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Personal Finance : Business & Finance
What Is the Procedure for an HOA to Foreclose on a Property?
Even if you make your mortgage payments religiously or own your home free and clear, you can still face a foreclosure. If your part of a homeowners association, or HOA, you are subject to regular fee collection to cover maintenance expenses in the neighborhood. Because the laws regarding HOA foreclo
Can I Redeposit a Hardship IRA Withdrawal?
Taking money out of an individual retirement account is risky business and could result in the loss of some of your retirement savings. Hardship withdrawals are allowed by the Internal Revenue Service, and provide the benefit of removing money from your account without the normal 10 percent penalty
Illinois Nuclear Engineering Scholarships
A student seeking a degree in nuclear and plasma engineering in the state of Illinois has several possible sources for scholarship assistance. There are national programs available to students seeking a career in nuclear engineering. Some national engineering societies also have branches that serve
Traditional IRAs & Roth IRAs
An individual retirement arrangement, or IRA, allows workers to save for retirement while saving money on their taxes at the same time. Both traditional and Roth IRA accounts can provide substantial tax savings, but they do so in very different ways. Understanding the differences between the two typ
How to Calculate Average Cost
There is nothing mystical or deceiving about average cost. It is an extremely straightforward accounting concept. The calculation gives the average cost of similar goods sold during a specific time period. Its purpose is to allocate the cost of goods available for sale on the basis of the weighted a
Steps To Take If Identity Theft Happened To You
Identity theft something that happens to alot of people every year and it's a thing that you will want to take seriously. If you have been a victim of identity theft, then this article is ...
Which of These 4 Components of a Complete Building Wealth System Are You Neglecting?
The economy has been in a recess lately. Many folks are getting cut from their occupations. A lot of people are selling their houses, working side jobs, and decreasing the quality of their way of ...
Ways to Present Bank Checking Account Products
Setting a checking account advertisement as a display message on ATMs may intrigue customers.atm user image by Neelrad from Fotolia.comChecking account products --- that is, various forms of checking accounts --- are popular at banks because the accounts are so easily linked to debit...
How to Appeal Your Disability Pension
Veterans receive pension benefits based upon a disability percentage concerning the severity of injury the individual may have experienced during wartime. The U.S. Department of Veterans Affairs (VA) has a rating system that determines benefit eligibility. To receive a pension, the individual files
How Does Disability Affect Social Security Payment Upon Retirement?
Social Security statistics for 2009 show that disability claimants received nearly $1,200 each month in benefits for disability payments. This does not include SSI (Supplemental Security Income), another branch that pays disability based on need. Social Security disability payments derive from the w
What Happens When a Creditor Files a Judgment?
Creditors may go through the courts to get you to pay what you owe if your account becomes delinquent. Once a creditor files a complaint or motion for judgment against you, you must address the complaint. You have some options during this process, but unless the creditor withdraws the complaint, you
Is it Advisable to Have Many Credit Cards And Bank Accounts?
It is not strange to find a person with stacks and stacks of credit cards - all these are active, mind you. This is because there are a lot of credit card companies nowadays that ...
What Are the Duties of a Trustee Over a Bank Account?
Trustees take on financial responsibilities on behalf of the beneficiary.bank image by Pefkos from Fotolia.comPeople sometimes do not want or are not in a position to handle money in their bank accounts. For example, a businessman may want someone to make payments from an account while he...
What Happens if You Borrow From a 401K Plan
Individuals may not borrow more than 50 percent of a 401k plan balance or $50,000, whichever is smaller. Like any other loan, they must pay back the money that they borrowed over a specified period of time.
Is the Executor of a Will Responsible for a Mortgage?
When an individual passes away, the executor is the person who takes over the financial responsibilities for the deceased. If you were chosen as an executor for a friend or family member, you typically will not have to pay any debts left by the deceased. In some cases, however, you could be held per
How to Open an Escrow Account After Closing
Mortgage lenders open escrow accounts for their customers to help them pay for their property taxes, homeowner's insurance payments and, if applicable, mortgage insurance premiums with their monthly mortgage payments. Most lenders require homeowners to establish escrow accounts as a condition of app
Roth IRA Age Limit Rules for Withdrawals
The Internal Revenue Service (IRS) has established withdrawal rules for Roth Individual Retirement Arrangements (IRAs), which are listed IRS Publication 590. Contributions to Roth IRAs are not deductible for tax purposes, generally withdrawals are not taxable. Withdrawal rules for Roth...
Why and How to Invest in Silver Bars?
Buying and selling silver bars is a popular investment strategy for many reasons. First, their compact size and simple method of storage are what makes them so appealing to investors. In addition, they are a ...
Encouraging Tips to Help You Achieve Financial Independence
The road to achieving financial independence has its share of ups and downs. Nobody said it was easy. If you're someone who is very serious about becoming financially free it's important to know you need ...