From the monthly archives:

September 2010

Bankruptcy vs debt settlement? “debt settlement vs bankruptcy”

September 30, 2010

Question by Tania B: Bankruptcy vs debt settlement? I have been trying to eliminate my credit card debt. I have managed to pay off 2 cards, I am currently working on a thrid, but I have 3 more with high balances, about 20,000. My husband wants me to file bankruptcy. Should I continue with the [...]

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Will a credit card debt judgement deny me a US passport? “credit card debt judgement”

September 30, 2010

Question by RaiderNation: Will a credit card debt judgement deny me a US passport? I have about 6 credit cards way past due. Most of them are in collection agencies. The highest balance I have on any card is around ,300. All together less than ,500. This law firm called me and informed me that [...]

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Living debt free or living with loans and investments, which is better? “living debt free”

September 30, 2010

Question by rex_chn: Living debt free or living with loans and investments, which is better? Around 75% of my salary is spent on loan repayment, I have investment in shares, I am planning to sell shares and close all loans and live debt free but without much investment, is it a wise decision? Best answer: [...]

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If my company credit card goes to collection can I use a debt consolidation service to pay it off? “credit card debt consolidation service”

September 30, 2010

Question by Trxy: If my company credit card goes to collection can I use a debt consolidation service to pay it off? I ended up using my company credit card for personal use while on medical leave. I was not able to pay it off completely right away and it was sent to a collection [...]

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Does anyone know of a legitimate debt management/consolidation company? “debt management consolidation”

September 29, 2010

by TheeErin Question by flowergirl: Does anyone know of a legitimate debt management/consolidation company? We are in debt and I don’t want to file bankruptcy. After all I created the debt so I should pay it, but I also do not want to keep paying the minimum amount due for the rest of my life. [...]

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