31 Aug, 2010
Posted by: admin In: Debt Settlement Strategy
Question by Mike: Has Anyone Ever Tried This Debt Settlement Strategy? In response to a question I recently asked titled “Suggestions for Debt Settlement Negotiations (Part 2 of 2)”, someone suggested the strategy outlined below. I know it sounds sleazy, but as long as it’s legal and there’s no backlash from the original Creditor for [...]
31 Aug, 2010
Posted by: admin In: Debt Settlement Software
Question by Diddle: Do I have to file this 1099-C (cancellation of debt)? I settled a debt with a credit card company. I owed them a certain amount but they offered me a settlement deal so that I could pay them less than what was fully owed and the debt would be “paid as agreed [...]
15 Aug, 2010
Posted by: admin In: Large Credit Card Debt
by seiuhealthcare775nw Question by curious: My widowed mother has large credit card debt. When she passes away what will happen with this debt? She is paying a monthly insurance fee on 2 cards that would pay off the debt in case of death. Is this necessary? The fees are quite high for her limited income.. [...]
14 Aug, 2010
Posted by: admin In: Help For Credit Card Debt
Question by ParvardigarBaba: If I pay off my total credit card debt of k will this increase my credit score? Hello, If I pay off k which is my total amount of credit debt, will this increase my credit score? I am revising this question I just asked earlier. I have no other revolving debt [...]
13 Aug, 2010
Posted by: admin In: Large Credit Card Debt
Question by curious: My widowed mother has large credit card debt. When she passes away what will happen with this debt? She is paying a monthly insurance fee on 2 cards that would pay off the debt in case of death. Is this necessary? The fees are quite high for her limited income.. Thank you [...]