Archive for July, 2009

I’m trying to buy a house and want to know if my debt looks better on credit cards or personal loan?

Monday, July 27th, 2009

Curiousmindz asked: I am a young professional with a steady, fairly well-paying job in the education profession. I’m settled career-wise and am looking to purchase my first home by the end of November. However, after surviving a period of being unemployed a few years ago and grad school, I have a a credit card debt [...]

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Can i pay corporate debt with personal monies?

Friday, July 24th, 2009

Kaptndrow asked: I am trying to increase my new corporations’ credit score by moving some of my personal debt such as cell phone to my corporate account. If i pay this debt from my own pocket each month will i, or my corporation, be penalized, say tax wise, or any other way? This is a [...]

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Who would want to donate money to my personal credit card debt?

Wednesday, July 22nd, 2009

James C asked: Target Credit Cards Lowered My limit by $3k and i am wondering if any one would donate money to my personal debt. NOT ASKING FOR MONEY JUST ASKING IF ANYONE WOULD!Eugene Schirrmacher

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How do I go about consolidating my credit card debt?

Wednesday, July 22nd, 2009

MiM asked: I have a good credit score, last time I checked about 6 months ago it was about 720-730. Recently I have acquired a big credit card debt, about $9,000 on one credit card (with a limit of $10,000) and about $3,000 on another one (with a limit of $5,000) for many different personal [...]

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Can I lose my home due to unsecured unpaid debt?

Wednesday, July 22nd, 2009

JH7057 asked: We have a home (that is paid in full.) We have credit card debt and personal loans that have gone unpaid due to unemployment. Can my home be taken to satisfy the unsecured debt?Kermit Mclearan

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If you have a federal tax lien can debt collectors collect personal property?

Sunday, July 19th, 2009

COURT727 asked: Someone I know has had a Federal Tax lien for some years now. He is currently trying to get the situation taken care of, at the same time he has a couple judgements on that needs to be repayed. The debt collectors recently sent the Sherrifs to his house and served papers stating [...]

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What percentage of the personal income taxes collected in the US ?

Thursday, July 16th, 2009

Duh asked: What percentage of the personal income taxes collected in the US does nothing but pay the INTEREST on the national debt?? I’ve heard that 100% of the individual taxes we pay is used for nothing more than paying the interest in the national debt!! Is that true?? If that is [...]

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Does anyone know where to get an unsecured personal loan with good credit score but high debt?

Wednesday, July 8th, 2009

Gina asked: Hey- I am not interested in scam folks please. This is a genuine question
Thank youKecia Rodi

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can a debt collector seize $ / assests from my LLC for a personal credit card debt not connected to the LLC ?

Tuesday, July 7th, 2009

Rubberband Man asked: i have some credit card debt probably 3-4 cards to the tune of about $ 5,000. that was prior to my forming my self employed service business into an LLC (ohio), and this debt has no connection to the LLC (single member) and if i am not able to settle or othewise [...]

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can personal debt be transferred from children to parents?

Monday, July 6th, 2009

Jonathan asked: i am an unmarried college student with no dependents and i use student loans to finance the cost of my tertiary education. i worked between graduating high school and going to college and built sufficient credit to get the aforementioned loans without anyone cosigning for them (my name is the only name [...]

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