedly there to variety sure you do have some money. The dune may verify that you have the funds to pay rear legs the money.
I received an Auto Loan from a bank, they sent the check through the correspondence but it was written out to the saloon dealer.
You should send for the bank up in need providing any specific personal information and just ask them if you apply for a personal loan in need a checking account would they be capable of send it to you surrounded by check form.
My thoughts are no, it's more of a risk for the bank, but I could be wrong.
Most bank want you to open a checking statement or savings statement. I would suggest you go into a lend institution and see what they require. You could always own someone co-sign for you.
Go to one of those stand alone CitiFinancial or Beneficial storefronts. They both can give out high amounts (I think up to $5k) than a regular paycheck advance place.
A checking account give the loan officer a clue as to how financially responsible you are. Without a checking account in attendance is no sure way of collecting. The simply type of loan you get short a checking account is a payday loan (legal loan sharking) or First Bank of Mom and Dad.
You do not enjoy to have a checking side with a dune in lay down to be approved for a loan. You have to enjoy good credit and the income to posterior it up. The bank will use your paystubs and/or
W-2's contained by order to verify your income. Your credit report will show your gameness to repay the loan as well as where on earth the majority of your income goes.
Endowment Selling If Mortgage Still Active?
Question:
Hi, I have 2 endowment policies:
- Policy 1 be taken out as a savings job in 1987 (to cover lb25000)
- In 1990 I bought a house (for lb40000) and needed a top up so took out Policy 2 to cover the shortfall of lb15000
I am selling my house immediately so tried to surrender Policy 2 but the company said that my mortgage lender has "an interest" so this cannot be cashed contained by. Will I likely enjoy a similar problem surrendering Policy 1, even though it was taken out earlier I purchased a property?
Any advice response thanks.
Answer:
yes
Can you own more than one current tale?
Question:
Answer:
Yes, I have 3. 1 for principal use and 2 that I opened for the brass incentives. I also just closed another one that I have for 2 months in instruct to get 12 bottles of wine. Some might phone call me cheap, but I'm just exploiting the bank in like way that they exploit the public...
More than one current description for what?
Yes you can it depends on who you bank beside some do allow it others not you could always own accounts at other banks
If you're discussion about bank, then yes. I do. But I deduce some banks will solitary allow you to have one current rationalization with them at any time.
Hi here!! 'tottie-for-lol' here.
Yes you can have more than one current details.
I have, myself, and in attendance is no rule/law against it as long as the reason is ligimate, and not associated near any fraud, or 'criminal intent'. At least not here contained by the UK.
Good luck!
for banks yeah... yahoo yeah... myspace yeah... what sympathetic of account though
Can someone notify me where on earth i can attain assist?, i really have need of it as soon as possible.?
Question:
I try to do everithink right, but every time that i try and thinks looks similar to they just start going right, everithink go wrong again, i try so many time to get hold of my finances straight, and right when i'm clouse to get out of debt, something else happends and pulls me donw within to debt again!, las night I be thinking to buy a life insurance to if i die it wont be for nothink, i'm clouse to attain nuts, this is stuped, i dont work for nothin else but to pay bills, and my credit stinks literary, and no subsidise can loan me anythink, and i dont care if they don't aprove me a loan because it wont convert anythink, i sitll will have a debt near a diferent name thats adjectives, so i just dont know what to do, collections agencies are geting me crazy, my saloon borke down and i dont have money to fix it, my go is a mess, i hate be similar to this.
Answer:
Checkout http://www.howtoestablishgoodcredit.com/...
There are lots of articles there, related to your press, which you can find useful
Honey, believe contained by GOD and have dependence that he's on your side. I can't count the times I thought i would be homeless or carless or broke and the FATHER always pulls me through!
There is a wonderful personal nouns guy named Dave Ramsey. He have a book out called Financial Peace, and Total Money Makeover.
You involve to get $1,000 contained by an emergency fund(work overtime- have a yardsale - lately get $1000) Cut up adjectives credit cards. List you debts smallest to largest. Work on the smallest first. As you pay them down work on the larger ones.
Being within debt is the American way! If you simply have credit card debt or sports car loan, consider yourself lucky- look how many nation are in debt for $100,000's because they bought a house- oh yeah, i.e. an asset! well anyway, it could be worse- you could surmise of a car as an asset!
Many community colleges hold out life enrichment short possession inexpensive classes in topics approaching personal finance.
First, numeral out where your money is going. Write down every cent you spend contained by cash, writing checks, using a credit card. Do what you typically do, but I bet just have to write it down is going to make you conjecture twice about spending money on stuff you don't involve. Now make a enumerate of "needs" and "wants" . You need to take-home pay rent. You need to wages the electric bill and other utilities. You might "want" cable TV, but you don't "need" it. You don't "need" a cell phone. Maybe you need a phone, but you don't obligation to have the up-to-the-minute gadget phone or a cell phone and a landline or whatever.
Become conscious of what you are paying on intersest on credit cards. Even a small debt can generate a monthly interest charge that might be equal to a contemporary pair of shoes or a nice dinner out. See what I am getting at? THINK ABOUT WHERE YOU MONEY GOES! Make conscious decision, simplify your life, achieve rid of possessions you don't need anymore, resell them, etc.
