Bill_J90 asked:


I’m thinking I do have to report it, but I’m not sure how. I did get a 1099-C listing the amount of forgiven debt.

Lois

Triple Nipple asked:


What happens to credit card debt when one’s parents pass away in the event that they do not have an estate, BUT the children do have an estate (real estate, etc)?

Morbid, but just wondering.

Jimmy

nikhs84 asked:


I noticed that one of the companies has its debt listed on stock exchange and is equity is privately owned by its parent. How does this work?

Rita

Sardonia asked:


It’s been about 3 or 4 years and I have 8500 dollars or so in collections from 15 or so different collectors. Some from medical, credit cards, etc… I honestly don’t know the best way to find out how much I owe who anymore. I look on my credit reports but they have a ton of entries for the same debt. Would it be a good idea to just write a letter to each and every one of the collectors, or go to a credit consolidation place and have them do it for me? I want to be rid of this once and for all, but now just have no clue how to go about it. Thanks, Brandon

Stacy

starryeyed75 asked:


I have a $1,500 debt with University of Phoenix online. They lied to me on several occasions and grossly misrepresented themselves in an attempt to get me to take classes with them. I will never be able to use the credits I earned, and I dont believe I own them a cent. How does one go about disputing a debt. They have turned this matter over to a collection agency.

Julia

Brad asked:


Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question then - what if that person’s estate does not have enough money to cover that credit card debt.

Glen

LyndseyGetsLucky asked:


I am way in over my head, I have 6 credit cards and I’m over $12,000 in debt. I have tried to take out a loan at the bank to consolidate but i got turned down. I can barely afford the minimun payments and it has ruined my credit. I need HELP!

Kim

Krista F asked:


I recently switched jobs making significantly less money. Now I am past due with bills and am getting some pretty rude calls from creditors. I want to pay them but am having a hard time. I have been seeing commercials about debt settlement and needed some help deciding who to go through. I have a little less than $12,000 to pay off. Please site sources when you can and THANKS ahead of time!

Sherry

violet46 asked:


I’m not talking about those debt consolidation programs, where they settle your debt and you make payments to them. That actually adversely affects your credit. But what other ways are there?

Sandra

Jeff asked:


I had good credit, but I purchased a new motorcycle, and unlike a bank load when you purchase a car, they gave me a credit card with a high enough limit to buy the bike (in my case $9800). It’s down to about $8800 and I have about one year left at 6.9% APR before it sky-rockets. I also have two credit cards, one with about $1800 at 24% APR and the other with $2800 currently 0% APR.

I would like to combine all my debt and keep the APR down.

Anyone had good experiance with any debt consolidation companys?
I meant bank loan not load.

Manuel