Archive for August, 2006

What happens to someone’s debt when they go to jail?

Tuesday, August 29th, 2006

sidhfaerie asked: How does a person pay their personal debt while they are in jail? What happens to unsecured debt? I understand that a house would be foreclosed on, that a car would be repossessed, but what happens to other debt? Is the family responsible for paying it?Quentin Posik

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Personal Debt Consolidation Loans: the Only Place Where Additions Lessen the Total!

Sunday, August 13th, 2006

 If you’re buried in debt, endless outstanding bills and you cannot manage the countless payments, Personal Debt Consolidation Loans are your best solution. Personal Debt Consolidation Loans make managing and repaying debt easier or simply possible in some cases. When faced with trying times people usually file for bankruptcy. Each year, millions of people do [...]

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Now that we bailed the banks out of debt; what about the people who still owe them?

Saturday, August 5th, 2006

Ken asked: All of the bad decisions and bad management in banks and on Wall Street has been rewarded by the taxpayer taking on all of their bad assets leaving them with a clean balance sheet. In all fairness, what could possibly be done to provide equity to all the people who foot the [...]

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