What would you like to do?
Does the money received from an auction of the car go towards the debt owed even if you received a refund from it also?
IF you got the "surplus" refund, it should have been payed off. You must have had a lot of equity(down payment) in the car to get a refund.
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That depends When did you suffer the loss? Did you own the vehicle at the time of the accident that resulted in damage to it? Did you file a claim BEFORE you so…ld the vehicle? If you filed a claim and subsequently sold the vehicle, you should have no trouble collecting for your loss. If, however, you failed to file a claim and then sold the damaged vehicle at a reduced price and now regret that move, you're pretty much out of luck.
Answer That depends on what insurance coverage you have. If you bought only the state-required liability, NO. If you have full coverage you will get the book va…lue of the car minus your deductible. If you have a loan on the car, this will probably not pay it off and you will still owe the remainder unless you also purchased "gap" insurance. Gap insurance will cover the remainder of the loan except for the deductible.
In the state of Georgia if a spouse receives life insurance benefits is the surviving spouse responsible for the deceased spouse debt if surviving spouse's name is not on any of the debt owed?
In Georgia, as in most states, life insurance proceeds to a named beneficiary become the property of the beneficiary and are therefore not accessible to the creditors of… the decedent. Of course, this does not apply to joint debt between the spouses or any debt solely in the name of the surviving spouse. In short, if the surviving spouse's name is not on the debt of the decedent, the surviving spouse has no legal obligation to pay such debt.
You have to have your paypal set up with a bank account OR a credit card so you can carry a paypal ballence yes!!
Yes, of course. So could any creditor. Where your money/asset comes from makes no difference. You essentially spent or committed it to the one you owe when you… incurred the debt and made the promise/obligation to pay.
In the rare case that there is money left over after payoff of the note, penalties, taxes, and the fees involved in the foreclosure and auction, the second mortgage and …other liens can then be paid off, and if there is still money left over, the home owner will receive the excess equity because the banks and lawyers have already been paid what they are owed.
No. Usually a bank will send your debt to a collection agency. Most collection agencies don't have the authority to garnish your tax refund.
What can you do when a doctor owes you a refund because the insurance also paid and the doctor refuses to refund your money?
Each state has a medical board where complaints are filed. Go to your states government website (usually ends with .gov) to find the form. Also, complain to the BBB about t…his doctors office. A doctor doesn't want a complaint to show up publicly so he will want to settle this. Send a copy of the receipt to the insurance company and they will adjust to pay you instead of the doctor.
General guidelines: If the money you receive is to replace taxable income - loss of wages, for example - then there is a taxable situation. (You would have paid tax on …the income had you received it normally). If the money is to pay for hospital bills, household assistance, auto repairs or replacements - basically things to restore you to where you were before the event, then there's no taxable event (assuming you didn't tryto take a deduction for the casualty loss - meaning you can't deduct a loss that you are reimbursed for, as no loss actually occurred).
no you may not ans Actually yes you can. The Earned Income Credit (or EIC) may be paid as a refund even if someone had no other income to report and pay on. addition …= If you have no earned income, you would not qualify for the earned income credit.
NO. The first refunds from the IRS if your income tax is prepared correctly and transmitted electronically on-line between JANUARY 15 AND JANUARY 21 with Direct Deposit and AC…CEPTED by the IRS your refund amount may be sent DIRECT DEPOSIT JANUARY 29 and if not DD the refund may be mailed out on February 5 2010.
If a creditor is taking your car to be sold as payment and you still owe money on the car what happens once it is sold at auction does part of the money go towards repaying the loan on the car?
Answer Yes. all of it should go toward repaying the loan. That is why they reposessed it...because of the delinquent loan.
In Income Taxes
You don't receive any thing back as a refund. You need to make about $12 to $15 thousand a year before you get a refund. Work harder !!!
In Non-US Taxes
If you do not receive a refund, you should contact the Central Clearing House for VAT refunds. If you have no luck this way, you can contact the store(s) that you mostly p…urchased from in regards to your return.?æ
It depends on your deductions, marital/filing status, exemptions, your total other income, etc. There is no way for someone to tell you based just on that information. Plus st…ate taxes vary by state.
In Car Selling
Some titles are on hand while others are not. Most auctions will charge the seller $50.00 if the title is not at the auction when the car is offered for sale. If you purchase …a car from an auction they have 30 days to get you a title. If they fail to do so the seller has to take the car.