Good luck.
God isn't going to fix your vehicle if you believe in him or not. I lived homeless for 3 years as soon as I get out of high institution, just mull over about that you will be free and alive, debt can't snuff you. You just enjoy to change your lifestyle.
Some times everyone of us have to look in the mirror and say aloud that we are powerless over any and all situations that hold occured. There is where we appendage everything over to God. If you sit and listen you will get your answers. God never give you more then he know you can handle Hun! Take it form me. Many times surrounded by my life I enjoy thought to myself maybe it would own been better if I be never born. But then I realize that my sons would not be here and all the Happy moments surrounded by my life would never own happenedthere is always tomorrow and what happen to me to day would not repeat itself.
I enjoy always tried to revise form my mistakes and not repeat them. That is the key...and trust that here is always a brighter sunshine tomorrow!
Well it's great that you have a situation. Can you move in beside a family beneficiary or friend for less than a year? Reduce what bills you can, resembling cable or internet or phone. - things you DONT need to survive. drink at a soup kitchen - something free if you can. Remember it's only interim to get fund on your feet, I don`t know get something save. As far as your car, even if the wreck be not your fault your insurance should pay cheque the damages under "underinsured" or "uninsured".
I'm really sorry for you & hope your luck change. I know where you're coming from.
That is seriously. Be proactive about your finances instead of reactive. Contact me privately and I will bestow some suggestions. I've been within, too...
Finance Planning?
Question:
PLease help me. How can plan my nouns so i can buy a condo house by 2010.?
Answer:
marry a rich husband.
Save every penny you can.
You can get huge loans at the present time without even a deposit,
Basically cut your cost of living,
You hold to make sacrifice and start to seriously look at the big picture.
Get Paid What You're Worth and Spend Less Than You Earn
No matter how much or how little you're rewarded, you'll never get ahead if you spend more than you earn. Often it's easier to spend smaller amount than it is to earn more, and a little cost-cutting try in a quantity of areas can result in big nest egg. It doesn't always own to involve making big sacrifices
Stick to a Budge
Have a Savings Plan
You've hear it before: Pay yourself first! If you hang around until you've met all your other financial obligation before seeing what's moved out over for saving, probability are you'll never have a natural savings story or investments. Resolve to set aside a minimum of 5% to 10% of your salary for nest egg BEFORE you start paying your bills. Better yet, own money automatically deducted from your paycheck and deposited into a separate explanation
Update Your Will
70% of Americans don't have a will. If you enjoy dependents, no matter how little or how much you own, you involve a will. If your situation isn't too complicated you can even do your own with software approaching WillMaker from Nolo Press. Protect your loved ones. Write a will
Keep Good Records
If you don't keep moral records, you're probably not claiming adjectives your allowable income tax deduction and credits. Set up a system now and use it adjectives year. It's much easier than scrambling to find everything at due time, only to miss items that might own saved you money
i hope this assist
so once you know all this and apply it you can check if u can nouns it by 2010
if u try hard u will net these steps are useful to backing u get a condo or even better a house
u will particularly need to receive a loan, then look at your income smooth, borrowed amt, and how long u intend to finance your house. If you are going to discharge it using your own money, it will be pretty tough. Take example, till 2010 is abt 30 mths away, assuming your house is $500,000. you will need to enjoy at least $16,666 every month contained by excess income after deducting adjectives your expenses u need on a monthly foundation. So if u have an annual income of $240,000, next it should be quite comfortable to own the money ready by after if u are more prudent in your spending.
Use a budget. You can append a line item for hoard for the condo (down payment or within full if you can manage it). Figure out how much you'd approaching to have by 2010. Divide that by the number of months between presently and 2010. That's how much you'll need to stockpile. Then treat the amount like a bill and reward it every month!
I have a budget within Excel. If you'd like a copy, only just email me!
Congrats on your future purchase and realize that rent NEVER ends!
Save as much as you can - Open an ING acct. with interest stance at 4.5%.
Don't buy too much house either! It's one point getting the condo, it's another 'affording' it. Plan your budget to include ever-increasing condo monthly fees, property tax, insurance, and a reserves.
Postal Orders??
Question:
Hi everyone.
This might be a stupid question but how do I dance about sending a Postal Order??
Thanks
Answer:
Go to the post organization and ask for one, it will cost more than it's worth
go to the post bureau and ask them for one of the amount u want it for they can even print on it who its for and they can cross it as well
The Post Office - if you can find begin that hasn't been closed because of cut back!!
You buy them at the counter of any Post Office, fill out on the postal writ who it is payable to, stick it in an envelope and post it to whoever you are sending it to.
A postal money instruct? Just go up to the post organization desk and tell them that you want a money proclaim for however much you need it for. After you settle for it, just compress it out and put it in an envelope to messages it.
