Archive for June, 2009

personal get out of debt loan with poor credit tring to better my credit with only one payment per month?

Monday, June 29th, 2009

jjpool73 asked: i need a loan 8,000.00 to 10,000 to consollidate my debts with one monthly payment to better my credit asap to buy a houseWillie Steinbruckner

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How to deal with debt– VERY limited budget?

Friday, June 26th, 2009

melaniecampbell asked: I am a 24 yr old woman with a 5 yr old son, and baby #2 due in 5 weeks. I just graduated from college. My fiance works full time, which takes care of mortgage payments, utilities, groceries. After that, he is broke. I get about $550 a month from the govt which [...]

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Can i payoff my outstanding debt, i.e. car debt, credit card, and personal loans off with a student loan?

Thursday, June 25th, 2009

PK asked: I plan on going to school full-time but need to have money to payoff my outstanding debts.Elizabeth Wright

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Question about marriage and debt?

Monday, June 22nd, 2009

apechic asked: I am planing to get married to the love of my life in about a year. I have no personal debt while he on the other hand has somewhere around 100k! I am wondering if anyone has experience with this and knows if I will be assuming his debts/credit score etc via marriage?
I [...]

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Need help on Consumer Debt questions?

Sunday, June 21st, 2009

CakedUp asked: I have 4 questions listed below:
1. Is a personal line of credit considered consumer debt?
2. Is a consolidation loan from a bank consider consumer debt?
3. Is anything purchased under your business considered consumer debt?
4.Does consumer just mean personal debt?Alexander Lyster

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Unsecured Personal Loan For Debt [current] Consolidation with previous bad credit?

Sunday, June 21st, 2009

Man of La Mancha asked: Interested in consolidating about $6K of unsecured [non credit cards] debt into one loan plus approx $2K additional to obtain motor vehicle…excellent secured income [social security, pension and work income]. All direct deposit and would set for direct debit monthly payments on the loan. Know of sites like [...]

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If I declare personal bankruptcy can i still keep business?

Wednesday, June 17th, 2009

MacDaddy1381 asked: I own a restaurant and it is a C corporation. If i have to declare personal bankruptcy because of credit card debt and i can’t afford my home, what impact does that have on my business? will i get to keep it?Ferdinand Skreen

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Is Bank of Americas personal loan just another credit card?

Tuesday, June 16th, 2009

tkj asked: I was looking at Bank of Americas debt consolidation or personal loan it says it is funded by FIA card services and their is a 3 percent fee for the transcaction so is this just another credit card?Phil Ganibe

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What was your debt after graduating college?

Monday, June 15th, 2009

pearlhonda asked: If you were enrolled in a program that strongly recommended that you did not work while attending school, what was your total debt after graduation? (Student loans and personal loans) Did you work or get financial aid? Did you live on your own? I need some advice.
Thank you for readingMike Kolker

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1099 question regarding debt forgiven: I have a client who owned his house for 4 years, rented it 6 months?

Saturday, June 13th, 2009

Neither Republican nor Democrat asked: ago, needs to do a short sale on it - or it may become a foreclosure. What time period is it that the IRS will say it’s his personal residence for that debt forgiven legislation that just passed that says the IRS will not 1099 him if it was [...]

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