I am sure there is a logical explanation for this and it may be complicated, but a simplified example may serve to illustrate the point for the OP.

It is comical, but that is how complicated the whole thing really is!

The wording is often meant to confuse and make it complicated.

. ;-) This game really is not that complicated.

I agree with Kevin that it is really hard to advise you about something as complicated as life insurance without knowing a ton of variables that you won't want to post on a message board.Having said that, I can't imagine why you would want to purchase life insurance without a need to hedge downside risk of your death.

The second doesn't go away they just sell to asset collection company for so many cents on the dollar and write off the rest with taxes.So the reason what they will do varies so much is some states have very long redemption periods and very long judicial foreclosure processes.Here in Georgia investors love our state.We have a power of sale clause in almost all the deeds where you give a 4 week legal notice in the local paper and then foreclose at the courthouse steps the first Tuesday of every month.After the sale at the courthouse steps there is no redemption in my state.All you have to do at that point is evict the holdover tenants.Many sellers incorrectly believe the loan balances go away once foreclosed on or sold as a short sale.This is not true and everything must be negotiated in writing so that later the sellers cannot be pursued for a deficiency and then wage garnishment or a bank levy.

This topic is way to complicated to answer in a forum.

I don't believe that politicians have the authority to determine guilt or punishment in judicial matters.I've noticed that over the past 10 years or so, there has been a movement by our government and by many right-wing commentators AWAY from the Constitution, and I believe it's having a negative impact on our country as a whole.

Hi guys, Here is my situation. I have 3 properties i stopped paying for and soon or later the bank is going to take them. Between all 3 of them the mortgages and missed payments are about 1.2m. The real market value o...

They argue that there was a quorum because a member was present by telephone.For the sake of argument and making this much shorter, I will allow them to say there was a quorum but no possible way to have a majority vote with 3 out of 8 members not present and one recusing herself from the vote. 4 out of 8 votes is not a majority vote which is required to accept a contract.To complicate matters, the president will not allow me to make a motion or finish making one concerning the illegal quorum.