Economic Stimulus Money! Do You
Qualify? Are You Eligible?
Here's
ten surprisingly easy ways to do it yourself
News for Public Officials - Updated December 2010
If you know where to look and you don't mind
putting a little effort into doing it yourself, stimulus money is
available for just about every aspect of your life. Both private and government programs
may provide fast help for rent, unemployment,
home ownership, help with rising energy costs, money for college, cars and
even credit card debt. For many families, independent programs may be the
fastest resource for immediate assistance.
Struggling families nationwide are creating their own bailout programs with help
from
service providers who understand the intricacies of private
and government stimulus incentives currently offered through thousands of federal, state,
community and commercial assistance programs.
Although not all of these are part of the
federal stimulus package, independent service providers may often
produce very
fast and very effective help during this economic crisis.
Credit Card Act of 2009
New Consumer Protection Law
"The days of any time, any reason rate
hikes and late fee traps have to end," President Obama said in
August 2009..
According to the White
House, the average American family carries a credit card balance of
$10,000. In March, President Obama announced, "The days of any time, any reason rate hikes and late fee traps
have to end." This is good news for struggling consumers.
New
credit card laws of 2008, 2009 and proposed laws set to go into effect in 2010
along with government bailouts are motivating banks and credit card
lenders to
quickly settle debt
with debt settlement specialists. You
could eliminate half of what you owe.
On Thursday, August
20, 2009, provisions of the Credit Card Accountability, Responsibility,
and Disclosure Act ("CARD") signed into law by President Obama last May
became effective. Other provisions of the law go into effect February 22,
2010.
Now that the
government is cracking down on credit card lenders, struggling cardholders
need to act fast to see if you may be eligible to quickly and legally
settle half your debt - without bankruptcy.
Are you eligible?
Complete a 20-second form to find out if your debt qualifies under the
Credit Card Act of 2009.
Restructure Your Mortgage - Keep your home
affordable!
If you are current on your mortgage but struggling with the payments, refinancing your home with an
FHA
,
Fannie Mae, Freddie Mac,
USDA
or conventional fixed-rate mortgage can make your home affordable again
and save you thousands of dollars. President Obama's administration is urging homeowners
to refinance, restructure or modify your mortgage. Click here to quickly determine if you qualify for refinance loan restructuring. 
Worried About Foreclosure?
This
year, one in ten homeowners is facing foreclosure, but new initiatives from
the government and private service providers for
loan modification and refinancing are making home affordable
again for millions of struggling homeowners. Loan modification allows
homeowners and lenders to change the
terms of your loan in order to stop foreclosure. A loan
modification is NOT a new loan. For many, it is often the ONLY option
for homeowners with bad credit that are behind on their mortgage. You
can take on the bank by yourself or you can
complete
one secure form to
get a personalized plan to
find out if you qualify. You have no obligation. There is no
credit check and no social security number is required. If you owe at
least $100,000 and are behind on your payments you may be
eligible to
stop foreclosure fast, modify your loan, eliminate your back payments
and save your home.
In some cases you may qualify for government rebates of up to $8,000.
In addition, at-risk homeowners may be eligible for assistance from
local Section 8, HEAT programs, and other local housing authority
assistance programs.
Let Your House Pay Your Taxes, Secure Your Retirement and Put
Tax-Free Money in Your Pocket
If you're 62 years old or older and need money to pay off
debt, cover medical expenses, or help out the kids you'll be happy to know
Congress has raised the amount banks may pay you while you enjoy your
retirement from the comfort and security of your own home. The American
Recovery and Reinvestment Act of 2009 raised the limit for
government-backed
reverse mortgages to $625,500.
There are no income, employment or credit qualifying restrictions. You own
your home - not the bank and you never make a mortgage payment while you
live in the home and the
money you receive is tax-free. You can get a
Free Reverse Mortgage Guide from
Quicken Loans that explains all your options and simplifies the
application process.
Home Value Down? Take 40% or More Off Your Home Insurance
(and maybe your taxes)
One in six
of all homeowners is now underwater.
