EugeneJ posted:

In the US, credit card reforms recently required every card company to provide a plain-text summary of how much money you'd pay overall in time with the provided interest rate. Lenders should be able to do the same thing with mortgages.

Not a Children posted:

Huh, I thought most of it got pissed away on her horses, but it's nice to hear that the bulk of the money went back to the city.

canyoneer posted:

My parents bought a house in the early 80s before the crash, and they felt like chumps paying $500/mo for their traditional 20% down mortgage when their neighbors were paying $250/mo ARMs with a 5 year balloon payment.

They stopped feeling like chumps when all the neighbors lost their houses in exactly 5 years

Devian666 posted:

Balloon payments seem to do nothing for financial stability as anyone who has a balloon payment doesn't seem to understand how it works.

OneWhoKnows posted:

In non-financial crisis situations, do most people who aren't paying off the balance just expect to refinance?

OneWhoKnows posted:

In non-financial crisis situations, do most people who aren't paying off the balance just expect to refinance?

CellBlock posted:

I would imagine, just like all those Interest Only loans that were issued. You just pay the interest for a while, and then when you build equity solely through the property appreciating, you either refinance or sell the house. (It's stupid, but it sounds like a great idea when everyone you trust to advise you through this tells you things like "home prices never go down.")

Series DD Funding posted:

Also thinking that a summation of 30 years of payments is a useful number is pretty BWM

Not a Children posted:

I think it's kinda odd that the town didn't get the full losses + damages from the auditors. Isn't having auditors supposed to be your failsafe against poo poo like this?

movax posted:

Whatever happened to SloMo? Did he suck-start a .45?

quote:

I am wanti,g $ to get that tattoo off my for head I want to have a better start out in life and have a second chance at life please help me I was young n dumb when I got that I'm older one looking for a job can't get out and people call me a druggie every day of my life and being called 420 is not nice and I almost killed my self over it. ..can't stand to look at my face anymore. .save a life save me..invest in me and I will show you I can be better with my life. ..thank you

quote:

and by the way I will not be goin on the show the doctors because of my i.d isses so I will not being getting any free tattoo removal from anyone

Switchback posted:

Sic Semper Goon posted:

I wonder what her "i.d isses" are, considering that she's already as publicly exposed as she's going to get.

Then again, any thought and consideration of the consequences were clearly de trop in this scenario to begin with.

Florida Betty posted:

I'm guessing it's "Intellectual Disability", at least based off one person in the comments who claims to be her brother is saying. And the spelling.

NancyPants posted:

Yeah of all the things to crowd fund I don't think a tattoo removal is even close to the worst. I'd rather give someone money for that than their vacation or money to buy a house to flip.

Nitrox posted:

She's not removing the tattoo. She is just asking for money because her life is miserable or something.

Nitrox posted:

She's not removing the tattoo. She is just asking for money because her life is miserable or something.

Blinkman987 posted:

Salty rear end people on that page mad that their individual crisis handout pleas aren't being addressed and instead are passed over for some lady's tattoo removal.

They think GoFundMe is for horrible accidents or illnesses. No, that's what a functional health care system is for you loving morons. These are the people who think we should handle cancer with spaghetti dinner nights at the local VFW.

Jeffrey of YOSPOS posted:

I don't read that on the site, pretty bizarre if it's true.

quote:

UPDATE #4 7 DAYS AGO
11 person likes this update
and by the way I will not be goin on the show the doctors because of my i.d isses so I will not being getting any free tattoo removal from anyone

quote:

Caitlin Augusta 400400 14 days ago
I don't know you but I'll pay for the removal with a cc over the phone directly to wherever you go to have it removed.... Feel free to contact me through fb. I will look up the number for the place myself and call them directly and leave payment for you to have it removed. No one should have to live with something like that on their body.

Nitrox posted:

She's not removing the tattoo. She is just asking for money because her life is miserable or something.

Juanita Wanda Halden posted:

