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If you cosigned a loan and then went bankrupt and the original loan person skipped on the loan are you now liable as the cosigner even though you went bankrupt before?
Wiki User
∙ 16y ago
Yes you are still responsible, especially if you didnt put it in your Bankruptcy, Any obligation you dont include you are still responsible for
Wiki User
∙ 16y ago
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Lee put $5,000 into a stock market index mutual fund that grew at an average of 6.5% per year for 10 years.Without any added deposits or withdrawals, about how much is in Lee’s mutual fund account after only 8 years, if you ignore compounding?
Ignoring compounding the annual increase is 5000 * 0.065 = 325 So he gains $325 per year for eight years which is 325 * = 2600 2600 + 5000 = $7600 in total. We could have skipped some steps by doing 5000 * (1+(8*0.065)), essentially multiplying the starting number by the final percentage increase.
Can you suspend life insurance?
Most policies have a built in Lapse clause. For example, in CA, if you lapse a policy (ie don't pay it for 31 days past the due date), the policy is in "lapse" status. If lapsed, then the company won't pay a death benefit if the insured dies. However, in CA, a lapsed policy can be reinstated for up to 5 years provided that the insured party has not died and is still insurable (per the company's determination). To reinstate, you would need to pay all premiums that were missed plus interest. For whole life and universal life policies, because they have a cash value, often a policy premium can be skipped temporarily or for a period of time without lapsing. Most companies will do this automatically if you are late on a premium. Feel free to ask more. Brian Lombardo, CPA, Agent
How do you compute value of preferred stock?
You can check with a stock broker and ask for a quote on the price of a preferred stock. A preferred stock pays a fixed dividend. The dividend does not go up. It does not go down. Some times when business is bad and the company does not make a profit, the company fails to pay the dividend. If the stock is non cumulative, the dividend is simply skipped. If it is cumulative, then it is paid if the company makes money. When there is money, the preferred dividend is paid first. The stock may or may not be convertible. If it is convertible, it can be exchanged for common stock if the value of the common becomes higher than that of the preferred. The preferred percentage is based on the value printed on the face of the stock. It may be $100 or $1000. Thus if it is 5% of 1,000 the dividend is $50. All that is simply to say a number of factors go into calculating the value of preferred. How stable is the company. Will it pay the dividend. How does the dividend compare to the same amount of money invested in government securities? Is the preferred convertible? Of corse preferred are usually voting shares just like common shares. If there is a proxy fight then that can also affect the value.
What does a B mean on a 1957 US silver certificate?
A letter next to the date on any US bill (not just silver certificates) is called a "series letter", and indicates what where the bill and others like it fit into the different print runs that make up a series. Series letters can be very confusing because they don't quite follow a natural sequence and in addition their meaning has changed over the years. Normally the first set of bills in a series is "plain"; i.e. they don't have a series letter. When the Treasury decides to add a series letter they start with A, then B, and so on, which means that A actually indicates the second subseries, B the third, etc. Up till 1974 the Treasury defined a series as beginning only when a bill was given a major design or production-method change. At that point the denomination's series date would change, but the date would then stay the same until the next major update. If the President appointed a new Secretary of the Treasury or US Treasurer while that series date was in effect, the letter would increase. Because $1 bills used the same design for decades, this practice led to the absurd situation where 1935-dated bills were printed into the mid-1960s and series letters incremented almost halfway through the alphabet. The Treasury changed the criteria so a new series date would be assigned whenever a bill was updated OR a new Secretary of the Treasury was appointed. Series letters would increment only when or if a new Treasurer took office during that Secretary's term. As a result bills since the 1970s have many different series dates while series letters rarely go above B or C. Of course like most bureaucratic practices the new rules aren't always followed exactly. There have been a few cases where designs changed without a new series date, or a series letter was skipped if no bills were printed during a particular Treasurer's term.
What is a sentence for skipped?
i skipped to school
What is the past tense of skip?
The past tense is skipped.
What is the duration of Skipped Parts?
The duration of Skipped Parts is 1.67 hours.
When was Skipped Parts created?
Skipped Parts was created in 2001-01.
How many number syllables in the word skipped?
The word 'skipped' has one syllable.
How do you spell skipped?
That is the correct spelling of the word "skipped" (passed over, or gamboled).
Why was Jonas skipped?
Jonas was skipped because he did not have a specific question or request. If you have a question about Jonas, feel free to ask!
How do you use the word skipped in a sentence?
He skipped school yesterday to go to the movies with his friends.
What is the duration of The Beat That My Heart Skipped?
The duration of The Beat That My Heart Skipped is 1.78 hours.
What is the past tense and past participle of skip?
The past tense of "skip" is "skipped" and the past participle is also "skipped."
Which by from mindless behavior got skipped a grade?
the boys who skipped a grade was princeton and ray ray
When was The Beat That My Heart Skipped created?
The Beat That My Heart Skipped was created on 2005-02-17.
