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Taxes and Lawyers fees will these be taken off the sub total or after all interest are added

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Taxes and Lawyers fees will these be taken off the sub total or after all interest are added Empty Re: Taxes and Lawyers fees will these be taken off the sub total or after all interest are added

Post by Sapper Zodiak Fri 11 Jan 2013, 12:42

Oh sorry. My bad. It seems I've been into the fermented corn again...
Chimo-a doodle doo

Sapper Zodiak
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Age : 56
Location : warm side of the rockies...
Registration date : 2012-11-12

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Taxes and Lawyers fees will these be taken off the sub total or after all interest are added Empty Re: Taxes and Lawyers fees will these be taken off the sub total or after all interest are added

Post by Guest Fri 11 Jan 2013, 12:36

Well no Sapper! Can't you see? It is all of us and Nav is taking up the lead!
Sparrow

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Post by Guest Fri 11 Jan 2013, 12:34

SO lawyers fees 7.5 ok not on retro ok

So lawyers fees 15% no

17% no

17.5% no

NOW its 17.83 WHAT WILL THEY BE TOMORROW ????

Chimo

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Post by Sapper Zodiak Fri 11 Jan 2013, 12:31

Are these your cousins, my little chickadee?
Chimo

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Post by puddleduk2 Fri 11 Jan 2013, 12:14

"room!" correction "area!"
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Post by Guest Fri 11 Jan 2013, 11:30

looks like 2rcr lol.

propat

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Post by Guest Fri 11 Jan 2013, 11:28

isn't that a cock?

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Post by puddleduk2 Fri 11 Jan 2013, 11:14

if a farmer had a chicken values at $1 (for comparison only, not calling us chickens, or eggs though many of us including me are cracked and damaged)

and the chicken was ran over by the neighbour, the farmer takes the neighbour to court and asks for the replacement of the $1 chicken in the amount of $2000 for its potential five year life span.

in the farmers explanation in court it is suggested that the chicken would lay an bred egg once every 24hrs, resulting in multiple chicks over the egg laying span of the chicken, and those chicks would have chicks and so on for a total potential value of $2000.oo....

the judge in turn replied "don't count your chickens before they are hatched"
puddleduk2
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Post by puddleduk2 Fri 11 Jan 2013, 10:53

legal fee's are 17.83% (taken from LNVB website) of the lump sum amount payable to each member involved including the scholarship fund, without taking anything more from potential future LTD payments.

the fee amount that is being asked for is based on what you are owed past and the potential you might be owed in the future to age 65.

I am okay with the fee itself, not with the explanation given to support it as there is no guarantee I will make it to age 65.
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Post by bigrex Fri 11 Jan 2013, 09:48

The legal fees will be calculated based on the claw back amount plus interest. I believe the taxes will be calculated, so that 20% of the total after l;egal fees are paid, or at least I hope they are.
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Post by Guest Fri 11 Jan 2013, 09:40

Because if you add all the interest to all your yearly claw back totals and then you come with a grand total. And then the lawyers take their 17% you will lose 17% of you 43% for example. So the lawyers take away 17% of your interest too.

Does this make sense or am i out to lunch??


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