Recent questions tagged debt

Description : Should prisoners get a bill at the end of a stay in jail?

Last Answer : Funny.. My mom did ten years. She got out and was straddled with a 2.5K bill for parole fees.. If she didn't pay the bill she would violate the parole and go back in for another ten ... think this is a serious proposal. You get disability. Maybe you should be making doilies to payback what you get.

Description : What happens to ones debt when someone because deceased?

Last Answer : I think it gets passed on the living relatives or children.

Description : Which debt payment plan would you choose/suggest?

Last Answer : I think you can figure it out. After raising my family I was in a good bit of debt and I consolidated it with a credit line then moved it to a zero interest credit card for 12 months ... got out of debt. Just be careful about opening and closing credit card accounts-it affects your credit score.

Description : 10 US industries that may never recover. What would you do to rebuild the economy?

Last Answer : answer:So if we can just stop all Government spending too, everything will balance. We can become like the libertarian paradise of Somalia. Woo hoo! No government! Freedom! But seriously, we ... projects are using Chines hardware. We are losing the first big economic contest of the 21st century.

Description : Have you used any debt relief programs, or do you have anyone you would recommend for taking over my Sallie Mae Loans?

Last Answer : answer:I'm in the same boat as you, and unfortunately right now with the economy being what it is you're going to be hard pressed to find anyone. Wells Fargo has a program, but with them as ... your income increases . added side bonus they tend to pay the loan off faster in the long run).

Description : Can a payday loan company garnish my wages? Also are they allowed to call my work and speak to other employees and tell them that I commited Fraud?

Last Answer : answer:When you took the loan, I'm sure you put your name on a contract. If you didn't meet the terms of that contract, they are allowed to try to claim their money. My rule of thumb ... a harassment claim, but that would likely cost you money to pursue. Still, most lawyers give free consultations.

Description : I'm not far enough in debt to get debt relief, but im just far enough behind where I can't get ahead. How can I become debt free when I seem to be stuck?

Last Answer : Welcome to life. Sometimes you just have to deal with bad credit until you have the means to take care of it. Survival is your first priority, this means shelter, food, and environmental control (electric). Any ... nothing to scoff at, but in the big scheme of things it is not the end of the world.

Description : I got sick and now I am in financial trouble?

Last Answer : I can’t think of what to say except {{{hugs}}} @Just_Justine.

Description : What's a good way to get student loans organized?

Last Answer : See if you can get the Federal Student Loan Program to take over your debt.

Description : Does anyone know how I can help my friend consolidate his debt?

Last Answer : I reccommend Dave Ramsey’s book “Financial Makeover” not only will it help him get out of debt but it will keep him from going back into debt. There is a chapter where debt consolidation is discussed.

Description : how to get out of debt

Last Answer : Stop borrowing, reduce spending and cut costs. Make higher payments. Pay extra on high interest loans first. Find something to do on the side that adds to your income.

Description : I have credit card debt, and a 401k account from my last job that equals that debt, what are my options here?

Last Answer : Are you sure about the $2k? I believe you lose more than that because you are looking at taxes + penalties for early withdrawal. I would try to negotiate with the credit cards to get a lower interest rate. Also, if you have any room, try to do a balance transfer (watch out for the transfer fee).

Description : What's the easiest way to get out of debt?

Last Answer : money.

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