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What was the most money spent at a slave auction?
The most money ever spent at a slave auction was in Savannah, Georgia at the Race Course. The total amount of money bidded was $303,850 which is about $6,700,000 now.
What happens if your vehicle is repossessed for Florida residents?
The vehicle will be taken to a storage lot, or sent directly to auction. The borrower will be notified by mail of the lenders intent to sell the vehicle either by an Order of Repossession or a Notive of intent. The vehicle will either be sold at auction or redeemed by the borrower. If sold at auction, the purchase amount will be applied to the loan debt. If the purchase price exceeds the debt plus all repo fees, the remaining amount will be refunded to the borrower. If the purchase amount is less than the loan debt (the more common scenario), the borrower will be required to pay the remaining amount of the debt.
What is the maximum amount you can deposit in a bank before the IRS is notified?
You can deposit just under 10,000 dollars in a bank before the IRS will be notified. However, if it looks like you are trying to cheat the system, they may be notified by the bank.
What does no reserve auction mean on jewelry?
If an item has a reserve price at an auction it means no matter the amount bid it will not sell unless it reaches the reserve price set by the seller. This price is not known by the bidder. In a no reserve auction the item will sell by the highest amount bid on the item this is known as a true auction.
Will Goodwill accept my car donation, and are there any sites that will explain the car donation process to me?
Most charities will accept the donation of your vehicle. The vehicle is transfered to an auto auction company, which will sell the car at auction, then notify the charity of how much the car brought in. Funds will be transfered to the charity, minus the auctioneer's fee. You will then be notified in writing within 30 days of the amount for which the car sold. This is the amount you are allowed in terms of a tax deduction. The information is available online at a number of sites: www.charitywatch.org/articles/car.html
How will you know what you still owe the creditor after a repossession?
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
Why does Georgia have fifteen electors in the Electoral College?
it is because of the the amount of population Georgia has.
How much is a traffic citation for following too closely in fulton countygeorgia?
The traffic citation for following too closely in Fulton County, Georgia can vary depending on the circumstances and the judge's discretion. The fine typically ranges from $100 to $500, and additional fees may apply. It's best to contact the local traffic court for specific information regarding the fine amount.
How do you get finance for buying property at auction?
Just contact your lender and get a preapproval letter for the amount you can get lending for. then obtain your loan once the auction is final.
What is the maximum amount a homeowners association can recover on a property bought at auction by a private investor in Colorado?
The answer you want is in the auction documents involved in your purchase. There is no standard.
What is definition of absolute auction?
There is no reserve--whatever the high bid is--it sells for that amount.
What is the average amount brought in from an auction of everyday household items?
The average amount brought in from an auction of everyday household items is $2,000.
