Personal Finance - September 2006

I am going through a bankruptcy and debts, Inland Revenue, council parking fines for previously owned vehicles registered to home and other family addresses. Not to mention being chased by credit card companies, mobile phone etc. to whom I also owe money.

The baliffs came yesterday and threatened forced entry and removal of possessions. My parents told them I no longer lived there and nothing was in the house belonging to me. They were told that unless they pay (which they did on this occasion) property will be removed and the onus is completely on us to prove it does not belong to me.

Clearly its a very unhappy situation to have one's family drawn into one's independent financial circumstances (brought on by a failed business venture and poor health preventing me from taking a 'regular job' although I have never, neither will claim state benefit) I am considering bankruptcy and need to confront my creditors not least to stop my family being harassed. Anyone with experience?

2006-09-15 05:27:12 · 13 answers · asked by alonzoarganaut 1

I am going through a bankruptcy and debts, Inland Revenue, council parking fines for previously owned vehicles registered to home and other family addresses. Not to mention being chased by credit card companies, mobile phone etc. to whom I also owe money.

The baliffs came yesterday and threatened forced entry and removal of possessions. My parents told them I no longer lived there and nothing was in the house belonging to me. They were told that unless they pay (which they did on this occasion) property will be removed and the onus is completely on us to prove it does not belong to me.

Clearly its a very unhappy situation to have one's family drawn into one's independent financial circumstances (brought on by a failed business venture and poor health preventing me from taking a 'regular job' although I have never, neither will claim state benefit) I am considering bankruptcy and need to confront my creditors not least to stop my family being harassed. Anyone with experience?

2006-09-15 05:26:23 · 6 answers · asked by alonzoarganaut 1

2006-09-15 05:26:01 · 3 answers · asked by boolam 1

I am married and my husband has a job where he has an 401k. I work in my home as a mentor and I get paid but they don't take taxes out or I don't have to pay taxes because I work for and agency and they go the the department of human services so my pay checks are tax free and I 'm 37and he is 31 we've been trying to get us and retirment going since the only thing we have is my husband 401k plan right know I've been doing a little searching andd they say IRA's is the best way but I dont know who I need to talk with about that or how much does it cost Do you have to have thousand of dollars each month to invest? What is the lowest money can you invest with? Do you have ti oay weekly, monthly,yearly? Can anybody stir me to the right way. I did talk to a guy who said that he could help us with a finacial plan for retirment but it turned out to be a whole life policy with retirment

2006-09-15 05:07:04 · 4 answers · asked by Larhonda C 1

Will he get what he is due? He has only been at this job for 5 months will he get holiday pay?

2006-09-15 05:05:16 · 19 answers · asked by jules 4

2006-09-15 04:46:04 · 6 answers · asked by jazzy jay 1

2006-09-15 04:36:14 · 5 answers · asked by douglas a 1

In todays modern technological society why does it still take 3 days to clear a cheque through the banking system......

2006-09-15 04:21:05 · 9 answers · asked by dee9166 2

2006-09-15 03:53:18 · 7 answers · asked by cac 1

My husband and I have been married for about 3 months and we have 7 credit cards all together and they are almost maxed out. What is the best way to get rid of the debt and make only 1 payment a month instead of 7 different payments?

2006-09-15 03:44:05 · 6 answers · asked by rachgiggles 1

and 0% financing?

2006-09-15 03:40:59 · 2 answers · asked by julie_van15 1

2006-09-15 02:18:41 · 4 answers · asked by sunprincess101 1

2006-09-15 02:05:30 · 13 answers · asked by imh1953 1

How much will each option cost and what is the best.

2006-09-15 02:00:01 · 5 answers · asked by timbo262 3

As I contractor, I don't have a 401(k). However, I do make ok money. What I would like to do is find out what options I have to lower my overall tax burden AND contribute to an investment vehicle. I would hate to be taxed twice, and I wish there was something like a 401(k) that I could get into....

2006-09-15 01:59:59 · 7 answers · asked by Annoyed 1

Can anybody tell me how to raise some extra cash? This is not avaricious, but due to personal circumstances I am this far <---> from bankruptcy. I already have 2 jobs, but have now been hammered by a tax bill and have no spare cash to pay it.

