From the monthly archives:

September 2010

I have a $5000 credit card bill, is that excessive debt? “excessive credit card debt”

September 30, 2010

Question by boilerette72: I have a 00 credit card bill, is that excessive debt? I take home 00/month. I have been paying 0/month on my credit card bill and hope (with interest) to have it paid off by December. Would you think this would be considered excessive amount of credit card debt when I search [...]

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debts consolidation…? “debts consolidation”

September 30, 2010

by ALL CHROME Question by Andy N: debts consolidation…? I owe around k to credit cards (around 15 cards). All of them already in default. I don’t want to file bankruptcy. I am willing to pay them off but since they’ve been late for awhile, fees and interests add up a whole lot. Should I [...]

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Where can I find information about the Credit Card Debt Relief part of the US Stimulus Package? “credit card debt information”

September 30, 2010

by seiuhealthcare775nw Question by JT: Where can I find information about the Credit Card Debt Relief part of the US Stimulus Package? I heard the governement has added Credit Card Debt Relief to the Stimulus Package. But everytime I try and look it up, my search engine is cluttered with ads from organizations who want [...]

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What happens when I do not respond to a credit card judgment debt? “credit card debt judgment”

September 30, 2010

Question by aprilmadness: What happens when I do not respond to a credit card judgment debt? Here’s my situation. I owe about ,000 in unsecured credit card debt. I’m from New York. The last payments I made were in 2002. I was under the impression that after 7 years of your last payment, they will [...]

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Is Debt Arbitration a good way to go? “debt arbitration”

September 30, 2010

Question by redheadedstepchild: Is Debt Arbitration a good way to go? Has anyone dealt with Debt Arbitration, what can I expect as a result of using their services? Best answer: Answer by stopccdebtDebt arbitration is commonly referred to as debt settlement. If all of your unsecured debt accounts have been turned over to collections, then [...]

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