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November 2009
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Archive for November, 2009

personal debt
JIM BOB asked:


I live in Colorado and filed for a divorce about 2 months ago. Since I filed, my wife has spent a tremendous amount of money buying personal items such as clothes and jewelery for herself. She was served the paperwork for the divorce about a month and a half ago and the paperwork stated that you are not suppose to run up the debt, cancel insurance ect. My question is how much of the debt will I be responsible for?

Vicente Lawerence
personal debt
latina Newyorker asked:


Housewife Cuisine Personal Chef services is a unique home-business I started with my cookbook and cooking show but now I want to add cooking services and with the debt I incurred from launching the webseries Housewife Cuisine I can’t afford literally to pay for advertising locally for the personal chef services. Besides dropping off cup cakes and muffins locally what else can I do to stand out from the rest? I also bought magnetic signs for my car that cost $75 for two signs 12x 14. I just need about 5 clients to be fully booked. Any suggestions????
P.S I live in Austin Tx so its plenty of business. I just need to find it asap lost my full time job yesterday due to cut backs.

Abel Pill
personal debt
CJ asked:


We were sole proprietors when we started our business and got some credit based on that. We later incorporated. Within a year we sold the business and the deal did not go well (he’s not paying). So, we are probably going to have to file corporate bankruptcy due to debt we now can’t pay off. Will this impact our personal credit?

I’m of course going to talk to an attorney, but wondering if anyone here knows.

Soon Altenhofen

personal debt
kelly l asked:


I want to get out of my credit card debt. I know I need to cut up the cards and tell them “bye”, but can I get a personal loan at the bank and consolidate them with a better interest rate?

Michale Parish
personal debt
Ron asked:


I am a retired Marine with 2 children. My objective is to roll all my debts into one single obligation which I can guarantee with my military retirement as an allotment to repay this debt. I am willing to pay an interest rate of up to 18% if possible. I am also interested in starting a high quality woodworking business which I will provide 30% of the revenues for the 1st year being reduced by 5% per year till the debt is paid. I would like an opportunity to speak with a lender directly on these matters. Sincerely, Ron

Frank Neptune
personal debt
Monica asked:


I have bad credit and need to get my car fixed or payed off ($ 1500.00). Need a personal loan. The best would be an amount, so I can pay my outstanding debt off. A loan for about 3 to 5 years. Any suggestions???
Websites? Banks?

Andreas Rossel
personal debt
John S asked:


My brother is the owner of a sub s corp. Some business debt no business assets. Can his creditors come after his personal assets?
Thanks in advance

Leopoldo Ferencz
personal debt
JLM asked:


I am interested in a good program that will interact with my bank online, for personal finance (IRA’s, 401K, mutual funds) as well as household budgets and debt reduction/mgmnt. I don’t need business software. I have Quicken Deluxe but have not installed it yet. I’m sick of keeping track of things on paper!

Kenneth Dallen