I am a 37 single teacher with more than $70,000 credit card debt (incurred through a failed business attempt). I am severely delinquent in any payments (more than one year) and I am considering filing for personal bankruptcy. Are there any other alternatives?
Can you tell me how do I get from under all my debt and build a retirement account so that I won't become a burden? I was divorced in 2000. I started to accumulate debt immediately trying to support myself and two children. Moved to Maryland in 2003, debt continued to increase to the sum of 28,000 in credit card and 25,000 in student loan. I have about 25,000 in a 401 and 4,000 in a 403. My retirement account has lost about $10,000 how do I stop the loss? How do I grow? I have two mortgages (6.7 & 7.7) should I combine them?
Question: I hear people talk about a short sale on their home. My question is why not file a chapter 7 or chapter 13 to save the home?
Question: Including my house, vehicle, student loans and credit cards, I am $254,104.83 in debt. Currently, I am in the process of trying to sell my house. I can not cut the price and take a loss because I do not have the money to bring to the closing table. I am trying to just break even. Since I do not know when the house is going to sell, I am debating whether or not to borrow the money from my 401(K). Should I wait a while before I borrow the money and see if the house sells or should borrow the money ASAP so that I can start turning things around?
Question: My question is do I try to refinance my home, sell it, get a different job, or cash in my modest 401k to turn this around? I have survived a very difficult 2 1/2 year custody battle that cost $30,000+. I would do it again for my son's sake and well being. At separation, I was a stay-at-home mother. I went back to school to earn my masters degree in teaching to be an effective single parent in my child's life.
The college admissions process can be incredibly stressful for both students and parents, so many have turned to consultants for advice. And the best counsel, it seems, is for teens to remember that less is more.
El-Erian will rejoin Pimco, one of the world's biggest fixed-income managers, as co-chief executive officer and co-chief investment officer, Harvard and Pimco said.
Harvard University’s endowment fund reported a stellar 23% return for the fiscal year ended in June, boosting the size of the nation's largest college endowment to a new high of $34.9 billion.
I never, ever thought I would write that headline. But I just did. The University of Michigan has signed an eight-year deal, worth a $7.5 million a year with the three stripers. Nike bowing out of the game is either an indication that Nike doesn’t think Michigan is what it once was--although football has had three 10+ win seasons in five years, the basketball team hasn’t made it to the title game in 14 years and hasn’t even made the NCAA Tournament in nine years. Or
Sandy Weill, former Citigroup chairman, told CNBC that philanthropy isn’t just about money.In an interview with CNBC's Mary Thompson, Weill said giving is about your talent and passion. He urged others to start giving when they’re young and before they have money. He said it’s important to give of your intelligence, energy and passion.
Philanthropy--once the province of "old money," or those who inherited their wealth--is increasingly being led by self-made millionaires and billionaires, according to CNBC's Mary Thompson. And the size of gifts is getting bigger as Wall Street’s profits rise.
A U.S. District Judge might have denied NASCAR's request to stay an injunction that allowed the Cingular logo on Jeff Burton's car to be replaced with an AT&T logo, but NASCAR got a victory yesterday when Alltel agreed to a $25 billion private equity buyout. Let's go back and put this in context for you. NASCAR obviously did not want the AT&T brand on the track because it wasn't one of the brands that were grandfathered in when the governing body signed a 10-year, $700 million deal with Nextel to be the official telecommunications company of NASCAR. But consolidation in this industry is very common -- Sprint soon bought Nextel and AT&T bought Cingular.
Tomorrow is the NBA Draft Lottery. It is designed to give teams who had a bad season a better future and turn their fortunes around, thus giving their fans hope. It is designed to make sure the league doesn't have the same teams competing for the championship every year. Well, despite the fact that LeBron James has Cleveland in the Eastern Conference Finals, the lottery apparently isn't doing enough. I don't know how you define parity, but I define it as 'amount of teams that win championships in a certain period of time.'This is the first paragraph/short story.
I was shocked when I saw the number: $25,008. That's how much Oregon's new athletic director Pat Kilkenny is getting paid to work. Fine. Kilkenny is apparently a guy that just cashed out of his insurance agency, but even if I had millions, there's no way I'd work for that -- especially with Phil Knight being the biggest booster at the place. This whole thing got me thinking that it's probably a good time to look at the salaries of athletic directors since you've all seen the college football and basketball coach salary stats a million times.
With the student loan industry coming under harsh criticism, the House easily passed a bill aimed at curbing conflicts of interest and corrupt practices in college lending.
I have to admit it: I want to be first -- the first to call Freddy Adu a failure. A little more than two months before his 18th birthday, it's time to call it as it is. Freddy Adu is not even close to being among the top 100 relevant athletes in the sporting world today and in fact is not among the top 100 soccer players in the world. But the way people were talking about him when he was introduced to the world in Nov. 2003, you would have thought he would have captured at least a nation that hates soccer by now.