tax settlement
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Accident Settlement
Asked by A.M. from Portland
on May 6, 2010
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i was in a car accident and my car got totaled. she t-boned me on the drivers side which also threw us in to a pole on the right side, so it was it then hit again. i h...
Answers
- Of course any amount of money isn't going to help your children but I do think you deserve more. As another poster stated people get more money for less harm. I was in...
- Get a lawyer. If you are in Oregon contact Gatti, Gatti, Mayer, Sayer and Thayer and Associates.
- Find yourself a personal injury attorney to get your kids the care and treatment they need as a result of this accident. The money will probably be placed in a trust ...
Debt Consolidation vs Debt Settlement
Asked by J.H. from Minneapolis
on May 7, 2009
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Has anyone had experience with either debt consolidaton ot debt settlement? I am trying to decide which one will do the least amout of damage to my credit scores while...
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- we used consolidated debt and we actualy made our last payment in febuary, it was a great feeling after 4 years. you can call and get more information before you commi...
- I definitely would NOT trust most of the debt relief agencies you hear advertise 24/7. The way I understand it, they have you stop paying all of your unsecured debt a...
- Well, I have had client's who have tried both of these, and they both definitely have their bad side. Many debt consolidators that you see on TV are nothing more than...
Improving Credit Scores-Settlement Amount Vs. Full Amount
Asked by M.H. from Houston
on March 21, 2010
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-I was told if you pay creditors a settlement amount, that's good and that item will show you paid and will no longer be used against you, therefore making your credit...
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- I have heard this too, that if you call your cc company and tell them that you would like to settle your account they will work out a deal with you to do so. you can e...
- It DOES show up on your credit that you settled with the creditors. I used a company years ago and my credit plummeted! You can also look up on www.clarkhoward.com--...
- In the long run you're better off paying the full amount. The settlement amount will help a little right now, but it will show that you just 'settled' the account; not...
Divorce and Tax Refund Who Gets It?
Asked by M.S. from Chicago
on May 1, 2009
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I have a friend who is in the process of divorcing his wife. Actually the wife is divorcing him. Here is the question: they filled for tax return together and she took...
Answers
- Absolutely...they are both entitled to half of the refund and the accounts...no matter who made the most money. Tell him to go to the bank and get copies of all the...
- Sure he can fight for it. It is part of the marriage and becomes part the the divorce settlement. His attorney should know this. If he kept good records he should...
- M., I would think a divorce is 50%/50%. Your friend should ensure that he has copies of all bank statements, financial funds, assets, etc. from 3-4 months before t...
Advice on How to Go About Tax Fraud on Someone
Asked by J.F. from Cincinnati
on June 5, 2007
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my step sons moms husband filed our son on their joint tax return seeking advice on how to get her for doing what was wrong considering she dosent help take care of him
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- Hi J., You need to make sure what your husband and his ex's divorce settlement says. I've got two children and am their custodial parent, however, my lawyer told me ...
- just get a hold of the IRS and tell them about it.
- I have a strange question. what do teh court papers say? and who has custody? in a lot of situations where child support is being paid and visitation is granted the ...
Divorce and Claiming the Kids at Tax Season
Asked by S.G. from Saginaw
on October 19, 2010
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My husband and I are going through a divorce, right not we dont have any custody into the courts. I however have had the kids since March, when I left him, and he has ...
Answers
- Whomever has full physical custody can claim the tax credit. If you were to have joint physical custody then it would be prorated dependent on how many days out of the...
- I went throught the same thing. Who ever the Child lives with the most through the year is who claims the child.
- Whoever has custody of the children gets to claim them on their taxes as Dependants. He will get some tax breaks if he pays child support. If he is working they may ...
Need an Income Tax Attorney----In Deep Trouble
Asked by S.R. from Chicago
on May 2, 2011
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I may be in deep doo-doo. I just got a letter from the IRS that they may levy my pay-checks for back-taxes. I need an attorney. I have seen the commercials for JK Harr...
Answers
- If you has someone do your taxes and you gave them all the info and they screwed up you can actually sue the person that did your taxes for the money owed (they must a...
- Great suggestions so far. My lovely husband has some serious tax problems because he wouldn't listen to me. He didn't get an attorney or an advocate but has been worki...
- The only way one of those firms (and only a good one and they are a fortune) can help you is if the IRS made a MISTAKE, and you don't really owe that much and you can ...
Financial Help!
Asked by S.C. from Fort Wayne
on February 5, 2011
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I have a financial dilemma. My husband has some old credit card debt that we're trying to pay off. We're getting a decent sized tax return and we're trying to figure o...
Answers
- We had a credit card that we could not pay and the credit card company set it up at 2% interest and is accepting low monthly payments. If I were getting a large ta...
- Use your TR to pay down/off one of the cc, make sure to call them and tell them how much you can pay, so if you owe $5,000 but your TR is $3,000 say I can pay $3,000 a...
- I'm assuming the credit card debt is still accruing interest, so I would go for that first. I would call up each place and offer to settle for half of the debt and the...
Need Help Figuring Out Where to Put 6 Yr. Olds Money
Asked by D.K. from Detroit
on August 13, 2009
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Hi ladies. My son just turned 6 this June. He recently won a settlement of $12,000. The courts say it needs to go into a restricted account until he turns 18. The ...
Answers
- talk to a financial planner. Investment firms. Some could be put in an educational plan, and some into investments or stocks that could grow and complement the educa...
- First of all, check out the Michigan College Fund - they have a matching gift from the state. It has certain requirements and you will have to see if you qualify, but...
- Hi D., My background is in Nutrition and not Finance but I would say put it in a CD in his and your name (call around for the best interest rates-the longer the term ...
Need Help from Others Who Have Been Through This in the Past...
Asked by M.P. from New York
on February 14, 2011
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My husband and I have a suttiation that we would like to avoid in the future and I'm turning to you ladies for some advise. Maybe some of you have been through someth...
Answers
- Have the daughter fill out the forms and see what happens with how much comes in financial aid, loans, and how much the family is responsible for. If he is responsible...
- Generally it is upheld that for in-state college tuition dad pays 1/3, mom pays 1/3 and student pays 1/3 regardless of their respective incomes. This can be discussed...
- When it was set up it should have include how much each parent and child will pay. My husband has it set up with his ex for two children that each of them will pay ha...
