Posts Tagged ‘credit card debt’
in new york state if I was to die and carried unsecured credit card debt would my wife be responsible to pay?
my father has about 40,000 in unsecured credit card debt, the cards are in his name only with no co-signer. he has terminal stomach cancer and is now going to hospice care, he is very worried about this debt. in new york state when he passes away is my mother going to be responsible to pay these cards off? she is on a fixed income with not much [...]
If the Government gave each individual a check for $2200.00, what would you do with the money?
All these bailouts - we all know they will be never-ending. Now we see Cities in line asking for money; Real Estate companies want money; everyone who is doing poorly wants the Government to "bail them out". I HAVE A BETTER IDEA. Interference in the Free Market is never a good idea; the reason the housing market got into trouble [...]
30-somethings, My bf…need perspective…both have kids?
I need some other points of view here. My boyfriend and I are finally starting to have some issues. He has a good job, is very involved with his kids and treats me well. Recently some issues have come up and I'm trying to determine if this is worth it. I found out last week that he has HUGE credit card debt (like A LOT, I now know I should [...]
What are our options for my wife to stay in the US for longer than her I-94 states?
It seems I have a bit of a problem. I’m an American citizen and my wife is a Canadian citizen and we’ve been married for over three years. Our ultimate goal is to file for permanent residence for myself in Canada while staying temporarily in the US while my application is being processed. During that time, I would be working and supporting my [...]
Where do I start for bankruptcy?
I've been considering bankruptcy for a couple years now, but I was nervous about it. I had a car repossessed in May 2009, and have a lot of school loan debt. I know I can't claim bankruptcy on school loan debt, and I'm in the process of consolidating all of that so I can get back to school soon. I have some credit card debt, but not enough to go [...]
How can I get out of debt quick?
Ok, I am about 4,000 dollars in debt right now and I need help getting out of it immediately. It's not all credit card debt, one debt is a overdraft reserve line (,800) one is a missed payment that lead to cancellation of AT&T phone lines with multiple lines (0) by USBANK checking account, an unauthorized transaction went through, then when i [...]
I'm considering filing bankruptcy, have a few questions…?
I'm considering filing ch. 7 bankruptcy. I have about 15-20k in credit card debt, all of which has been charged off some time ago. A couple of them are in the process of getting judgments on me. I also have some random collections for random bills. I have not filed taxes in a few years and just got a letter from the IRS saying that I owe them 15k [...]
Army/Active-Bankruptcy Issue–Help!?
I am married and enlisting in the Army. I lost my job and had a surgery in Jan. of this year, my husband also has debt and pays child-support which is current, but we have had a car repo and I, have medical bills, no credit card debt, but have misc. bills and NEED relief--is it in my best interest to try and file bankruptcy before I go [...]
Should I consolidate my debt?
I'm in the process of trying to get approved for a mortgage. I don't have alot of debt. I have 8,000 on my car left. And 1,500 in credit cards. My husband has 4,000 in credit card debt. We were thinking about doing a debt consolidation and emptying the credit cards and having the one large monthly payment. Will this hurt, or improve our chances [...]
Help On buying a home that we are so close, but yet so far from getting. Below (Requires Patience, & Time.)?
Ok. This is a very long Question, so anybody that takes time to read it, and answer it to the best of their knowledge, i just want to show my gratitude up front. I greatly appreciated it. & I want to also ask that i keep this question intended for the more experienced, Best answer people, Bankers, Realtors, Loan People, Finance Advisers, & [...]
Considering Filing for Bankruptcy in Virginia?
I have recently lost my job after being in the telecommunications industry for ten years. I have had no luck finding a new 9-5 job with a regular salary. I have been forced to take a job full time at a restaurant. I have over ,000 in credit card debt most with APR's in the high 20's. I have done my best over the last 6 months to keep up with my [...]
How to get over past abuse by parents?
I'm 30 years old and I'm still living with the parents that are emotional, veribally and mentally abusive. I have a college degree and I only make 21000 a year but no self esteem and no believe in myself. And I'm in the process of saving money and paying out credit card debt so that by Feb 2008 I can be in my own place. My mother doesn't have [...]
own house free clear, own car free clear…bankruptcy for old charged off debt?
We own our house and a car but debt collectors ar starting the sueing process for old bills. we want to file bankruptcy but we dont want that to put our house or car in danger of being taken away. If anyone knows the best option please help. we are leaning toward bankrupcy because it is so much credit card debt and most of it is late fees or [...]
Isn't filing bankruptcy the worst thing you can do, financially? Don't you still have to re-pay some things?
Where I live, it's so expensive that many people work two jobs. Myself included. My co-worker is seriously considering filing bankruptcy due to serious credit card debt, school loans and other difficulties. But isn't it worse to have bankruptcy on your record for 7 yrs? Especially if you still have to pay off some items? Also, isn't it [...]
first time home buyer..what questions should I ask?
