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Dealing with Bad Debt Questions & Advice

All Dealing with Bad Debt Questions & Advice

My boyfriend is in debt what is his best option debt settlement or declare bankruptcy?

Hi. I’ve got a question for someone else. My boyfriend is in debt. What is his best option, debt settlement or declare bankruptcy?

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How many times can the same debt be placed on your credit report?

How many times can the same debt be placed on your credit report?

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Are there any legal bankruptcy alternatives that can get me out of debt quick?

Please help us. We are deeply in debt and cannot keep making our payments. It’s only a matter of time before we end up in default. We know that ...

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Can I walk away from debt through bankruptcy as a small business owner?

I’m a small business owner. I was hit hard by the recession, since I’d invested in new equipment right before the economy tanked and my sales ...

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Are there any penalties for paying off all my debt early?

I have finally saved up enough income to pay off the rest of my debts, but I am a little worried that their may be a penalty for paying off the debt e...

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What is the difference between personal debt reduction and personal debt settlement?

What are the main differences between filing for personal debt reduction and personal debt settlement? I have very basic knowledge of my debt options ...

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Is it possible to sue the debt consolidation service that I hired?

Is it possible to sue a Debt Consolidation Company for deceptive practices? They promised to reduce our debt, but instead ended up paying them twice a...

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Should we default and let the bank have the house?

We owe $350,000 on a Charleston house now worth only $225,000. (Don’t ask.) Is there any reason we shouldn’t simply default and let the bank hav...

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Can you tell me the difference between debt settlement and debt consolidation?

Can you tell me the difference between debt settlement and debt consolidation? Are they the same thing? Also, is a nonprofit always better than a fo...

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Are online debt reduction agencies safe?

We’re drowning in credit card debt. My husband wants to use an online debt reduction service. He says that because you can easily contact and get ...

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Can't Pay IRS Tax, IRS Will Settle For Less?

Is true that the if I can show that I can’t pay my taxes, the IRS has to settle may tax bill for less than the full value?

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