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  • Dealing with Credit Card Debt

    Posted by admin on June 5th, 2011 and filed under credit card debt | No Comments »

    http://www.payasyousettle.com/debt-options/ An excellent informative site and service to help anyone with credit card debt.A step by step video talking about the reality of credit card debt, and how the credit card companys are really charging you 83.3% interest.

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    Credit card debt scams

    Posted by admin on June 4th, 2011 and filed under credit card debt | No Comments »

    http://www.payasyousettle.com/debt-options/ Find debt settlement help with no upfront fees and a great BBB rating by clicking the link

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    PSA – Credit Card Debt

    Posted by admin on June 2nd, 2011 and filed under credit card debt | No Comments »

    watch then laugh

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    Avoiding Credit Card Debt | Warren Wilkinson | Expresso SABC 3

    Posted by admin on June 1st, 2011 and filed under credit card debt | No Comments »

    Avoiding Credit Card Debt | Warren Wilkinson | Expresso SABC 3

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    College Student’s Credit Card Debt

    Posted by admin on May 31st, 2011 and filed under credit card debt | 2 Comments »

    hollylovestexashttp://gdata.youtube.com/feeds/api/users/hollylovestexasTechCreditCardsCollege Student’s Credit Card Debt

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    CNN: Protecting military families’ finances

    Posted by admin on May 28th, 2011 and filed under credit card debt | No Comments »

    Holly Petraeus explains the CFPB Office of Service members Affairs’ financial literacy initiatives.

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    What is the best way to consolidate credit card debt with low income?

    Posted by admin on May 27th, 2011 and filed under credit card debt | 5 Comments »

    I have racked up about $10,000 in credit card debt stemming from college and medical expenses. What is my best option as I am still a student and working with a very limited budget? Are there hidden catches to debt consolidation companies; if so what?
    What is the best way to negotiate with creditors to lower the debt?

    i say do it your self — down size your life style to the bare bones and only buy what you need now what you want — than take the credit cards and start paying they down with each getting the required payment and the highest interest receiving any money that is left over from your new life style!!!

    Credit Card Debt Relief Agency, Call (800) 981-5323 for Relief

    Posted by admin on May 27th, 2011 and filed under credit card debt | No Comments »

    Credit card debt relief agency – Call Debt Help Center USA at (800) 981-5323. With no upfront fee, they can help you settle your debt for far less than what you owe. You must owe $10,000 or more.

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    Prayer Against Credit Card Debt

    Posted by admin on May 26th, 2011 and filed under credit card debt | No Comments »

    Prayer Against Credit Card Debt

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    Can credit card companies try to collect debt from parents children?

    Posted by admin on May 25th, 2011 and filed under credit card debt | 12 Comments »

    So my dad has tons of credit card debt. And theres no way hes going to be able to pay it all. Since he has cancer and will probably be dead in less then a year.

    Will the credit card companies come after to me to collect the debt he owed?

    I currently work for a probate collection company and hear this question every single day. Let’s make this clear. NO ONE OWES A DEBT UNLESS THEY SIGNED TO TAKE RESPONSIBILITY FOR IT!!!. Now that I have that out of the way, a lot of collectors will ask if the family wishes to make voluntary arrangements to clear the deceased’s name. If people have the money or are willing to divert money to do it, they will. If they don’t or can’t, they won’t. It is really that easy.

    Unless there is an estate being filed in probate court to name someone in charge of the deceased’s assets, no one is responsible to pay the deceased bills that are in their name alone. Even when an estate is filed, the executor of the estate is only responsible to the extent of what the estate can do. If the estate has no or little cash or assets, it is considered insolvent and can’t pay the deceased’s bills or it pays them at a percentage of value as of the date of death. The executor is not personally responsible in any way unless they are a cosigner on any debt and then only on that specific debt.

    One big mistake a lot of people make is in community property states. If the assets are in one person’s name only in a divorce, they can be equally split by state law. In death, they remain in the name of the person who had them to begin with. We recently had to order a widow to sell her house of 30 years because the house was only in the deceased husband’s name and she had no money to pay the bills off. The house, though, was paid off completely & was able to be sold for $3 million so she was able to pay off the bills