Archive for the 'Debt Information' Category

Tuesday, July 12th, 2011

What are the options for teachers looking for debt relief or loan forgiveness?

Scott Stambach asked: I am a young teacher (2nd year) who teaches at an urban school in San Diego, and I am struggling with my debt on my meager teachers salary. What are my options for relief?

Tuesday, July 12th, 2011

What implications are there for potentially finding work during or following a debt relief order?

Kieran asked: What implications are there for finding employment during or following a debt relief order? I certainly wouldn’t mention it but can a potential employer find out? would they?

Tuesday, July 12th, 2011

Are your wages checked during bankruptcy/debt relief order period?

Ziggy asked: During the year you are an un-discharged bankrupt or have a debt relief order for personal debts, does the official receiver routinely check your wages to see if you have done any overtime?

Tuesday, July 12th, 2011

Can I rent a room at my Dad’s for £500 a month & include this in my expenditure in a Debt relief order?

Daniel K asked: I am currently in a debt relief order I am not aloud to go over £50 being available at the end of the month, I am getting really bored of not working, but if I work my income will go up too much… Can I just move to my Dad’s & rent [...]

Tuesday, July 12th, 2011

With all the Gov. Money out there, How can I get the goverment to help me with debt relief?

William V asked: With all the crazy spending going on out there, How can I get the government to help me with debt relief without filing bankrupcy… I’ve worked hard to have a good credit score, but my bills just keep piling up. I’m not a deadbeat, but I need help… and those credit agency [...]

Tuesday, July 12th, 2011

What are arguments for and against debt relief to developing nations? list as many as you can for both please!

ABCD asked: I need as many arguments as possible for arguments for debt relief and arguments against debt relief to developing nations….what are the good things about debt relief and the bad things…THANKS

Tuesday, July 12th, 2011

would a catalogue recover their items if i got them on a debt relief order?

Damian asked: hey i have a huge debt and in that debt is one for littlewoods catalogue for 350pound. I have been advised to apply for a debt relief order from c.a.b and i was just wondering if littlewoods would recover the goods from me?? any advice is greatly appreciated thanks

Tuesday, July 12th, 2011

Can I apply for a hardship loan of £500 from the job centre whilst on a debt relief order?

Daniel K asked: Debt relief order finishes in March but I need this money to survive is it possible & how? will i have to prove it to both…?

Tuesday, July 12th, 2011

I took out a DRO debt relief order and its now completed, can i ask the banks concerned to close my accounts n?

sourdude22 asked: i had a debt relief order and now its completed, am i right in thinking that the banks etc that were affected by this who i had accounts with now have to wipe my debts with them and more importantly can i close the accounts?

Tuesday, July 12th, 2011

How do credit counseling / debt relief services make money?

tech_guy_towt asked: I see their ads all the time, offering to slash debt in half and such. While I applaud these services for what they are trying to do, somehow they have to make money, or they couldn’t afford to run these ads. Where is the profit coming from. Appreciate the answers in advance, thanks!