petrochirus asked: I am wondering what peoples experiences are. I have about $25,000 in credit card debt and around $30,000 in student loans. The credit cards are surprisingly well under my limit. I would be interested in consolidating the credit card debt especially, as it seems those are going to last forever. Any advice?
Versatile asked: If you have a small business will it effect it? Or is separate from personal debt? I was told about this DRO from charity debt advisor and I have not told them I run a small business. Any suggestions
JR asked: I hear 2 versions of this story. That the canceled debt from my short sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA told me it wont be considered income for 2008 tax purposes and I wont [...]
rs asked: work with the credit card companies to reduce the payments. i have been out of work for a year due to medical reasons and I am now employed again. I went over $40000 in debt with credit cards. I want to do the right thing but I can not afford the payments.
asked: Will the rate be horrible? I ask because I am $4000.00 in debt and I really can’t make that go anywhere because I drive a newer car (though nothing fancy) and make kind of large monthly payments on that. I will get way less than what I owe on the car so I cannot [...]
Trader G asked: Government bail erase the debt of the little guy? It’s the only fair thing to do, after all they bailed out the Banks who started this Meltdown in the first place.
Jack asked: I have family in oz and was thinking bout goin on a debt relief order and get a workin visa and try my luck in Australia for work would the offical reciever allow that please any advice would appreciate
I love rain and alcohol! asked: This was my principle residents for three years. The original loan was for 84,000. I refinanced and it came up to 94,000. I refinanced again and it came up to 102,000. I know probably it might cover only the original loan of 84,000. Will the relief act not the [...]
Rachel N asked: I don’t know if debt relief would be good for my husband and I or not, we have never been late or missed a payment and we usually DO pay more that the minimum but we have over $20,000 on credit cards and I feel overwhelmed. I feel like we will never [...]
Molehole asked: I need to get a debt relief order here in the UK due to credit card debt and no employment. However, I am a language teacher and have been offered a job in Spain. What happens if I get the debt relief order then move abroad for the term of the order?
