Q&A: What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy?

Question by lucky: What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy?
What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy? No payments have been made in 14 months…Bankruptcy discharged in June of this year. Finance company has our current address and phone number.

Best answer:

Answer by B-Jo
There are different type of bankruptcies. Some bankruptcies give your the option to surrender the articles disclosed in the bankruptcy. Other options are for you to include all articles in the bankruptcy but you keep possession of the merchandise, or You may still have possession of the articles but before the date given on the bankruptcy clause, the companies in which you still have the articles will come and declare them at that given time.

This information should me explained in the forms you signed off on. Read back over everything and you will be able to get a better understanding of what’s expected of you and what you can expect in this bankruptcy.

Hope this helps.

What do you think? Answer below!

Anyone know where I can find conferences addressing structured finance issues?

Question by rio180: Anyone know where I can find conferences addressing structured finance issues?

Best answer:

Answer by Joe B.
A search on Yahoo! and/or Google for “structured finance” along with the terms conference and sessions should yield some leads. You may want to do a search for “global securitization” instead of “structured finance” but still including the other terms (conference and sessions).

Know better? Leave your own answer in the comments!

Cool Finance images

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Sammy Wilson visits Fisher Engineering, Co Fermanagh. Finance Minister Sammy Wilson is welcomed to the company by receptionist Diane McCutcheon.
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Image by Northern Ireland Executive
Finance Minister Sammy Wilson visits Fisher Engineering, Ballinamallard, Co Fermanagh© picture by John McVitty, Enniskillen, Co.Fermanagh, N. Ireland – 07771987378 ©

FINANCE MINISTERS MEETING, DECEMBER 19, 2011, VICTORIA, BRITISH COLUMBIA
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Minister of Finance Jim Flaherty meets with provincial and territorial finance ministers, including British Columbia’s Minister of Finance, Kevin Falcon, on Monday, December 19, 2011.

choosing-car-finance
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Choosing car finance – How to choose car finance

Finance Minister at Young at Heart Exhibition 25 May (L-R) Mary Hall, Ena McKeown and Grace Minnis

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Finance Minister at Young at Heart Exhibition 25 May (L-R) Mary Hall, Ena McKeown and Grace Minnis
Finance
Image by Northern Ireland Executive
25/5/11 Mandatory Credit Darren Kidd/Presseye.com
Over £13million rates assistance provided to lone pensioners in Northern Ireland.

Finance Minister Sammy Wilson pictured at the Young at Heart Exhibition with Holywood ladies (L-R) Mary Hall, Ena McKeown and Grace Minnis. Since 2008 over £13 million has been distributed to pensioners by Land and Property Services through the Lone Pensioner Allowance, which entitles persons aged 70 or over who live alone to a 20% discount on their rate bill.

DEPARTMENT OF FINANCE AND PERSONNEL

25 May 2010

Over £13million rates assistance provided to lone pensioners in Northern Ireland

Finance Minister Sammy Wilson has welcomed the take up of almost £13.5million of assistance to pay rates by lone pensioners across Northern Ireland.

£13,488,820 has been distributed to pensioners since April 2008 by Land & Property Services through the Lone Pensioner Allowance, which entitles persons aged 70 or over who live alone to a 20% discount in their rate bill.

Welcoming this, the Minister said: “The Lone Pensioner Allowance is an example of the tangible help that the Executive is providing to one of our most vulnerable groups in society. It is encouraging that nearly 25,000 people have availed of this assistance which I am sure is of particular use in this current economic climate.”

The Minister, who was attending the Young at Heart Exhibition at St George’s Market for retired people in Northern Ireland, encouraged all those who qualify for the assistance to apply.

The Minister continued: “If you are aged 70 or over and are living alone, I urge you to apply for the Lone Pensioner Allowance. If you are eligible you will receive this help irrespective of income or savings because this allowance is not means tested. Therefore you don’t have to tell us about your savings or income when you apply.

“Older people, who do not live alone, may also be eligible for help with paying their rates. I would encourage all older people to check out what help they are entitled to.”

