Money Management and Problems Articles - Archive: 2010 Page 2

I received a call from NCO telling me that they obtained a default judgement ordering me to pay $7000 in credit card debt (which was actually $5000). They say they can garnishee my wages but can they without having legally served me notice (e.g. through sherriff, registered mail). I am a federal govn employee who [...]

Currently going through an DMP @ 1100 a month. Was ok but am splitting with my significant other and can`t see myself continuing with this payment. Have been in it for 1.5 yrs. What are my options for decreasing the debt load and what are the impacts Posted from: Alberta

in august 2002 i stopped making payments on all my credit cards due to financial difficulties. In march 2010, i checked my credit report and although the credit cards are mentioned in my report, the outstanding balances are zero for all accounts and the ratings are R1. if i open a chequing account with a [...]

I have a secured loan and an unsecured line of credit. Why can I not do anything with the secured loan? Posted from: Ontario

would a dept that has been on your credit for more them six years still show as outstanding dept. Posted from: Alberta

My husband has been transfered to the u.s for a job. The company will buy our home for the appraised value, but unfortunately in our city this value is very low due to the economy. We will still owe close to 70,000$ on our mortgage after the company buys the home. We have to move, [...]

Hi, I have a vehicle that I owe more on the loan for it than the actual vehicle. My parent co-signed for the loan. I simply cannot afford the vehicle anymore and am considering having it repossessed. I have heard that in bc there is a seize or sue policy. In either one of these [...]