Tag Archives: reimbursement
Door To Door Loans Neednt Go Anywhere for Funding
Looking for the fastest way to take financial assistance at the time of unexpected fiscal crises door to door loans are the hassle-free options for one. Door to door loans have been planned to support the individuals at their doorsteps so one doesnt need to go anywhere for funding when emergency cropped up at the doorstep of the individual. The specialty of these loans that is, these loans are delivered at door to door by a friendly local agents and the reimbursement is not also problem since the amount can be received from door to door on the arrival of repayment time.
Door to door loans is essentially an unsecured loan. Now one does not need to bestow any asset as collateral at the side of the loan. The amount for the door to door loan would be £50 to £500 and more at the borrowers need. The reimbursement period would be from 14 to 31 days. Any delay in repayment can cause late fine. Therefore, unfailingly repay the loan on time. The borrowers can spend the money for their personal and temporary expenses as well, that are described below:
– Electricity bills;
– Home renovation;
– Fees of the school and college;
– Car repairing;
– Examination fees;
– Room rent;
– Wedding;
– Traveling, etc.
A door to door loan is short term and unsecured loan so the borrower does not have to place any security in lieu of the loan amount. There are some of the pre requisites of the loan to be qualified.
The borrower must be above 18 years old of age.
The borrower must be the citizen of UK.
– The borrower must be permanent jobber in any reputed company in UK.
The borrower must have monthly income of at least £1000.
The borrower must have a validated active checking account for past six months.
Door to door loans do not require any credit check also. Blemished credit situations like arrears, CCJs, IVA, defaults, late payments, etc and many such bad records can not become the hurdle in availing the loan.
These loans can be applied via online as well. This service is more preferable. A borrower is to provide the correct details in the online application and as soon as the amount will get transferred into the borrower’s bank account within few hours of the day.
How to Protect Your Home From Medicaid Reimbursement
All people wait for that red-letter day when they make their final mortgage payment. They look forward to owning their home without encumbrances. As long as property taxes are paid, their most valuable asset is safe. The property can be passed on to their heirs.
But let us not forget the Medicaid reimbursement official with a lien, ready to seize your treasured asset. Under the laws of most states they have the right to seek reimbursement for Medicaid payments. As long as you live in your home it is exempt from recovery. The moment you enter a nursing home, that protection is gone.
If you are married, your house will be exempted as long as your spouse lives in it. But if the spouse dies, the state can place a lien on your home. Then you can neither sell it nor refinance it without reimbursing the state for your Medicaid payments. If a situation arises where what you owe equals the equity in your house, your heirs will receive nothing from the sale of your home. To avoid such a situation, the following safeguards can be taken.
Obtain long term care insurance. It pays for in-home care like a stay in a nursing home or assisted living facility, so that Medicaid need not be resorted to. Statistics reveal that 69 percent of Americans who reach 65 will need long term care at some stage.
Gift your home to your children or loved ones. A lien cannot be imposed by the state on a home which is not yours. The gift has to be made more than 60 months before you enter a long term care facility. The recipient might have tax implications.
Your home can be transferred with a special power of appointment. The transfer could become effective immediately or after you die. If this is done, the state is kept away.
Consult an attorney who specializes in elder law.