Personal Finance - December 2007

I have a small amount of money in a 401k from my old job. I just wanted to know if I could get this money and what that would take.

2007-12-04 12:51:59 · 5 answers · asked by LAH 2

Ok my wifes parents are have just "filed" bankruptcy because they are irresponable and buy stuff for thereselves and pay bills if anything is left. Anyway I thought losing there house would wake
them up.It has been 3 months now since they filed and they havent even got a court date yet let own went yet and they are even blowing more money now instead of saving anything.We have now came to realize they are not going to change

My question is what happens if after they go to court and complete all this they rack up credit cards and debt again?
I know they cant file bankruptcy again for like 7 years.
So what happens if they cant pay again?
Someone told me they go to jail,but I dont think thats the case.
Would they just garnish all there wages and not even leave them enough to live? I have never heard of someone being broke again after filling.Someone help me out

2007-12-04 12:33:01 · 4 answers · asked by Anonymous

2007-12-04 12:23:24 · 2 answers · asked by lincolngomes301 2

My annual salary will be 50K plus the 1099A will around 40K that would put me in a higher tax bracket which I will not have the money for. I have no other assets and ruined credit, should I file for bankruptcy at this point or can I do a offer of compromise with the IRS on the federal taxes?

2007-12-04 12:17:53 · 4 answers · asked by rhtzzn 2

I HAVE TRIED EVERYTHING. THEY CHECKED THE METER, AND THEY TELL ME ITS MY HIGH USEAGE. IM SO TRIED OF TRYING TO GET HELP. NO ONE WANTS TO HELP ME. NOT EVEN CHANNEL 5 NEWS. THEY ALMOST TURN IT OFF YESTERDAY BUT I HAVE PITTBULLS AND THEY COULDNT GET IN. I ALSO HAVE A HANDICAP CHILD AND IM AFRAID THEY WILL TURN OFF OUR LIGHT. I DONT USE THAT MUCH LIGHT AND I KNOW SOMETHING IS WRONG., I JUST CANT AFFORD FOR ANYONE TO COME CHECK ALL THE WIRES. I PAID 1,000.00 TODAY. NOW MY KIDS WONT HAVE A NICE CHRISTMAS. THIS STARTED SINCE LAST SUMMER THAT THE BILL WENT UP SOOOOOOOOOOO HIGH. I HAD A DEATH IN THE FAMILY SO I WASNT HERE ALL SUMMER AND MY BILL WAS STILL HIGH 500.00-600.00-EVEN 800.00. AND I WASNT EVEN HOME.. I CALLED AND COMPLAINED BUT THEY ARE ALWAYS RIGHT ....AND YOU JUST CAN WIN. IF ANYONE OUT THERE CAN TELL ME WHAT TO DO PLEASE HELP.. THANKS AND GOD BLESS MJ

2007-12-04 12:15:40 · 3 answers · asked by Mary Jane L 1

I was wondering if they actually generate any income...

2007-12-04 11:40:21 · 4 answers · asked by Mariposa 2

Hypothetically... you can have 20k now, guaranteed, or a 50/50 shot at 40k within the next 24 months... what do you want??

2007-12-04 11:37:02 · 9 answers · asked by Keep On Trucking 4

There's this multi-billion inherit that will go to many people in my family. I am going to be 18 in 1 year and about 5months, 27 days to be exact. The inheritance papers and the exact amount of money will not be given, nor finalized until when I am 17, or maybe before. Does the money go to my parents to hold, and then can give it to me when I'm 18? Or.. Can I receive it? I mean it wouldn't be fair for me not to get some of those millions of dollars because of being one year younger than the asked age. Help! Can someone please tell me what the laws are? I am so frustrated right now, I mean who wouldn't if everyone in your family is getting millions and you might not be..

Thank you.

2007-12-04 11:26:43 · 3 answers · asked by That Girl 3

2007-12-04 11:04:00 · 9 answers · asked by Anonymous

Quick question about wholesale lotion. Help please?
Well, not so quick. But...I wanted to know, since I would have an online business, I would request the order from the wholesale distributors upon receipt of my order from my customers to prevent backup of unwanted goods. But their turn around is about 10-18 days to get to me...so it will take another 3-5 days for the product(s) to get to my customer. Is expecting a customer to wait for a product for 3-4 weeks feasible?

2007-12-04 10:57:34 · 2 answers · asked by Rachel T. 2

I have severely bruised credit would getting a secured credit card help my credit rating?

