Archive for July 2009


What would happen if the US govt went bankrupt? How would that affect the typical American?

July 31st, 2009 — 09:51 am
bankrupt
Yukidaruma1278 asked:


I’m an American very concerned about this. What would happen to me should the govt go bankrupt?

Is bankruptcy possible under current circumstances?

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6 comments » | Personal Finance

Is there a trust you can put your home into to keep banks from foreclosing on it?

July 31st, 2009 — 09:31 am
foreclosing
lamaradams3 asked:


Is it true that you can put your home into some kind of trust to keep banks from foreclosing on your home. Is that true???

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4 comments » | Renting Real Estate

How does a person who has gone bankrupt get an apartment or a loan?

July 31st, 2009 — 06:17 am
bankrupt
natasha asked:


I was wondering this because(no i am not going bankrupt) it seems that good credit is vital to obtain anything, even a place to live. i think it’s ridiculous. people who have gone bankrupt need a place to live to, and a car to drive. How do they get an apartment in thier circumstances? and how do people with poor credit get one? live on the streets? It seems very unfair.

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4 comments » | Renting Real Estate

How can one have repossession erased from their credit report?

July 31st, 2009 — 04:45 am
repossession
jolie asked:


My friend’s car was repossessed last month but, she was able to get the car back. It still shows on her credit report. What can she do to have it erased or removed?

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6 comments » | Credit

Own stock in company that has gone bankrupt?

July 30th, 2009 — 02:09 pm
bankrupt
Codewzrd asked:


I bought stock in a company in 2000. The company went bankrupt in 2001. I still have the stock in my brokerage account. Can I still claim capital loss on those shares in this year’s tax return?

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4 comments » | United States

What happens to my stock if a company goes bankrupt?

July 29th, 2009 — 07:24 am
bankrupt
Joe K asked:


I own stock in a company that is facing bankruptcy. Will I lose my stock if the company is acquired by another company or will I lose my stock if they go bankrupt and do a reorganization settlement/agreement with their creditors?

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5 comments » | Investing

I need a guaranteed personal loan for people with bad credit. Not a payday loan either, any suggestions?

July 29th, 2009 — 02:54 am
personal loan
Arianna B asked:


I do not want a payday loan, but need a personal loan and have bad credit. I am actually planning on taking the cash and paying off my 3 current credit cards (total is $2k) and rebuilding my credit that way. Any suggestions? And please do not say prosper cause all that did was make me keep requesting and noone ever assisted.

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17 comments » | Personal Finance

What rights does a tenant have if the owner is foreclosing on a home?

July 26th, 2009 — 11:29 am
foreclosing
mlexxyldy asked:


i am a property manager that found out the owner is foreclosing on the home. I need to know what to do at this point

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Comment » | Renting Real Estate

What is the best way to settle credit card debt?

July 24th, 2009 — 05:03 pm
debt
adams asked:


I am in search of a company or method that will allow me to settle or consolidate my credit card debt. I have researched some companys but I am not sure what is real or a scam. Fidelity debt solutions is one of them. Has anyone had any luck with any of the debt consolidation programs or debt settling programs? Let me know. I need help.

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6 comments » | Credit

Applying for a personal loan will it affect us in buying a home?

July 24th, 2009 — 06:35 am
personal loan
YSM asked:


We payed down our credit cards and we need a personal loan to pay off a college degree and do some fixer upper in the house we have now. We want to buy another home will this affect us in getting a loan with the bank for our new home? Our credit scores right now are excellent. Need professional advice.

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8 comments » | Credit

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