Voluntary Repo

We recently returned our car to the finance company in a Voluntary Repo and the finance company (Credit Acceptance) told us that they will try to sell it at Auction then we would owe the difference. Can anyone tell me if we negotiate a reduced settlement agreement on the balance after auction?
Well, it wouldn’t cost you anything to ASK for a reduced settlement. Get money from gshloans.com inc, so you might re-iterate your financial problems (after all, you wouldn’t have turned the thing back if if you could AFFORD it). You might also mention that you’re trying to avoid having to declare bankruptcy. That’s not a lie – you ARE trying to avoid bankruptcy. And you’re not telling them that you WILL file BK. But that puts a thought in their mind that if they push TOO hard, they might not get ANYTHING.

Weve not heard a word

dbil said hed look into moving dmil in with him, but THE sil refuses to accept any form of communication from any of the siblings. None of us have the money for a long court battle, so dbil is looking into other avenues he knows about.

As for the house? Who knows? Dh doesnt think there was ever a house because sil is known for making up scenarios to just get money to spend on a whim elsewhere. We dont expect to hear shes done anything else until about Oct. You can pretty well set your calendar by her money grabs. Late Feb/early Mar every year, and then again late Oct/early Nov. The broker has not heard another peep out of her.

We figure the next move is shell claim dmil has a health issue. We are prepared for that.

I agree that it affects a small %

but once the horse is out of the gates, so to stay, there is no guarantee it will stay there. Thats by design of course. No one cares unless it affects them directly. So government starts with a small % and then can lower the ceiling later a bit at a time. It is just one more attack against the rich in our country.

One might be able to move things off shore ? but its stupid to have to jump through hoops to keep the governments greedy hands off ones RETIREMENT. Obama and his government should cut spending, not try every means to get their hands on peoples money.

Its been theorized that retirement savings would be the next thing to be taxed, didnt take long.

I know that the people I deal with

on a day to day basis (outside my immediate family and this list) always say I dont have enough money to save. Now we all know that even if its a penny or two here and there anyone can save something.

People also cant seem to stand the idea that someone has money in savings. I know it drives THE sil nuts that dh and I are standing guard on dmils savings and keeping it out of sils reach. She has flat said in the past that dmil doesnt need a savings account, that she is in 85 and should be spending it and enjoying it. That she will NEVER need the savings account. That she will never have a medical emergency, or go into a nursing home. It really makes her mad when we point out what weve seen in my own personal experience.

Having been a person who cares for the elderly since I was about 10 years old I can tell you that the elderly ALWAYS need savings. That there is never a guarantee that they wont need additional health care, whether it be in their own home or a nursing home. We cant get her to understand is all it takes is one, or several mini, strokes to leave a person in the fetal position needing round the clock care the rest of their life?my Grandmother Poyner. One day too long out in the sun to develop skin cancer and need cancer treatment for the rest of their life?my grandfather Poyner. One slip and fall in the bathroom to get a broken back and end up spending your final days in a nursing home?my Grandmother Cumine, the list goes on and on. These three were all older than 85 when it happened.

Sil replies that shell take care of dmil no matter what, so the savings isnt needed. Yeah right, she doesnt even give her the daily meds shes suppose to take now. Plus, those meds can get VERY expensive?See Grandpa Poyner. So well keep guarding the money, as little as it is. It will at least get her some help when she needs it.

As for shooting for 3 mil, Im for it, but at age 62, dh 65, it might be a little tougher for us to get there LOL!

There was a rendezvous encampment at Dripping Springs State Park not far from me

We walked not only through the encampment, looking for friends, but we walked around the outer edges of it as well, to just look at the canvas from afar and remember. There is something inspiring about looking at an encampment from a distance.
The type of voo I am referring to is a family friendly version of the pre-1840 Fur Trade Era Mountain Man Rendezvous (in other words, no camp followers or brawling allowed LOL!)
Two inspiring moments come to mind. I was at one voo in Diamond, Mo and one Sunday morning just as I crawled out of my tent I hear bag pipes. I wandered to the center of camp to see a woman dressed in a white deer skin dress, standing in a swirling low ground fog in front of her tipi playing Amazing Grace by the time she finished she was surrounded by all attending the voo.
There in the mist, with wisps of smoke curling out of the near dead campfires were probably 100 of us dressed in pre-1840 clothing. While none of us thought to take a photo, it will always be in our memories.
Bagpipes are a big part of historical re-enactments and the other memory was also early morning. I was at North Eastern National Rendezvous on Schroon Lake in upstate NY. Each morning the Piper Brigade dressed in full kilted regalia would pipe the morning in coming over the crest of the hill just as the sun rose behind them.
In both memories the white canvas, tipis, wall tents, marquis tents, Bakers, lean tos are all part of the scenery and you truly feel you have stepped back in time.

Ok….

Then one moves their savings elsewhere. Like offshore.

There are other ways to save your money, go back to freezers, mattresses, burying in the back yard.

Problem is, people aren’t really saving anyway, so if someone reaches 3mil in an IRA, that is no small feat and I believe they have savings/investments elsewhere as well.

Funny to see outrage about saving 3mil, is seems like a challenge to me to actually get to that point. Come on, lets do it! I am going for it, my new goal is to take on the government, be part of the .03% with 3m in n IRA.