Monthly Archives: November 2008

The Truth About Bankruptcy

SecondStart asked: Bankruptcy Attorney Jamie Ryke of the Second Start Bankruptcy Law Firm talks about the Truth about Bankruptcy. Find out how we can help you get out of debt and get a fresh start by filing either a chapter 7 or chapter 13 bankruptcy.

Pay off Credit card or put incentive check into savings?

Maria asked: I can pay off a credit card, but soon I’ll have to buy school supplies/clothes for my 4 kids and birthday and Christmas. Do I pay off the credit card and then save the payment for these purchases or do I put it all in saving and dip into it as I need…

Does anyone has any idea about “Credit Card Debt Elimination” programs? Do they really work or are they shams?

webby_34 asked: I do not mean Debt settlement; I meant Debt elimination. I saw some websites mentioning something like UCC1 to turn from Debtor to creditor(????). Looked very promising. Related Blogs Related Blogs on Credit Card Debt Credit card debt Become credit card debt free 5 Surefire Ways To Eliminate Credit Card Debt Little Known…

Who is responsible for credit card debt if somebody dies? Or does the company eat it?

Brad asked: Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question…

Credit Repair Secrets

shezboy asked: http://ukcreditsecrets.co.uk – Credit repair is easy when you know how your credit file works and is used against you.

What are the advantages and disadvantages of debt consolidation?

jimmyaven asked: I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now, it should be close to $3000 because of all the interests. What does debt consolidation do? More importantly, can it REALLY…

I’m being sued, I have the money to pay off a credit card debt, who should I make the payment to?

Mysti asked: A relative is going to loan me the money I need to pay off my credit debt. I’m suppose to file my appearance in court on Tues. Should I call and make arrangements to send the payment in to the credit card company or the collection agency? Do you think they will dismiss…

How do credit card debt councilors work with credit card issuers?

Gayle asked: I’ve seen on t.v. how credit card debt councilors work with banks when people owe a lot of money on their credit cards. They say they can not only reduce the amount owed but also get your monthly payments down to where they are manageable. How do they do this, are there any…