$5
11 days ago
I emailed this to Go Fund Me support email 24/01/2016. Notice To Act: Dear Go Fund Me agents / representatives; It is my duty of care to Notice you to act regarding a campaign of hate mail, cyber bullying and sexual discrimination directed at myself & a female Go Fund Me campaigner. I expect Go Fund Me to protect & respect this woman - her campaign link is as follows; https://www.gofundme.com/tabitha-west The following is a copy of mail received through Facebook: Michael Bennett Hello Juanita. I was just on a site called GoFundMe and found a comment in which you shamed people for refusing to donate to get a girl's head tattoo removed. I won't "shame" the girl who got the tattoo on her forehead. She did that to herself already by making the poor decision of getting the tattoo. It is clear that Tabitha is in need of some help and that she may have some psychological issues which still may need to be addressed, but it is not the public's business to do that. The page was a cry for help clearly, but this is not what the site's intended purpose was. You probably don't even actually care about Tabitha, however. I believe you have made a mistake and hope you can learn from it. At your age you can not afford to be so ignorant. GoFundMe should be used for charity causes. Like real charity. Not a bailout for someone who made a foolish decision that affects nobody. There is no moral weight to her tattoo removal. There is, however, to donating to an actual cause. Taken directly from the page itself, here is a quote from Shawn Morse (someone who ACTUALLY NEEDS FUNDING FOR A LEGITIMATE PURPOSE): "Its people like you that keep my sick girl from getting help. My daughter has three brain tumors, cerebral palsy, neurofibromatosis, an optic glioma, & a feeding tube. My daughters GoFundMe keeps getting passed over for things like this. There are too many people begging for money for their bad decisions in their life, meanwhile my very sick 10 year old daughter can get the help she needs. I'm outraged that this is being used to remove a tattoo, so my daughters GoFundMe just gets passed by and buried just like the other girl who is begging for money because she doesn't want to work." So. By your logic shame on him too for mentioning a cause of actual importance, right? By your logic, shame on him for chastising people for donating toward a cause that won't save his daughter's life right? Maybe that cause seems small to you, perched from atop your ivory tower, but shame on YOU for being so judgemental towards him and other rational people. I hope you at least have the decency to do something truly charitable with your money in the future and perhaps you can keep your ignorant opinion to yourself. Good day, Juanita. Michael Bennet The McCaig Foundation The following is my response to a hate email sent to me because I chose to throw $5 at a crowd fund to support a woman's choice to improve herself by removal of a facial tattoo: "Dear Michael, Go shove your unsolicited opinion up your bum mate - my decision to assist or support a woman to improve her life is my own you wanker. You hate mongering folks can try Rationalising hate campaign and misogyny all you want - I will always oppose it. And I will always be advocating for women's empowerment. Why do you think your opinion of what constitutes 'crowd funding' worthiness is superior to mine or any other woman's? As for your own crowd fund campaign for your daughter - maybe if you dropped your hatred for women you might get somewhere with it? I dunno - just a thought? I certainly will continue to exercise my right to choose & you can shove your bigoted + ignorant sexist opinions up ya clacker. Bottom line is everyone deserves a chance and everyone deserves to believe in the good of someone else's intent. Cheerio from the ivory tower; Juanita 'Wanda' Halden HighCountry Foundation Presenting; https://www.dprgp.org and other private projects designed to empower folks." Kind regards, Juanita 'Wanda' Halden Out'n'about on !Phone Ph. 0473 214 352

quote:

I've only owned my 2014 Beetle TDI premium for 8 months but the VW emissions drama and worrying about how much money I was going to loose along with reading 2014 Jetta TDI is now only getting $8k at auction motivated
me to trade it in, take some cash out of my 401k and buy a 2016 Jeep Wrangler. Off roading used to be a hobby.. now it is again. Hopefully I can recoup the money I had to put down because the TDI only got me $14k. $5200 below payoff. I had $5k of equity going in. I'll never buy a new volkswagen again.

quote:

A friend of mine has a Manheim account. 2014/2015 Jetta TDI and Jetta TDI wagons are now averaging $8k at auction. When I saw that I traded in my 2014 TDI Beetle Premium before it's value hit rock bottom. I got $14k.. for a car that should have had $24k. The car only had 8k miles and I bought it 5/18/2014. VW really screwed us. I didn't want to take a chance on losing any more. I had to tap my 401k saving to put enough money down on a 2016 Jeep Wrangler Sport S. My car had a Fender Stereo so I had to get at least the 567w Alpine stereo. Hopefully I can recoup $10k from the class action law suit.
Many recent owners are screwed. I liked the car.. my wife and I took it on several long road trips... It was great driving through the White Mountains in New Hampshire lots of torque. To be honest I don't trust volkswagen any more so I don't trust that the "fix" will not hamper efficiency or performance. I used the VW $500.00 visa for half the tax, title, destination charges.
I'll never buy a new Volkswagen again.

BraveUlysses posted:

from a VW TDI forum, same idiot posted this in a couple of threads:



Yup, the only solution was to buy a new car, and tap your 401k to do it

quote:

It was great driving through the White Mountains in New Hampshire lots of torque. 

Switchback posted:

Divorcing couple divides beanie baby collection under judge supervision, 1999

quote:

A bizarre lawsuit stemming from a University of Illinois physician's desire to acquire his neighbors' driveway continues to consume the time and resources of the courts.

Champaign County Circuit Judge Jeffrey Ford issued a $242,400 judgment in May 2015 against Dr. Milorad Ketchens for his allegedly underhanded attempt to acquire the driveway of his neighbors, Ross and Leslie McNeil.

Last month, Ford imposed a $29,354 judgment against the University of Illinois Employees Credit Union for ignoring a court order freezing Ketchens' account and allowing the veteran physician to withdraw funds.