In some of the hardest hit areas, more than
80% of homeowners owe more than their home is worth. In 2008 American
homeowners collectively saw $3.3 trillion erased from the value of their
real estate while at the same time property taxes and insurance remained
the same or even worse - went up. While many homeowners struggle to keep their
heads above water, others are actually lowering home payments by bringing insurance
and taxes in line with lower home values . . .
Cut your homeowner insurance by 40%.
First Time Home Buyers Tax Credit Now
Includes Existing Homeowners
How would you like an extra $8,000 dollars in your pocket? If you're a
new home buyer, the money could be yours. The $787 billion economic
stimulus package signed into law by President Obama in February makes it
all possible. Obama extended and expanded the bill November 6. The
extended bill expands the $8000 first-time home buyers tax credit
program to include a $6500 credit to current homeowners. With the
signing of the bill both existing homeowners and prospective home buyers
may qualify for the tax credit and up to a $625,000 low-rate loan. If
your credit score is fair ( 620 or higher) the fastest way to
qualify for the flexible credit guidelines, low fixed rates and
security of a government-insured loan is with
authorized lenders providing
FHA Express
Loans
Cash for Caulkers,
Home Improvement, Renovation &
Energy Assistance
$1500
Energy Assistance for high-efficiency Weatherization, Remodeling, Heating,
and Windows
The rebate program is
similar to the popular “cash for clunkers” program, but doesn’t require a
trade-in or exchange. The federal government is offering incentives to
home owners who want to update their homes with the latest retrofits. You
can get substantial tax rebates for installing more efficient
heating and cooling
systems, water-saving
bathroom remodels and energy-saving
kitchen upgrades
.The
short list of eligible home improvement incentives include stimulus
money for
major home repairs
like
replacing old windows
or money to install
new roofing,
new siding
and
insulating retrofits.
Individual states determine the type of
home improvement allowable and amount of rebate that is available. To take
advantage of this rebate you
should act quickly to
compare bids
from local
contractors
and get all your options.
Need money for
home improvements?
Your best source to fund your home improvement project may be the
contractor you hire. Top home improvement contractors may provide
financing or be able to assist you in finding the best rates and most
flexible terms. You may want to
get quotes from local contractors first and ask about financing
options.Home Energy Assistance Program (HEAP)
Home Energy Assistance Program (HEAP)
HEAP is a federally funded program that issues heating benefits to
supplement a household’s annual energy cost. HEAP may help you pay for
Electricity, Propane, Natural Gas, Wood, Oil, Kerosene, Coal, or any
other heating fuel. HEAP also offers an emergency benefit for households
in a heat or heat related energy emergency. Additionally, HEAP offers a
furnace repair and/or replacement benefit for households with inoperable
heating equipment.
Home Appliances
The
"Cash for Appliances" program provides incentives to anyone who wants to upgrade home
appliances to the latest energy-efficient environmentally-friendly models
or make energy efficient home improvements. You don't have to trade in
your old appliances. You will simply receive a rebate when you buy a
qualifying new appliance.
States are at liberty to craft unique program plans that must be approved
by the Department of Energy. States will indicate which Energy Star®
appliances qualify for their programs and the exact rebate amount for each
home appliance.
Eligible appliances qualify consumers
for $50, $200 or more towards the purchase of high-efficiency Energy Star®
rated appliances. The U.S. Department of Energy has set aside $300 million
to pay shoppers who qualify.
To get the most from
your remodeling and home appliance stimulus rebates (including funding from Federal,
State, and Local sources) you'll want to get quotes from
professional
kitchen and bath contractors in your area.
Money To Boost Your Career
Stimulus Money For
College and Career Training
The economic stimulus
package, which will double the Department of Education's budget over the
next two years, will "make a reported 4 million more students eligible
for expanded tax benefits and significantly increase federal grant and
scholarship funding for an estimated 7 million students.
