Archive for November, 2008
migueljuan asked:
I currently owe $45,000 in student loans and I am having a hard time paying them off. The loans are private (sallie mae) and I am not elligible for consolidating them via federal loans since I am not a US citizen. I was not able to get a visa so I had to leave the US. I live in Europe now.
I currently owe $45,000 in student loans and I am having a hard time paying them off. The loans are private (sallie mae) and I am not elligible for consolidating them via federal loans since I am not a US citizen. I was not able to get a visa so I had to leave the US. I live in Europe now.
I understand that declaring bankruptcy would not cancel out the student loans, but I have read that bankruptcy could cancel out credit card debt. I have a good credit score (790), so given some time, with an even higher credit score, I may be able to transfer my loans to a few credit cards.
What are the laws regarding credit card debt and bankruptcy? What difference does it make that I am not a US citizen and do not live in the US?
Manual Mosier
OOgaCHucka asked:
My husband filed our taxes online last year, and forgot my w-2. The IRS just sent me a notice saying I owe around 2500. I would be getting a refund of 5200. Can I get out of part -or all!-of this debt? I believe it was an error on his part, him having never filed taxes before (I usually do it, but was dealing with a brand new baby, colic, and post-partum depression)….
Arnoldo Petrelli
My husband filed our taxes online last year, and forgot my w-2. The IRS just sent me a notice saying I owe around 2500. I would be getting a refund of 5200. Can I get out of part -or all!-of this debt? I believe it was an error on his part, him having never filed taxes before (I usually do it, but was dealing with a brand new baby, colic, and post-partum depression)….
Arnoldo Petrelli
lovepink8998 asked:
Money is always a big issue with him and bill collectors are always calling his cell phone. He told me he is in debt 12,000 but, I have a feeling it is a lot more than that. I talk to him and tell him how to get “money smart” but he avoids the subject.
Money is always a big issue with him and bill collectors are always calling his cell phone. He told me he is in debt 12,000 but, I have a feeling it is a lot more than that. I talk to him and tell him how to get “money smart” but he avoids the subject.
I was wondering if there is anyway to figure out how far he really is in debt?
The reason I am curious is because I do not want his debt to turn into my problem in the future.
Monroe Delanuez