Archive for June, 2009

What’s the best way to get out of credit card debt?

Tuesday, June 30th, 2009

evon. asked: Personal loan, debt consalodation, Line of credit?
We are currently researching these and applying and would like to hear your personal experience/knowledge.
Thank you in advance!
We started a small business and now would like to pay it all off at once with lower intrist.
Our credit is outstanding.
We only got them for our business.Mervin Kribs

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Should I take out a 2nd mortgage to pay for my credit card debt?

Monday, June 29th, 2009

Cynthia H asked: My husband and I are in our late fifties. He is disabled and is on a set income. We only make enough money to pay a our bills. There is very little money left over for gas, groceries or everyday living. We owe 25,000 in credit card debt and [...]

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How can I get out of credit card debt?

Monday, June 29th, 2009

sweetsourangel asked: I am in debt with my 2 credit cards. I stopped making payments months ago because my payments were not making a dent in my balance. I was making $100.00 payments every month. The one credit card offered to make an agreement with me to pay them $800.00. If [...]

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How do I get out of credit card debt?

Sunday, June 28th, 2009

Mandy S asked: I am married and have two kids. We both work. I work an extra job just to make ends meet. We make good money. But we have so much credit card debt that I do not know what to do. We have a house but it does not have much [...]

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Can a person in NC sue their former employer for giving out personal contact info to a debt collector?

Tuesday, June 23rd, 2009

j n asked: I know about The Fair Debt Collection Practices Act
15 U.S.C. ยง 1792; and that it is illegal for the agency to contact an employer, but I think they can get away with doing it once?Lindsay Mui

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Is it true that 6 out every 10 American is in credit card debt?

Tuesday, June 23rd, 2009

anon in idaho asked: If so what can be to help them? How much are the people and creditors responsible for this mess? What is the government doing to help them get out of debt? Are the credit card companies helping these people get out of debt or not? Is it really true that 6 [...]

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What will happen to Western economies if Africa is ever lifted out of debt/poverty?

Tuesday, June 23rd, 2009

Aidan Jay asked: In order for Africa to be lifted out of debt/poverty, the Western capitalists will have to stop exploiting Africa. If this ever does occur, how can our capitalist economies in the west function without exploitation?Herb Brasfield

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Where can you find a letter to settle with a debtor for a lower amount to get out of debt in this way?

Monday, June 22nd, 2009

Ginger asked: In the style of the offer ONLY applies if they cash the check you have enclosed, and upon cashing it, that they are agreeing to accept it as a settlement for the debt?Carla Schiltz

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Are there any good debt management companies out there?

Monday, June 22nd, 2009

Brittany asked: I’ve heard that In charge solutions is a good company. I’ve heard that they are a non-profit organization.
We have a little over five thousand dollars in credit card debt and other misc. things.
We are only making two thousand dollars a month.
Any answers will be much appreciated!Adrien Atiles

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If the government took away welfare, would that help us come out of debt faster?

Sunday, June 21st, 2009

Hey Sunshine! asked: Our country is so in debt right now, if they stopped giving welfare to people who don’t deserve it then wouldn’t that help the u.s come out of debt at all?
well i know social security and medical care is a must, but everyone knows people who can work but just use the [...]

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sell structured settlement