Business & Finance - 22 August 2007

what are the problems that someone might encounter?

2007-08-22 08:59:24 · 14 answers · asked by nims 1 in Law & Legal

I am torn between two situations...

My husband and I found a wonderful litle townhome, and we have already figured out that payments and everything, and they will be about 1000 per month!

OR---we can downsize our apartment now which is 1000 per month and get a tiny one bedroom for like 850 per month!

The problem is- we dont have TOO much money!
I going to be getting a part time job soon though.....so, that might help a little bit!

What should I do?

2007-08-22 08:55:52 · 6 answers · asked by Nicole S 1 in Renting & Real Estate

My husband and I are discussing moving roughly half way across the country (NC to TX or NC to Tampa). We are a young couple without much stuff yet--a bedroom and a kitchen. Then just a couch, love seat, and futon.

Between closing costs, loan fees until your old house sells, when you put security and rent on a month to month apartment, and the amount you spent before the paychecks (or company reimbursement for moving costs) comes in--how many thousands have you gone through?

Someone else asked this question--the answer was sell everything you own. That is not an option. We've worked hard to get nice items, and I'm not throwing everything away just to move somewhere and buy it all again. Thats dumb.

How much do you think it would cost for a couple to move across country? If you are a young couple who moved recently--how far did you move and when did you move? Thanks!

2007-08-22 08:54:40 · 4 answers · asked by phantom_of_valkyrie 7 in Renting & Real Estate

Murphy, who caught the ball will sell it because he needs to pay the tax for the value of the ball. The tax is based on the value of the ball. Could he sell the ball for ten dollars ($10.00) and claim the difference between the value and $10 as losses. This way his gain is only $10.

2007-08-22 08:51:18 · 8 answers · asked by Gil D 2 in United States

Will someone please tell this guy before he sells this ball for $500,000 that the IRS cannot tax him on the value of the ball, as the ball is not money, the fan has not received any money for it, and the ball is worth nothing UNLESS the fan actually does indeed sell it. If the IRS thinks it can do such a thing, I doubt it would take much effort for this guy to find an attorney or several who will take his case and successfully argue that he has received no income in relation to owning this baseball. He is being dupped into selling it for a fraction of what it will be worth 5 or 10 years from now.

2007-08-22 08:50:19 · 5 answers · asked by praise Allah 5 in United States

2007-08-22 08:48:47 · 1 answers · asked by Anonymous in Corporations

2007-08-22 08:48:25 · 1 answers · asked by Erick 1 in Marketing & Sales

I need the money ASAP! I also want to do it online.

2007-08-22 08:45:18 · 9 answers · asked by Anonymous in Credit

Hi,
I'm currently 20 years, i wanna start thinking of my future etc. I'm still in college but i want to start investing for my long run. Icici bank (international bank) pays 9.5% interest on 365 term deposit which i think is really good compare to other banks here in Canada. I'm not sure how I'm going to do this so this is why I'm asking. so i have few questions.
I basically want to put $300/month for next 30-40 years. if i keep adding $300 for 30 years I'm looking for about $553,342. after interest etc. This number is based on 9% interest. it would be easy to determine how much it would be exact if it was a savings account. but since this is a term deposit how will it work out? Like Should i save $300 until end of the year and put it all at onces or can i still put $300 in my previous term deposit.
Not sure how to explain this.

2007-08-22 08:44:28 · 4 answers · asked by Anonymous in Investing

they say they couldnt find me so did this i asked for written confirmation of this they refused and told me the debt was dead although they can sell it on to a reclaim agency but as far as the bank is concerned they will not chase it. where do i stand? am i safe? should i plan for them doing something now they have spoke to me?

2007-08-22 08:41:49 · 10 answers · asked by zeenme 1 in Credit

I currently have about $15K in student loans at around 8.5% (variable rate). They are private loans, NOT federal. My credit card is offering 4.99% for balance transfers until paid in full. Will it hurt my credit score to move this debt to my credit card? I know that the mix of revolving debt v. term debt is a consideration, but I don't know if it's significant enough to be paying the higher interest. I have 8 years left on my term loan right now (10 year loan).

