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      May 22, 2018

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Debt Consolidation in Maine

Maine MapMaine falls within the bottom third of all states in the nation when it comes to bankruptcy filings, with an approximate 4100 residents filing for bankruptcy in an average year, or 3.11 filings for every 1000 residents. There are a number of debt consolidation agencies working to bring those filings even lower by giving individuals alternatives to filing for bankruptcy.

Credit card debt in the state also puts it in the lower half, with an average debt per citizen of $5,613.10.

Maine homes tend to have an average list price of $197,000, considerably higher than many other parts of the country. Foreclosure rates in Maine vary by county, but overall the state sees one home out of every 1700 in foreclosure, and even the highest rates - in Waldo County - are only moderately higher at 1 in every 1028.

On the other hand, college graduates in Maine are more likely to graduate with student debt. Maine ranks 16th in the nation; 64% of students do graduate with debt, and that amount averages $29,934. Debt consolidation is one strategy used by young adults in an effort to manage that student loan debt.

The Attorney Generalís Office in Maine has warned consumers to be aware of a phone scheme whereby callers push Mainers to pay off debts using prepaid debit cards or wire transfers, as the caller pretends to be a representative from the government or a business with whom the resident has a relationship. The state encourages consumers to hang up if they receive any such phone calls.


Now will you come to Tacoma New tax credit takes aim at Seattle's new head tax

"And they are telling me that's why they are calling me, because the head tax passed." Now companies have another reason to call: A $275 tax credit per employee for new, family-wage jobs. Leaders of Tacoma and Pierce County announced the plan in a news ...

Published:  Mon, 21 May 2018 17:40:00 GMT

'They made me feel like a criminal': Woman scammed out of thousands after receiving a fake call from the 'tax office' saying her passport had been frozen - and the one trick ...

A woman who was tricked out of thousands after she received a fake call from somebody pretending to be from the tax office has spoken out about how you can avoid the scam. Mona Jafari was convinced she had received a call from the Australian Tax Office.

Published:  Mon, 21 May 2018 16:52:00 GMT

LePage bill intended to help protect elderly from tax lien foreclosure in limbo

... LePage was so nice to call me and said he'd help me, and I appreciate it an awful lot." A message left Friday for Caribou City Manager Dennis Marker was not returned. A man in the tax lien department referred a reporter to Tax Collector Wanda ...

Published:  Sun, 20 May 2018 14:40:00 GMT

Politics Live: One Nation deals apparently fatal blow to company tax cuts

Wong was grilling Cormann on One Nation's demands in return for backing company tax cuts. Then this exchange happened... CORMANN: I know that you always like channelling Senator Hanson. WONG: Actually, that's a little offensive. She thinks people like me ...

Published:  Mon, 21 May 2018 16:47:00 GMT

Cooper budget proposal relies on extra taxes

Which brings me to Gov. Roy Cooper's just-released budget proposal. Under the budget enacted by Republican lawmakers last year, North Carolina's tax rates are scheduled to decline during the coming year - to 5.25 percent on personal income ...

Published:  Sun, 20 May 2018 21:55:00 GMT

School funding, tax reform in limbo in Maine

AUGUSTA, Maine (AP) - Maine lawmakers and Republican Gov. Paul LePage are blaming each other for legislative inaction during the run-up to a crucial campaign season. No action has been taken on funding for nursing homes, schools, expanded drug treatment ...

Published:  Sat, 12 May 2018 11:00:00 GMT

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