Posted by Dakota Bonnor | Posted on 07-11-2011
Boston bankruptcy clients have been asking us about applying for credit cards under the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act of 2009). One “new” aspect of The Card Act, which goes into effect in October, 2011, is regulation regarding consumers who don’t have their own income. In fact, a new ruling by the Federal Reserve forbids banks and credit card issuers from issuing credit cards to folks by using “household” rather than personal, income. Household income is too vague, they say. This may adversely affect clients who have filed for a Massachusetts bankruptcy in that it will make it harder to get credit after the bankruptcy discharge.
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Posted by Madeline Hedley | Posted on 02-11-2011
Rejection hurts, whether you’ve been shot down for a date, rebuffed by a 2-year-old who would rather play with her doll than you, or told “no” by a credit card company.
Yes, rejection is psychologically jarring, but it always pays to keep the bigger picture in mind. For all the “no’s” in your life, there will be plenty of times you’ll hear “yes” too. When it comes to your credit, however, you may wonder if credit rejections affect your score.
It may make you feel a bit better to know that the number of times you’re rejected for a credit card or loan doesn’t directly figure into your credit score. What does impact your
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Posted by Zachary Stones | Posted on 02-11-2011
Monday was the 3rd Monday in a row that we did not have a one and done day! Is this a new pattern? I doubt it… Anyways, we had to emini trade until lunch time Monday to make our point. Tuesday was an EASY one and done for nearly everyone but ME!! I actually LOST and had to recover! That’s ok. The Tick Trader System is forgiving! It KNOWS how to recover! I was recovered and in the green by 10:15 AM – good enough for me!
I will be out of pocket most of the week. I have family matters to deal with. Will
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Posted by Admin | Posted on 31-10-2011
In order to invest in a Roth IRA account one has to validate their eligibility for the same by referring to the rules and requirements defined by the IRS. (Refer to roth-ira.org for the same). Read more…
Posted by Zachary Stones | Posted on 29-10-2011
Every year, the IRS initiates programs to assist people who require help in preparing their tax submissions. The Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) programs are programs where the IRS solicits help from volunteers who want to learn about taxes and help others by preparing their federal income tax returns.
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Posted by Dakota Bonnor | Posted on 28-10-2011
So you’ve ordered a copy of your credit report to check up on your history because you’re thinking about opening a new line of credit and want to check that your credit is up to par. The report arrives and, much to your dismay, things aren’t quite as peachy as you’d hoped they would be. Late payments, a collection notice, and even a judgment on your public record round out a list of bad history in your credit file that needs to be dealt with ASAP if you want that new line of credit.
But you don’t know the first thing about repairing your credit, nor do you know how to even contest some of the information you’re seeing on file . Your next step, then, is to check out some of those credit repair services you’ve see online. But how do you tell which company is legitimately interested in helping you fix your bad credit, and which is just interested in stringing you along for a few months while they bleed your bank account dry? Follow these tips for spotting the difference between a real credit repair company, and a scam. Pay a
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Posted by Madeline Hedley | Posted on 26-10-2011
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A large worry for many immigrants who are considering filing for bankruptcy, is how it will affect their immigration status in the United States. With few exceptions, the filing of a bankruptcy case should not affect your immigration status. Filing for Chapter 7 or Chapter 13 bankruptcy is not a crime and therefore should, for the most part have no effect on your legal status within the United States.
Immigrants who currently hold a valid green card or are legal permanent residents will not be revoked their residential status because of the filing of bankruptcy case. Bankruptcy is a legal method of eliminating debt, and therefore has no effect on your status as a permanent resident.
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