Business & Finance - 20 August 2007

I got a letter from a firm called Cohen and Slamowtiz on a debt. I don't want to deal with them, and would rather have them send the case back to Discover Card. Would a "cease and desist" letter work in this instance? Or would they simply stop contacting me and get a judgement against me instead? Is it also a good idea to include the cease and desist within the "letter of Validation"?

2007-08-20 16:13:05 · 11 answers · asked by Keninho 2 in Credit

i just signed a contract with a debt consolidator and they are supposedly saving me 60 bucks a month but when i looked at my account i noticed that what they were paying out didn't add up to what i was paying them. the only reason i went with this company is because they are non-profit so i called and complained and discovered that they are charging me 45 dollars a month as a service fee. but the service fee can't be for the paperwork because the first month they charged extra to get the paperwork together. is this normal or is there something wrong with this?? should i cancel my account with them or are they being honest?? remember they told me they are non-profit....

2007-08-20 16:11:45 · 6 answers · asked by Katie 1 in Credit

Im looking into this 5k house and the agent tells me I need proof of funds why is that can I just give them the 5k and own the house its a fanniemae property does that effect the home buying process becuase I want this property asap.

2007-08-20 16:09:33 · 6 answers · asked by josh d 1 in Renting & Real Estate

I sent in for a credit card offer I got in the mail and then changed my mind. The card came in the mail. If I cut it up and don't activate it, will the account still exist? Do I have to call and cancel it even though I haven't activated it?

2007-08-20 16:09:18 · 7 answers · asked by Trina O 3 in Credit

I might be interested, but I've heard good and bad... What are the pros/cons of owning a timeshare?

2007-08-20 16:08:52 · 8 answers · asked by skobie 2 in Renting & Real Estate

What the best company to generate leads for a mortgage company, or what is the best program or method of obtaining good leads???

2007-08-20 16:07:01 · 4 answers · asked by Chris 2 in Other - Advertising & Marketing

Apr 29 Partial payment of account from Mar 9 transaction, $ 600, 000

Apr 30 Replenishment of petty cash disbursements:

Maintenance Exp 1000
Telephone bills 999
Utilities 1,500
Repairs Exp 500
Supplies Exp 600

2007-08-20 16:06:12 · 1 answers · asked by Caine 1 in Corporations

Do I use a quit claim deed or a grant deed?
Thanks

2007-08-20 15:58:44 · 5 answers · asked by Mr. love 3 in Renting & Real Estate

I am currently renting and a home across the street has recently become available for sale by owner. I have recently applied for a mortgage but my approval requires me to complete several items that may take a few months.I approached the owner with the possibility of a lease/option agreement so I may move into the home and leave the rental property. The owner mentioned today an option "fee" of $7,500 and monthly rent of $1,500 with a final purchase price of $173,900. Does the option fee typically get applied to the purchase price when I complete the sale? Should I request a percentage of my rent to be applied to the final purchase price as well? I haven't received any of the paperwork yet but just wanted some ideas. I am new to this.

2007-08-20 15:57:05 · 6 answers · asked by massdjs 1 in Renting & Real Estate

My neighbor was left a message by my creditor and he is not on my accounts or has been used as reference at all.

Is this considered harassment?

2007-08-20 15:56:26 · 6 answers · asked by keekee 4 in Credit

2007-08-20 15:54:23 · 4 answers · asked by ravendiane1 2 in Other - Business & Finance

Had this debate at work today regarding the subprime mortgages. It seems that a good number of the people that took out these mortgages would have put down less than 20% for their home. As a result of having to put down less than 20%, wouldn't the people taking out the mortgages have to pay PMI. Wouldn't PMI allow the lender to recover any costs that were not able to be gotten from foreclosure? While we can see a reduction in profits, we have difficulty in understanding why these high rate loans would result in a company going under due to the PMI.

2007-08-20 15:53:01 · 6 answers · asked by chicago3200000 3 in Renting & Real Estate

2007-08-20 15:52:22 · 2 answers · asked by sugee 1 in United Kingdom

Mar 1 Received $ 999 000 cash from customers for their order of 3,000 units if CDs which will be delivered to them on April 25.

Mar 9 Purchases of merchandise on account was made: 25, 000 units @ $ 90.00 unit cost. The company paid the delivery charges amounting to $ 10, 000.

Mar 24 Sales - various customers: 22, 000 units @ $300 average selling price. (60% of which is on account and the remainder in cash basis).

Mar 30 Issued a 12% 5-year bonds with a face value of $ 10,000,000 with the interest payable every Mar 30 beginning 2008. The market yield rate is 10%.

Apr 1 Purchase 10, 000 units of CDs @ $ 105 per CD. Term: 2/30, n60.

Apr 9 All the remaining unissued ordinary shares were issued at market value of $230.

