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Money Talk with Liz Weston

  • How to rehabilitate your credit scores after failing to pay a bill
    How to rehabilitate your credit scores after failing to pay a bill

    Dear Liz: After a divorce, I had to start my life over at 62. I got three credit cards. Somehow, I failed to see the online bills for one of them and neglected to pay it. The company didn't contact me until three months had passed. I got a letter saying the small balance ($130) was...

  • Calculating your estimated quarterly taxes
    Calculating your estimated quarterly taxes

    Dear Liz: I recently retired and started my own consulting business, which is doing very well. My question is on taxes. I have been told that I must pay quarterly taxes, but I have no idea if I will make $10 this month or $10,000. How do I estimate my income if I have no idea? Can I just...

  • Heirs fail to inform lender of mother's death
    Heirs fail to inform lender of mother's death

    Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lot of money and we need advice on...

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