IRS Plan to Help Distressed Homeowners Falls Short

The Internal Revenue Service has announced a process that is supposed to make it easier for financially distressed homeowners to refinance a ... in the property above and beyond the mortgage debt plus enough to cover the tax debt, the IRS is able ... mortgage or sell a home by providing options when there is a federal tax lien blocking [more...]

Date: 2009-01-07 14:59:28

Blog posts (11) | Videos (2)
 

Sovereign Debts: Let the Downgrades Begin!

Making good its warning, the US credit rating agency Standard & Poor's downgraded the credit rating of Greece amidst a deteriorating economic ... the government's ability to improve its budget position through better tax collection and higher property or income taxes is offset by the rising cost of debt servicing and public pressure for additional [more...]

Date: 2009-01-15 11:27:00

When It Is Time to Buy Instead of Lease

I spoke with Karen Klein, writing for BusinessWeek, last month about owning property versus leasing ... commercial property builds equity in an appreciable asset that offers both tax advantages and income ... on substantial debt, subleasing, and supervising property maintenance is not for every entrepreneur [more...]

Date: 2009-01-10 21:25:41

November 2008 Financial Status / Net Worth Update

Net Worth Chart 2008 Credit Card Debt If you’re a new reader, let me start out as usual by explaining the credit card debt ... - I am not accumulating more consumer debt. Retirement and Brokerage accounts Well, it’s time to uncover my eyes ... reminds me, I might need to see if I can argue with the tax collector about my property tax appraisal [more...]

Date: 2008-11-03 11:57:45

A Buyer of Structured Settlement Annuity Can Lead the Way to Financial Relief

We could all use a little bit of relief these days – in the financial arena to be sure ... and our families through the tough times. But when debt is piled on your back, mortgage payments are staggering, property tax is unseemly, school loans are due, car payments have to be made, health insurance keeps [more...]

Date: 2009-01-14 03:07:18

Have You Considered Debt Consolidation?

One of the solutions suggested by debt specialists is debt consolidation, wherein accumulated unpaid debt can be paid through it ... , water, cable, internet connection, income and property taxes, credit card and transportation ... who do not include credit counseling first before offering options like debt consolidation service [more...]

Date: 2008-11-19 15:33:05

?If a company can not pay its interest..?

One of Mick’s picks for his Blog Rush ealier today, Simon at Irish Election, ... debt on to the banks balance sheet (and the tax payers laps). Meanwhile, property development company ... PricewaterhouseCoopers (PwC) to assess the extent to which the banks are delaying the collection of interest [more...]

Date: 2008-10-21 19:33:32

Is this what we call change?

USA Today reports that many states despite shortfalls in revenues due to the recession and decreased property taxes are still spending like it was 1999: Last week, President-elect Barack Obama promised “immediate relief” to “help struggling ... money to go around.  While inflation is currently not a concern, it will be as American debt [more...]

Date: 2009-01-15 13:57:32

MOODY'S UPGRADES WILLIAMSON COUNTY (TN) TO AAA Bond rating

I just heard this on 950 WAKM's noon news update....Good news for Williamson County government and its citizens ... million of previously-issued parity debt. The General ObligationBonds are secured by the County's ... projects. The School Bonds are secured by an unlimited property tax pledge on all county taxable [more...]

Date: 2009-01-12 18:17:00

“Throw Some $G’s on That B*tch…”

Posted by Bossip Staff Marece Richards, aka, Rich Boy, owes hella stacks for bustin’ off at a fella back in ‘05: ... of his available property. According to the Atlanta Journal Constitution, a tax accountant from Mobile ... Boy is alleged to still owe $312,500 on the debt. Greg Miller, the rapper’s publicist, could [more...]

Date: 2009-01-14 11:30:51

Your tax dollars at work?

By Denise Ross If you can believe Rapid City property developer Doug Hamilton -and that does seem to be a big “if” - our tax dollars helped fund ... of his loan defaults, bounced checks and his bad business debt that stretches into the 10s of millions. ($18M in foreclosures so far, and possibly up to $45M in total debt, he says.) It all makes [more...]

Date: 2009-01-13 15:12:53

11 Results