Apr 25 Delivered the goods ordered by customers on Mar 1. The company incurred additional $5,000 for delivering the said merchandise.

Apr 28 Paid the amount payable from Apr 1 transaction.

2007-08-20 15:48:59 · 1 answers · asked by Caine 1 in Corporations

what do i wear?!
what should i expect?
like what happens in job interviews?
any tips?
what r somethings i SHOULD do?
and some things i SHOULDENT do?!

please help!

2007-08-20 15:47:05 · 14 answers · asked by ♥ 1 in Other - Careers & Employment

I know that charged off credit cards will fall off your credit after 7 years... my question is... from what date do they go by? Is the date of last payment or the date it was charged off?

2007-08-20 15:44:24 · 7 answers · asked by jtroyer22 1 in Credit

I purchased my home in Dec'06 and now I want a copy of the appraisal that was done then. I asked for it upon closing in December & was told it was the property of the mortgage co, so I didn't get it but was told the value of the appraisal was $270,000. My bank has since sold my mortgage to another bank (in Jan'07). The purpose of this is so that I can ask to have my PMI charge removed. The obvious solution to me, would be to go back to the original mortgage co & ask for a copy of the appraisal that was done in Dec'06. Thanks!!

2007-08-20 15:40:47 · 3 answers · asked by cali 1 in Renting & Real Estate

I'm thinking about becoming a prophet one day. But what does it take to become one? Are there any special training?

2007-08-20 15:40:01 · 2 answers · asked by Anonymous in Other - Careers & Employment

Like what do you do to start a company like Boeing. Do you need a degree in something?

2007-08-20 15:36:59 · 5 answers · asked by Anonymous in Corporations

If you are a juvenile and 17 years of age and was not tried as an adult , and want to apply for a job, will they do a background check or is it sealed? asked a similar question earlier but i wanna make sure i am asking the right things and i committed the felony bout 10 mos. ago.

2007-08-20 15:32:44 · 0 answers · asked by osu_ou_dude 1 in Law & Legal

i have an orchard bank credit card, that ive had for about a year, when they checked my history they found that ive never had a late payment with this credit card and that my credit score is above 700. they decided to hike up my intrest rate from 9% to 29% intrest with out a clear reason why. They told me the reason why is because (1.) its based on your credit score to date, and (2.) based on any other credit cards (History) that you happen to have. ok... for the 1st reason- my credit score is above 700, i had a lower credit score when i 1st got the card at 9% intrest, so that cancells that out. so..... for the 2nd reason- i read that they cannot, like its agaisnt U.S. policies to raise my credit score based on other credit cards or accounts that i happen to have. but ive never.. let me say that agiain, never. had a late payment on any of my accounts that ive ever had. (im kind of a credit freak) so why would they hike my intrest?

2007-08-20 15:32:33 · 9 answers · asked by answeraway 1 in Credit

Some of the stock symbols in my portfolio list in My Yahoo page have a star to the left of the symbol. What do the stars signify?

Thanks.

2007-08-20 15:29:25 · 1 answers · asked by TOM L 1 in Investing

i gave a two weeks notice and my last day of work was sunday. when should i get paid? i know i still have company keys that i am going to turn in tomorrow even though i wasnt told to turn them in. shouldnt i have received my paycheck sunday?

2007-08-20 15:25:23 · 3 answers · asked by Anonymous in Government & Non-Profit

I'm 19 years old, and I have been spoild for my hole life. But I thought it might be time for me to get a job. So what was your first job and any suggestion on what I should do? And what kinds of jobs are easy to get with no experience? Oh, and no fast food jobs please. And I live in Southern CA.

2007-08-20 15:22:56 · 10 answers · asked by Sara 3 in Other - Careers & Employment

I let my sister live in my vacant house will she got back on her feet. we have no lease agreement, she was to pay $650 a month she is now 2 months behind and i gave her a letter with a witness of the date to vacate which was august 1st. she has not left. do i need to go thought the courts to get her out or can i remove her stuff with out legal recourse from her.please let me now thank you.

2007-08-20 15:22:37 · 8 answers · asked by Keri P 1 in Renting & Real Estate

2007-08-20 15:11:41 · 8 answers · asked by emily 3 in Other - Careers & Employment

2007-08-20 15:07:38 · 9 answers · asked by jrpmeheh 2 in Investing

are there housekeeping companies in singapore who provide stay-out maids?

2007-08-20 15:03:33 · 1 answers · asked by fc 1 in Other - Business & Finance

2007-08-20 15:02:05 · 4 answers · asked by UL 1 in Investing

I have the formula for valuing a stock experiencing supernormal growth for a period of time, but then returns to normal growth. How do you figure it out on a BAII Plus calculator? The dividend goes up, but then assuming that the stock is sold at the end of the period with supernormal growth. Any help is greatly appreciated.

2007-08-20 14:58:26 · 2 answers · asked by Peter N 2 in Investing