Thundercat asked: There is no real money to fund this. It will have to be borrowed. More debt. How can more debt fix debt?
Lisa J asked: I filled out an online application for information about getting rid of debt, and I’ve heard that you can legally eliminate your debt?? I’ve know that Settlement is a good option, but not sure about Elimination. Anyone know?
Claudio F asked: I think that I would feel comfortable to have 30% of my assets in debt, but I never had debt before, so I am not sure about that. For instance, if my total assets are $100,000, then I would feel confident in getting $30,000 in debt.
The Tycoon asked: On average how long does it take? Once through the program if you compare 2 people, one with debt and high score. The other with “bruised” credit and no debt and almost high score which one is better?
tim asked: I’ve got some debt that’s currently in collections. And I got to talking to one of the debt collectors and he revealed that the average company is willing to settle for about 75% of the debt owed. But since they’re basically screwing you with outragous interest that never allows you to really pay [...]
Johnny asked: What is the best debt counseling company? I’m trying to help my friend get out of massive credit card debt. I need a good, reliable debt counseling company.
ccdpat asked: I have had the same “debt” put on my credit report by the original lender, a collection agency over 2 years ago and now a brand new collection agency. I questioned the original debt on my report and they removed it, and now, it has obviously been sold to another collection agency who [...]
charlotte q asked: I have no credit card debt and an an excellent credit report. I am going to do a small remodel on my rental property and plan to use my Home Depot card with no interest no payment for 12 months. I plan to use a few other cards as well. I thought [...]
jf3 asked: When company A pays a 15% premium to acquire the stock of company B, what happens to the debt of commpany B? Does company A absorbed the debt, pay it off? Is company B responsible for paying it off?
river59 asked: Asset Acceptance is holding two small utility debts of mine. The statute of limitations has run out but they resubmitted the debt to the credit agencies as if they are new. Can they continue to resubmit a debt after the statute of limitations has run out? How do I fix this?
