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Old 01-28-2014, 08:34 AM   #21
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What was the interest rate Where are the loan docs Could she 'call' her loan for any reason

Just as an FYI, a bond is a loan... you buy a bond from a company and they receive the proceeds... they pay you interest on some stated basis... the big difference is that bonds are designed to be sold easier.... but, you can sell your part of a loan if you can find someone willing to buy it...

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Old 01-28-2014, 10:51 AM   #22
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We haven't seen the accounting yet, but she says the numbers are there and seem correct.

More importantly, she has just remembered several other CDs and other accounts that make her financial picture much better than she had previously told us. Yesterday, she was saying that this LCS money was everything she had. Now, it turns out to be a significant chunk but well under half. I'm still frustrated, but the picture has brightened considerably.

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