Your Questions About How Long Do I Keep Bank Statements

Linda asks…
How do I make sure to deal with my son’s father the best way possible?
We split up a while ago. He took up ufc fighting and then got really resentful of me. He wanted things he couldn’t have being a young parent and felt I had forced it on him. Which I truly didn’t because when I got pregnant and decided to keep the baby I gave him the option of walking away. Our son it 19 months old. It’s a little late to change his mind. Well he blamed me for him not being able to save enough money to buy a new fast car. I brought up bank statements that proved he had spent over $900 in one month on himself. He told me I was disrespectful and then told me that me and our son should move out (we rented a place together). The next day he begged me to stay with him but he couldn’t promise anything would change and I knew I had to let him go, I couldn’t carry all the guilt anymore. I had to fight to stay in our house because it would be better for our son and I didn’t have anywhere else to go. So he moved back into his parents.
He was alright at first. He would come by during the week to see our son and he would take him every saturday night. It was very hard, but I sucked up my feelings because I knew it was good for my son. Then the weekly visits started to drop off. And almost immediately after that so did the one night a week. Now he’ll maybe spend some time every second sunday with him. He lied about money. He keeps (still) telling me he is poor even though he makes over $40,000 a year and lives at home paying no bills. So I filed for child support (I told him I was going to and I told him I had to because they won’t give me income support or student loans if I don’t). He got the letter early last week and according to his brother (whom I‘m still friends with) he was very angry about it. And he has decided that he is going to try and get revenge on me. His plan of revenge is to bring a girl with him to pick up our son. He’s going to pretend he’s in a relationship with this girl (it’s a friend of a friend), and then he’s going to come and try to pick up our son with her.
I spent 4 years with this person. I have no idea honestly how it came to this point. He will not be taking our son with a girl present. Playing games like this and using our son like this is very childish. Basically I plan to just tell him when he gets more mature he can come back. Our son doesn’t even go near him when he comes over anymore. He gets upset if he tries to pick him up. He’s got all the money in the world for piercings, tattoos, clothes, clubbing, and whatever else and loves to be off at the bar and apparently even having one night stands too. He hardly ever sees his son, is trying to use him to play a sick game with me (which I will not allow), he doesn’t pay for his son. I‘m the one who is left alone, tossed aside like nothing, and yet I just have to pick up the pieces and move forward because I love my son and he needs someone to be there for him. I do plan on going to court for custody because he is in no state to be able to make any good decisions for our son. I have everything written down in a journal among other evidence. Yet I‘m still so very nervous that somehow the judge will be lenient on him and I‘m very scared.
Please help me, some advice, encouragement…anything really. I will be starting school in January, but for now I can’t even work (because of daycare) and so I have a lot of time to think about this. Thanks. (Sorry it’s so long…)

Simon Smith answers:
You are to be congratulated for being mature enough to put your son first! WOW! That is outstanding…… You are right that it won’t be easy but rest assured, down the road it will pay off in spades…. (Imagine how you’re going to feel at his wedding when he asks you to dance with him to a special song he picked out just for you!!)
It is hard to keep your head above water with a little one and unpredictable income. Is there a Church nearby where you could inquire about helping out in their daycare? You and your son could attend. By offering to volunteer now, when you go to school you may find them willing to take care of your son at a discount or by committing to spend time there when you are able.. Never discount the power of giving of your heart!! The returns can be surprising. Sometimes coming from the most unsuspecting path….. Also check at your intended school to see if they offer daycare. You may be able to pay for it out of your student loan. This might mean that you have to take one or two less classes each semester but you can make it work.
I hope you get custody and that your ex pays his share. He sure isn’t acting like he wants to be a mature part of his son’s life. Sounds more like he wants to hurt you and is jealous that you haven’t fallen to pieces and begged him to come home because it’s tough. I think he is seeing exactly what he gave up by going AWOL and his life is not stacking up to be what he envisioned. He may grow up someday. In the meantime don’t hold your breath, you have a lot of plans, a bright future for you and your son. Now go and get it!!!