The McNeils live at 609 W. Stoughton St., U, while Ketchens and his wife, Sheila, reside at 613 S. Stoughton St., U.

The legal dispute began in January 1998, when Mrs. McNeil returned home to find that Ketchens had parked his car in the McNeils' driveway. Claiming he — not the McNeils — owned the property, Ketchens did not move the car until 2010, following a state appeals court decision rejecting his ownership claim.

The McNeils then sued Ketchens for the alleged torment he had put them through.

Judge Ford ordered that Ketchens pay $2,400 in actual damages for denying the McNeils the use of their property.

He also ordered an additional $240,000 in punitive damages against Ketchens for conduct he said "shocked the conscience of this court."

Because Ketchens has asserted that he does not have sufficient funds to post an appeal bond equal to the judgment, the McNeils' lawyer, Fred Grosser, has the legal right to begin collection efforts.

Grosser obtained a court order directing the UI to deduct $1,800 a month from Ketchens' roughly $150,000 annual salary. So far, the wage garnishments total about $15,000.

Grosser said he also has arranged freezes on funds held in accounts at some unidentified financial institutions.

"I won't say any more about that until we have filed a 'motion for turnover' with the court," Grosser said.

But he's also battling with the UI credit union over its allegedly inappropriate decision to disburse frozen funds to Ketchens.

Donald Parkinson, the credit union's lawyer, has filed a motion asking Judge Ford to reconsider his $29,000-plus judgment against the credit union. A hearing on that motion is set for March 9.

Meanwhile, Ketchens' appeal of the judgment against him is off to a slow start.

According to legal documents, he paid $35,000 to Springfield lawyer William Hardy to handle the appeal. So far, however, Hardy has filed five motions seeking an extension of time to file his brief on Ketchens' behalf. The last extension Hardy filed asked for a delay until Feb. 10.

Once Ketchens' brief is filed, Grosser will have five weeks to file a respond.

If all goes according to routine procedure, the 4th District Appellate Court ultimately will schedule oral arguments and render a decision.

For now, however, the only activity involves the McNeils and the credit union's skirmish over the $29,000.

Legal records show that Grosser filed the requisite papers on Aug. 13, 2015, that "expressly prohibits the credit union from making or allowing any transfer" to Ketchens.

"The freezing of the account needs to be accomplished immediately. As you are now aware, there will be substantial funds deposited to that account (Aug. 14, 2015) which you are required to receive and freeze," Grosser wrote Kristy Lewis, the institution's associate director of operations.

"I have received the statement and found the account. We will take the necessary actions, as described in the citation," Lewis wrote.

Several days later, Lewis informed Grosser that she had consulted the credit union's director of security and decided to allow Ketchens to withdraw funds from his account.

"Dr. Ketchens provided documentation showing that the (UI) began withholding 15 percent of his gross wages starting in June. Because the (UI) has garnished his wages, the rest of his payroll is exempt," she wrote.

Grosser challenged the credit union's interpretation, filing a motion asking that it be required to pay to the McNeils whatever sums it had allowed Ketchens to withdraw.

Grosser argued that "no funds of (Ketchens) and in the control of the credit union can be disbursed to any person or entity without an order of the court," and Judge Ford agreed.

The battle over the driveway, which is now in its 18th year, began after Ketchens discovered the driveway he coveted — so-called Tract A — was left off the property description of the McNeils' residence at 609 W. Stoughton St.

As a result of what was described as decade-old "scrivener's error," Tract A was recorded as unowned property. Ketchens sought to acquire ownership by paying the property taxes on the small plot of land and acquiring a deed from a now-deceased Urbana lawyer conveying the property to Ketchens.

Ketchens apparently wanted the property so that he could trade it to the owner of the house located between the Ketchens and McNeil residences. That would allow him to expand his property to the east while permitting the owner of the middle house to expand his property to the east. The owner of the middle house rejected Ketchens' proposed swap.

The courts ultimately concluded that the property had always been a part of the property the McNeils own and that Ketchens had no right to it.

In the McNeils civil lawsuit against Ketchens, they alleged that the years of fighting with Ketchens over their driveway made life miserable for them and their children. In ruling against Ketchens, Ford said it is "hard to believe that (Ketchens) could not realize the totality of his actions could affect (the McNeils) as it did."

As part of the collection process, attorney Grosser has conducted citations hearing in which he has asked Ketchens about his assets. Ketchens has said he has no extra funds and needs his university paycheck to pay his bills.

pig slut lisa posted:

Even better than the credit union somehow landing itself in a $30,000 adverse judgment is the $150K earner in this extremely affordable community claiming that "he has no extra funds" and is essentially living paycheck to paycheck.

pig slut lisa posted:

Oh also here's a fun local news story:


Even better than the credit union somehow landing itself in a $30,000 adverse judgment is the $150K earner in this extremely affordable community claiming that "he has no extra funds" and is essentially living paycheck to paycheck.