getting tough
We owe about $104000 in unsecured debt, is it possible to go through some sort of debt settlement, reduce my payments and pay this amount off within a defined timeline? If so how do I go about this? Thanks! Posted from: New Brunswick
Debt Settlement: Answers to Questions
Most Recent ‘Debt Settlement’ Posts
employer contact
while i am not paying creditors, are the credit card companies going to be contacting my employer to guaranshee my wages? Posted from: Ontario
Debt owed to a University but not a student loan…
Recently I requested a transcript from a university that I attended last in 1996-1997. The response was that I have an outstanding account that must be settled before any transcript will be sent out. What should I do…I am not in a position to assume a large debt and would think that it would be […]
Credit problems
Hello, My Uncle and Aunt are in a difficult financial situation. They owe a lot of money on their credit cards – one of them lost their job so they are living on one income. They have been to the banks to consolidate their debt but the banks have said they won`t be able to […]
Protection of spousal assets
My four years ago my spouse received a large monetary gift to put toward the purchase of our home. In order to protect her interest in the event that we split up, I signed an legal agreement similar to a pre-nuptual agreement recognising the money as being hers alone. This money now makes up the […]
Joint line of credit with an ex-spouse
My ex-husband and I have a joint line of credit that the is unsecured with the bank. He pays it down but the bank refuses to release me from it because without me he does not qualify for the credit. I do because I own a home. If he should declare bankruptcy, what happens to […]
debt settlement instead bankruptcy
Is it possible to use debt settlement instead of filing for bankruptcy when my total credit debt is $400K. My husband and I both have 2 jobs and we have steady income. It is just the credit cards interest rate are too high for us to keep up. What are the credit card institution procedure […]
Options, how do we deal with our existing debt.
We owe big money to different credit card companies including line of credits. Now its been almost a year and after a while they stopped sending us any kind of letter. Now we dont want to file a bankruptcy but want to pay in installments (minimum). We have equity in the house which is close […]
Debt Settlement
I am a little confused about Debt Settlement. I contacted a firm because I currently have my debts with a Credit Counselling Service but I cannot afford to keep paying them monthly and if I add the other (unsecured) debt the monthly payment would be to high. My debt is about $19000 (credit card debt) […]
owner
What does it mean when Revenue Canada puts a lien on my property for back taxes?I had made payment arrangements with them and have never missed a payment, so why would they do this? Thanks Posted from: New Brunswick