Getting help to pay your rate bill is not exclusive to older people. People on low incomes may be eligible for a reduction in their rates through the Housing Benefit Scheme or Rate Relief Scheme. The Disabled Persons Allowance scheme entitles a household to a 25% reduction in their rates if the property has been suitably adapted or has additional facilities to meet the special needs of a resident disabled person.

Full details of all these reliefs are available at www.nidirect.gov.uk/rates or by telephoning 101 (028 9151 3101). Calls cost 10p.

Notes to editors:

1. Media enquiries only to DFP Communications Office on 028 9052 7374 or 028 9052 7375. Out of office hours please contact the Duty Press Officer via pager number 076 9971 5440 and your call will be returned.

Ciarrai Conlan
Information Officer
Marketing and Communications
Land & Property Services
Queen’s Court
55-66 Upper Queens Street
Belfast
BT1 6FD

Tel: 028 9054 3988 ext 43988
Mobile: 07879557528

Finance Minister Supports Marie Curie Shop Challenge
Finance
Image by DUP Photos
Finance Minister Sammy Wilson spurs staff from DFP on as they participate in the Marie Curie Shop Challenge on the Lisburn Road. Pictured (L-R) Martine Faloon, DFP, Jenny Burton, Assistant Manager, Marie Curie Finance Minister and Annette Hutton, DFP

The challenge involved generating extra stock, helping to raise the shop’s profile locally, attracting more customers on the day and ultimately increasing sales and money raised.

Picture taken by: Heather Thompson (DFP) – 27/09/2012

1. Why Finance?

1. Why Finance?

Financial Theory (ECON 251) This lecture gives a brief history of the young field of financial theory, which began in business schools quite separate from ec…
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Olympic Park Finance infographic

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Olympic Park Finance infographic
Finance
Image by The Department for Culture, Media and Sport
We have created an infographic which shows facts and figures about the finance behind the Olympic Park, and some of the benefits that the build of the Park have brought to the local community.

We have released the infographic under a Creative Commons licence for use by news and online media.

Further information: goc2012.culture.gov.uk/themes/finance/

Sustainable capitalism: Social finance
Finance
Image by mars_discovery_district
Speaker Tamzin Ractliffe (SASIX) presented "From Classic Capitalism to Social Finance GSIX | A Global Social Investment Exchange" at the Social Entrepreneurship Summit at MaRS, 17th November 2008.

Now, Sir Ronald Cohen, founder of Apax Partners, addresses students at the Harvard Business School, saying that social finance is the next big thing in business (big news from the “father of private equity”!).

Read more: www.marsdd.com/blog/2010/07/15/sir-ronald-cohen-on-social…

Q&A: What is the difference between a Bachelor of science in finance and a bachelor of business administration in?

Question by Originalchick: What is the difference between a Bachelor of science in finance and a bachelor of business administration in?
-finance.
What is the difference between a Bachelor of science in finance and a bachelor of business administration in finance?

And what career path those it lead to?

Best answer:

Answer by Cochise
A BBA is more general – you get some finance, some accounting, some management, some business law, etc. A BS-Finance would be more pointed.

I recommend that you go for the BBA and if you are really interested in finance, go for an MBA afterwords. A BS finance really doesn’t carry much weight these days – you will need an MBA eventually anyway.

If you do go after either of these degrees, by all means take at least one tax course [not the same as accounting] and one “managerial accounting” [aka “budgeting”] course. They were the two most useful courses I have ever taken.

As for career paths, these both lead to careers in business. Again, the BBA can take you almost anywhere. The BS-Finance more or less sends you to the local stockbroker or bank.

Add your own answer in the comments!

Dot Chat: From Energy Campaigners to Solar Finance Entrepreneurs

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Campaign Finance Reform by a 'Stroke-of-the-Pen'

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It's the conventional wisdom that students and parents do their research on colleges and costs before making any commitment to attend a particular institution. A public college or university will cost close to $ 9,000 a year for tuition and fees for in …
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Woori Finance Names New Chairman
Assuming shareholders approve at a June 14 meeting, the job will go to Lee Soon-woo, Woori Finance said in a statement late Thursday. He began his career in 1977 at a bank that was later turned into the group's flagship Woori Bank, where he has been …
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