2007-08-22 08:40:59 · 3 answers · asked by Annette J 4 in Credit

Im trying to get a home loan. I was pre-approved by 5 different places. A couple weeks later I found my dream house. Now when it comes time to actually get my mortgage the guy at weichert financial tells me he's not sure if its gonna happen. Can I start looking at another company to get me financed. He said that if he cant do it than no one can, but I dont believe that. I know that are credit sucks but we make decent money and have no debt. So will it mess anything up if I start looking elsewhere. Im not looking for another pre-appoval. Im looking for a loan.

2007-08-22 08:40:24 · 7 answers · asked by formula11e2000 2 in Renting & Real Estate

i just goy my paypal account...i registered it on my debit card which is with royal bank of canada...i have 800$ on my debit card but pay pal sais that i have 0$...why is that? i checked my debit card online and i do have the money.

also i want to buy a membership for my little brother on this site:
www.dragonfable.com
how do i pay them? does paypal automatically take the money from my debit card and send it to the site or do i have to transfer the money from my debit card to my paypal account and then buy it?

2007-08-22 08:36:35 · 3 answers · asked by Anonymous in Personal Finance

I have a job working as an adminstrative assistant but I get no benefits and not that good of pay so...I am about to start my job search all over again to find something better. But I wanna know if a notarized letter of recommendation would be considered going too far...

2007-08-22 08:35:53 · 9 answers · asked by Hopeful 2 in United Kingdom

2007-08-22 08:35:52 · 12 answers · asked by dasdutchgirl 1 in Renting & Real Estate

I know there are lots of variables with a credit report, but I'm having a really hard time figuring out this one...
I'm in California; where it appears that the statute of limitations to "recover" a debt is 4 years - though my main question is about my actual credit report record anyways....

On my report, there is a negative account filed (it was transferred to another collections agency a while back, and not paid off for other reasons, so please just know it's not paid, but I don't think on the actual report-wise it matters). From what I can see, an negative credit account can stay on my file for 7 years.

But, when that magic 7 years date "starts" is my big question, with lots of conflicting info. Here's the details of that account:

Date Opened: 9/1999; Date Reported 10/2005; Date of last payment 3/2000.

So, does that 7 years start from the "last payment date"? That has past, and it's still on my file. Does anyone know why or what I'm missing? Thanks.

2007-08-22 08:34:37 · 5 answers · asked by someoneoutthereishere 2 in Credit

I want to buy a newer car next year, but my credit is not the best. I''m currently rebuilding my credit, and my credit score should be between 620-650 when it's time for me to buy a car. I'm current on the auto loan i have now and i have been on time for a year. However i was late numerous times before then, due to a job loss. I also have a credit card through the same company thats financing my car and i have never been late with the credit card payments. Matter of fact i have a balance of zero on my credit card. I'm also a member of a credit union, i get my work checks directly deposited into my credit union account. My car will be paid off in 8/2008, but i plan on paying it off earlier when i get my income tax check in 01/2008. I like the current auto finance company i'm with now, because they gave me a fair rate, eventhough my credit was'nt the best. Should i try to get my next auto loan threw them, or should i try to get it threw my credit union?

2007-08-22 08:34:16 · 4 answers · asked by Anonymous in Credit

I know stock is part of the company. But how much exacly is "stock". By that I mean how much percent of the company is 1 stock? I hear companies selling millions of stock. So does every company have the same initial amount of stock? Or can any company produce stock at demand?

2007-08-22 08:33:54 · 4 answers · asked by Anonymous in Other - Business & Finance

I particularly want to apply for a job at blockbuster online, but I can't seem to find the application website. If anyone can help me apply there or anywhere else similar that is not a fast food restaurant that will be very helpful. P.S. I am only 17, so I need jobs without an 18 year old age restriction.

