Business & Finance - 18 July 2007

Someone told me that if you default on a student loan that the govt. does NOT have to take you to court to collect. That they can confiscate your bank assets, or securities or whatever in order to get their money.

this ddidn't seem right to me. Doesn't the govt still have to take you to court and prove that you are liable for that student loan. I mean, what happens if there had been any sort of mistake and they confiscated your $$ but had the name of the defaulter wrong.

I'm just wondering cause it seems civil rights are being violated left & right and I would have said 'no way' but after all these govt civil liberties abuses, I am not so sure anymore.

(I know they can garnish your wages--but I assume that that is after notification)

so.....does the gov't have to sue you in court to collect $$ from a defaulted student loan or can they just confiscate your accounts without warning?

2007-07-18 02:49:03 · 4 answers · asked by center of the universe 4 in Personal Finance

i tried / loans /cars/ videos/ insurance

2007-07-18 02:49:01 · 20 answers · asked by Effie 2 in Insurance

My license got suspended for a traffic violation. I need a license in order to continue my job and get my long awaited promotion. How do I got about applying and getting one.

2007-07-18 02:47:01 · 3 answers · asked by amelchor502 2 in Personal Finance

How do I expain the gaps on my resume? In June 2004, I was laid off from my HR job. I found out a few weeks later that I was pregnant. I didn't work throughout my entire pregnancy and when my daughter was born, I decided to be a stay-at-home mom. I re-joined the workforce in January 2006 but only worked until April 2006 when my husband got promoted and we relocated. Now, I am wanting to work again (I miss it). How do I possibly explain such long gaps in my work history? I would rather not mention to my potential employer that I have a small child-afraid it would hurt my chances.

2007-07-18 02:37:44 · 4 answers · asked by no name 4 in Other - Careers & Employment

two common methods for evaluating financial benefits of a project

2007-07-18 02:37:22 · 1 answers · asked by Ju-On 1 in Other - Business & Finance

I was wondering if there is a way to stay on that health insurance until I find a new employer?

2007-07-18 02:30:55 · 5 answers · asked by Mere Mortal 7 in Insurance

I am going for an interview for a Regional Property Manager Trainee position which is a very hard field to break into in my area. What sort of questions can I expect beyond the typical "where do you see yourself in 5 years" and "what qualities can you bring to our company". Please help. I want this job very badly and I am trying to prepare as much as a possibly can. Thank you.

2007-07-18 02:28:47 · 3 answers · asked by meggybucks1 3 in Other - Careers & Employment

Why does a dead man pay taxes,this person has been dead for three years and still pays tax, Why is that?

2007-07-18 02:27:52 · 5 answers · asked by Blond Bits 1 in Australia

most town homes have associations, what is the purpose? Is the association there to hassle and make up rediculous bilaws, or to maintain the parimeter?

2007-07-18 02:26:50 · 5 answers · asked by Anonymous in Renting & Real Estate

Plzzzzz!

2007-07-18 02:20:18 · 3 answers · asked by Anonymous in Small Business

i clean for about 20 people. some pay by check some pay cash. i keep records of what i make as well.

2007-07-18 02:20:03 · 4 answers · asked by d23man 1 in United States

If I installed energy efficient features in my house such as, Energy Star appliances, EcoQuest products, skylights, larger windows, and a solar power system on my roof; how much would these features contribute to the equity on my home?

2007-07-18 02:18:08 · 5 answers · asked by Haley0107 2 in Renting & Real Estate

They sent me home for the day, Do you think ill get fired?

2007-07-18 02:16:18 · 4 answers · asked by Anonymous in Corporations

what i have to write on the suppliers statement account if the balance is talying according to my statement

2007-07-18 02:13:28 · 1 answers · asked by Shujath A 1 in Other - Business & Finance

I live in Delaware.
I have an MBA and am curently getting BS in accounting. I'm thinking of taking a CPA exam - I have required education credits, but don't have enough work experience to get certified even if I pass it.
Do I need a CPA to have my own accounting firm?

2007-07-18 02:12:47 · 2 answers · asked by vajahar555 2 in Other - Business & Finance

I was thinking about selling my coop apartment to my LLC, in order to save on maintenance payments. My LLC does not make very much money, My coop requires yearly tax documents to see my income earned, so i was thinking if i put the coop into the LLC name i could save money, as well as limit my personal liability, is this possible?

2007-07-18 02:07:34 · 2 answers · asked by Campo 2 in Renting & Real Estate

I'm under 25, haven't had my drivers licence for long and started working at the beginning of this year. The vehicle insurance qoutes that I get are almost double the instalment of the car. Is there a way that you can convince your insurer that you are low risk?

I don't necesarily drink or smoke, if that ever does count.

2007-07-18 02:05:47 · 7 answers · asked by malisto 3 in Insurance

2007-07-18 02:00:27 · 4 answers · asked by Anonymous in United States

I know in some other states it is 6mo. any help is greatly appreciated!

Thanks!

2007-07-18 01:54:50 · 3 answers · asked by Anonymous in Other - Careers & Employment

I'm due to close on a house on the 31st and I'm not comfortable with this deal. I need the advice of a good lawyer who will have my best interest.

2007-07-18 01:43:09 · 6 answers · asked by mia 2 in Renting & Real Estate

2007-07-18 01:43:05 · 8 answers · asked by TBH/LMT 1 in Renting & Real Estate

2007-07-18 01:39:13 · 4 answers · asked by Marjorie D 1 in Personal Finance

SInce I do not currently work I want to take what little I have in my 401k and put it into something that will grow faster, like an IRA. I only have 3800$ since I didnt contribute until the last year I worked. I would like to grow that money quicker so I can pay for my future because I am 33 and want to be set by the age of 55. Is that dream resonable? I do plan to add to my plan by the way. When I have a little to invest I will add it.......

2007-07-18 01:25:23 · 7 answers · asked by steffiebqueen 1 in Personal Finance

2007-07-18 01:24:48 · 2 answers · asked by ruby 2 in Other - Careers & Employment

Hi Tax Gurus! We are newlyweds w/ no dependents, and we have a question about our W-4 and State personal withholding allowance tax forms. Right now we are both claiming 0 for our withholding allowances on our W-4 and state tax forms, so we are both getting the max. taken out in taxes each paycheck and get decent sized tax returns.
What we would like to do is have less taxes taken out from each check rather then get money back in the form of a large tax return. Ideally break even and not owe or receive money.
Here are our questions:
1.) Being married, between the both of us, what is the maximum number of withholding allowances are we able to legally claim?
2.) Does the number of withholding allowances on your state tax Personal Withholding Allowance Form have to match the number of withholding allowances you claim on your W-4?
3.) Does the number of withholding allowances you claim on your W-4/State forms have to match the the number of personal exemptions on your tax return?

2007-07-18 01:21:40 · 4 answers · asked by ♪ La La La Not Listening... 3 in United States

2007-07-18 01:19:48 · 9 answers · asked by ? 4 in Financial Services

My credit score is not that good (between 584-624 for each bureau), and I was wondering if I should get a credit card to raise my score, or if it will go up substantially when my brankruptcy goes off of my report (in 2008)?

2007-07-18 01:18:48 · 7 answers · asked by utopian_wildfire 1 in Personal Finance

2007-07-18 01:14:03 · 3 answers · asked by Stephen B 1 in United States

2007-07-18 01:11:37 · 4 answers · asked by Chisholm 1 in Other - Careers & Employment

I would like to start my own business and seek advise on getting started. I would like to supply labourers to various different industries across the country.

2007-07-18 00:55:46 · 4 answers · asked by bossy 1 in Small Business