Business & Finance - 17 August 2007

Our mortgage lender has filed for bankruptcy protection. We assume that our mortgage in the bankruptcy proceeding will be sold to another lender at a greatly reduced price. Example: We owe $200,000 on our mortgage with the bankrupt lender. Another lender might buy it for $100,000. Is it possible to "buy" our own loan, from our current lender, while they are in bankruptcy, at a greatly reduced price, just like another lender will eventually do ?? We feel that we need to ask this question if it is possible because if another lender can buy it at a greatly reduced price, why not us, the mortgagee ??
Thank you for all answers to this question

2007-08-17 17:58:44 · 6 answers · asked by Anonymous in Credit

Question Details: This summer I am an intern at this place and it turns out that I'm not qualified to do a lot of the things that they gave me. My confidence went down the drain. I made mistakes here and there. My boss and the rest of them think I am an complete idiot. My boss seemed very nice sometimes and other times, he ignored me, and couldn't stand me. I felt unintelligent. I know I am not. They are very knowledgeable and quick learners. Not me. I just need the right words to tell them how I feel. I just couldn't relate to them because our weaknesses and strengths are different. Is it bad if i end up crying? I usually do. Emotions too intense. I felt like I didn't fit in with them. There were times when I wanted to open up, but I couldn't. Something restricted me. THIS IS MY LAST CHANCE TO TALK TO HIM. I think he is the type of guy who doesn't give a **** about my feelings. But I AM NOT SURE. Is it worth it. I am tired of feeling like an outsider ALL OF MY LIFE. I don't want to e

2007-08-17 17:44:14 · 6 answers · asked by Anonymous in Other - Careers & Employment

The company has been in operation for around 7-8 years.

2007-08-17 17:25:37 · 1 answers · asked by firestarter_ouch 1 in Other - Business & Finance

I need to know what county office would handle the application to split property, also what forms I would need to file, cost, ect.

2007-08-17 17:23:58 · 4 answers · asked by JAY CEE 1 in Renting & Real Estate

2007-08-17 17:23:03 · 2 answers · asked by RandyAg98 1 in Credit

I live in Rhode Island, and just started a new job at a boat yard. How would i go about figuring out how much I would make after all taxes are taken out...?

2007-08-17 17:01:12 · 3 answers · asked by Anonymous in United States

Showing up late, not doing their jobs, violation of workplace rules, sleeping on the job, bad attitude, etc. How did you deal with it or did you quit because of it?

2007-08-17 16:54:55 · 8 answers · asked by tucsondude 4 in Other - Careers & Employment

rental, and a few thousand for retirement. I think the bill will be like 50k...Any suggestions???...Would bankruptcy work to protect my few assets. I am willing to pay till the day I die, but this bill will not be covered.
Thanks for any help

2007-08-17 16:51:25 · 9 answers · asked by la rae w 1 in United States

My payment is due on Monday 8/20 and I payed Friday 8/17 in the early morning over the phone by check. If on my account online it hasn't showed that I've payed yet and by Monday it still doesn't show. Do I get charged a late fee? Or do I always have to make sure that I give enough time in advance for the check to clear?

2007-08-17 16:43:46 · 4 answers · asked by ish.ghosh 2 in Credit

I have had a capital one card for years now, it only has a $500 limit w/ a high intrest rate and I have NEVER been late on it. After significantly improving my credit (years of work) I applied for the next step up capital one card that has a 12% intrest rate and I was denied! 1 week later Citi bank sent me an offer of 12% with 0% on balance transfers for 1 year and I was approved in seconds for a MUCH higher limit than my capital one card. I am so offended by capital one, I transfered my $500 card and plan on canceling it. Why did this happen?

2007-08-17 16:42:51 · 13 answers · asked by Bella Italia 3 in Credit

Age. Race. Location?

How do you like your job? What do you not like about your job? What area of the hospital do you work in? What do you hate about your job?

2007-08-17 16:33:33 · 1 answers · asked by Anonymous in Health Care

I really like traveling, and I want a career that gives me some freedom. If anyone could help me, that would really help. Thanks.

2007-08-17 16:17:30 · 12 answers · asked by roxy39_2002 2 in Other - Careers & Employment

They say I've won some lottery in the u.k.and wanted info on me!

2007-08-17 16:16:15 · 4 answers · asked by acester65 1 in Corporations

I refinanced 2 weeks before American Home Mortgage declared bankruptcy. They still owe me my escrow money (a new escrow account was created at closing with the new company). Is the escrow money legally mine and protected from the company's bankruptcy, or can the company default on paying it back? Thanks!

2007-08-17 16:11:58 · 2 answers · asked by Anonymous in Renting & Real Estate

For employees, I find alot of people today call in sick quite often...but I doubt their integrity on this issue. Do you feel this is a problem too?

2007-08-17 16:07:00 · 6 answers · asked by daff73 5 in Other - Careers & Employment

fifteen in March, And I know someone who works at a fast food joint who's fifteen. I really nees some suggestions and if u r gonna suggest a babysitting job. i don't think I will be able to find any. plz help me!!! Thanx a lot!!