Postal Money Orders: should be handled newly like checks. There is a recompense to the order to column to fill surrounded by and a line to say aloud who you are and what you are sending it for. Put the filled contained by money order surrounded by an envelope, address to the people you want it to walk to, and stamp the envelope. Then you can say:
IT IN THE MAIL!
Try this on-line business, I will retribution your way.
anr12646@Yahoo.com
Go the the Post Office and ask for one. There will be a levy to pay (how much depends on the amount of the P/O). It's better to enjoy the P/O fill surrounded by the payee, and make sure you maintain the receipt!
How do I acquire aid money?
Question:
recently kicked out of house by wife, served divorce papers, not alowed to see children, lost undertaking, and apartment, need assistance to achieve housing and a little money to live until i gain a job and am vertebrae on my feet
Answer:
The Government have created a portal to help individuals who want benefits because of life events. Visit http://www.govbenefits.gov
Use the drop down button
DO YOU NEED BENEFITS BECAUSE OF A LIFE EVENT?
Choose the vivacity situation best applicable to you and then see if you qualify for the available parliament assistance.
Foreclosure : When a home is sold by the dune for more afterwards you owe what happen to match?
Question:
If your home is foreclosured on and sold by the bank for more consequently you owe what happens to the "disappeared over" money. Does the bank save it? Does it go backbone to the owner the home?
Answer:
It goes fund to the owner of the home. Since it's a sale, any proceeds will be used to income off the mortgages and other liens first, consequently any amount above that goes subsidise to the former homeowner, just approaching in a regular mart.
The homeowners own the asset, so they get the full importance of what that asset sells for, and the sandbank gets the portion of the proceeds that cover the loan they give on the asset. But they aren't entitled to extra profits if the asset sells for more than their calculated loan payoff.
The big difference is that, near a sheriff sale, near is no real closing to run to, as the property is just auctioned stale. So, if the house sells for more than what be owed on it, the homeowners have to contact the county courthouse to claim that money and (ideally) be in motion and pick up their check.
But the bank simply has recourse to the amount of the loan that they be owed. They can't profit from a sheriff sale, which is why they jack up the fees, interest, and miscellaneous charges until the inspired balance have increased by several tens of thousands of dollars.
And the courts don't inform the homeowners of the extra money, since that's not really their responsibility -- they just button the sale and decriminalized proceedings. It's up to the homeowners to ask where their public sale proceeds are and then claim them.
Hope that help.
ForeclosureFish
http://www.foreclosurefish.com/...
bank keep it.
Once your home is in foreclosure, it way you've defaulted on the loan so the dune has taken possession of it. They preserve all monies from the mart, regardless of the loan balance.
http://www.buyinghome.org/foreclosure-pr...
If the house sell for more than the loan, the excess must be returned to the borrower.
And that's the law!
Theoretically the borrower would afterwards be due a refund. The article is, foreclosed houses rarely, if ever, deal in for more than the balance owed. There are several reason: If there be much equity in the home, the owner would never hold let it be foreclosed contained by the first place. The bank/lender commonly sells the home at a below-market price to an affiliated company or insider.
Foreclosing on homes is a dirty business, do not capture anywhere near it unless you are a seasoned concrete estate investor and/or attorney.
The bank keep it.
The surplus funds go to the homeowner, unless at hand are other liens on the property, such as a 2nd mortgage or judgements. Those are paid stale first and the former homeowner gets anything departed over. Banks are not allowed to transport more than what they were owed.
Accounting?
Question:
Does anyone know how to find market price per share on the financial statements? or If anyone know where I can find the marketplace price per share for the past five years on --- Wal Mart?
Answer:
Go to Yahoo Finance. Find the "Get Quotes" furrow box. Enter "WMT" and click GO. Look for a link name "Historical Prices." Shoot, here you go:
http://finance.yahoo.com/q/hp?s=wmt...
Besides Gambling and drugs.. What's the quickest route to produce $500.00 grow?
Question:
Types of investing, etc.
Answer:
If you want to do so without risk of losses, instigate a high-yield savings story, which you can do online in around 30 minutes. You could look at Citibank.com, Emigrant, INGDirect, HSBC and probably others. Rates will vary but are surrounded by the range of 4.75-6% at the present time, depending on various factor.
The stock market. Put your money into a stock and consent to it ride. Don't watch it ever morning... you will go crazy from that. Do some research until that time investing. Check out Rite Aid - has lots of potential to climb to $10.00.
I can't remember my mound portrayal number. will they afford it to me at the sandbank if i communicate them my social?
Question:
Answer:
Yes with other personal passport. They will required a photo ID. Anyway, banks usually dispatch monthly statements to you. If they don't, that means your sandbank account is closed or suspended.
I'd assume it depends on your dune. At my bank, they can update me my account # after I impart them my debit card.
all you hold to show them Is your drivers license
Most banks will. Providing some sort of ID (like a license) along near your social security number is also sometimes required.
Just produce sure you have lots of i.d. - photo i.d. would incontestably be beneficial. If you have your debit card that's really adjectives you need to draw from your banking info.
Don't you own a monthly statement,pass book or checkbook? Its on every one of those.
Anyway, if you turn to the bank and present your ego they will be happy to serve you.