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Q: Is sales tax due on a vehicle collateral exchange?
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What does it mean when your mortgage company has released its lien on my home after a bankruptcy discharge?

It means your property (real estate) is no acting as collateral for the loan that you took out. Secured loans have collateral attached, such as a home or vehicle which the lender can reposses if you don't pay. Unsecured loans have no collateral (such as credit cards), therefore if you don't pay, all the lender can due is sue you in court.


When giving a car as a gift what taxes does the person receiving the gift have to pay in Washington?

None. See: http://www.dol.wa.gov/vehicleregistration/usetax.html * If you can provide proof that the person who gave you the vehicle or vessel paid sales or use tax on the vehicle or vessel, no use tax is due. * If the person who gave you the gift owned the vehicle for 7 years or more and is from a state or province with sales tax, it will be assumed that tax was paid and no proof is needed. * If the vehicle or vessel is coming from a state or province without sales or use tax, use tax is due.


Can your car be repo'ed if you have the title?

IF your vehicle is collateral for loan in DEFAULT, it CAN be repoed.


What are some characteristics of a Collateral Bond?

A collateral bond is a type of bond that is secured by physical assets or property. These assets act as collateral and can be used to repay bondholders in case the issuer defaults on the bond. Collateral bonds typically offer lower risk for investors due to the added security of the collateral.


29.95 The sales tax rate is 6 percent How much sales tax is due?

The sales tax due is $1.80


What can be done if a corporation can not pay the balloon payment when the loan is due?

If it cannot get the loan refinanced, then the lender could file a lawsuit and/or (if secured by collateral) take the collateral.


If you live in NH and by a car in MA will you have to pay sales tax?

Yes, 6.25 percent sales tax on any vehicle purchased in MA is due within 20 days from anyone not registering in MA, to avoid penalties and interest.


Would you have to pay monthly notes in filing chapter 7 on my vehicle?

You don't file bankruptcy "on your vehicle." You file bankruptcy to discharge all your debts. You don't get to pick and choose which creditors. But, secured creditors either have to continue to be paid or you have to surrender the collateral, in which case the balance due on the secured note would be discharged.


Are there sales in dundrum due to flooding?

No.


Shop Alberta no sales tax beat b c harmonized sales tax?

Though your right in the sense that there is only PST charged in Alberta, where there needs to be some clarification is that it is not due to HST that we are paying more tax on vehicles in BC. This is a myth. In fact, (and especially in new vehicle purchases) both PST and GST were charged on vehicle purchases anyways.


What unemployment category does a sales clerk fall into due to slow sales and is laidoff?

nothing


How do you balance sales return account?

Sales returns account are balanced and closed against actual sales for the amount of sales returned by the customers due to any reason.