Business & Finance - 12 June 2007

My mother owes Social Security about $140,000 in back payment (due to years of an error on their end). Nevertheless, she worked out a deal w/them to pay them back, but believes that she will be paying them back every month until she dies. Which got me to wondering. If she still owes when that time comes, can they take the amount owed out of her life insurance beneficiary payment? They told her that they cannot set up to have payments come from her monthly pension checks because that is a private fund rather than a goverment fund check. So, does this mean that they can't take out money owed from the insurance check? I was just wondering how this worked. Does anyone know??

2007-06-12 07:19:38 · 3 answers · asked by Anonymous in Insurance

I have a secured credit card which I got it when I came to US. Now i have unsecured credit cards. I want to cancel the secured one since there I have a secured deposite. what happens If I cancel that card. Will I be loosing all the credit history that has been accruded so far?

2007-06-12 07:18:08 · 15 answers · asked by rahul k 1 in Credit

soo im getting a job and im under 18, so minor; and my employer wants to know if i wanted to claim exempt or zero. someone tell me what it is and which one i should choose.

employer: supermarket


thanks

2007-06-12 07:18:08 · 6 answers · asked by nomansland 2 in United States

i work my butt off, but no matter how hard i try it seems like i can never save...i have 1,289 dollars in my savings account that i WONT touch...but its been that way for years...i want to start saving more to make that grow....do you think im too young to get someone to try and help me with money matters??? how much does a good finacial advisor cost?

2007-06-12 07:13:50 · 10 answers · asked by Ash 4 in Other - Business & Finance

Has anyone heard anything good or bad about Countrywide? Has anyone delt with them before? I'm lookin to buy a house and need some info on this company.

2007-06-12 07:11:38 · 7 answers · asked by Cowboy 1 in Renting & Real Estate

aktors dont desirve more money than doktors ect. but why do they?

2007-06-12 07:10:46 · 18 answers · asked by jm 2 in Other - Careers & Employment

I am closing on my house and all closing costs will be paid by builder (pioneer) I will not be using the money I put down on upgrades and closing costs. How long will it take for these monies to be returned to me?

2007-06-12 07:10:26 · 5 answers · asked by jonetta_williams 2 in Renting & Real Estate

Someone I worked for a few years ago is being investigated be the IRS. At the time I worked for him, there was a period where I would calculate the sales tax owed and fill out the little coupon he had to turn in to the IRS. He is in a lot of trouble now it seems, for not paying his taxes. Could this cause any heat for me? I guess I just worry about my signature being on that little coupon. I have gone through the whole interview and afadavit(sp?) process, answering all the questions the IRS had about my time employed there.
I guess I am just a little nervous because the IRS is made to seem like this horrible agency and I do not know much about all the regulations and laws they have.

2007-06-12 07:10:17 · 4 answers · asked by jefapralenes 1 in United States

I work for a major mortgage mortgage firm (multi billion dollar firm), but due to the recent crash in the industry they are preparing for a company wide layoff. My job may be at risk... i have been here for 5 years and i make pretty good money but for the past year or so things have gone down hill. No more bonuses, no more salary increases, no motive! I have nother job lined up ... its a manager position in the retail business, should i jump ship and just go for this new job or wait and see what happens? Oh yeah, this new job is only available for a short period of time so its either now or never ... advise???

2007-06-12 07:08:17 · 7 answers · asked by civic_si 1 in Other - Business & Finance

Salaried employee for an LLC. Traveling out of state for work related business for 5 days. Should I be paid a per diem or have meals refunded? They are paying for my hotel, but I am not sure about the per diem, and am uncertain how to bring up the issue.

Is there a reasonable expectation to receive a per diem in this situation? Is there some sort of legal right to a per diem or food refund? Company is based in California, I'm flying out of state.

2007-06-12 07:06:13 · 5 answers · asked by Ray L 1 in Small Business

2007-06-12 07:03:20 · 8 answers · asked by Martin K 1 in Renting & Real Estate

I am a US citizen and graduate student in MA

2007-06-12 07:00:21 · 7 answers · asked by lucky7mcnugget 1 in United States

My bank went from offering me one interest rate, then increased it to another rate and now want to increase it to another. I refuse to pay such a high interest rate! Will my earnest money be reinbursed if the appraiser and surveyor have already completed their work???

When is it too late to back out of buying a house?

2007-06-12 06:59:40 · 6 answers · asked by Smiles 4 in Renting & Real Estate

2007-06-12 06:58:33 · 2 answers · asked by Cutie Gurl 1 in Health Care

And does this system exist anywhere else other than the UK?

I am not a lawyer or an estate agent, but it seems to me that when you "buy" a house on leasehold, you're paying the same as for freehold (where you would get the deeds and become the legal owner), but instead you just get the right to live in the property for a certain period without actually owning it. Once the lease expires, your investment of tens (hundreds?) of thousands of pounds is worth nothing, while the real owner can make an obscene amount of money by "selling" the property again while holding onto the deeds.

I can see what's in it for the owners, but why would anyone "buy" a house that they'll never actually own?

