Monthly Archives: June 2009

Has anyone read books that say you can be debt free in 3-5 years?

Christine asked: There are books out that say you can be living debt free, that is including your house payment in 3-5 yrs. They claim it is simple and amazing math. I would like to invest in it to find out, but don’t want to be scammed.Melvin

Posted in Credit | Tagged , | Comments closed

Is foreclosure debt relief still taxed or not?

Chuck Z asked: Recently, there was talk that the IRS was changing its rules so that debt relief experienced by persons who lost their homes to foreclosure would no longer be taxed. What’s the status on this rule change?Rosemarie

Posted in United States | Tagged , | Comments closed

I was watching the latest zeitgeist movie and it said that only 4 countries are debt free what are they?

Arthur U asked: I was watching the latest zeitgeist movie and it said that only 4 countries are debt free what are they?Jamaal

Posted in Government | Tagged , | Comments closed

Has anyone ever used a debt management service? How did it affect your credit rating? Would you reccommend it?

mom24athome asked: I want to eliminate the rest of my credit card debt. I see the ads for debt management services where they work with your creditors to reduce your interest rates, then combine all of your debt together, where you pay them one payment per month. My husband thinks this will reflect [...]

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What is the best program for consolidating or debt settlement?

jen asked: I need to consolidate my debts, either by getting a loan (unlikely with my credit) or through a settlement company. I want to use a good one, though, so does anyone have any recommendations? I could easily file bankruptcy with my income and lack of assets, but I would rather pay off the [...]

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How can I become debt free and more responsible in 09?

ICU2007 asked: I am trying to start the new year off right. I want to get out of debt and become more responsible when paying may bills. I am in the process of paying of mybankruptcyy. Does any one have useful suggestions for me. Or a system that seems to work for them?Sophia

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How do you feel about the debt settlement companys?

giggels22 asked: Hello to everyone,
I was wondering your opinion on the debt settlement companys.. The company we are considering going with so that we dont have to file bankrupt has an EXCELLANT report from the better business bureau….. I have read through all the sites and everything and this seems like a good idea so [...]

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How do I create a debt management program?

rejavanation asked: I did an internet search and all lead me to already established debt programs. I want to set up my own debt management program, which can negotiate with creditors, consolidate loans etc… How do I get started?
I reiterate: There are literally thousands of debt management, consolidation, counseling website and resources. I am not [...]

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Can you get a home equity loan while in a debt management program?

disappearingact asked: I just entered a debt management program to get control over my credit card debt. I have done this seperate from my husband. Only my credit is affected. Just after I entered into the program, my husband started showing interest in a home equity loan to consolidate our debt (his [...]

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How can I get the location where jobs are advertised by Debt Management Office of Nigeria on-line?

feda asked: My friend informed me that I should check www.DMO.gov.nig advertisement has been placed for empolyment by Nigeria’s Debt Management Office I searched for the advert at that address and the application must be made on-line but I cant find the location can someone please help me out?Hilda

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