2007-12-04 10:52:20 · 5 answers · asked by smooth_talker 2

I am 20 and i will begin recieving 401K at my work. They match what i allocate ito my 401K. In the past every year we would recieve a certain percentage from profit sharing directly into our 401K. We are now switching over to this matching program. i believe they match 4% for 4% of income and then after that its 3.5 for every 5% allocated and so on. How much would you suggest i allocate into this? If i switch jobs, can i still keep this 401K? Will i be allowed to continue adding to it even if i do not have a 401K program at my new job? any advice will be appreciated. thanks!

2007-12-04 09:07:33 · 2 answers · asked by Anonymous

2007-12-04 08:24:46 · 8 answers · asked by jffsacks 1

Another question of mine asks about buying a home, and someone mentioned paying off debts. My husband has some trust funds maturing this Christmas, and will be no less thank 1250.00, could be more. Which debt should we pay off first? Ok, here's a list of all our debts... (blech) .

3235.51 My Car (64.00 Monthly)
6034.98 His Car (112.00 Monthly)
1400.00 Credit Card (100.00 Monthly)
200.00 Dog Training (120.00 monthly)
800.00 Car Insurance (due april/ 134.00 monthly)

Also, we were thinking about selling my car to get rid of that debt, we could probably get 4,500 for it about putting 700.00 body work into it (my husband hit my car in the driveway, needs a new bumper)

Any advice here? I know I'm asking some similar questions, but I'm at my wits end here!!!! Thanks in advance.

(ooh and again here's our figures. 1260 earned/month, 926 expenses/month.)

2007-12-04 08:23:44 · 7 answers · asked by Chas A 3

2007-12-04 07:53:20 · 7 answers · asked by Anonymous

will you go to jail? or will you have bad credit? or will it just keep billing you a late fee?
im going to pay it but im just real late because i didn't have an account and i just started getting backed up.

2007-12-04 07:09:03 · 17 answers · asked by caramelchick 2

He said "Got any coins, bills, gold, silver, copper or other valuable intangibles?"

2007-12-04 06:55:48 · 17 answers · asked by Linda Fallsrock 2

We are 25 and both have jobs. Our combined monthly income is 4,000. We already have a mutual fund with over $5,000 saved in which we place 100 each a month into. In addition to that we each have our own short terms savings which we place 100$ into a month. And with all of this, we still are able to live in a wonderful condo and pay all of our bills and YET my boyfriend still worries about money. To the point where today just now he said we need to have 25,000. saved by April 09. So we can buy a home. I mean I am all about saving money but aren't we doing OK so far? I mean its to the point where we can't even get chinese one night a month because we're saving!?

2007-12-04 06:38:18 · 8 answers · asked by Blond&Tall 4

2007-12-04 06:16:42 · 2 answers · asked by vagova 1

anyone know?

2007-12-04 05:59:58 · 4 answers · asked by Dffsgf D 1

I'm self-employed and get paid in cash
I have no mortgage
I only have 3 direct debits

And I absolutely hate banks and everything they stand for.

Before I close my account I would like to hear from those people who manage to survive without a bank account.

Thank you!

2007-12-04 05:49:43 · 17 answers · asked by ? 4

i hate my job you see.

2007-12-04 05:41:14 · 8 answers · asked by Anonymous

I still have a few years worth of payments to make on the loan I took from my 401k, but I really want to leave my job. Would I be forced to pay it all back right then if I quit, would I be able to make payment arrangements, or what? Any help would be great. Thanks!

2007-12-04 05:40:27 · 3 answers · asked by Anonymous

2007-12-04 05:36:56 · 6 answers · asked by wolf1ibm 2

2007-12-04 05:15:29 · 6 answers · asked by kclegends13 1

I'm interested in doing MT from home since I'm going to be in nursing school and can't work the regular 8-5.

2007-12-04 05:08:32 · 1 answers · asked by LJ MT 1

what is considered stealing company time and please give example is using the batrhoom considerd stealing time? what is consider stealing company time and can you go to jail for it

2007-12-04 04:39:17 · 2 answers · asked by Anonymous

Hi everyone

I booked a hotel reservation with a certain hotel, but need to cancel it now, I had it booked for 3 months now.

Will they charge me, as I have used my card to secure or guarantee the booking

2007-12-04 04:39:11 · 4 answers · asked by Rebz 5

Whats the most you ver found and what was it , also have you found jewellery in the street or in a pub?

2007-12-04 03:36:17 · 17 answers · asked by kollydogg 4

Well Have been a small business owner for 2 years and through stupid decisions and the economy my business and my personal credit has suffered, now business is picking up and I need financial help, I cant get it because of my credit. Any suggestions? I really could use the help. The business is viable I know, and it can work. I have learnt the tricks of the trade.

2007-12-04 03:34:39 · 4 answers · asked by Maxwell M 1