Monthly Archives: January 2010

401k Rollover Options When You Lose A Job

Posted January 31, 2010 – 1:52 pm in: Personal Finance

A 401k is a form of retirement plan that is offered to employees by an employer. The employee will not pay income tax on the money until it is withdrawn at retirement. A 401K rollover usually occurs when an employee leaves a company and chooses to move the retirement funds to another retirement plan.

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Preparing For Long Term Care Must Start Now

Posted January 29, 2010 – 7:40 am in: Personal Finance

Long term care is used by both the elderly and those who are disabled in some way that prevents them from taking care of themselves. It’s not an eventuality people expect and ever so many don’t include it in their existing insurance policies. But knowing that you could relieve the burden on friends and family, wouldn’t you take that opportunity if you could?

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Structured Settlements

Posted January 27, 2010 – 6:52 pm in: Personal Finance

A large portion of those people that receive a structured settlement can gain benefit from selling it for an one-off sum payment. The situations listed in this section represent possible circumstances of individuals that will get the most rewards from selling their structured settlement.

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Prepare Now While You Can For Long Term Care

Posted January 26, 2010 – 4:45 pm in: Personal Finance

Long term care is a term that means both medical and non medical services that are used by individuals that have a disability or a chronic illness. They include both personal and health related needs. Some of these needs classified as non medical would be getting dressed or taking a bath. In many cases long term care takes place in a facility of some sort that provides either assisted living or nursing care. But, it can also take place in the home of a relative or the home of the person needing care. It should be noted that not all people receiving this type of care are elderly.

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Refinancing Homes In Bankruptcy The Possibilities

Posted January 25, 2010 – 1:21 pm in: Mortgage

Homeowners in difficult times may find some comfort in learning of options that will help them to avoid foreclosure in the event of bankruptcy. We all try to prepare and plan ahead, but planning for what we never intend to happen does not seem to make sense. For whatever reason, the best laid plans can go wrong. Refinancing homes in bankruptcy is sometimes necessary.

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Consolidating All Of Your Debts With A Single Mortgage

Posted January 24, 2010 – 7:57 am in: Debt Consolidation

Having more than one credit card or line of credit will be burdensome once the debt starts accumulating. In fact, it can lead to confusion and errors that those in debt need not make if they are to recover from a hole they may of dug in their finances. Debt consolidation is a simple solution to such a confusing scenario.

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How To Get Insurance Quotes

Posted January 22, 2010 – 10:02 am in: Personal Finance

Getting several insurance estimates offline can be a real pain in the neck. There are countless wasted hours spent, rehashing and repeating your most private information and details to multiple telesales representatives, in a desperate attempt to find the lowest auto quotes available. It is a process that takes entirely too much time to do, and no one likes repeating themselves over and over to customer service rep after customer service rep. Plus, it’s hard enough finding a kind-hearted employer who will allow you to use the phone during your lunch break!

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Nedbank Homeloans – Rumored To Be One Of The Best, But Are They?

Posted January 20, 2010 – 10:01 pm in: Mortgage

Buying a home is one of the biggest investments a person will ever make. That?s why you must take the time to shop for a home loan, do your research and make sure you find a home loan that suits your needs. You?ll want to use a qualified lender as well.

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The Truth Behind Buy One Get One Free Coupon Savings

Posted January 19, 2010 – 5:19 pm in: Personal Finance

It has become more difficult to shop with our economy the way it is. Purchasing items that are necessities come before luxuries. Coupons are becoming increasingly more popular as a way for cutting back on the cost of shopping. I have to admit though I am the customer that used to stand in line complaining about how long it was taking for another customer to sift through their coupons. I had a very wide opening event though that completely changed my thoughts in regards to coupon users. A customer in front of me one day at the store was told by the cashier she had saved seventy dollars. Against my better judgment I asked how she saved so much. Her response was “I used a lot of buy one get one free coupons.”

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HELOC Is One Way You Can Take Out A Loan

Posted January 18, 2010 – 4:59 am in: Mortgage

A HELOC is a home equity line of credit. This is one way some people use to borrow money for large purchases such as their children’s college education or a large purchase that they would not otherwise use their credit card to purchase. Because this is a variable interest rate loan it will have some tie in with current mortgage rates.

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Car Insurance Considerations

Posted January 16, 2010 – 6:20 am in: Personal Finance

Taking out car insurance is never fun, but it’s required by law and something you should not take for granted. Always consider the following when taking out a new insurance policy.

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What is good letter to write to collection Agency if they didn’t verify a debt?

Posted January 15, 2010 – 7:46 am in: Personal Finance

I sent a letter to debt collection agency to validate a debt they have on me. I sent the letter certified mail and got a reciept. It has been more than 30 days since they got the letter. Should I send a followup letter, or repor them to the FTC and BBB for putting a [...]

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Secured or Unsecured Loan to Pay Off Debt Safely

Posted January 14, 2010 – 5:01 pm in: Debt Consolidation Review

Making the decision to address your debt issues is the first important step towards achieving complete financial freedom. If you’re making only the minimum payment, you can check with the help of a credit card payment calculator how long it would take you to repay the debt. Normally it takes longer to repay the loan [...]

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What are the requirements for me to open my own debt collection agency in California?

Posted January 13, 2010 – 11:10 pm in: Personal Finance

What are the requirements for me to open my own debt collection company in California? Are there any laws or licensing requirements? I know I will be subject to the fdcpa, but any licenses i must get first?

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Is it advisable to use a debt collection agency? How effective are they?

Posted January 12, 2010 – 1:49 pm in: Personal Finance

I want to collect a substantial amount from my Judgment debtor. Can a debt collection agent assist reliably in this regard? Can you please recommend some to me? I do understand that they don’t come cheap, though some offer free services so far they get a commission.

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