Archive for the 'Credit' Category

Can credit card debt transfer to your children after your death?

Wednesday, September 1st, 2010

extisc asked: An older family member of mine has a large amount of credit card debt and their only major asset is the house that they currently live in. From what I’ve read it seems that creditors will liquidate all of their assets including the house in order to try and cover the debt [...]

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Can you include credit card debt in a bankruptcy?

Tuesday, July 27th, 2010

beehappy01 asked: 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.Edward

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Is there a way for credit card companies to forgive a portion of credit card debt?

Saturday, May 22nd, 2010

chrisandniki asked: Getting rid of debt is a priority in my family. We”ve been regular with our credit card payments. A word to you younger folks: never, ever use a credit card for anything.
I was curious if there was a way for credit card companies to forgive a portion of debt if you’ve been regular [...]

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What are the effects of credit card debt?

Tuesday, May 11th, 2010

DJ asked: Im doing a report on Credit Card Debt and there isnt much about the direct effects of being in credit card debt.
I know bankruptcy is an effect but what else can happen?Ramiro

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What is the best way to get rid of credit card debt?

Tuesday, May 4th, 2010

true blue asked: Hi All. I’m a recent college grad who is fairly new to the workforce and is ready to get rid of her credit card debt!! I was fortunate enought not to borrow much in student loans (a total of about $9,000), however by grad time I owed about 9 thousand [...]

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