Comments for Drowning In Debt http://www.drowning-in-debt.com Credit Repair Mon, 01 Feb 2010 01:23:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on Step One! Understanding the stock market by MILES MERCER http://www.drowning-in-debt.com/general/step-one-understanding-the-stock-market/comment-page-1#comment-1449 MILES MERCER Mon, 01 Feb 2010 01:23:20 +0000 http://www.drowning-in-debt.com/general/step-one-understanding-the-stock-market#comment-1449 This site was well done. This blog was very helpful.I am grateful for this information. This site was well done. This blog was very helpful.I am grateful for this information.

]]> Comment on 10 Top Ways to Earn Extra Cash At Home by 10 Top Ways to Earn Extra Cash Working From Home | Jack Stevinson's Long Hard Slog (blog) http://www.drowning-in-debt.com/general/10-top-ways-to-earn-extra-cash-at-home/comment-page-1#comment-1290 10 Top Ways to Earn Extra Cash Working From Home | Jack Stevinson's Long Hard Slog (blog) Mon, 18 May 2009 09:47:49 +0000 http://www.drowning-in-debt.com/?p=403#comment-1290 [...] 10 Top Ways to Earn Extra Cash At Home (drowning-in-debt.com) [...] [...] 10 Top Ways to Earn Extra Cash At Home (drowning-in-debt.com) [...]

]]> Comment on What kind of debt can be erased off your credit history? by timer v http://www.drowning-in-debt.com/how-to-get-out-of-debt/what-kind-of-debt-can-be-erased-off-your-credit-history/comment-page-1#comment-1263 timer v Tue, 20 Jan 2009 04:53:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=317#comment-1263 Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - creditreport.fateback.com<br><b>References : </b><br> Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service – creditreport.fateback.com
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]]> Comment on I want to file for bankruptcy but I consolidated and settled some of my debt. Help? by Rodney R http://www.drowning-in-debt.com/debt-help/i-want-to-file-for-bankruptcy-but-i-consolidated-and-settled-some-of-my-debt-help/comment-page-1#comment-1259 Rodney R Tue, 20 Jan 2009 04:43:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=316#comment-1259 Be careful! Make sure you seek help from a trusted expert in the bankruptcy field. You don't want to make a mistake that can harm your credit for a long time. Try calling a lawyer to make sure you do the right thing. http://www.bankruptcylawyersite.com<br><b>References : </b><br> Be careful! Make sure you seek help from a trusted expert in the bankruptcy field. You don't want to make a mistake that can harm your credit for a long time. Try calling a lawyer to make sure you do the right thing. http://www.bankruptcylawyersite.com
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]]> Comment on What kind of debt can be erased off your credit history? by bdancer222 http://www.drowning-in-debt.com/how-to-get-out-of-debt/what-kind-of-debt-can-be-erased-off-your-credit-history/comment-page-1#comment-1262 bdancer222 Tue, 20 Jan 2009 04:24:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=317#comment-1262 Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. Nothing restarts this clock. But just because the debt has aged off your credit report does not mean you no longer owe the debt. The Statute of Limitations (SOL), the timeframe to bring lawsuit, varies from state to state and type of debt. Check her for your state: http://www.bcsalliance.com/statute_of_limitations_on_debt.html. Typically the SOL starts from the last activity or last payment. Payment restarts the SOL. And even if the debt is beyond the reporting period and SOL, collection agencies can still try to collect the debt. They just can't report the debt to the credit bureaus and would lose in court if you used the SOL as an affirmative defense. The debt never really gets erased.<br><b>References : </b><br> Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. Nothing restarts this clock. But just because the debt has aged off your credit report does not mean you no longer owe the debt.

The Statute of Limitations (SOL), the timeframe to bring lawsuit, varies from state to state and type of debt. Check her for your state: http://www.bcsalliance.com/sta....._debt.html. Typically the SOL starts from the last activity or last payment. Payment restarts the SOL.