Maria asks…
Do I really need a letter from my boss to visit England?
I‘m an American and I am dying to visit London. I‘ve been wanting to go there since I was a little boy. I have a cousin around my age who lives there that I‘d probably stay and party with.
Now please forgive me in advance and have some patience. I actually don’t travel much and if I decide to go to England, this would be my first time not only traveling oversea’s, but completely on my own. So please, please forgive my ignorance. I promise not to make a habit of coming on here and asking a billion questions. I‘m only trying to figure this all out so I don’t end up in some Turkish prison somewhere. I also don’t want to have to ask my cousin all this stuff. She’s nice enough just letting me stay there with her and her husband and actually letting me party with her group of mates.
I also figure it’s better to get yelled at by the locals now over the Internet for being stupid then later while I am actually there. Having typed that…..
I am checking out the UK Border Agency website and it says….well, I‘ll just copy and paste:
“This page explains what documents you should have when coming to the United Kingdom as a general visitor.
They are:
if you are employed, a letter from your employer granting leave of absence from your job for a specified period – the letter should also say how long you have been employed by that employer, in what job(s), and when you are expected back at work;
if you are self-employed, evidence of your business activities and financial standing;
evidence of any property you own in your home country;
if you are a student, a letter from your school or college stating the course you are on, its start and finish dates, and the dates of the holiday period when you intend to visit the United Kingdom;
evidence of any family or social ties and responsibilities to return to;
evidence of any firm travel plans you have made;
bank statements going back over a period of several months; and
evidence of savings available to you.”
……That’s a lot of stuff! Do I really need to bring all that? I‘m only going on holiday. I‘m actually not in college so I know I can skip that one, rule but I‘m hoping all this other stuff is one of those minor rules everyone ignores and only a passport is needed. I have one of those. As far as evidence of any property goes…um…I have some blu-rays or DVD’s! We could put one in one of the DVD or blu-ray players in London and I know it won’t work since the region code is different. Would that count as proof?
NOTE: I am not that stupid. I‘m only joking. But all this other stuff….yes, I am that stupid.
Also, if anyone knows of a website that explains all that I need to travel there, that would be great. I‘m still going to keep reading the UK Border Agency site, but if there is a travel site or travel book for dummies, please share it on here.

Simon Smith answers:
The UK trusts some countries more than others… American visitors are usually OK and that’s why the UK lets US citizens in for a short visit with just a passport and no visa. That page you refer to is designed to cover all eventualities, but in practice you will be OK just being able to show that you have a paid-for return ticket. A letter from your cousin inviting you over and giving dates will help just in case the immigration officer at the airport asks to see it, but they probably won’t ask.
When I visit the USA (I’m British), I’ve never been asked to show anything at all. The immigration officer will ask me why I’m visiting, who I’m staying with, how long for and other such things, and so far they’ve always just accepted the answers. UK immigration staff are equally reasonable. The whole point is that they need to be convinced that you can support yourself during the visit or that somebody else will, and that you are definitely going to go back home. You’ll need to have a note of your cousin’s address with you, by the way – you will have to fill in a “landing card” which will be given to you on the flight and you can see from this picture of one http://en.wikipedia.org/wiki/File:Landing_Card_f.png that you need to know your address while in the UK in order to complete it. You hand it in with your passport when you get to the passport control desk on arrival in the UK. (At least it’s not as bad as the ESTA and I-94W questions I need to fill in when I visit the US – some of those are unbelievable!)
http://www.lonelyplanet.com/england is a good online travel guide.
I’ll add what I always do for Americans – almost all flights going from the US to the UK go overnight, so the chances are that you will arrive in London about breakfast time with your body thinking it’s still the middle of the night and fatigued from lack of sleep because you just can’t sleep properly in an economy class seat. Doing this always makes me feel kind of zonked and disembodied and THEN having to deal with immigration, baggage reclaim and customs! And standing in line for immigration/passport control at Heathrow always takes ages as you’ll have to join the Non-EU Citizens queue and it’ll be full of Americans who have all arrived about the same time, all itching to sleep. My point is, when you get to your cousin’s house, you’ll be totally useless until you’ve collapsed into bed and slept off the jetlag. I usually find myself waking up again in the early afternoon, but never feel totally right again until the next morning. So I hope they aren’t planning anything ambitious for that first day. The good news is it’s much better going the other way as the human body copes much better with having the day made longer rather than shorter.
Have a good time!

