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Forum: Dollars & Cents 28-08-2013, 18:57
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

Thanks..hope I never need to even consider it again.....:thumb:

The lawyer I went to see made it sound like NJ was pretty hardlined about it....usually they joke about too bad you still weren't...
Forum: Dollars & Cents 28-08-2013, 18:18
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

The First Preferred Ship's Mortgage

A First Preferred Ship's Mortgage is a mortgage recorded against a vessel documented with the United States Coast Guard. It is protected under the Ship's...
Forum: Dollars & Cents 28-08-2013, 18:10
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

Federal courts have exclusive jurisdiction over bankruptcy cases. This means that a bankruptcy case cannot be filed in a state court

Bankruptcy...
Forum: Dollars & Cents 28-08-2013, 15:54
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

When I went to the bankruptcy lawyer..He made it sound like a boat is NOWAY gonna be spared...home or not...also if the boat is worth more than XX $ for a single person...something more for married...
Forum: Dollars & Cents 28-08-2013, 14:30
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo advice needed.

I agree with the business point...you pay a large down payment as part of the "shared" risk that you eventually will pay off the loan. While you are paying...nearly everything is profit to the...
Forum: Dollars & Cents 28-08-2013, 14:18
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

[QUOTE=rognvald;1324915]The Internet is always right! At the click of a button, you can solve any problem in your life. But, advice is like oats: do you want them fresh from the bag . . . or after...
Forum: Dollars & Cents 28-08-2013, 13:09
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

what I have learned...this is just one source

Life After Bankruptcy: 5 Steps to Rebuilding Your Credit, Finances and Emotions - DailyFinance...
Forum: Dollars & Cents 28-08-2013, 04:55
Replies: 102
Views: 12,434
Posted By psneeld
Re: Finance/Repo Advice Needed.

Having been in a similar situation for the last several years...here's my cut.

First and foremost...who is the financial institution, and who is their financial parent?

Does the boat have a...
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