XCALIBUR asked:


I mean i heard after 6 years or so your credit card debt is written off, but if during those 6 years you get letters from different solictors, agencies etc does this include the 6 years or is it restarted from the beggining when to a another agency?

Lillian

Jenn asked:


I’ve been struggling with false accusations that I owe PayPal money, when I do not. I’ve read over my rights and laws concerning debt collections and I need to write them a letter stating that I do not owe them money and to stop calling me. All I have is their phone number and if at all possible, I’d like to get the address without calling them to ask for it, lol.

Sally

noble_onyx asked:


Every time i try to validate the debt with the collection companies, they sell it to another company before the 30 days are up. How am I ever supposed to get this taken care of if they keep selling it off before it is validated? Help please.

Kimberly

stuckinlove asked:


I am working on getting out of debt and am doing okay at it, but I can’t do anything while doing it. There is nothing left to do fun things, and I can’t even date if I don’t have money to go out with. Is it really such a viscous circle?

Ron

bob asked:


China practically owns us. Both presidential candidates tax plans increase our national debt by over $200 billion, with Obama’s costing a little bit more. Why do they have to keep borrowing more money instead of shrinking the debt?? It’s gonna come back and bite the country big time before too long.

Sally

Poverty is relative asked:


Employment income and tax refunds can be garnished by debt collectors - can the economic stimulus rebate be garnished as well?

Debra

ac26xp asked:


For example I can buy shares of the exchange traded fund: IShares S&P US Preferrd Stock Index Fund (PFF), which is classified as a Corporate Debt Funds BBB-Rated.
Is a corporate debt fund like PFF a collection of corporate bonds?
Thanks !

Jerome

Ann asked:


A. No effect on total liabilities, increase in debt to equity ratio
B.Increase in total liablities, increase in debt to equity ratio
C.No effect on total liabilities, decrease in debt to equity ratio
D.Decrease in total liabilities, decrease in debt to equity ratio

My answer is D. That is correct? I know B is not an answere.

Roland

highfieldzoo asked:


I need to save $10,000 by August 2007.
I have $24,000 in credit card debt with $30,000 in Limit and my average credit card interest is 18%.
Is it smarter to save money in savings or to pay off credit card bills and have more money available.

Joann

Tired Momma asked:


A friend has found herslef in a lot of debt and just went bankrupt two years ago. What happens when she can no longer pay her bills? Could she go to jail?

Thank you!

Vernon