Current debt stands at £50,000 including 2 mortgages and the tax bill. I have done everything I should have - worked from the age of 17 and since 1999 (my divorce) been workign 80 hours a week.

Any ideas would be greatly appereciated.

Thanks.

2006-09-15 01:26:57 · 21 answers · asked by kingofclubs_uk 4

OMG you guys!!! youre not gonna believe this!!
So, in my previous question, my checking account was mysteriously overdrafted negative -$102.80. i kept lookin at my statement and studying it and i know i didnt spend that much nor overdrafted it because i was keeping record of everything. i saw one item on my statement that said:
9/14/2006 depositied item returned..
i kept thinking..i didnt spend 50 bux on anything within the last few days so what could that be? i kept thinking and i just remembered that i babysat for this family that had money problems.. well, the mom took over 3 weeks in paying me for watching her two boys. she finally gave me a check last week for $50.00.. that is the only thing i can think of. her check bounced!!! now, my account is overdrafted because i spent money that i thought was there! the bank charged me $34 x3. should i have the woman pay me the 50.00 that bounced, or should i have her pay me wat bounced PLUS the overdraft fees it costed me?

2006-09-15 01:19:07 · 7 answers · asked by Christina 2

i m working in turkey i had an photographic studio bu it goes bakcrupt now ive taken led from few people but i cnt pay now back i ve big trouble now and i dont know what can i do so i nead now help.....................

2006-09-15 01:06:46 · 10 answers · asked by seyfi5900 1

Not including the mortgage on the house but include credit cards, bank loans, car loans, intrest free stuff in the house etc. And how old are you - what's you plan to reduce this?

2006-09-15 00:59:30 · 33 answers · asked by BigBoy 3

2006-09-15 00:03:27 · 5 answers · asked by Anonymous

are there any millionaires out there who have said they regret having so much money and would gladl give it all up? if so, im here to take it off your hands. failing that are threr any millionaires who would be willing to transfer their money into my bank account for 1 day only so i can gain the interest on it and ill give u your money straight back?

2006-09-14 23:41:35 · 16 answers · asked by Anonymous

My friend sends me money all the time via Western Union , from Chicago to Poland ..
Today she went in , and was told she can not send money becuase they added her to a list, then gave her a 800 number ...

Can someone explain..

2006-09-14 21:44:37 · 3 answers · asked by aldoskipl 1

I am mostly interested in how much people spend on average for 1 PERSON. So if you do not live alone, please adjust accordingly. It would also be helpful to provide your state (or country, if outside the US) of residence.

THANKS! =)

2006-09-14 21:39:53 · 6 answers · asked by Holly 5

I owe around £30,000 on credit cards and overdraft. i have considered an iva but i think i may struggle to pay an accepted payment each month.

2006-09-14 21:37:40 · 12 answers · asked by danny s 2

I ADMIT THAT I'VE NO COURAGE TO SAVE CASH

2006-09-14 20:39:10 · 11 answers · asked by JOHANN L 3

Can the US government take away my loan if I get a Mighty Kids Meal for myself even though I'm not a kid? Any other "kids' meal" restrictions for loans?

I can supply more info on the loan if it aids the question.

2006-09-14 20:33:01 · 3 answers · asked by fury1162 2

A friend has brought a tv,she still owes £1000 on it which she has to pay in april.She wants to sell the tv to me for £700 and i just really want to know if she didnt pay the final remainder would i be liable.I wasnt going to change it in my name,was just gonna buy it from her,and put the £700 as a payment of the balance..any advice!

2006-09-14 20:14:47 · 15 answers · asked by donna h 3

2006-09-14 19:52:45 · 3 answers · asked by wildcattennisgirl_06 1

That is I need someone who can help.

2006-09-14 19:21:30 · 9 answers · asked by Sami N 1

I should know this but i've somehow forgotten. How long does the bank recommend that you save your canceled checks? It seems like it is one year or could it be three years? I honestly don't remember. Thanks!

2006-09-14 18:06:15 · 3 answers · asked by Anonymous