Con Ed Final

Debt management plan

Which of the following would not be considered PTO?

Debt Management plan.

This is built up over time as principal and interest are paid down and overall value increases.

Plan for paying of debt.

Thing offered to you through your job that does not include your pay.

Bill works four 10 hour days in a week. Which of the following describes his work hours?

Security deposits could be lost in which of the following cases?

Working remotely.

Money coming out of a checking account would be called which of the following?

Which of the following rental situations would most benefit someone who wanted to leave in one month?

Anna Works at a job which pays her to choose her own hours. What is this called?

IRS search of your income and tax history

Which of the following is responsible for Credit Counseling Services for Consumers?

Making sure your own records match your banks.

Income which the government uses to calculate your taxes.

Value you have in the properties you own. Not cash, but value built over time.

Purchased to pay in place of cash to insure payment.

Dwelling divided into 2 separate living spaces would be which of the following?

Loan that does not require a down payment, but does require mortgage insurance

Process of fixing your credit would be called which of the following?

Plan for paying off debt to raise credit

Dormitories are usually which of the following?

Debt will still be paid, but only involves restructuring debt

Dwelling shared by two separate individuals

Reorganization Bankruptcy would be which of the following?

Dwelling which is owned by one person, but ownership ends outside the doors

Which of the following is offered to try to end debt without incurring new debt?

Money that is removed prior to you receiving your pay.

Counseling which seeks to assist with debt and credit management

National foundation for credit counseling

What is the term created for a declaration that your cannot pay your debts with your current income?

Loan that does not require mortgage insurance, but does require down payment

Having your check deposited into your account directly is called which of the following?

Group of people who organize to work together for work related goals.

Term used to describe the ease of converting an investment into cash.

Describes how you will file your taxes

Escrow accounts can be used only for which of the following?

Process of selling assets to pay off debt.

Sales tax would be considered which of the following?

Eviction is a short process which only a landlord needs to attend.

Liquidation bankruptcy would be which of the following?

Used to attain a loan when credit would not otherwise allow the loan to go thorugh

Which of the following is standard overtime pay?

Which of the following is not a leading cause of Bankruptcy?

Which of the following terms is used to describe total pay before deductions?

Creditors would declare which of the following?

Rule for amount of debt you can handle.

Process of being removed from a property.

Becky agrees to only work 16 hours a week at her job. Which of the following describes her working situation?

Term for writing a check when you know you do not currently have the needed funds.

Property which cannot be taken during bankruptcy

Which of the following is a federal group charged with protecting Americans' money in bank accounts

Money owed to the government for tax purposed is called _____.

Used by unions to negotiate on behalf of a large group of people

Which of the following is the term used to describe total pay minus any deductions?

Businesses most commonly file which of the following?

Apartment which someone owns.

Value of a home based on its sale.

Value a house is believed to have based on comps.

Credit that works against your tax liability.

Debtors would declare which of the following?

Which of the following can result from over drafting your bank account?

Person or group who owns a debt

Person or group incurring a debt

Apartment you stay at during your time at a university.

Tax credit which is available to every American. Adjusts year to year.

Apartment where all rooms minus bathroom share one area.

Money going into a checking account would be called which of the following?

Federal income tax would be considered which of the following?