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Profit Sharing

March 7th, 2007 at 03:17 am

DH came home last night with his profit sharing check for $1124.42. Of course, $337 came right off the top to pay for those taxes that our escrow didn't pay. The rest went right into savings for house repairs.

I contacted the collection agency and they assured me that this will not show up on our credit. Anyone know if that is true??? I find it hard to believe. I paid the bill so it's taken care of and now I need to contact the escrow department at the main bank to find out why, if they weren't going to pay the bill, they didn't send it to us so that we knew it was due. I just don't understand that. How can we pay it if we don't know:

#1 how much it is
#2 when it is due
#3 that they didn't pay it
and #4 that the obligation even exists???


For 2 cents I would take the profit sharing check and our tax returns and pay off this little mortgage just to be done with them. Then I would receive my own tax bills and know that they are paid. Too bad we actually need to have heat though and the money has to go for that!

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