No, it is not what going to end up paying. It is the TOTAL tax liability, which includes what you have been paying (payroll withholding) during the year, plus what you might end up paying later. (or minus any refund.)

The NICE recommended treatment is Beating the Blues which can be accessed via your computer. available via your GP in most areas.

Total 2008 payments means the amount withheld (from your pay, etc.) plus the amount of any estimated tax payments you made.

Credit card companies will often waive the late fees if a one time thing and you ask nicely. probably the "goodwill" you heard about.

Make the person obtain their own financing or do this transaction.

Check your current ARM and any new however, for any prepayment penalty on refinancing or payment of principal. This is not an uncommon feature during the first 3 years of a loan with ARMs.

Some people will attempt to sell their home and have the buyer "take over" the payments. In most cases, this is in violation of the agreement–most loans have a "due on sale" clause that would require the loan be paid off. If the lender finds out, it could declare the loan in default and accelerate the payments. If the loan paid off, then the lender would foreclose.

You could do one of these deals but be aware you are in violation of the loan. However, if you later default, its not on your credit–it is still the credit of the original borrower.

Be very careful if you try to do one of these deals.

A. Rajagopalan

Late payments show two places on your credit the first is the last 24-months and these are the ones that affect your score, the others that are over 24-months old show in the complete payment history which is located on the right side above the most recent 24-months

Once you have no late payments in the last 24-months there will be no affect on your score by the others.

Marty

DTG

you need to telephone the bank and find out what has been happening to the added amounts you have been sending in and how to accomplish what you want with your over large payments.

[added amounts might be held in an escrow fund and receive zero interest, for example, until the next scheduled payment due date -- IF that is what the loan documents say is done with added funds.]
…

It is time to no longer these people and instead requie that they use what wits they have to survive in our society. Sure, some will gravitate to crime while others do not. This must be done soon before they double their present number as they did during the past 35 years.

They lived lazily and sometimes even lavishly during the past 45 year age of society programs. No longer can the nation afford such largesse nor should it ever have implemented such programs in the first place.

Social programs directed to poor' since 1965 have cost our nation many trillions of dollars. To date this exceeds the current National Debt. If these social programs are not soon stopped the result may well be economic calamity for the nation.

That day is soon to arrive if measures to significantly reduce social spending are not implemented.. and be made permanent. Once eliminated, they are never to return. Those disagreeing can move to another nation or continent where they can fashion the type society they want and do so dolely at their risk and expense.

Thanks if you can help!

The day of simply walking in and taking over payments is pretty much a thing of the past. Too many sellers and lenders got burned by defaulting blind assumptors.

Write a hardship letter to your lender, explaining your present situation. Writing hardship letters does not have to be difficult, but you need to know what your lender is looking for. Many homeowners simply do not understand the basics of writing an effective hardship letter and this is costing them their homes.

When i was in that situation two year ago, i acquainted with a free mini course that shows me how to responsibly state my income so that my debt to income ratio is the target my lenders are looking for. I have seen this too much and have decided to put an end to the thousands of people who just need to follow a hardship letter sample and simply written up to date guidelines.

Also, you would have to give a little more info than what you have given. Is this for personal taxes, or a business????????

If it is personal taxes just go online and e-file before April 15, 2009 and you need an extension. If it is for business and you have a financial statement just take the bottom line, net profit/net loss and multiply that by 28% for federal and 5% for state and use that as the estimated tax due, until you get your taxes completed.

If this has put a lot of money in to this piece of equipment, he will want you to pay him something on top of the loan amount.

Be very careful that no one signs anything without a lawyer reading the paperwork over.

As the guy above me said, this could be a scam and if you make the payments without some form of legal contract, the guy will keep the truck and any money you sank in to it.

The problem is that taking over someone thusly is not allowed by the lender without approval and refinance. Moreover, Form 1098, which provides evidence of interest paid for tax deduction, goes to the FORMER owner, and YOU cannot deduct it legally from taxes because you are not legally obligated to pay same.

If not bad enough, you MAY be taking over a for more than the house is In other words, it IS too good to be true !

why corporations need to be taxed, to discourage them from using leverage.

if you trust me, then tell this guy to assume your and leave the title in your name – sign the title over to him. See what he says about this deal. the exact one offering you but reversed.