Q:Can the bank go after a borrowers personal assets if the loan is greater than the home value?

California has 2 types of foreclosure so it depends on what is spelled out in your mortgage. If you mortgage allows for Judicial foreclosure, when the bank has to actually go to court and get an order from the judge to sell your property, then yes the bank is allowed to get an additional judgement to attach a lein to your personal assets. If your mortgage has a Power of Sale clause, then the bank was allowed as a condition of your mortgage to sell the property by following a few simple steps and doesn't need to go before a judge. In this case they forfit the right to then get any additional money owed to them if the sale of the property comes up short. This is called a non-judical foreclosure.

Q:His illness came on suddenly and he's been a vegetable for over 3 weeks, his family and I are all in agreement that his sister should be the decision maker as to his treatment, etc,and the hospital recognizes her as the decision maker, however, there is no power of attorney documents. I know she can go to court for guardianship but that is costly. I think she should have access to his bank accounts, etc and without a legal document, the bank won't work with her.( he doesn't have a lot in the bank to begin wtih but the bank won't budge) His family thinks she should just wait til he passes, then figure out finances. The doctors are not hopeful that his condition will improve.He can live like this for years. Is ther anything she can do to close his bank accounts, or at least have more rights?

You need to consult with an attorney in your area familiar with end of life issues, laws vary from state to state so your situation is far too complex for any answers in this forum.

Q:A. he believed the Bank had no control over the country's money B. he distrusted the bank becuase he lost money in an investmentC. he believed the Bank was controlled by incompetent people D. he believed the back was unconstitutional

D. He believed a national bank controlling the country's money supply to be unconstitutional, which it is. And yet, we still ended up with a national bank in 1913 when Woodrow Wilson signed the Federal Reserve Act.

Q:if the transformer bank(wye delta) has a connected loads of (1 phase and 3 phase buildings ) how i can get the reserve capacity of transformer bank??the method i made is ,i get the KW rating of all electrical facilities(lights, acu, etc) and i assume a unity power factor,(kwKVA),,,and add all the KVA loads that connected to the transformer banks.formula: Reserve Capacity Transformer bank KVA rating – (apparent power of load) is this possible even the building has a 1phase and 3phase loads????

1. kva is NOT equal to kw. 2. transformers are rated in amps, per phase 3. If it is an existing building use a clamp ammeter to measure the load. Repeat this during the day. The highest load is usually around 11am in summer hot days. 4. if it is not an existing building, check the CURRENT draw of all appliances, fluorescent lights and so, and add up. Buildings have lousy power factors from fluorescent lighting and electronic equipment (computers and such) which would make kva twice as high as kw. . .

Q:Bank of America Online Investing Powered by Merril Lynch

Bank of America? Didn't the government bail them out? Read the fine print carefully, the Feds are running that bank. Grandpa

Q:Cite a specific example of an implied power and describe how it was derived from a specific expressed power found in article 1 section 8.

National Bank. McCulloch v. Maryland (1819). The express requirement/power/responsibility of the federal government to print currency, tax, and spend, necessarily implies a power to charter and establish a national bank as a place to store that money, to operate a bank with deposits and to issue promissory notes, and to pay the debts of the U.S. An express provision regarding taxing and spending necessarily implies any and all unenumerated powers deemed necessary by Congress to perform that function.

Q:I see many computer UPS out in the market, but do UPS meant for whole houses exist? I live in a small town, and we have brownouts often, lasting for a split second up to 20 seconds at a time. A lot of our electronics get messed up 'coz of this. We also have a back-up generator. Is there a way to connect the generator to the UPS so that if we get a blackout lasting for hours at a time, we have time to turn on the generator without power dying.

Sort of. Hospitals have combined battery and diesel generators that ensure there is no interruption in supply. Very expensive option though.

Q:how is political power distributed in america.

Have you watched as Obama has protected the global banking interests and the multinational auto manufacturers and is now trying to wrestle the medical insurance from local hands to pass it off to international insurance companies. Political power in America is distributed to the global, no borders business interests that have no allegiance to the United States or it's Declaration of Independence or Constitution that supported Obama's run to the White House. Global governance and economic interests have been pulling the political strings in the United States for four decades or longer. President Eisenhower warned of this and other potential challenges to The Constitution and fate of the US in his farewell speech.

Q:how do you get power of atorney when the person who you need it for is in a vegetative state and cant sign anything? its for LNI check, he was hurt on the job, but his check has his name on it im his wife. what kind of poa would i have to look up im so confused

you don't need power of attorney. you're his wife, its given naturally. for the check, do you have a joint account? if you do just sign his name (even if he's dead) and sign yours under it - it's legal. if you don't have a joint account, go to the bank of the check (or a bank with your husbands account, along with his debit card/account info) and your marriage certificate and tell them he's in a vegitative state and you need to deposit the check/sign it. they'll let you (if they don't, talk to the manager. they have no reason to not allow you another thing, you can go directly to the person/company writing the checks and tell them to add your name on the checks. you're his wife, it should be no issue. my mom didn't have issues when my dad was in a coma. they had joint accounts though so that's probably why. but any check he got, she would just sign and deposit. no prob. bank was aware he was in a coma.

Q:I am researching how banking was performed in the 1860s in the Territory of Colorado. I know its a bit unsual, but my son asked me some questions that I could not find answers too about the banking practices. Thank you.

Back then, most people used Masons Bank. That is a jar with a snap on lid, and then buried out back where no one could find it. There wasn't any Federal Depositors Insurance Corporation to protect peoples savings back then. If the bank got robbed or made bad loans, the depositors lost their savings. Based on that, most people did not trust banks. For the people who did deposit money in the banks, the process was much like it is today, except there wasn't any checks or credit cards. You had to come in an sign paper to get a loan to buy something. If the loan was approved, the borrower got cash to go make the purchase.