HI first time home buyer...make 32 g a year..looking for a house about 100-150 g..excellent credit..no credit card debt/have credit cards/payed rent for over 4 years/no bankruptacies/payed off student loan/own car..no debts Extremely new to the house buying process..where is the best place to get a loan..bank or mortage company?..I know enough [...]
what happens if you fail to pay a bankrubtcy 13, on unsecured credit cards?
I am finding it impossible to pay the 8.00 amount due each month on my bankruptcy- chapter 13. The debt is credit card debt. can they put a lien on my house.
I own a small business & worke for someone else now. What kind of tax return will I need to file for 2009?
So the details are I own a small business(ecommerce) which hasn't made me any profits yet. I am still paying hosting fees for my site, internet & a land line all are in the business name. I am the sole proprietor, now I had to go back to work to make ends meet. What kind of taxes will I need to file for 2009? Are there any specific ways to get [...]
can creditors collect on unsecured credit cards in south carolina?
If I can't afford to pay my credit card debt and they will not work with me payment wise what can they do?
Is an Auto Loan the best option?
I'm in the process of recovering from declaring bankruptcy. I was discharged earlier (non-asset forfeiture) this year. My credit card debt was the only debt discharged. My lawyer and just about everyone I've talked to have advised me to get an auto loan. I've pulled my credit score and although not an impressive number but still within the [...]
Questions about filing for bankruptcy in Wisconsin?
I do not know much about bankruptcy laws & was hoping someone could answer a few questions. There are a few bills/debts that I really don't want to include in the filing cause I don't want to lose the properties - House & car - is that possible to exclude or not lose things in the process? What are the qualifications for being able to [...]
Can I trade in my truck even though it is cross collateralized with an unsecured credit card?
My wife's ex husband left her in horrible shape with around 42,000 in credit card debt. The Courts split everything up and we have paid her part but one credit union will not give us the title to the pickup until a 4523.00 debt is paid off.
What are the legal ramifications of being unable to pay unsecured Credit Card debt?
Medical bills and disabilty have made it impossible for me to pay off about 40,000 in credit card debt. What can they do to me legally?
What are the collection procedures for unsecured credit card debt?
What steps are taken by creditors and collection agencies, to collect on a bad ,000 credit card account? Debtor is unemployed and has a total of ,000 in credit card debt. Debtor has no real estate and only ,000 in bank account?
I'm being sued by a credit card company…?
I had a credit card open from Orchard Bank back in 2006..that I couldn't afford to pay on and it just charged off completely...It was a 300 dollar limit that went up to 1800 with the fees that I really want to try and get them to knock it off for a numerous amount of reasons...They never ever contacted me for a few years, even though they said [...]
Help with Credit Card Debt?
I am a 21 year old College Student with about ,000.00 worth of Credit Card Debt. I have 7 credit cards with an average APR of 19.6%. I don't have a job right now, but I am in the process of getting one...that being said at best I am going to be making between -. I have no collateral so taking out a loan is basically out of the question. My [...]
How does the concept of debt consolidation work? Especially as it applies to credit cards.?
I am trying to help someone who has aboout ,000 in credit card debt, spread over 6 cards, get things turned around. Is there anyone who knows the options they have and which processes are the best. Any help is greatly appreciated.
In Oklahoma if you file Chapter 7 bancruptcy do you get to write off all of your unsecured & credit card debt?
In Oklahoma if you file Chapter 7 bancruptcy do you get to write off all of your unsecured & credit card debt? How does it work; I lost my job and cannot make those payments the only thing i can pay is my house payment; any help would be appreciated i know every state is different; thanks Lets say I have 15k in equity in my house what does the [...]
What is the best and fastest way for my husband to raise his credit score by 40 points?
We want to refinance to lock in a fixed rate. (and possibly pay off around ,000 in credit card debt- but that is not necessary) He has a few late payments on a couple smaller balance accounts that are screwing up his credit score. My credit isn't that great either, plus I don't work (Stay at home mom) We owe 0,000 on our house and it's been [...]
Do you think unsecured credit card debt is bad for the economy?
I know a lot of people are filing bankruptcy on credit card debt. I did this myself and got 35,000 dollars worth of credit card debt discharged. That means my credit card companies lost a lot of money on me. I know my credit is ruined but oh well. Unsecured debt should be more difficult to get. It is still easy to file bankruptcy if one meets the [...]
real estate developers share of the bailout money?
Here's a clip from the AP story:Commercial real estate developers said Monday they also are petitioning the government for support from the 0 billion rescue fund. The Real Estate Roundtable said an estimated 0 billion of commercial real estate mortgages will come due by the end of 2009 without adequate refinancing options. Industry officials [...]
