I am getting an Inherited ROTH IRA BDA from a divorce, and I need to cash this out, to pay debt

I am getting an Inherited ROTH-IRA -BDA from my ex-spouse in a divorce, I am also taking on a lot of debt, and need to cash out the Inherited ROTH-IRA -BDA, and pay some of debt and have some reserve money. What are my options? Read more
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Taking out a loan to pay down a mortgage

I realize this sounds bad, but hear me out. I currently own two properties (A and B) which I rent out. I do not own my primary residence. Property A has a 15 year mortgage at 3.25%. I’m happy with this loan. Property B has a loan with essentially two periods. 1) a 7 year […] Read more
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Short term savings

I want to save about €1500 ($2000) in 5-7 months and then take out the money and buy something specific. There is a pretty low probability that I should need some of it during the first 4 months, but after that, I’ll need it available within 2 weeks of asking for them. What are my […] Read more
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Can a debt collector deny a consolidation?

I’ve asked this question below… Can a debt collector garnish my wage without a judgment? but thought it be better the break these up into seperate questions… PHEA, who is acting as a debt collector to a defaulted student loan says they will deny my attempts to consolidate the debt. They’d rather get a wage […] Read more
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High Student Debt – Will Mortgage Lenders Take Into Account Repayment Assistance Program?

I am a few years out of professional school, and am starting to think about buying a home. Based on my credit, income, and available down payment, I would be easily eligible for a good-size mortgage. However, I still have a massive amount of student debt (several hundred thousand dollars). My unusual circumstance, though, is […] Read more
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Should I pay an erroneous bill in collections if it is a tiny amount?

I have a very small bill amounting to $43. I was billed this amount when a medical services company sent me a product that I did not order. (It was probably ordered on my behalf by a doctor I visited.) Perhaps erroneously, I ignored it and they sent the bill amount to a collections agency. […] Read more
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Is it common for student loan debt to be paid with another loan found at lower interest?

I currently have 22k in student loans at 6.55% interest. I checked my credit score and it was 706 a couple of weeks ago. I am a recent college grad with a decent paying job right out of college. What do you think the likelihood is that I can get a loan to pay off […] Read more
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Will be getting a car loan with my folks as the primary account holder. Can the car be titled to me?

I am currently saving, and waiting until I have about $10,000 to put down on a car, and then I will be make a fairly large purchase on a car (around $28,000 Subaru WRX). I am 23 years old now, but even through college I had a decent job. I racked up some debt, as […] Read more
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How do I know when I am financially stable/ready to move out on my own?

Some background information: I’m 23 and living at home. I have a good full time job as a web programmer that I’ve been at for over one year. It includes benefits and 401K (which after one year I now get to contribute to. I’m giving 5%/paycheck to the 401K). Within the first year, I paid […] Read more
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Priced out of London property market. What are my accommodation investment options?

I’m from the UK, I don’t have any debt and have some savings that could get me a mortgage somewhere but not where I currently live in London. At the moment I pay low rent but I’m very keen to divert this rent into either a mortgage in the UK or move somewhere where the […] Read more
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