Archive for July, 2009

Will the UK Government guarantee 100% of all £50,000 deposits in every bank group?

Tuesday, July 28th, 2009

Skidaddle asked: Is the revised UK bailout plan of the 7th Oct 08, to protect £50,00 deposited (net, i.e. minus any debt to that group) in any Banking group a full 100% guarantee or is it subject to a scale of decreasing percentages as the sum deposited increases or even a further reduction as the [...]

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2 credit card companies are offering 60% off balances, but want a full payment. Can I negotiate a pmt. plan?

Tuesday, July 28th, 2009

Robyn asked: If I can negotiate the payoff but I can’t get an affordable monthly payment plan, should I use an overdraft loan (set up for my checking account) to pay off credit cards? The interest rate is much lower and it would be one payment, as well as a significant reduction in my [...]

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Is it possible to negotiate unsecured credit card debt for deceased person?

Monday, July 27th, 2009

she_talks_in_stereo asked: There is an outstanding unsecured credit card bill from a relatives estate for about $10k. We were contacted by the card issuer that they would settle for about $6500. We called back and offered what we have, which is $3500. The card issuer dropped the settlement amount to $5k and [...]

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How does credit counseling and companies that offer debt repayment programs work?

Monday, July 20th, 2009

Estebanico asked: Like many people in America, I made stupid decisions in the past, and because of that, I have a cumulative credit card debt of about $25,000. Both my wife and I work full time to raise our 2 year old girl, but it’s just impossible to keep paying our monthly payments on time [...]

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The Following is an excerpt Lucent Technologies Management?

Friday, July 17th, 2009

tasheeepoo asked: The following is a excerpt from Lucent Technologies Management? Executive Summary We design and deliver the systems, software and services that drive next-generation communications networks. Backed by Bell Labs research and development, we use our strengths in mobility, optical, access, data and voice networking technologies, as well as services, to create new revenue-generating [...]

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Fiscal Conservatives: What Are Your Priorities?

Tuesday, July 14th, 2009

Flywheel asked: I’ve read the economic goals of libertarians and fiscal conservatives, but it’s occurred to me that not all of the goals are mutually inclusive.
For instance, it’s possible to enact a flat tax and lower everyone’s taxes…or you could enact a flat tax and raise everyone’s taxes.
Which of these goals matter the most to [...]

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how do i make sure the lender doesn’t go after me for the remaining mortg balance if i short sale my house?

Sunday, July 12th, 2009

sweetie asked: Iive in ca and my house is about 200k underwater. i want to try short selling it if possible but how do i make sure that i get the cancellation of debt AND don’t get taxed in the end? my last option will be foreclosure or bankruptcy but not sure if i would [...]

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Can I claim bankruptcy and still keep my house?

Friday, July 3rd, 2009

Serious asked: I have quite a bit of credit card debt and a boat that is way upside down and have taken a 40% reduction in pay. I am finding it very difficult to stay afloat.Andrew Mueller

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