I seperated from my husband, I have credit cards that were a joint effort. I pay the minimum payment due each month on them, but I am paying interest only. I ask my bank about a consolidation loan, they said i am better off doing what i am doing then paying a loan. Its [...]
Archive for August, 2009
I have signed a personal guarantee on a loan from a bank. With the economy downturn I may not have the funds to make repayments. Can I transfer/gift assets to my children now in the event I have to declare bankruptcy in the next 12 months?
I filed a bankruptcy and did not declare money I got from an insurance claim from my accident Does this money have to be declared My bankruptcy was 21000 I got 52000 Will I get in trouble
Here is my situation:
- I am a single mother,
- I work part time
- I make about $1400 per month
- I attend university full time
- I have 2 years left
- I owe about 53,000.00 in credit cards and lines of credit
Is bankruptcy my best option. I really don`t want to file for bankruptcy, but what [...]
Hello,
I am in my late 60`s, am married and between me and my husband have approx. $55k in credit cards. We rent, lease a vehicle and don`t have much property. I feel kind of foolish, but until just recently I thought we could afford to get out of this by making regular payments [...]

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