Archive for October, 2007

What should I do to get out of debt ?

Saturday, October 27th, 2007

Goigs1 asked: I have always paid my bills on time but now I am trying to get into another field of work and my personal debt is crushing me .It is through nobodys fault but my own, but I have been in car sales for 15 years and I am trying to get out ! [...]

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Personal Debt Question: Dave Ramsey Listeners… what would you do?

Saturday, October 27th, 2007

chrisandniki asked: We’re currently following Dave Ramsey’s Baby Steps. We’re on Baby Step 2 (getting out of debt).
We have a $7000 debt on Car 1, a $6500 on Car 2, and $15,600 on a credit card (at 18%).
I know he says hit the lowest to biggest debts first, but I’m thinking maybe I should (1) [...]

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How To Best Use A Personal Debt Consolidation Loan

Tuesday, October 23rd, 2007

You may have reached a point in life at which rising debt has left you feeling as if you are twisting in the wind. In this regard, you may be interested in developing different and effective resources that can best aid and assist you in dealing with overwhelming debt. In considering different solutions that are [...]

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I am looking to get a business credit card or line of credit WITHOUT a personal guarantee. Any advice?

Sunday, October 21st, 2007

Hoping he will bless me with #1 asked: I currently have four business accounts (Dell, Staples, Office Depot and Exxon). I would like to get a business line of credit or credit card without a personal guarantee, so I can eventually have a business profile under my company name. All of my credit [...]

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What is the NJ statute of limitations on collecting a personal debt?

Wednesday, October 3rd, 2007

Anne G asked: 10 years ago I was in some legal trouble, and my aunt paid for a lawyer to represent me in court. She then wrote me a letter telling me that I had to pay her back about $2000 for the lawyer’s fee. I never signed a contract with her, nor did I [...]

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