2007-08-17 16:04:05 · 7 answers · asked by Know-It-All or Nothing 2 in Small Business

I was told yesterday that I won a lottery from across the world in the amount of $500,000. I was told to give my name,address,etc. and these people would transfer the money from a Union Bank to my bank. I wasnt thinking I was just too excited and I gave these people my bank account info. and my telephone number. Then they told me by email and they called my home telling me if I could go to Nigeria to claim my award with documents, I would be able to get my cash award. I told them no because I dont stay in Nigeria and I never been there and I wouldnt know where I was to go if I did.

Now im thinking to myself did I just make the biggest mistake of my life or am I really that 1 in a 1,000,000 lucky winners.If anyone been in this same situation or if u know if this is real or not - please let me know!

2007-08-17 16:01:03 · 9 answers · asked by B.O.S.S. Man - BM 3 in Other - Advertising & Marketing

F.R.S@3%. verses 401K?.

2007-08-17 16:01:01 · 2 answers · asked by Brian 2 in Personal Finance

ok, the car was a lemon- it went out-the trans- 6 months after it was 'loaned to us' from the bank, insurance would not pay- this was 6 years ago.
for 2 years now we have been paying on it- but its not going anywhere
we asked the person that manages our account to help us out, but he was very rude and did not want to help,so we told him we are not sending anymore payments until we can work out a deal, what can we do to get this resolved to look better on our credit? paying a lump sum right now is out of the question until tax time, any help?

2007-08-17 16:00:57 · 4 answers · asked by saraann24 5 in Credit

living in Illinois I always wondered how unemployment worked considering thankfully so far i never had to draw. What happens when or if you get fired? How do you know if you get somethimg or what are the general rules? thanks

2007-08-17 15:59:18 · 11 answers · asked by gemeneye25@prodigy.net 1 in Law & Legal

Here in Ma, insurance companies run credit checks on people before they give you insurance. I have horrible credit so I get screwed and have to pay about $1000 more for insurance than I usuall would. It shouldn't matter about my credit because the insurance is part of the escrow so the nortgage company pays it. In fact I had paid for a year up front last year. The insurance company cashed my check it cleared then they ran their credit check and said they wouldnt insure me. I am just getting tired of getting screwed by the MAN. Any help would be greatly appreciated

2007-08-17 15:58:14 · 4 answers · asked by fallguy2004 3 in Insurance

2007-08-17 15:57:12 · 1 answers · asked by Anonymous in Corporations

- Just graduated from university.
- Took a "graduation vacation".
- Interviewed with this company before my vacation.
- Wasn't interested in me at first.
- Now showing interest and want to talk to me.
- The company asked me to e-mail or call them.
- I still have some interest in them.
- But I would like to wait until I get back from vacation and review my options, which is a month from now.
- Just don't want to feel pressured or stressed about this while I'm on vacation.
- What should I do and say to them?
- THANKS!

2007-08-17 15:55:49 · 2 answers · asked by idono 2 in Other - Careers & Employment

2007-08-17 15:53:15 · 6 answers · asked by lleslie158 1 in United States

Here is a question that I have perhaps someone here can shed some light.

The example will deal with PUTS- I have a contract that expires today.. It is a 20 PUT.. The stock is trading at 22 dollars.

I can not sell the put- I suppose that is because it is out of the money and there is no time left. NOte- this does give me the right to sell 100 shares of X at the strike?

Now, what happens if the 20 dollar put is in this scenario- same thing, expiration today. Stock now trading at 18... Would I be able to sell the put?? even with so little time?? Why would anyone buy it?How does the PUT buyer, the person who will buy my PUT benefit from this?? So this would be like me saying I will sell 100 shares of X at 20, 2 dollars above the strike?

ALso important part of my question.. with above example--- if there is a buyer for my put, would that be the same as I was when I originally bought the put? In other words the new buyer would be "a put buyer" with the right to sell at 20 strke?

2007-08-17 15:52:02 · 2 answers · asked by SGT 1 in Other - Business & Finance

i would like to buy some kind of stock...with hardly no money..new at this....but would like to try it....
or does it take lots of money...and know how ???

2007-08-17 15:50:14 · 10 answers · asked by jordans_nana2003 1 in Investing

what am I gonna be doing? it's an entry level job (Im 18 years old)

2007-08-17 15:49:36 · 2 answers · asked by Anonymous in Other - Advertising & Marketing

I'm trying to think of a name for my new internet business but need to see if it's already a corporation or LLC. Does anyone know where I can look online to find that information free?

2007-08-17 15:45:39 · 2 answers · asked by mldohm 2 in Corporations

Is there a publication that names them?

2007-08-17 15:44:42 · 3 answers · asked by CougarNYC 2 in Investing

since s and p 500 is so up and down ,is that a good idea?

2007-08-17 15:37:49 · 4 answers · asked by uclahonk 2 in Personal Finance