Tag Archives: Credit Debt

Who is responsible for the credit card debt of a person who dies?

Adareadam asked: I am having doubt about the credit card debt of a person. My uncle passed away but he is having credit card debt. Who is responsible for that debt?http://1mortgagecalculator.info

How to eliminate the credit card debt?

Sutha asked: I want to get some tips to eliminate credit card debt. How I can I avoid the credit card debt? Can I maintain zero balance in credit card?http://1mortgagecalculator.info

How do you go about consolidation on past credit card debts?

Kristina F asked: I have some credit card debt from the past. I hear that if you wait a few years you can take the total off all your debt and combine it and pay like half the price and make payments to get it paid off and off your credit report. Is this even … Continue reading

Will the credit card companies and collection agencies try to find me in Europe?

Ubul asked: I have a big credit card debt. I stopped making my payments in August. If I leave the USA and move to Europe will the credit card companies and collection agencies try to find me there? If they find me what will happen? Can they take away my car or other properties, garnish … Continue reading

What is the statute of limitations for collecting a debt (specifically Credit Card) in the State of Michigan?

R. L asked: Some say the S.O.L. in Michigan for credit card debt collection is 4 years. Some say 6 while I’ve even heard others say 5. There must be a definitive answer.– Also, if you file an answer to a comlaint is this the only defense you need to raise in order to get … Continue reading

Can you really negociate credit card debt to less than half of what you owe if you stop paying them?

Alex Maire asked: I’ve read a couple of things on the net regarding people negociating their past-due or even charged off credit card debt. Some are paying only a fraction of what they had to begin with!http://1mortgagecalculator.info

what happens to my credit card debt if the us currency collapses?

Adam B asked: what happens to my (and all) credit card debt if the us currency collapses? Also, my mortgage/loans. ? This isnt a question of IF the currency will collapse. So please dont rant about that. adding to my previous question, would buying silver and gold with my credit be wise? http://1mortgagecalculator.info

Are parents reponsible for credit card debt incurred by their over 18 under 21 year old children in NY state?

dixie8026 asked: My 20 year old cousin just found out she’s pregnant. She lives at home and has a good job, but she’s moving out. She has about 15,000 in credit card debt and my Aunt is under the impression that in Ny state she will be held financially responsible if my cousin is not … Continue reading

What is the quickest way to get out of credit card debt FAST?

AeF asked: I currently have around US $4,500 in credit card debt, spread over three separate cards. I have US $1,300 in savings and I earn anywhere between US $2,000 and $3,000 each month. I have zero expenses. My question is, how do I pay off my credit card debt as quickly as possible whilst … Continue reading

my husband and i received just received a summons to appear in court for credit card debt?

DiBu asked: we are have received a summons to appear in court for credit card debt. this debt is valid, however, we do not have the financial means to pay it at this time. my question what happens when we go to court and can we still negotiate a payment plan with the bank’s attorney?http://1mortgagecalculator.info