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Lastest Personal Debt News

April 14th, 2011

Range Of Federal Programs Sees Cuts In Budget Deal
Health, energy and the environment, science and foreign assistance were among the areas that saw larger reductions in the fiscal 2011 budget request. Some of President Obama’s pet projects, such as “Race to the Top” aid for public schools, managed to avoid the ax.
Read more on NPR

Range Of Federal Programs Sees Cuts In Budget Deal
Health, energy and the environment, science and foreign assistance were among the areas that saw larger reductions in the fiscal 2011 budget request. Some of President Obama’s pet projects, such as “Race to the Top” aid for public schools, managed to avoid the ax.
Read more on NPR

Audit blisters PCSSD practices
The audit that landed the Pulaski County Special School District in hot water with the Arkansas Department of Education criticized the district for not acting on audit demands from 2009, including not pressing for repayments from a program run by a school official’s relative.
Read more on Jacksonville Patriot

Investors cautiously add to stock mutual funds
Investors deposited more money into stock mutual funds last month. But it was a mere trickle, compared with the surge at the start of the year.
Read more on KSWO Lawton-Wichita Falls

‘Golden Bull’ – Critical data for gold & silver investors

April 14th, 2011

‘Golden Bull’ – Critical data for gold & silver investors
Want to profit from the gold bull market? Here is an opportunity to earn 75% on a superbly researched guide to precious metals. Gold and silver are hot and getting hotter, as debts and inflation soar worldwide. Ride the ‘Golden Bull’ for golden profits!
‘Golden Bull’ – Critical data for gold & silver investors

Acquire the mindset of a millionaire!
How would you like to clear your debts and make sure you and yours lack for nothing? The Midas Method Millionaire Toolkit can teach you how!
Acquire the mindset of a millionaire!

Q&A: What is a good percentage of debt to total assets in personal finance?

April 14th, 2011

Question by Claudio F: What is a good percentage of debt to total assets in personal finance?
I think that I would feel comfortable to have 30% of my assets in debt, but I never had debt before, so I am not sure about that.
For instance, if my total assets are 0,000, then I would feel confident in getting ,000 in debt.

Best answer:

Answer by SmartA$$
I’m shooting for 0% and once I get there, I’m never going back.

Give your answer to this question below!

Lastest Personal Debt News

April 14th, 2011

Your views: Political anger runs deep (April 10)
Readers express a variety of opinions about politics in their letters to FLORIDA TODAY.
Read more on The Bay Bulletin

Budget deal: Good news, bad news
A last-minute agreement averted a government shutdown late Friday, but analysts say the high-stakes standoff revealed persistent issues that Washington still must address. CNN Opinion asked a number of regular contributors and guests for their views.
Read more on CNN

Shutdown drama: Who’s to blame?
Facing a midnight deadline to avoid a shutdown of the federal government, negotiators for the two parties continued to talk Friday and politicians continued to try to shape the public’s perceptions about the budget impasse. CNN Opinion asked a number of regular contributors and guests for their views.
Read more on CNN

Budget deal: Good news, bad news
A last-minute agreement averted a government shutdown late Friday, but analysts say the high-stakes standoff revealed persistent issues that Washington still must address. CNN Opinion asked a number of regular contributors and guests for their views.
Read more on CNN

I am starting an LLC with a partner. I have a personal IRS debt of 250k. What are the implications?

April 13th, 2011

Question by MJ: I am starting an LLC with a partner. I have a personal IRS debt of 250k. What are the implications?
Should the LLC be on his name only?
Thank you guys. Really good information. Hard to decide which is the best answer.

Best answer:

Answer by bethology
Yes, his name only. They will garnish your wages/profit. You could try to get a payment plan started so that it won’t affect the entire business, but I’m not exactly sure on that.

Go to the IRS website as well as www.sba.gov – they will have lots of good info. on this.

Good luck!

What do you think? Answer below!

Career Hunt SK

April 13th, 2011

Career Hunt SK
The Saskatchewan Party government announced the budget March 23, offering tax breaks and extra spending. It is the last budget before the provincial election this fall.
Read more on The Observer

Hospital board offers up explanations
Susan Barr and Cathy PerfectKern Valley Sun When people vote for elected officials, they do so with the hope that those individuals will act in a manner that is fair, professional and honest. Even the perception of anything short of that can generate skepticism and concern.
Read more on Kern Valley Sun

On the roadside, it’s catch as kitsch can
Omaha World-Herald SEWARD – In the world of kitschy roadside attractions, the concrete pyramid capping a buried vault here has no rivals.
Read more on North Platte Telegraph

Stocks to Watch: Walgreen Co.

