Bank Blog

I get garnished for 500.00 a month.My car was reposed and I am already being garnished for a student loan 160.00 every two weeks.Now the bank that financed the car is garnishing my 100.00 every pay period too.Their garnishment is 10 percent,making this 25 percent of my take home pay being gone.Can two garnishments take place at the same time.I called my pay roll and she said that this was court ordered.I even called the banks lawyer and he stated only one garnishment at a time.I don’t feel that I should have to pay back the bank because I no longer have the vehicle.They stated that I owe the remaining balance.What should I do.I don’t wanna file another bankrupcy because the dept is only 15 thousand total.I did hold on to the vehicle for 5 months without paying on it because I had to look for a job.

By: spice

Here’s my plan:

1. No more free bailout money for anyone. Instead, US government gives banks vouchers to loan money to private businesses. The banks must loan the taxpayers’ money within 120 days to a credit worthy (independent rating) business or they lose the voucher. The bank must have a stake in the creditworthiness and debt repayment of the commercial borrower (perhaps by withholding percentage of earned commission over time). Essentially, the banks become accountable, commission-based middlemen for government loans.

2. Government demolishes vacant homes in ‘designated’ housing crisis cities such as Stockton, Tampa, Phoenix, and Las Vegas. The HUD secretary should convene a meeting of city mayors to come up with a plan to condemn vacant homes and blighted properties, and to ratchet up building code enforcement to remove questionable vacant homes from the market.

3. Cut capital gains tax to zero until December 31, 2010. That’s right. No one pays one cent of capital gains tax on any capital gains earned from January 1, 2009 to December 31, 2010. However, short swing transactions still pay ordinary income tax rate to discourage short selling and speculation. Thereafter, phase back tax increases until they return to current capital gains tax rate of fifteen percent.

In addition, after 2010, no capital gains tax break for foreign companies and foreign entities. If you want to gamble in the U.S stock market, you have to pay the vig to Uncle Sam starting in 2011.

4. Extend unemployment insurance benefits for six months.

5. Methodical and rational troop draw down in Iraq to save US taxpayers up to $10 billion dollars per month. Apply some of the saved money towards giant infrastructure and public works programs here in U.S.

6. Repeal the Bankruptcy Reform Act’s means test provisions. Allow Chapter 7 petitioners to discharge all debts owed to creditors, and not be forced into Chapter 13 reorganization plans.

7. Prohibit all foreign companies from bidding on government contracts until 2012.

By: W.C. Felcher

Well im 16 and trying to find my calling in life because I will be graduating next year and I would like to maybe get a double major in Fiance or Accounting and Communications(i.e Marketing Communication or Public Relations). Would you advise this? Any other suggestions?

By: chitownzmamaz

I accidentally (lol) used my new debit card to pay to upgrade a website membership. I wasn’t supposed to use the card until it was activated - 24 hours.

Will the bank charge the membership fee to my account for having used the debit card before it was activated?

Or will the website not authorize the account?

By: Beetlebum

The first law indicates that energy is conserved, neither created nor destroyed. And the second law says that with each successive energy transfer in a system, less energy is abailable to do work.
I am not sure how they work in hydroelectricity, if someone could explain it to me that would be great! thank you

By: sangdding

Hi,

I am just wondering, to receive payment with my bank account, what information do I have to give out? Do I have to give out my name as well? Thank you for any help.

By: Bobby L

TravelMate 2303WLCi
1.5 GHz, 400 Mhz FSB, 512KB L2 cache
15.4 WXGAwide TFT LCD
40GB HDD
DVD/CD-RW Combo
1GB Ram
Radeon Video Card
ONE WORKING USB…THE OTHER TWO ARE NOT WORKING

By: travforward

what responsibility does a bank has to its customer?

By: nero

1.A book with orignal price of 15 dollars has a 20% discount during the christmas holidays. How much does the book cost in Christmas?
2. A bank gives us an interest of 5% per year on the money we invest. If we invested 5500 dollars at the beginning of 2001, how much money will we have at the end of 2006?

By: gabrielenebroski

i recieved an email from freelotto.com in the uk just trying to see if anyone else has too?? winnings in Belgravia trust bank/online acct. Sound familiar to anyone out here???

By: sunshine