Debt Collection

Understand that the IRS is going to collect what it is owed.

If you marry this person, that is going to affect you directly or indirectly.

To the extent that your spouse's income is going to pay taxes and other debts, your spouse cannot help pay the rent/mortgage, utility bills, car payments, grocery bills, credit card bills, and so on. YOU are going to have to pay more than your fair share of all of the other household expenses and live a poorer life because your spouse is going to be spending all of his money paying back his debts.

And people seldom have just a tax debt. If he is so far behind in taxes, he probably has a bunch of other bills, maybe many that you don't know about, that he is going to have to pay off too.

So, do you really want to spend the rest of your life (till death do you part?) carrying your spouse and paying their bills?

Why the rush to get married? Is there some sort of marriage emergency? Open your eyes. When you marry someone, you get them and all of the good and all of the bad. You have to assume that the baggage they bring with them (financial and non-financial) is going to become your problem, too. Why don't you give this guy/gal some time to straighten out their finances and show that they can be responsible before making the commitment?

OK. So you've decided you're going to get married anyway.

As far as taxes go, the most important thing you can do is to make sure you are NOT getting a refund at the end of the year. If you don't have a refund coming, no one can take it away from you.

Most people get a refund. They get a refund because they pay far more tax every week from their paycheck than is required. At the end of the year when they add up their taxes, the total is far more than was required and then they rush to file their taxes and get a refund of the overpayment.

Reduce the amount of taxes being withheld from your paycheck. Get a new Form W-4 from your employer's payroll or HR office. Claim more withholding allowances. (Hint: Form W-4 asks for withholding allowances, not exemptions. Most people mistakenly think they have to fill in the same number of withholding allowances as exemptions.)

Claim enough withholding allowance so that at the end of the year you are not getting a refund and so that you don't owe the government more than $1000.

If you want to see how much tax will be withheld by claiming different numbers of withholding allowances use this calculator:

http://www.paycheckcity.com/NetPayCalc/netpaycalculator.asp

If you are eligible for the Earned Income Credit (EIC), ask your payroll office for Form W-5 in addition to W-4. Filling out W-5 will allow you to receive a little bit of your EIC payment with each paycheck instead of in one big lump sum at the end of the year.

If you have a refund coming at the end of the year and file jointly, the IRS will take your refund and use it to pay your spouse's taxes. You can file separately to avoid this, but filing separately will cost you a LOT more taxes (so you lose either way) and you will be ineligible for certain benefits such as a Roth IRA, thus hurting your future.

Alternatively, you can file jointly and then file an injured spouse relief form. The form is rather complicated and it will take months to process. But they will return the overpaid taxes attributable exclusively to your income. But, again, you can skip this step if you don't overpay your taxes in the first place.

And, finally, visit a good family law attorney before you get married. Get a strong pre-nup drawn up. Financial problems are a leading cause of marital discord. If you don't want to end up having to pay your future spouse's bills long after the marriage has ended, you need to get a pre-nup in place before you get married.

you go to jail

As far as I know these credit card companies will allow authorized users to be added.

1. CitiBank

2. Barclays

3. CapitalOne (some cards)

4. Bank of America (some cards)

5. USAA

There may be more but these are the ones I know about.

Yes

delaware

Court

Check your bank balance online (if you have online access) or by phone (if you have bank-by-phone service) or call your bank and ask.

Yes you could be arrested for not paying your apartment debt.

A person's estate is responsible for their individually incurred debts. If there are no assets then the estate is declared insolvent and the creditors are out of luck. Some people think of assets as only being money in the bank. Perhaps you should speak with an attorney to verify that there are no assets and that the creditors are out of luck.

Yes!!

you can settle your debt before, during, and after litigation.

If you decide to enroll in a program, be leary of any that don't disclose information to you.

generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt.

A bad debt settlement company will take your debt no questions asked.

euros were made when west Germany and east Germany were reunited !

Circulating US coins are made in Philadelphia and Denver. Proof coins are made in San Francisco and bullion coins are struck at West Point.

Other mints, now closed, were located in New Orleans, Carson City, Charlotte, and Dahlonega GA.

Hitler had invaded Norway and the Low Countries, but there was not enough popular support for a military intervention, so Roosevelt hoped to damaged Germany's economic standing to discourage further conquest.

