Tag: Road to Wealth
baitandswitchloan_rs
March 21st, 2011

Q: I am a single parent of two and primary caretaker of an elderly parent. In 2004, I bought a new home for $650,000. My youngest son decided that he wanted to attend college in Florida. It is a private school, which cost approximately $45,000. I refinanced my mortgage at what I thought was going [...]

debtnegotiation_rs
March 17th, 2011

Q: How does debt negotiation work? Is this a good debt management strategy? Green Bay, WI A: I think what you are referring to are companies that promise to help you settle your debts for far less than you owe. Tread lightly here. Many of these companies are just scams. And those that aren’t will [...]

savingsbonds_rs
March 14th, 2011

Q: When is a good time to cash in U.S. savings bonds? A: According to information on treasurydirect.gov, it’s important to check your savings bonds periodically to determine if they’re still earning interest, and if they’re not, they should be redeemed. I was surprised to learn that billions of dollars in savings bonds have stopped [...]

internalrevenueservice_rs
March 10th, 2011

Q: I owe the IRS about $50,000. I also am in arrears for child support payments. I have about $40,000 in bills, car loan and credit card debt. I’m receiving unemployment insurance weekly. I can’t afford a bankruptcy lawyer or one to handle my IRS problems. Any suggestions? I am in dire need of help. [...]

avoidbankruptcy_rs
March 7th, 2011

Q: My husband lost his job. He was the main breadwinner. Right now, we are struggling to pay our monthly credit card balances. We are deciding whether to file bankruptcy or find another route for help. This is the first time we are having a hard time paying our bills, and we do not want [...]

leaseorbuy_rs
March 3rd, 2011

Q: Is it better to lease or to buy a car? A: Many financial experts will argue the pros and cons of leasing a car Let me be crystal clear about where I stand on this issue. For the overwhelming majority of people who lease a car, it’s an incredibly unwise financial move. Here are [...]

walkawayfrommortgage-rs
February 28th, 2011

Q: I recently found out that my home is worth $140,000 less than what I paid for it four years ago. I have a 40-year loan. My mortgage company refuses to modify the loan. I was not very well informed and took bad advice in this purchase. I’ve heard about people just walking away from [...]

creditfix-rs
February 24th, 2011

Q: I am in the process of getting a divorce, and I want to rebuild my credit [score]. It’s very low. And, I don’t know where to start. I want to use a credit agency, but I am not sure. I have heard that it’s best to use nonprofits; but I never hear that they [...]

debtsettlement-rs
February 21st, 2011

Q: My husband was divorced from his first wife approximately eight years ago. They have three accounts in collection, which is hindering our chances of purchasing a home. Is it possible to write a letter to the creditors to settle his half of the debt or is he responsible for it all? San Francisco, CA [...]

ral-rs
February 16th, 2011

Q: Is it a good idea to make use of refund anticipation loans when filing taxes? What’s the big deal? A: A refund anticipation loan (“RAL”) is a short-term loan backed by your tax refund. And it’s a bad idea because of all the fees involved. The loan lasts only until your refund arrives, which [...]

Page 9 of 26« First...789101120...Last »