Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

kevin r asked:


paid off the $28k loan early last week (sold car) so now I only have 1 car loan at $21k. Wondered if that 609-equifax score might increase because of the $28k debt being removed. I need it to go over 620 to be approved for a mtg. any chance by the end of next month to get 10-15 points because of this reduction in debt? Just looking for the chances, assume no late pays, on credit cards, no new credit, and ration on cc are at around 50%….

Marina

dizzysmamma asked:


At the beginning of this year I had a root canal and crown done. While he was in there he arbitrarily replaced the filling in the molar next to it even though there was nothing wrong with it. No pain or discomfort in that tooth at all. I don’t remember him asking if he could do it. Since then that tooth has been extremely sensitive to touch/pressure. Extremely hard to chew on that side at all. Because of the way his office filed the insurance, the filling was covered but not the root canal. Couldn’t afford to pay and are now pursuing debt reduction. Long story. Anyway, because of all this, my annual max on the dental ins was reached, I now have an abscess working on the tooth he messed with and have a molar on the other side that has gone hot and no more insurance for the rest of the year. I am unemployed. I do not qualify for medicaid. Any suggestions? I’m in a lot of pain here.
It started hurting as soon as the anestetic wore off. I did go back when it didn’t stop. He knew it was hurting. His two options were leave it alone or pull it. He didn’t want to pull it as he felt it could be saved. But that’s not the point. The point is that he shouldn’t have done it in the first place without letting me know. And now I’m in worse shape than before. He screwed my mouth up and I have no more insurance until 01/01/2010 and I’m in pain now.

Taylor Blaskovich

Political Enigma asked:


Can you actually state factual, ie non emotional, reasons for why you support your particular party while at the same time not only refraining from bashing your opponent but saying something positive about their platform?

Me?
I support no party, but I believe in the liberals position on many social issues simply because no where in the constitution is there one word about legislating morality. I believe in the conservative platform as far as true fiscal conservatism, small government, balanced budget, reduction of the debt/deficit, simply because no where in the constitution does it state that the government must provide for EVERY need of it’s constituents.

The above are only two of many reasons, however I just used them as examples.
1. I am not liberal, nor conservative for that matter. Not everyone chooses to follow blindly.
2. I am intelligent enough to realize that ALL ideologies have good points as well as bad points.

By bashing you do nothing but give evidence of your own bias and ignorance.
Prof,
Trust me, I have read both platforms and studied them. I chose to use the words I did simply based on the general semantics. You may feel that I lack direction, but as I said above they were examples, general at best.

As for UHC, I have no problem with a government sponsored HC plan, however I do take an exception to a plan that is not well thought out and planned. I am still plodding my way through the current bill, but from what I have read so far, it is most definitely NOT a well constructed plan, nor viable in the long run. It has been crammed down the throats of the electorate, and unfortunately they have no say at this point.
Whereis…
Personally I am pro life, I would never have an abortion. Politically I am pro choice (with some limitations, ie.. no third trimester abortions unless medically necessary). I do not believe I have the right, nor does the government for that matter, to tell another individual what they can do in regards to their body. Which brings up the fetus rights issue. As far as the law goes, no legality states when life begins, other than actual birth, so until that is decreed, it is solely the womans choice.

Noel Ourada

Rick asked:


1.An economist who favors smaller government would recommend:
a.tax cuts during recession and reductions in government spending during inflation.
b.tax increases during recession and tax cuts during inflation.
c.tax cuts during recession and tax increases during inflation.
d.increases in government spending during recession and tax increases during inflation.

2.An appropriate fiscal policy for severe demand-pull inflation is:
a.an increase in government spending.
b.a reduction in interest rates.
c.depreciation of the dollar.
d.a tax rate increase.

3.A major advantage of the built-in or automatic stabilizers is that they:
a.simultaneously stabilize the economy and reduce the absolute size of the public debt.
b.automatically produce surpluses during recessions and deficits during inflations.
c.require no legislative action by Congress to be made effective.
d.guarantee that the Federal budget will be balanced over the course of the business cycle.

4.The standardized budget tells us:
a.that in a full-employment economy the Federal budget should be in balance.
b.that tax revenues should vary inversely with GDP.
c.what the size of the Federal budget deficit or surplus would be if the economy was at full employment.
d.the actual budget deficit or surplus realized in any given year.

Edmundo Colina

Joanne Hsu asked:


Under the amended Reit Act, debt financing and bond issues will be allowed up to twice the amount of the net equity of the company.
Right of first refusal to sell shares
In CR-Reits, shareholders who oppose the extension of the holding period under the articles of incorporation are granted the right of first refusal to sell shares. Under the amended Reit Act, that right of first refusal will be granted for all types of Reits, if there is an issuance of new shares following an in-kind contribution, or if the Reit is subject to a merger or acquisition.
Shareholding limits
To give increased flexibility to shareholders, the holding limit of 10% of outstanding shares per person for K-Reits will be increased to 30%. There will be no change for CR-Reits as shareholders in CR-Reits have not been subjected to any restrictions with respect to the number of shares.
Asset portfolio requirements
Under the Reit Act, a Reit has to meet certain requirements regarding asset composition at the close of each quarter: (i) at least 70% of the total assets must be invested in real estate; and (ii) at least 90% of the total assets must consist of real estate, real estate related securities and cash.
Under the amended Reit Act, this will be relaxed so that: (i) at least 70% of the total assets must be invested in real estate; and (ii) at least 80% of the total assets must consist of real estate, real estate related securities and cash. However, for CR-Reits, only the first requirement applies.
Income deduction for dividends
According to the amended CTL, Paper Company Reits will receive the same tax benefits as CR-Reits with respect to the deduction on distributed dividends for corporate income tax purpose, given that they distribute 90% or more of their distributable income.
Registration and acquisition taxes
Before 2003, under the TILL, there was a 100% exemption on registration and acquisition taxes for CR-Reits regarding the real property acquired by CR-Reits, while other types of Reits received only a 50% reduction. However, towards the end of 2003 and in accordance with the amendment to the TILL, the 100% exemption enjoyed by CR-Reits was also reduced to 50%, which is equal to the rate applied to other types of Reits.

Rivka Schunemann