Archive for March, 2007
Brian B asked:
People who can’t pay a debt are sent a supoena to appear in court for what is called an aid and execution hearing. If they fail to appear, they are sent another supoena for contempt of court. If they fail to appear a warrant for there arrest is issued. I would like to find out how many people are arrested for this, and I would also like to know how many of those are on disability or welfare.
Leah
People who can’t pay a debt are sent a supoena to appear in court for what is called an aid and execution hearing. If they fail to appear, they are sent another supoena for contempt of court. If they fail to appear a warrant for there arrest is issued. I would like to find out how many people are arrested for this, and I would also like to know how many of those are on disability or welfare.
Leah
djredhand asked:
I am a music artist involved in a couple projects right now that have the promise of furthering my career into a profitable one, however I keep spending money on them and it’s keeping me from having enough money to make my creditors payments. I have credit card debt and school debt as well. I have thought about starting a company to legitimise my efforts, but will my company become in danger if creditors see it as an asset? Also, it might be hard to even start a company with bad credit, right?
Alona Bonker
I am a music artist involved in a couple projects right now that have the promise of furthering my career into a profitable one, however I keep spending money on them and it’s keeping me from having enough money to make my creditors payments. I have credit card debt and school debt as well. I have thought about starting a company to legitimise my efforts, but will my company become in danger if creditors see it as an asset? Also, it might be hard to even start a company with bad credit, right?
Alona Bonker
Gretchen asked:
I’m in my mid-20’s…I have a car payment and pay insurance. I have rent (I live with two other people) and school loans. I’m in credit card debt up the wazoo and am making the minimum payments. I have to fill up my tank every week with gas and food costs me approximately $140 monthly. These bills cost me approximately $1900 monthly. I have a very small savings, but even putting away $5 or $10 is hard. I know I have made some bad decisions in regards to the credit cards, but now that I’m in debt, I’m trying to get out of it. I don’t spend much on entertainment cause I don’t have much left over. What can I do to get out of debt and stop living from paycheck to paycheck?
Nick Barfield
I’m in my mid-20’s…I have a car payment and pay insurance. I have rent (I live with two other people) and school loans. I’m in credit card debt up the wazoo and am making the minimum payments. I have to fill up my tank every week with gas and food costs me approximately $140 monthly. These bills cost me approximately $1900 monthly. I have a very small savings, but even putting away $5 or $10 is hard. I know I have made some bad decisions in regards to the credit cards, but now that I’m in debt, I’m trying to get out of it. I don’t spend much on entertainment cause I don’t have much left over. What can I do to get out of debt and stop living from paycheck to paycheck?
Nick Barfield


