And even if the debt is beyond the reporting period and SOL, collection agencies can still try to collect the debt. They just can't report the debt to the credit bureaus and would lose in court if you used the SOL as an affirmative defense. The debt never really gets erased.
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]]> Comment on I want to file for bankruptcy but I consolidated and settled some of my debt. Help? by rayt721 http://www.drowning-in-debt.com/debt-help/i-want-to-file-for-bankruptcy-but-i-consolidated-and-settled-some-of-my-debt-help/comment-page-1#comment-1258 rayt721 Tue, 20 Jan 2009 04:22:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=316#comment-1258 Call your local united way services and ask for a referral to a low cost or no cost legal clinic in your area that specializes in bankruptcy. Your bills won't go away because you don't have a job or money. That's your problem, not your creditors. Bankruptcy is a legal (and emotional) process and could actually hinder your chances of finding a new job. Think seriously about the consequences of bankruptcy. Focus attention on filing bankruptcy AND avoiding it by finding a new job. You may have to work two jobs right now... do what you have to do. Once you get on your feet, start to save money for future emergencies. Find a local or internet support group to help you cope with the job search stress, financial stress, and everything else you have going on. It's time for professional guidance here... talk to United Way Services!!!<br><b>References : </b><br> Call your local united way services and ask for a referral to a low cost or no cost legal clinic in your area that specializes in bankruptcy. Your bills won't go away because you don't have a job or money. That's your problem, not your creditors. Bankruptcy is a legal (and emotional) process and could actually hinder your chances of finding a new job. Think seriously about the consequences of bankruptcy. Focus attention on filing bankruptcy AND avoiding it by finding a new job. You may have to work two jobs right now… do what you have to do. Once you get on your feet, start to save money for future emergencies. Find a local or internet support group to help you cope with the job search stress, financial stress, and everything else you have going on. It's time for professional guidance here… talk to United Way Services!!!
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]]> Comment on What kind of debt can be erased off your credit history? by bosscain http://www.drowning-in-debt.com/how-to-get-out-of-debt/what-kind-of-debt-can-be-erased-off-your-credit-history/comment-page-1#comment-1261 bosscain Tue, 20 Jan 2009 04:01:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=317#comment-1261 all personal and private debt can be erased,except taxes,child support,student loans, or anything to do with any government<br><b>References : </b><br>years of experience all personal and private debt can be erased,except taxes,child support,student loans, or anything to do with any government
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years of experience

]]> Comment on What kind of debt can be erased off your credit history? by SadieB http://www.drowning-in-debt.com/how-to-get-out-of-debt/what-kind-of-debt-can-be-erased-off-your-credit-history/comment-page-1#comment-1260 SadieB Tue, 20 Jan 2009 03:38:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=317#comment-1260 It really depends on what kind of loan it is. All debt is debt. To have it "go away" you would have to declare bankruptcy. The only type of loan that will not disappear no matter what you do (including bankruptcy) are student loans. If that is the case, you are stuck. The only thing you could hope to do in that situation is get a private loan or pay off the loan with credit cards to clear the debt from the loan and then declare bankruptcy.<br><b>References : </b><br> It really depends on what kind of loan it is. All debt is debt. To have it "go away" you would have to declare bankruptcy. The only type of loan that will not disappear no matter what you do (including bankruptcy) are student loans. If that is the case, you are stuck. The only thing you could hope to do in that situation is get a private loan or pay off the loan with credit cards to clear the debt from the loan and then declare bankruptcy.
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]]> Comment on I want to file for bankruptcy but I consolidated and settled some of my debt. Help? by hoodrach http://www.drowning-in-debt.com/debt-help/i-want-to-file-for-bankruptcy-but-i-consolidated-and-settled-some-of-my-debt-help/comment-page-1#comment-1257 hoodrach Tue, 20 Jan 2009 03:38:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=316#comment-1257 You should definitely get an attorney. If you can't afford a bankruptcy atty, you can go to legal aid (check the phonebook) in your area and get help. You can also call your state bar association and they should be able to give you a referral to a bankruptcy atty. There is a filing fee for bankruptcys (probably different in each state. I live in MI and it's about $275), and then any atty fees. I think that fee can even be waived if you meet certain income requirements. Usually if you have more than $10,000 in debt, you would potentially be a good candidate for bankruptcy. You should be able to include any unsecured debt, no matter where it is being handled right now. Bankruptcy can really hurt your credit, so make sure you've look at all other options before you do it.<br><b>References : </b><br> You should definitely get an attorney. If you can't afford a bankruptcy atty, you can go to legal aid (check the phonebook) in your area and get help. You can also call your state bar association and they should be able to give you a referral to a bankruptcy atty. There is a filing fee for bankruptcys (probably different in each state. I live in MI and it's about $275), and then any atty fees. I think that fee can even be waived if you meet certain income requirements. Usually if you have more than $10,000 in debt, you would potentially be a good candidate for bankruptcy. You should be able to include any unsecured debt, no matter where it is being handled right now. Bankruptcy can really hurt your credit, so make sure you've look at all other options before you do it.
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]]> Comment on I want to file for bankruptcy but I consolidated and settled some of my debt. Help? by rick d http://www.drowning-in-debt.com/debt-help/i-want-to-file-for-bankruptcy-but-i-consolidated-and-settled-some-of-my-debt-help/comment-page-1#comment-1256 rick d Tue, 20 Jan 2009 03:18:59 +0000 http://soundadvicepublications.com/debthelpblog/?p=316#comment-1256 bankruptcy lawyer will certainly cost you some dough. contact the state bar assosciation or a local law school for more local information. there are some very cheap lawyers that will give you the one size fits all bankruptcy or you can spend some cash and get a more detailed assesment and consultation with a professional.<br><b>References : </b><br> bankruptcy lawyer will certainly cost you some dough.

contact the state bar assosciation or a local law school for more local information. there are some very cheap lawyers that will give you the one size fits all bankruptcy or you can spend some cash and get a more detailed assesment and consultation with a professional.
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