Monthly Archives: September 2009

Do I need to pay off credit card balance if I’m a secondary card holder?

Kadaj asked: My dad is the primary user of the credit card. I have not use the credit card for almost two years. Now the card company is asking me to pay off balance. Am I liable for the balance?

Credit card debt and 1099c forms. Once you file taxes will your credit card debt with company be gone?

Kee Kee asked: I recieved a 1099c form from a credit card company for a settled credit card debt. The amount is for $10,000. I only make $31,000 per year. Will I end up owing on taxes due to being in a different tax bracket?Will the debt finally be gone?

what is the best debt consolidation company out there today?

Leroy asked: I have over 10,000 dollars worth of credit card debt. should I consider consolidating? I can afford the payments no problem, but in the long run, the interest may be more than what I could have paid if I was in a debt consolidation program. Does that make sense to you? Thank you…

Now are you convinced the Republican plan is the elimination of Social Security?

Moose asked: With the announcement of the deficit today the dots are connected. McSame: we cannot meet our financial obligations. Bush: the largest deficit ever contributing to an astronomical national debt. The answer: eliminate Social Security and Medicare.

Paying off Credit Card Debt with out having to pay the whole balance?

Gwen asked: We are coming into some money and I had read a article about how you can pay off credit card debt with out having to pay the whole thing but I cant find the article with all the ‘credit card wordage’ any one have any suggestion?

IRS TAX FORM 1099-C After credit card debt settlement?

Sekaii asked: if i have settled a $1500 credit card debt directly with the bank for only $454.79, what is the purpose of having me fill out a IRS tax form 1099-c? and how will this negatively or positively affect my taxes and/or credit? (i owed $1500, they said i could pay $454.79 and i…

Has anyone came up with creative ways to pay off credit card debt?

Theandysullivan asked: Ive actually spent $240 on Elmo TMXs to sell online to pay off $500 credit card debt. Any others? So far you both really **** at answering the question! So far you both really **** at answering the question!