2007-08-22 08:31:23 · 6 answers · asked by Anonymous in Other - Careers & Employment

2007-08-22 08:30:58 · 1 answers · asked by Anonymous in Credit

my husband had a credit card that went into collections. i had made a payment of 65.00 which was the total amount past due but it had already been sent to collections without me knowing and of course they still took the 65 dollars. well i talked to the collection agency and they agreed to settle however i had to pay the total amount at that time. i told them i could pay the full amount and they refused to break up that payments. i told them that when my finacial situation changed i would contact them to pay the bill and hung up without hearing what they had to say. two secs later they called back. i have refused to answer the phone when they call. is there anything i can do stop these annoying phone calls. i would like to pay it off however i feel i have been treated unfairly. what do you think? and what can i do to stop these calls

2007-08-22 08:28:03 · 10 answers · asked by felixnstacey@sbcglobal.net 2 in Credit

My brother and his wife bought a car over the weekend from Bob Roman Honda in Lafayette, Indiana.
The manager took them into his office, they signed a binding contract for the purchase and the loan (I saw it) and drove it home.
Well on Monday the dealership called and said they needed to come in and "rewrite" the contract.
When they got there, they were presented a loan with almost 2 percentage point higher and required an additional $750
Well since they didn't have any more cash to put down they couldn't buy the car.
The next day the dealer called again and said that they needed to pay for the mileage they drove the car.
It already had about a 1.000 miles on a new car and they put on an additional 100 on it.
Guess what, it came to $750 and the manager said it could be added to the loan.
How can they renegotiate a contract after the fact?

2007-08-22 08:26:42 · 8 answers · asked by Kari 4 in Personal Finance

2007-08-22 08:26:02 · 7 answers · asked by Anonymous in Credit

I was reading the article about Matt Murphy having to sell the Barry Bonds home run ball he caught because he could not pay the taxes due. I thought you are taxed when the item is sold, not when you received it. What part of the tax code am I missing?

2007-08-22 08:25:14 · 4 answers · asked by advnturer 6 in United States

I am trying to get a loan (between $7,500-$10,000) to pay off some debt and clean my credit. I am looking for a LEGIT company and I have already tried Prosper but to my surprise, my credit score isnt high enough to be eligible. I did look at my credit score which is 531 (although Prosper said I was under 520) I made some mistakes in college by getting credit cards to pay for school. Is there any legit site, place or service that would provide me with a loan, with my credit with the option of a long-term payment plan? Please help

2007-08-22 08:25:11 · 3 answers · asked by eminem_gurlle 1 in Credit

2007-08-22 08:23:28 · 2 answers · asked by wakeupanddream04 1 in Government & Non-Profit

I just honestly don't understand why the guy who caught Barry Bonds' 756th home run ball has to auction it off because the taxes would be too high on it. I just don't get it! Can you please explain this to me? Since when do you have to pay for luckily catching a historic home run ball?!?

2007-08-22 08:22:43 · 5 answers · asked by Anonymous in United States

I purchsed a truck for my nephew because he did not qualify for several reasons. Now I learned that he is 5 months past due because of work problems. I need some advice on either to voluntarily repossess the truck, and take the lost, and probably ruin my credit or make up the payments and try to work with him on future payments. please help asap

2007-08-22 08:22:23 · 4 answers · asked by Anonymous in Credit

Ok, so I just read a news article about the guy who caught the Barry Bonds record breaking homerun ball.

He said that he has no choice but to sell it because he is going to be charged taxes just for owning the ball.

I know our tax systems is all sorts of screwed up, but how the heck can this even be possible? You can really be taxed on an object when you haven't even sold it? Can you also be taxed if someone gives you an extremely expensive gift, even if you have no intention of selling it?

I guess it's true, but it makes me angry and I don't understand it! Maybe someone with experience in tax law could enlighten me on this subject. Or if you'd just like to tell me that you agree with how annoying and wrong it is, you can do that to!

2007-08-22 08:22:03 · 9 answers · asked by T the D 5 in United States

I am trying to get my credit good by working through my debts one bill at a time. One of my accounts got sent ot Midland Credit Management. I spoke with one of the representatives trying to set up a payment schedule. She would not work with me on a 12 month plan. She would only go for 5 months on a higher amount. She then grew upset and pushy and informed me that they would be taking me to arbitration. I then tried to call the company back just to get a mailing address to send them a letter request verification that I have a legal obligation to them.

2007-08-22 08:19:32 · 4 answers · asked by so_adorable21 1 in Credit