bankruptcy twice since moving to Montana but because of 'snafus' neither one was ever filed. I was wondering how long the creditors have to sue me in the state of Utah before the statute of limitations expires. I was also wondering what if any difference it makes that I'm now living in Montana. Thanks.
2007-02-20 17:10:07 · 6 answers · asked by shaun h 1 in Business & Finance ➔ Credit
Bankruptcy laws have changed. You can no longer use that to get out of paying credit card debt. Your best bet is to negotiate with the collector for a portion of the original debt. Insist that any negatives connected to the debt be removed from your credit report at all 3 agencies. They will tell you they can't do that, but they can. Above all, get everything in writing before you agree to anything or make any payments. If it 's not in writing, they will most likely hold you to the original debt and continue to report you.
2007-02-21 02:11:09 · answer #1 · answered by meowmeowkitty 3 · 0⤊ 0⤋
truly reliable solutions Your problem isnt the debt, it really is the way you cope with your money. once you're making 2600, your employ can not be by any means 2200. What do you eat? vehicle insurance? Emergency mark downs? .... First you want to diminish your employ by seven-hundred or so. locate a good position that has each thing protected. once you pass to the food market have the affordable. do no longer endulge or overspend. Open an oline mark downs expenses and placed 20 for now each month. Dont say you cant, you could. AH btw, the very truth you've debts has no longer some thing to do with mark downs.... you want extra money, get a extra appropriate job, or a second job. in case you have not paid late in the previous, with the intention to rescue that credit and remove that debt you want a really agressive plan. minimum funds wont do, interest will eat them. Why in the international you pay a lot on friggin employ??? Are you operating a bussiness from that you're making all of your money??? if so you want to get one or 2 wide-spread jobs and reduce the employ funds to proceed to exist. assume you want month-to-month 850 a month for employ (utilities protected) this will be even seven-hundred. 80 a month for foodstuff, asumming you comprehend a thanks to cook dinner and strech the dollar. one hundred thirty for vehicle insurance, = weak credit 60 = cellular telephone 2 hundred miscelanous prices = gasoline, etc a month = finished 1260 a month to stay. in the journey that your job promises 2600, wich is about 20 an hour, and also you get an element time for 10/h that promises at leasts 1000 money more suitable, which will be 3600 a month - 1200 = 2400 to pay on your debts You owe = 30890, Your debt to credit ratio sucks so that you cant ask for further. ignore about 0 % grants. So, Pay those 1300 first unexpectedly to boost your credit status a touch. Then pay the different playing cards. do no longer INCURR ANY NEW DEBT. in a unmarried year you need to be debt loose = 30890/2400 = 12.87 = one eyar aprox.... in case you could earn extra money or borrow out of your moms and dads you're inspired to succeed in this.
2016-12-04 11:01:29 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Bankruptcies are becoming more and more widespread as the proliferation of credit card debt escalates.
This is a national problem being borne by the middle to lower classes in their struggle to hold onto good paying jobs.
The credit card companies write off bad loans and then tack on various charges to existing credit card customers to pay for the losses sustained from those who have abandoned their loans.
This cycle continues onward without showing signs of slowing down.
There will be attempts to contact you, maybe even threaten you (which is usually prohibited by laws), but after awhile, and after a time period from bankruptcy, the process starts fresh all over again.
Donald Trump would be an expert on this subject. He filed for bankruptcy twice.
Welcome to the new America!
2007-02-20 17:18:58 · answer #3 · answered by Anonymous · 1⤊ 1⤋
Step one: Get a job.
Step two: Send a portion of your earnings to the credit card companies.
Step three: Repeat step two as needed on a monthly basis, until your debt is eliminated.
2007-02-20 17:23:57 · answer #4 · answered by russ 4 · 0⤊ 0⤋
Try getting a debt consolidation loan. Visit the website below
2007-02-20 17:56:04 · answer #5 · answered by Anonymous · 0⤊ 1⤋
get an attorney quick!
2007-02-20 17:18:36 · answer #6 · answered by investing1987 3 · 0⤊ 0⤋