Sixteen rules for paying your bills
Threats to ruin your credit should not boost a debt's priority. In many cases, when a collector threatens to report your delinquency to a credit bureau, the creditor has already provided the credit bureau with the exact status of the account. And if the creditor has not done so, a collector hired by the creditor is very unlikely to do so.
Tax Tips and General Information
In fact, your mortgage lender, your car creditor and other big creditors are much more likely to report your delinquency than a debt collector who threatens you about your credit record.
"Beware of tax preparers who promise big tax savings. The IRS is toughening up the enforcement of tax laws and it has more than doubled its investigation of tax return preparers who generate false returns. Choose your tax preparer carefully."
Quit My 401k?
The knowledgeable folks at PBS offer this tip and other general information to help the professional driver and business owner with his personal financial issues.
"Before we begin, let's make sure that everyone understands that a 401k plan is an account that allows workers to contribute to their own retirement plan. The money that they contribute is deducted from their pay and is not taxed as ordinary income."
Health insurance - Can you afford to live without it?
Many Americans believe that essential health care should be - and in fact, is - provided to those who need it, regardless of a person's financial resources or health insurance status.
Protect your A$$ets!
But the reality is that uninsured people are significantly less likely than those with insurance to receive health care deemed necessary by physicians, including preventive services and care for chronic conditions.
The State of Delaware is a leading domicile for U.S. and international corporations. More than 500,000 business entities have made Delaware their legal home including 300,000 corporations and 200,000 limited liability companies and partnerships.
These businesses have discovered the advantages of legal protection of assets through incorporation. This same protection is available to the small business owners in expediting.
Managing cash and controlling costs are important elements to building a successful trucking operation. Today's trucker must use every tool at his or her disposal to ensure they are operating as profitably as possible.
Getting the best deal on prepaid phone cards
One of these tools is the ability to calculate both your revenue per mile and your cost per mile.
Just like a pair of shoes, you want to look for the card that fits you best. Before you buy, look at your needs. If you'll be making frequent short calls, avoid cards with connection fees or calling minimums. But if you're making longer calls less frequently, it might be worth trading a reasonable connection charge for a lower per minute rate.
Dealing With Debt - Recovery
Bankruptcy has a negative effect on your credit rating and stays on your credit report for 7 to 10 years. It is difficult to obtain a credit card after bankruptcy, at least for the first several years.
The good news is: You can eventually rebuild your credit even if you've had to file for bankruptcy. It's possible to get a major credit card or loan usually two years after filing bankruptcy.
Consumer debt in the U.S. reached a total of over $1 trillion in 1999. Credit card debt was over $500 billion. Over 1.2 million Americans filed for bankruptcy in 2000 according to the American Bankruptcy Institute. That's up from 330,000 in 1980.
10 ways to bounce back after bankruptcy
Here is one woman's story about the financial pit she and her husband have dug for themselves.
"Nothing's out of the question," says one financial advisor. "I think the problem people run into is just their level of desperation. Wait two years. You can still apply for mortgages and other types of loans if you can show you're responsible and can be trusted."