Financial advisor and columnist Brandon Renfro I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I […]
Tag: Collect
It’s a trap! Small towns across US use traffic tickets to collect big money from drivers.
Towns across America are once again relying on an old scheme to generate revenue: Turn their police forces into collection agencies to squeeze money out of the citizens they are sworn to protect. From Texas to Ohio, municipalities are using law enforcement to counteract declining tax bases through the aggressive enforcement of fineable offenses such […]
Missing Airplane Mechanic Was Trying to Collect $315,000, and Debtor Is Now Charged with Murder
Suren Seetal, 36, was reported missing after he didn’t return home from work on Nov. 2 A Florida airplane mechanic who was trying to collect a $315,000 debt was kidnapped and killed — and one of the suspects is the man who owed him the money, authorities allege. On Monday, the United States Attorney’s Office […]