Does anyone out there know how long, in MA, a credit card company can attempt to collect a debt?
My sister, has been going to court for 3 years now every six months to tell them after bills, she has no finances left to make even the smallest of payments. She doesn't even own a car, and only gets fuel assistance. She works a part time job about 30-35 hours a week and she said she asked their lawyer how long this was going to go on and they told her, 25 years! She's 60 now.
Credit - 4 Answers
Random Answers, Critics, Comments, Opinions :
1
forever till the debt is paid
2
Since they have sued her, they can keep it going for 10 years, and can extend it for another 10 years.
3
If she is summoned to court every six months to see whether her finances have improved enough to pay.... then this process can be going on forever. Because the creditor is constantly and actively seeking payment. Only when they give up and write the debt off does a debt "age" and finally become unenforceable. The only way out is to declare bankruptcy and include this active debt and get it discharged by a bankruptcy judge.
4
The is a statute of limitations that says how long a company can file a lawsuit. However, once the suit is filed within that time, they can keep trying to collect beyond that time. Also, if she is 60 now, then she will qualify for social security soon, and will therefore have more money availlable to her, so she might be able to pay then.
Thursday, April 28, 2011
Thursday, April 21, 2011
i have a an 81 GPA and got a 1400/2400 on my SAT. Will i get into UMASS or a any state college in MA
i have a an 81 GPA and got a 1400/2400 on my SAT. Will i get into UMASS or a any state college in MA?
Im indian and want to major in finance. Will i receive any financial aid?
Other - Education - 4 Answers
Random Answers, Critics, Comments, Opinions :
1
That's a TERRIBLE SAT, but maybe
2
Ask your Guidance Counselor, or call the Admission's Office of one of the schools in MA.
3
yes you will Indians have the right to!
4
don't try to fail
Im indian and want to major in finance. Will i receive any financial aid?
Other - Education - 4 Answers
Random Answers, Critics, Comments, Opinions :
1
That's a TERRIBLE SAT, but maybe
2
Ask your Guidance Counselor, or call the Admission's Office of one of the schools in MA.
3
yes you will Indians have the right to!
4
don't try to fail
Thursday, April 14, 2011
100% financing in pittsfield ma
100% financing in pittsfield ma?
Are there any banks that offer 100% financing in berkshire county to first time home buyers?
Renting & Real Estate - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
That is very hard to find anywhere at this time. Save your money and get a FHA loan which will require 3 1/2% down.
2
The only 100% financing program that I know of is for Rural Development, but you have to live in a rural area. I'm not sure if Pittsfield would qualify. Check with a mortgage officer, or visit the USDA web site.
Are there any banks that offer 100% financing in berkshire county to first time home buyers?
Renting & Real Estate - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
That is very hard to find anywhere at this time. Save your money and get a FHA loan which will require 3 1/2% down.
2
The only 100% financing program that I know of is for Rural Development, but you have to live in a rural area. I'm not sure if Pittsfield would qualify. Check with a mortgage officer, or visit the USDA web site.
Thursday, April 7, 2011
"Owner Financing" BOSTON, MA
"Owner Financing" BOSTON, MA?
I'm living in Boston and looking to buy an apartment building with "owner financing." Does anyone have any advice on how to go about doing this. Id est... contact an agent, et cetera? I'm not sure how to find an apartment building that will offer it, or if I'm suppose to make the offer directly, or have an agent do it for me. Any help would be greatly appreciated. Thanks!!
Renting & Real Estate - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
It doesn't really matter just where you live ..... BUT; you could place an ad in the newspaper stating what you need under "Real Estate Wanted " .... If you get no answere from your ads in a month ; then contact a reputable and highly reconazible Realtor to assist you in finding what YOU are looking for ..... You can also continue to look in the calassifieds for an apartment building as well as several sites on the internet ....
2
Most public wesbites for MLS systems have limited search criteria. You can enlist an agent to set up a search for these properties for you where the owner is offering "owner contract" terms & they can then email you new listings as they become available. If the owner does not own the property free & clear AND has an existing owner contract (not a bank loan), make sure all payments (yours & the one the owner is wrapping by making his payment from yours) are placed with a contract collection agency. This will insure that your payment is paying the first underlying loan & you won't end up in a foreclosure situation if the seller defaults in his loan. Happy Hunting!
I'm living in Boston and looking to buy an apartment building with "owner financing." Does anyone have any advice on how to go about doing this. Id est... contact an agent, et cetera? I'm not sure how to find an apartment building that will offer it, or if I'm suppose to make the offer directly, or have an agent do it for me. Any help would be greatly appreciated. Thanks!!
Renting & Real Estate - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
It doesn't really matter just where you live ..... BUT; you could place an ad in the newspaper stating what you need under "Real Estate Wanted " .... If you get no answere from your ads in a month ; then contact a reputable and highly reconazible Realtor to assist you in finding what YOU are looking for ..... You can also continue to look in the calassifieds for an apartment building as well as several sites on the internet ....
2
Most public wesbites for MLS systems have limited search criteria. You can enlist an agent to set up a search for these properties for you where the owner is offering "owner contract" terms & they can then email you new listings as they become available. If the owner does not own the property free & clear AND has an existing owner contract (not a bank loan), make sure all payments (yours & the one the owner is wrapping by making his payment from yours) are placed with a contract collection agency. This will insure that your payment is paying the first underlying loan & you won't end up in a foreclosure situation if the seller defaults in his loan. Happy Hunting!
Friday, April 1, 2011
My wife graduated (BSc Banking & finance) 2.8 GPA. What Post Grad program can she attend to qualify her for MA
My wife graduated (BSc Banking & finance) 2.8 GPA. What Post Grad program can she attend to qualify her for MA
We reside in Houston USA and would rather she attends a school near home. We don't want online programs. We prefer campus-based education. Thanks
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
she might have to repeat some classes to get that up to 3.0
2
It's going to be tough to get into a school for a master with a 2.8. Ask the admission office how this works and if she can be admitted on academic probation, also be prepared to pay extra fees for this. I recommend a state school, ask for professional studies or classes for working adults. Everyone has their own terminology. Also, many schools require a GRE test as a pre-req. Be prepared for that and fees for this as well. I'd completely avoid AIU, UOP, schools such as this as they're not recognized as real degrees. Many companies no longer offer tuition rembursement for these schools as well. Also, make sure the school has regional accreditation. Good luck!
We reside in Houston USA and would rather she attends a school near home. We don't want online programs. We prefer campus-based education. Thanks
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
she might have to repeat some classes to get that up to 3.0
2
It's going to be tough to get into a school for a master with a 2.8. Ask the admission office how this works and if she can be admitted on academic probation, also be prepared to pay extra fees for this. I recommend a state school, ask for professional studies or classes for working adults. Everyone has their own terminology. Also, many schools require a GRE test as a pre-req. Be prepared for that and fees for this as well. I'd completely avoid AIU, UOP, schools such as this as they're not recognized as real degrees. Many companies no longer offer tuition rembursement for these schools as well. Also, make sure the school has regional accreditation. Good luck!
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