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What else can I help you with?
Is a car loan considered recourse or non-recourse debt?
I think is non recourse debt
Do you have to pay taxes on your non-federal student loan?
No, it is a debt not income.
Non business bad debt deduction?
Non business bad debt deduction for what? if anything, the IRS will try to collect tax on it, considered as income
What is considered non-consumer debt?
Basically they it is a debt related to businesses or other non-personal matter rather than consumer debt which pertains to home, family, personal expenditures, etc.
Where can someone learn about non-profit debt management?
You can learn about non-profit debt management from New Ride Loan, Pro Sights Speciality, My Financial Goals, Money Management, Non Profit Debt Center, and from the Debt Management Group.
Can a lien be placed on a house for non paymen of personal loan?
Yes, a lien can be placed on a house for non-payment of a personal loan if the lender obtains a court judgment against the borrower. This legal process typically requires the lender to prove the debt in court, after which they can file a lien against the property. Once the lien is placed, it can affect the homeowner's ability to sell or refinance the property until the debt is settled. However, the specific rules and procedures can vary by state.
What is consumer debt?
Basically they it is a debt related to businesses or other non-personal matter rather than consumer debt which pertains to home, family, personal expenditures, etc.
Can child support garnish your student loan in Pennsylvania?
No. Child support is based upon the non custodial parent's income. A student loan is considered a debt.
Is non-loan education debt dischargable in bankruptcy?
Loans that are not from or guaranteed by a federally guaranteed program, or involve a college or university that participates in such programs, can be discharged. Room and board, fees and other non-education and non-loan debts are dischargeable.
Student Loan Consolidation and Debt Payoff Calculator?
Student Loan Consolidation and Debt Payoff CalculatorThe Student Loan Consolidation and Debt Payoff Calculator applies two simple principles to paying off high-interest debt.Consolidate your existing student loansUse your extra cash every month to pay off your higher interest debt soonerWe apply the amount of payment savings you choose to your non-student loan debt with the highest rate. When that balance is paid in full, the balance with the next highest rate will be paid down. This continues until you have rolled through all of your balances and your non-student loan debt is paid in full. Click the "View Report" button for a detailed look at the results.
Can a bank loan a sep or an IRA money to buy real estate?
Yes it can. But the loan must be a non-recourse loan, which will be more expensive than a conventional loan. There are a small number of lenders who specialize in such loans. Also be aware that taking out a loan could result in Urelated Debt Financed Income (UDFI) which can result in your IRA having to pay the Unrelated Business Income Tax (UBIT).
If you filed bankruptcy but your spouse did not what happens with a personal loan you have together that you forgot to file on?
The creditor can legally pursue collection of the debt owed from the non-filing spouse by whatever means they deem necessary, including filing a lawsuit.