If the UK government really believes that everyone should have the right to own their own home, isn't it about time they abolished this archaic and ridiculous practice?

2007-06-12 06:58:02 · 3 answers · asked by Anonymous in Renting & Real Estate

2007-06-12 06:57:41 · 5 answers · asked by broken heart 2 in Renting & Real Estate

I want to buy a new car because I want to boost up my credit rating so I can get a house later in life. Now I have enough money to purchase a decent car with cash. Will this affect my credit rating? Maybe I should get the loan and pay it off quickly?

2007-06-12 06:55:16 · 10 answers · asked by Jacob B 2 in Credit

2007-06-12 06:53:36 · 6 answers · asked by adam.southward 1 in Personal Finance

How do you spend less and afford to pay your bills at the end of each month?

I'm about to start working and I would love to know how some people budget and save their money. I don't plan on investing anytime soon so please don't give me tips on investing. I just need some tips on how I can save money and be able to pay off my bills. Thank you! =)

2007-06-12 06:51:48 · 7 answers · asked by NT 2 in Personal Finance

I know a mother that is claiming this credit for a child that is not residing with her. I do not feel this is legal and would like to know how to report this fraud

2007-06-12 06:48:41 · 4 answers · asked by Anonymous in Other - Taxes

Me and my roommate sighned a year lease. we are only in to it 6 months and i want to get out of it and move in with my girlfriend, because im never at my real house anyway, i spend all of my time at my girls house. how would i go about talking to the roommate about leaving. I pay excactly half of the rent, utilitys, cables etc. Money is really tight for me right now . and my girl doesnt want me to pay her anything. I dont want to be an a** by leaving the roommate high and dry, but i have to do what is best for me. How would you handle the situation...??????

2007-06-12 06:48:02 · 6 answers · asked by dav m 2 in Renting & Real Estate

2007-06-12 06:48:02 · 3 answers · asked by ramesh j 2 in Health Care

2007-06-12 06:47:39 · 18 answers · asked by jay ceesall 1 in Renting & Real Estate

First I had a phone interview on May 25. When she called in the end she will let me know if she wants me in for second interview or not by next week but then after few hrs I get a call she want me to come in for second interview on June 1. Now I went to interview on June 1. I was interviewed by two people. Both were managers and one of the mangers in the end said she will let me know in one or two weeks. They have not called so far. I did send thank you letter on June 4. I didn't get no reason to the letter and I called her on June 11 and left a message but it said she will be out of her office from June 11-13. I think interview went well but why I keep having negative feeling then. I really like this job a lot. I didn't call the second manager because I didn't have her number plus I think it be too much. They said I asked good questions and I could tell they were happy with the way I answered

2007-06-12 06:47:37 · 6 answers · asked by K K 1 in Other - Careers & Employment

If i had £400,000 cash to invest and wanted good return after 3yrs to invest elsewhere, would either of these seem like a good, short term, large gain option?
To invest in some flats worth 650,000 and pay off the 250,000 mortgage within 3 years to avoid paying lots of interest - then hopefully own outright some flats worth about 750,000
Or put the money in an account and just add the £90+ a year i would be using to pay off the mortgage
Option two there is no rental income (approx. £40,000 pa) but you avoid having to pay a high rate of interest on a mortgage but with option one there is the interest rate you will be receiving combined with the absence of any interest being paid on a mortgage + less hassle! - but then you will not benefit from the potential rise in value that the flats could see over the three years + rental income
Very unsure and any other ideas or helpful advice would be much appreciated
Many thanks

2007-06-12 06:44:51 · 4 answers · asked by Zna 1 in Investing

2007-06-12 06:43:46 · 6 answers · asked by Diggy 5 in Other - Business & Finance

2007-06-12 06:43:12 · 6 answers · asked by Anonymous in Other - Business & Finance

2007-06-12 06:42:02 · 5 answers · asked by broken heart 2 in Law & Legal

I'll write in bullet points to save space, and less confusing. Need any more info, ask.

1. Needed a car. Went to carcraft, bought a car off them. £100 deposit, £2,900 cash, and £2,500 finance off them. Contract signed, and drove home.

2. When I bought the car, it cam with their 3 month warrenty, and I bought another 3 years off them, on top of that.

3. One and half months later, the engine blew up on motorway. I took it to them, they said it needs a new engine, and they will fix it. I said fine. One and half months into their warrenty.

5. 9 weeks later I still havent got my car back. In theory, there warrenty has ran out, and its running on mine now. I am paying for a car I dont have, nothing

6 I want to cancel the agreement, but looking at the contract, it says I have to pay half the finance to cancel, which means bye to my £3000.

Do I have a right to ask for it back on the grounds that I feel they are incompetent, and have failed me on their part of the agreement of a seller?

2007-06-12 06:41:08 · 4 answers · asked by Anonymous in Other - Business & Finance

Our landlord wanted us to sign a lease on business office space we have been renting month by month. We refused to sign, but we continued paying our rent. Now he is claiming that because we paid rent we have, by default, accepted the lease. Is he correct? (We are in California)

2007-06-12 06:40:51 · 3 answers · asked by Anonymous in Renting & Real Estate