Posts tagged happens

Mortgage Assistance : What Happens if You Default on a Second Mortgage?

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second mortgage

If someone defaults on a second mortgage, the process is basically the same as with the first mortgage. Discover how a lender can foreclose on a second mortgage default with help from a financial specialist in this free video on mortgage assistance and personal finance. Expert: Matthew McKillen Contact: www.innovativefg.com Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients. Filmmaker: Christopher Rokosz

what happens to a reverse mortgage when someone dies and there is a will?

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Question : what happens to a reverse mortgage when someone dies and there is a will? Need help…Here is the situation…nonworking Family member lived with mother who did a reverse mortgage on house and has now passed away, in her last will and testament she left the house and any money to this nonworking family member. There was no money and This family member has no money to live on. What do we do next? Do we need to get a lawyer, does the house have to go to probate? Does this family member have to sell taxes? This is in the State of California. Any information will be helpful. More >

What happens behind the scenes in a 401k plan?

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Question : What happens behind the scenes in a 401k plan? I work for a medium sized technology company in Silicon Valley. I have been participating in the company 401k plan for 5 years. Every once in a while the 401k funds available to us change completely. Even the funds that are doing spectacularly well. I can never get a straight answer from our 401k plan administrator or the company that provides us with the plan, as to why funds are added and dropped at will. Apparently there is a board of trustees that manages the company 401k and decides which funds to make available.

Being a More >

what happens when you consolidate your debt and are there any stipulations or catches?

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Question : what happens when you consolidate your debt and are there any stipulations or catches?

consolidate your debt

Best answer:

Answer by jamacianYes you dont learn from your mistatkes. See www.daveramsey.com

What happens after you consolidate a federal student loan?

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Question : What happens after you consolidate a federal student loan? When you include a Federal student loan into debt consolidation? What is the benefit of doing this? federal debt consolidation

Best answer:

Answer by recentgradtrishAfter you consolidation your loan then you should start to make payments soon.

You can read more about loan consolidation here:

http://www.studentfinancedomain.com/student_loans/college_student_loan_consolidation.aspx

If a life insurance company goes bankrupt, what happens to whole life insurance benefits?

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Question : If a life insurance company goes bankrupt, what happens to whole life insurance benefits? My Dad purchased whole life insurance through AXA Equitable which is all paid for. What happens if the life insurance company goes bankrupt or their assets are under water like so many other financial institutions these days? Will the benefits still be payable?

I also think it’s strange that he had to pay $ 700 more to this insurance company as an “adjustment”(?) recently even though the policy was fully paid for a long time ago. Is this normal? whole life insurance

Best answer:

Answer by More >

What happens to your financial aid if you drop classes?

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Question : What happens to your financial aid if you drop classes? I go to college full time, but want to drop a few classes because my schedule is too hectic. If I did, I would then be considered a part time student….but I’m on financial aid and I know it would affect that. So what exactly would happen? I’m already on financial aid, but I got it as a full time student. So they paid for all my classes and what not. I just wanted to know what would they do if I did drop some classes, would they make me pay them back immediatly? For the classes I dropped? Does it affect my grace period? My More >

What happens if you don’t pay your bail bonds bill?

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Question : What happens if you don’t pay your bail bonds bill? Since i’ve been bailed out by a bail-bondsmen, now every month i have to make payments, to pay off the whole bail bonds debt. This month i couldn’t find a way to make any money for my bills. So i have NO IDEA, how I’m gonna be able to pay the bail-bondsmen. So what happens if i don’t pay them? bail bonds

Best answer:

Answer by Queen of the UniverseYour bond will be forfeited and you will go to jail.

What happens if I paid off my entire student loan but they still applied my tax rebate to it?

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Question : What happens if I paid off my entire student loan but they still applied my tax rebate to it? I paid off my entire defaulted student loan at the beginning of this month. I even received a paid in full letter. But today I just got a letter from the IRS that my $ 600 was applied to that loan by offset!! Apparently there wasn’t enough time between when I paid off the loan and then getting my rebate. I just tried to call the Missouri Department of Education, which my loan is through, but they are closed for the day. Does anyone know if I can get my $ 600 back??? missouri student More >

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