George asks…
If I have earnt $1400 through paypal,How long befor they lift limits after I have sent my ID for verification?
If I have earnt $1400 through paypal,How long befor they lift limits after I have sent my ID for verification? They are with-holding my account, I already have had to wait for a E-cheque to clear. As soon as it cleared (6days later) I have this message->
Dear Daniel,
Your PayPal account balance is now over $1000 AUD so we’ve had to limit
your account until we receive proof of identity documents from you to
confirm your identity.
Until we can confirm your identity, we need to limit most functionality on
your account. For now, you can continue to receive payments, but you won’t
be able to withdraw funds or make payments.
———————————————————————-
Why do I need to give PayPal more information?
We value your business and want to help you continue to use your account
with minimal disruption. But, just like a bank, we need to confirm your
identity to comply with Australian Anti-Money Laundering and
Counter-Terrorism Financing laws as outlined in our User Agreement and
Product Disclosure Statement. By confirming your identity you’ll help keep
PayPal a safe place to send and receive payments online.
———————————————————————-
What should I do?
Please log in to your PayPal account and go to the Resolution Centre under
“My Account” to find out what documents you need to submit.
After you complete the steps set out in the Resolution Centre and we verify
your information, we may lift the limitation on your account within 2-3
business days.
How quickly do I need to respond?
Please respond within 45 days. If we don’t hear from you within that time,
we’ll have to completely limit your account. That means that, as well as
the current limitations on your account, you also won’t be able to receive
funds.—————————————————————
I think this is just ridiculous, And as a musician feel I am being taken for a ride.
Basically, I sell music.
Now if my provider were to pay me monthly, I wouldn’t have this issue.
But, Thats just the way it goes when payed quarterly, I cant help it if sales increase.
Has anyone with ‘experience’ (or whom works for paypal)
have a good answer or can help me? I don’t see any real reason for them to withhold my earnings for more than 1 day really, I also support their need for security measures with all the people out there whom ruin things for honest people who use their service like myself, In the time they have already had amount in transit it should have already passed the correct checks no? And what happens when all those people who do scam, Just put $999 every time, this is not right..
So in my view, This is kinda harming their users, & really it makes me almost want to just give up all together using their service, I say this because I suffer major depression and have a panic disorder, This is why I actually make music, It helps me cope.
So It may sound like Im extremely upset, Because I am taking this very personally I guess…
Thanks in advance for any help some of you u may have.
Regards, Daniel

Simon Smith answers:
I heard it could be 90 to 180 days. You should call paypal. I also wouldn’t keep a high balance in my paypal account. I try not to keep even $50 in my paypal account. Call paypal and talk to them. Don’t email them! You could do both though.

Ken asks…
can the bank claw back bank changes after nearly 4yrs?
i was recently contacted by a debt collection agency who said they were collecting a debt on behalf of nationwide building society,,i opened an account with them in 07 i only used it briefly,,i then changed employer ,,changed banks and moved house,,have contacted the nationwide they have said that the money owed is accumulating bank charges,,although the bank account has been inactive ( not closed down ) a direct debit who i had apparently not cancelled had kept trying every month to debit and as there was no money in there it was refused and i was charged,,i have no idea what the direct debit is for,,,bearing in mind this was nearly 4 yrs ago,,,,have asked nationwide to provide me wth statements showing how this money has accumulated,,they have arrived today however dont clearly state where the who the direct debit was set up with,,my husband has aspergers syndrome and i am classed as his carer ,,although he is only claiming low rate disability so im not paid a wage,,things are very tight for us anyway,,what can i do ,,does nationwide have a right to claim this back from me after so long,,,clearly the account wasnt in use and i just feel they have continued to put the charges on each month regardless ,,stating they didnt know where we lived it took them 4yrs to find us,,when clearly we are on the electrol roll and it would have in reality taken a day perhaps,and advise would be great,,thanks

Simon Smith answers:
If the account hasn’t been closed, and as they say someone has been applying for a direct debit every month, then they are perfectly entitled to charge you for their admin time in dealing with it.
But from a common sense point of view, they should use their brains and realise that the account isn’t being used.
Four years of returning the same direct debit every month would surely ring bells?
I think if you talk to them and explain the situation, they will write the balance off and close the account.
Don’t ignore them. Write back to them and ask for a clear breakdown of how the debt has accumulated.
Ask for the full name and address of the company who are trying to take the direct debit. Ask for full details of when the direct debit was set up.
Ask for a copy of the direct debit instruction that you signed.
Ask for the dates of every direct debit transaction that they have had to refuse.
Ask for a complete and detailed breakdown of every bank charge on the account in the past 4 years.
Ask for full details of every letter they have sent trying to contact you about the account. Did they send a letter each month to advise that the DD had been returned unpaid again?
Basically ask for every item of proof you can think of which will cause them considerable time and inconvenience in retrieving from their archives.
I’m sure they’ll get fed up and decide to write it off.
If you’re still struggling ask for the contact details of their head office complaints department, and tell them you’ll write to them and also the Banking Ombudsman, and the local papers.

Susan asks…
Is there any way to get money out of a Health Savings Account?
Without using it on “health services”?
I had heard that you can only use the HSA to pay for medical bills and what not, and I thought money in an HSA disappeared after a certain amount of time, but I keep getting balance statements from a bank where I had (have) a HSA from a previous employer.
It says I have almost $2,700 in this HSA.
If I can only get it out for medical purposes, does anyone have any idea how long a HSA would be available, or does it vary?
.

Simon Smith answers:
You can only spend the money on health services. However, you do not Use it or Lose it.
From the United States Treasury web site:
HSA Frequently Asked Questions
Do unused funds in a Health Savings Account roll over year after year?
Yes, the unused balance in a Health Savings Account automatically rolls over year after year. You won’t lose your money if you don’t spend it within the year.
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