April 12th, 2011

Stocks to Watch: Walgreen Co.
Company: Walgreen Co.
Read more on Fernley Leader

6 Steps to Building a Credit History From Scratch
Having a good credit score is imperative, here’s how to maintain a strong score. 
Read more on FOX Business

Week Ahead: Punch, Michael Page, Rank

April 12th, 2011

Griffith Park Downtown Vista from the Observatory
Personal Debt

Image by The City Project
Griffith Park is being restored after the 2007 fire that destroyed a quarter of the park — over 800 acres, the size of Central Park in New York City.

Ruben Martinez discusses an open park, open for all in the Los Angeles Times.

With five square miles of chapparal and landscaped parkland and picnic areas, Griffith Park is the largest municipal park with urban wilderness area in the United States. The park is in the eastern Santa Monica Mountain range. Over ten million people per year visit the park. Experts surmise that Gabrieleno/Tongva Native Americans lived and hunted in the Ferndell area of the park. The land was part of the Rancho Los Feliz, awarded in 1796 to Corp. Jose Vicente Feliz, one of the soldiers who accompanied the original 44 Pobladores who settled Los Angeles. The land passed through various hands until Col. Griffith J. Griffith, who made a personal fortune in gold, purchased it in 1884. He was unable to sell the land and donated it to the city in 1896 for a park. "It must be made a place of recreation and rest for the masses, a resort for the rank and file, for the plain people,” according to Griffith. “I consider it my obligation to make Los Angeles a happier, cleaner, and finer city. I wish to pay my debt of duty in this way to the community in which I have prospered."

The Park rises from 384 to 1,625 feet above sea level. With an arid climate, the vegetation ranges from coastal sage scrub, oak and walnut woodlands to riparian vegetation with trees in the park’s deep canyons. There are 53 miles of hiking trails, as well as bridle paths, soccer fields, tennis courts, four golf courses, a swimming pool, a merry-go-round, Travel Town transportation museum, the Autry Museum of Western Heritage, the Greek Theater, the Griffith Park Observatory, and the Los Angeles Zoo. Col. Griffith provided the funds for the theater and the observatory.

See a 360° panorama of Griffith Park.

Week Ahead: Punch, Michael Page, Rank
Embattled pubs group Punch Taverns serves up its interim results on Monday, barely more than a fortnight after it unveiled its plans to split itself into two separate entities: the managed pubs arm (Spirit) …
Read more on Sharecast Finance News via Yahoo! UK & Ireland Finance

R.R. Mayor, council $$ could be cut
Budget cuts dominated discussion during the Roanoke Rapids City Council budgetary work session Thursday afternoon at City Hall, even going so far as to suggest the reduction or elimination of salaries for the mayor and members of council.
Read more on Roanoke Rapids Daily Herald

National daily business briefs for April 8
GE to build biggest solar-panel factory in U.S.
Read more on Richmond Times-Dispatch

U.S. to hit debt limit in mid-May

April 12th, 2011

U.S. to hit debt limit in mid-May
WASHINGTON — The Obama administration said Monday that the U.S. will reach its debt limit no later than May 16 and urged Congress to raise the ceiling to avoid a government default.
Read more on Pioneer Press

Social rage, courtesy of GOP conservatism
Republicans hate social engineering, unless they’re doing it. Wishing they had the power to repeal the repeal of ‘don’t ask, don’t tell’ and get back to the repressed ‘Mad Men’ world they crave, some conservative lawmakers grumpily quizzed upbeat military brass on Friday.
Read more on Opelousas Daily World

Rep. Neugebauer says hold his pay, too
WASHINGTON — North Texas Rep. Randy Neugebauer said Thursday that if the government shuts down, he wants to put his own paychecks on hold until the troops start getting theirs again.
Read more on Wichita Falls Times Record News

Can a person in NC sue their former employer for giving out personal contact info to a debt collector?

April 11th, 2011

Question by j n: Can a person in NC sue their former employer for giving out personal contact info to a debt collector?
I know about The Fair Debt Collection Practices Act
15 U.S.C. § 1792; and that it is illegal for the agency to contact an employer, but I think they can get away with doing it once?

Best answer:

Answer by LILLIAN B
Well that kinda depends if the debt is a federal or state debt they can but just to any bill collector i think not!!!!!!!

Know better? Leave your own answer in the comments!

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