The failure of Reagonomics, also known as "Supply Side Economics", or "Trickle Down Economics"

This is an accounting concept. Ordinarily, debts( promissory notes) owed to you are assets- representing money that you will be able collect at some point, or sell.

Writing off a bad debt means that you consider the debt to be noncollectable -- the person that owes you is never going to pay and so your note is worthless and should be "written off" as an asset. Some tax advantage may be derived from this write off.

which of the following can replace the word hardship?

Yes, but, the laws vary from state to state. In order to find out what they legally can do to collect on a debt, you need to check the banking laws of the state where the credit card co's bank is located, NOT the banking laws of the state where you reside! For example, Utah has very lax banking laws for banks. There is not a minimum percentage of interest that the card co can charge you...so, people with slow pays, or delinquent accounts will be charged interest at 47%. The credit card banks can also put a lien on you bank accounts, garnish your wages, etc. If you are struggling to pay your bill, you can always contact a non-profit consumer counseling service to see if they can negotiate repayment of the debt under terms other than the current terms. What this means is that they can put together a proposal so that you have little or no interest on your account, or, they can negotiate repayment of the debt at a lower amount then what is currently owing on the account.

1) Go into the bank and speak with the branch manager where you have the account.

2) Demand to see in writing where the Federal Reserve allows them to hold your funds for that extended period.

3) Send a fax to both the local branch manager and a bank executive [VP], demanding your money. Ask them to show you legal proof that allows them to hold your funds hostage 3) In the fax, tell them if they do not release your funds immediately, you will find complaints with the following authorities: - The Attorney General for Your State

- The State Agency that Regulators the Bank

- The Local Justice of the Peace

Why might the government freeze assets?

To stop crime activity.

what are the forms needed to file a wrongful foreclosure lawsuit There are no forms. A foreclosure is not filed in a small claims court, so strict rules of civil procedure apply. In other words, you will need to act like a lawyer and will be held to the same standard in all rules of court as a licensed lawyer would. Normally, any defense you would have to the foreclosure, would be expected to be pleaded in the original foreclosure suite. If based upon facts that were only discovered after the final judgment, you might be able to sue but, again, you would need an attorney.

Attempt to collect: yes they can attempt to collect long after the 7yr tradeline expiration date.

Report: no since the very first account default triggers the 7yr deletion timer not when the collection agency receives it from the original creditor.

generally speaking, if some one such as a creditor sues you to recover what is asked for in the summons and complaint. Your appearance is mandatory, unless you want to let the plaintiff to win by default, and gets everything he can convince the Judge he is entitled to by whatever proof is presented in court. Its never a good idea to just NOT appear. if you do not believe you can offer testimony to lessen the damages he is seeking, do what you will. why would you consider not going?? you think he'll win anyway? what if he says things that you can contest, but was not there, so he gets it all, like it or not!!!

Getting out of credit card debt can be a challenging process, but there are several strategies you can use to accelerate the process and become debt-free as quickly as possible. Here are some tips for the fastest way to get out of credit card debt:

Stop using your credit cards: This may seem obvious, but it's essential to avoid accumulating more debt while you're trying to pay off your existing balances. If you can't resist the temptation to use your credit cards, consider cutting them up or freezing them in a block of ice to make it more challenging to access them.

Create a budget: To pay off your credit card debt quickly, you need to know exactly where your money is going. Create a budget that includes all of your income and expenses and identify areas where you can cut back. Use the extra money to make larger payments on your credit card balances.

Focus on high-interest debt first: If you have multiple credit card balances, focus on paying off the one with the highest interest rate first. This will help you save money on interest charges over time and allow you to pay off your debt more quickly.

Consider a balance transfer: A balance transfer allows you to transfer your existing credit card balances to a new card with a lower interest rate. This can help you save money on interest charges and pay off your debt more quickly. However, be aware that balance transfer fees may apply, so do your research before making a decision.

Increase your income: If you're struggling to make ends meet, consider finding ways to increase your income. This could include taking on a side hustle, selling items you no longer need, or asking for a raise at work.

Remember, getting out of credit card debt takes time and effort, but it's possible. Stay focused on your goals, create a plan, and stick to it, and you'll be debt-free before you know

Make easy money check link in bio!

yes many times a bank will indicate that a check is cleared and later the check will come back from the other bank stating that it was not a good check or NSFs. Unfortunaetly there are some banks that will show a check as cleared even before it has as a customer courtesy