Why should people be able to weasel out of debt? Even a fraction off of their amount sends the wrong message?
Thursday, July 24th, 2008Christopher K asked: doesn’t it? People who got into debt made bad decisions. Why should they be able to have ANY part of it shaved off? Now people will mention emergencies such as large hospital bills, funeral expenses, etc. Those are the only exceptions because you can’t plan for when they will occur. Other than [...]
How do I get out of a contract for deed? or get a loan w/a high debt to income ratio and low credit score?
Thursday, July 17th, 2008Nina T asked: My husband deserted me and my daughter and his name is still on the contract. He gives me no $$ support. I gross only $2300/mo. A mortgage broker told me my debt to income ratio is too high to get a loan and that my credit score, 545 is too [...]