If you are
serious about furthering your career with a good degree program or
accredited job training,
Financial Aid Programs
are expanded to those who qualify
with special emphasis
placed on people who
would like a career in Criminal Justice, Law, Education
and Teaching as well as Culinary Arts and Hospitality.
Eligible schools include
universities and colleges as well "distance learning" and accredited online programs
so it's perfect for single parents, displaced workers or anyone who is
serious about building a better future for yourself.
You can
get
matched with schools and financial aid programs that fit your
personality, goals, and aspirations.
The plan makes the
first $4,000 of higher
education free for most Americans.
Get Your Degree with Government Grants and Scholarships
Yellow Ribbon Program for Veterans and Their Families
Current and former military members and their families can earn a
college degree at little or no cost under the GI Education
Enhancement Program. Degree
granting institutions voluntarily enter into an agreement with the
Veterans Administration to fund tuition expenses for military veterans.
Participating institutions provide contributions to eligible
individuals who
apply on a first-come first-served basis, regardless of the rate at
which the individual is pursuing training in any given academic year.
The Veterans Administration matches the contribution of
participating institutions.
Money for a New Car
($9000 by combining gov credits & priv rebates)
The "CARS" stimulus program
or "Cash for Clunkers" plan officially ended August 24 at 8 pm. But if
you missed this deadline it's not too late to benefit from the initiative
and the special offers it spawned. Many auto makers are extending
and expanding the popular government offer beyond the deadline
with similar promotions funded from their own bailout money and reserves.
Even before the official government program ended, Chrysler announced July 23rd it would match the government rebate for some
models with money they received from their own bailout. Ford, Nissan, Toyota,
Chevrolet, Honda and Hyundai have also developed their own clunkers rebate
programs with more manufacturers and dealers coming on board every day. These offers are not available through
every dealer and may vary by
location, model and dealership. Some hybrid and high efficiency
vehicle purchases still qualify for a credit of up to $3,400.To learn more about how your local dealer
can save you thousands with non-government "Clunker" rebates
it's not too late to
find Participating Dealers.
Need an Auto Loan?
Even
if your credit is less than perfect, you may be able to
connect with a
lender who can help you take advantage of the deep discounts offered in
cash for clunkers programs. And don't forget, you can save even more
when you
compare
auto insurance quotes to save
40%
or more!
Settle
Your Tax Debt - Get on With Your Life
Owe $10,000 or more in tax
debt? You
may be eligible to settle your largest tax debt for pennies on the dollar.
Until you settle, you could be denied some of the benefits listed on
this page. But help is on the way.
When it comes to Federal and state tax
debt issues, most taxpayers are simply not prepared to take on the many
confusing issues and extremely complicated system of rules, codes, laws,
and regulations. But help is available. If you owe $10,000 or more in tax
debt It may be possible to
settle your tax debt for a fraction of what you owe. Many of the best
tax settlement experts in America now offer a
free consultation to help you decide what is best for your individual
situation. It's important to act quickly if you want to take advantage the
latest regulations and court decisions. The longer you ignore the problem‚
the bigger your tax nightmare will become. Now it's easy to
complete
one simple form to resolve your tax problem, get the IRS off your back
and get on with your life.
Start Now! Time is Running Out!
Get a
Free Personalized Debt Relief Plan to Legally Eliminate Credit Card Debt
Must Owe $10K or more in unsecured debt to
qualify
Owe Back Taxes? Settle
it Now - Get On With Your Life
If you owe $10,000 or more in back taxes - complete
one simple form that may resolve your tax problem.
Worried About Foreclosure?
Get a personalized plan that could save your home. (Must owe $100k and be behind on your
payments to qualify).
Home Value Down? Take 40% or More Off Your Home Insurance
It just makes sense. Why pay to insure your
home's old value?
See if You Qualify for Mortgage Restructuring 
No Credit Check and no Obligation. Must owe $100K and be current.
Find Participating Dealers for the $4500 "CARS" Rebate
Some dealers are extending the government
deadline with special rebates of their own. Hurry!
Get
Stimulus Funds For Building Your Own Online Business
Dislocated workers may collect funds while starting a business from home.
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