How to Fix Your Credit after Identity Theft
For the most part, technology is a universally beneficial entity. Advances have changed the faces of communication, science, and information. On the opposite end of the spectrum, confidentiality has become more difficult to safeguard. In a world where information is a click away, identity theft has plagued the lives of thousands. If you are a [...]
Sally Herigstad: What benefits are exempt from garnishment?
I worked and lived in Oregon. I was fired last June. I collect Oregon unemployment and Social Security benefits. Can either be garnished for credit card and hospital bills? — The short answer is “no.” Most creditors cannot garnish either unemployment or Social Security benefits. Even if they could, by the time you take an [...]
Real Estate and Roth IRA
As said at roth-ira.org, Roth Ira is an Individual Retirement account that is considered to be the best among other IRA plans and 401k plans especially because of one reason, that is, the money contributed to a Roth IRA are given only after tax deduction, so at the time of withdrawing the money in future, [...]
Biggest losers of debt: Michigan couple honored for paying $92,000 credit card debt
The U.S. government can learn a lot about shedding debt from Jerry and Sue Bailey. The Jackson, Mich., couple paid off $92,000 in credit card debt in 5-1/2 years. “I still can’t believe it when I hear the amount. I don’t wish this on anybody,” Sue Bailey says. The couple’s massive debt reduction earned them [...]
Creditworthiness and Character: Illustrating Responsibility
Clean credit offers a plethora of rewards: willing lenders, competitive interest rates, advanced buying options, and more. Why do such doors open? Responsibility, of course. Not only do clean credit scores inspire lender confidence, ones journey getting there is worth consideration as well. Read on to discover how achieving a record of clean credit illustrates [...]
Trustee in Meridian Automotive Systems Files Preference Complaints
On August 7, 2009, Meridian Automotive Systems (“Meridian”) filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code. Soon after Meridian filed its petition for bankruptcy, the Office of the United States Trustee appointed George L. Miller to serve as the chapter 7 trustee (the “Trustee”) for the Meridian bankruptcy [...]