Collection agencies primarily use letters and phone calls to achieve collection. Collection letters are typically computer generated, and differ in severity. The first letter usually starts with a simple "reminder" tone and as the letters progress they may build up to a final demand.The first demand letter must legally state that the debtor has the right to dispute the validity of the debt, or if they choose to, request written verification of...more
The Perth Mints Senior Analyst, Bron Suchecki, will be outlining the different ways you can buy precious metals at a special presentation during the upcoming ANDA Coin Show in Melbourne (http://www.anda.com.au/news.asp?contentID=79).With 16 years experience in the precious metal markets, Bron is ideally equipped to answer questions about bullion purchases available from The Perth Mint.During his hour-long presentation, hell look at gold and...more
Sometimes when a court case is settled for a large amount of money, the settlement may be paid in regular installments over time instead of one lump sum. This is called a structured settlement. The structured settlement can take any form and adhere to any schedule to which both parties agree. There may be regular annual payments or periodic installments every so often. Future payments may be guaranteed by the purchase of annuities. There are companies that will buy out future payments, or purchase structured settlements. In exchange for advancing you cash right now, they will charge a fee. There are several benefits to having a structured settlement. There can be tax advantages, assurance of future income, and protection from dissipation of funds need for future expenditures. With expert counsel regarding set-up, taxes can be reduced or the settlement may be tax-free altogether. If the plaintiff's award was the result of damages making a person physically disabled, a structured settlement insures that the income will be there in the future for medical equipment and/or care. Minors who have a structured settlement are assured of money for college tuition and other higher education...more
What if you do not have the money to pay a judgement debt which has been ordered by the court. This is not unusual in these difficult times but will you be given time to pay?A court has the power when giving judgement to order payment by instalments or at some later date. The Civil Procedure Rules provides (CPR 40.11) that:A party must comply with...more
Some big corporate setbacks have been popular items in the news as of late. The most recent of them was, of course, the oil spill, the result of shoddy planning and poor execution by BP and related companies. Your Rav4 lease location will tell you that another huge one was the recent recall of Toyota models, including the Prius, Corolla and Camry....more
There is an additional level to what ought to be the purely financial problem of how to handle your credit card debt. That side has to do with the human toll that carrying that credit card debt from month to month and year to year can have on a human being and on a family. A family's finances are at the foundation of what make the family unit work. The old funny story goes "Money can't buy happiness but it can rent it." And whilst that's cute, money and debt can make the change between a family that is able to live calmly within its income and one that is on the verge of disaster. So when you sit down and decide that its time you took seriously the problem of conquering your credit card debt, you have a number of battles to fight that are not only about interest rates and least possible repayments. The fact is that none of us can face down something as overwhelming as a huge credit card debt if we just don't think we can do it. A person's self confidence is ingrained in the concept that he or she can and has had success at struggling with a problem earlier. As a result we can take on a new problem for the reason that you did it beforehand and you can do it over again. However when...more
Debt is something that weighs on the hearts and minds of many people and causes them so much stress because they have so much of it. However, if you know how to find debt relief grants you will be able to get the money you need to get out of debt....more
You have a bunch of debt? Me, too. What a small world. Or, we're both Americans - probably the more likely choice. This is because many Americans have been trained to charge their accounts to the limit. We are constantly sold that we can be happier...more
Wherever there is need for light, like in offices or the home, there is also a need to make it look wonderfully different too. Merely having harsh overhead lights is sometimes not enough to make the most of what the place offers. Indeed, how the...more
In these days of the economic downturn which has affected the world in general, many people will be forced to stop paying debts which then become overwhelming. This is the time then to turn to the Houston bankruptcy attorney to try to sort through...more
Many Christian debt counseling services or companies profess to use Biblical principles of commitment and honesty in helping people. And many of them are truly what they say they are. There are also many who only pretend to work by these...more
In the extremely difficult economic times the country and people are suffering through these days, many individuals find themselves struggling to keep up with their bills. Back when jobs were plentiful and money and credit were readily available,...more