Archive for April, 2009
Can you include credit card debt in a bankruptcy?
I have a friend in FL that is filing bankruptcy. I thought they passes a law a few years ago that stated you could not include credit card debt in bk. Is that true? They are telling me that you can include credit card debt.
should I pay down my home equity loan or pay off credit cards?
Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know its usually better to not have the credit card debt, but since the rates are fixed and lower than my heloc, should I work on paying the heloc off first (I owe twice as much on my heloc as I do on my credit cards). Thanks.
When you consolidate student loans, can you add credit card debt into the consolidation?
I will be graduating soon with about 20k in student loans. I also have about 10k in credit card debt. Is there any way to lump it all together?
Is the attorney generals request for debt validation different than a consumer?
For example as a collections agency you are not required by law to provide an actual copy of the original contract. But if the attorney general asks for debt validation on behalf of a consumer, does the law change based on them asking and not the consumer themself?
What is the best way to payoff my credit card debt?
I currently have around 10,000.00 dollars of credit card debt on three different cards. I am paying 29.99% on two of them, and 22.99% on the other one.
I have tried to get a card with a better rate to transfer my balances to, but the issuers won't give me one because I am using so much of my available credit now. I have not had any late payments on my credit accounts, tho.
Should I try to get a home equity loan to pay off the cards, or is that a bad idea, too?
I know that I got myself in this situation, and I am wholly responsible. I do not feel right about declaring bankruptcy, but really want to get out of debt somehow.
If I am unable to get a lower rate, then I don't see a way to rid myself of the debt. Any advice?
Articles on Debt Consolidation
More on Debt
- Eliminate Student Loan debt by Planning Ahead
- The Truth about Debt Consolidation
- What is Debt Consolidation?
- What is the Best Way to Eliminate Credit Card Debt ?
- How long to build credit up after cancelling credit card?
- What is the difference between a credit card and a pre approved credit card or is there no difference?
- What is the best credit card to apply for for the first time?
- How many of you give in to the credit card offers?
- What happens if your credit score gets lowered due to late auto payments, but then you pay off the auto loan?
- How to get a credit card with no credit and no checking account?
- What is a good credit card for someone with excellent credit?
- What credit card would you recommend for someone trying to re-establish good credit history?
- What does closing a store credit card do to your credit?
- Can credit bureaus report late payments after a sheriff sale?
- Credit….?