Need advice from lawyer/person with experience – I live in Texas where they cannot garish wages. I am married, have 1 daughter and another on the way and make just enough to get by. My wife does not work. We have 30,000 in student loans, 10-15 thousand in credit debts, 25,000 for our 2 cars and over 80,000 on our house. We have literally 0 equity in any of these because our interest rates were so high when we got the house/cars. I am currently being sued by a plumber that we couldn’t afford to pay after he completed the job and it is the first of several probably to come as we cannot afford to pay our credit cards anymore because we don’t want to be late on mortgage and cars. When the court claims a judgment on me, what happens n
Posts Tagged ‘credit card debt’
It is a buyer's market – I understand that. Home equity loans, how do they work?
Monday, March 8th, 2010If I purchase a home for 0,000, but it is appraised for 0,000, will I have automatic built-in equity that I can use to consolidate ,000 in school loans and credit card debt? Or, will I still have to pay down some of the P&I in my mortgage before I can use the home equity? That is the situation I find myself in right now. Thank you!
HELOC PRIME RATE VS FIXED RATE.?
Sunday, February 21st, 2010I HAVE A HOME EQUITY LINE OF CREDIT. I HAVE TO PAY ABOUT 75,000 AND HAVE A FIXED RATE AT 7.45 %. MY MONTHLY PAYMENTS ARE MOSTLY INTEREST ABOUT 0. I TALKED TO THE BANK AND THEY SAID I COULD GET OUT OF THE 7.45% FIXED INTEREST RATE AND GET A PRIME RATE AT 3% AND I’D BE CHARGED A ONE TIME 0 CANCELLATION FEE. WHAT I WANTED TO KNOW IS SHOULD I CANCEL THE LOCKED 7.45% AND GET THE PRIME RATE? WHAT ARE THE PROS AND CONS?
What is the smartest way to get rid of this debt?
Tuesday, February 16th, 2010I have quite a bit of credit card debt. Should I use my savings to pay off this debt, or would it be smarter to use it as a down payment on a house, and then a year or so down the road take out a home equity loan to pay off the debt?
What kind of options do I have to get a loan to fix my home but don't have any equity in the home?
Saturday, February 13th, 2010I am refinancing my home this month from a 30 year 7.25 to 15 year 4.34 saving ,000 in interest. Problem is that any equity I had in the 3 years I’ve been paying, I’ll lose when I tie closing costs back in. My wife and I have excellent credit and no credit card debt (only student loan, home mortgage, and 2 car payments). Looking for about ,000. Should I go to a bank or put it on a couple cards??
I am in major trouble with my credit cards.?
Wednesday, February 10th, 2010I am three months behind on making a payment and I do not have the money to pay them. What should I do and should I consider calling a Credit counselor and if so can anyone suggest one.
I have a home equity loan, car loan, three credit cards and my bank account is over drawn. All of my house bills come stright out of my bank account so now my account is being charged 35.00 everytime this happens. For this month I owe approx. 2500.00 and have no way of coming up with that money. Someone please help me I am desperate.
Financial Question?
Wednesday, February 10th, 2010I am 48 years old, seven years my house will be paid off, I have approx. 40 thousand in retirement, last year started roth IRA, no credit card debt, but I a owe a credit union for a personal loan at 9% 00,and a 00 fixed 7% home equity loan. Ashamed to say no emergency fund. I want to move to flordia, I live in a suburb of detroit Mi, economy is bad here, so is this a good idea? P.S. I am a registered nurse. Thanks, Cindy
What is the best way for me to finance a new home A/C.?
Tuesday, February 2nd, 2010My bank was offering home equity lines of credit, but I have no equity so I don’t know that I would qualify for that and I really don’t need that much money, only 00-00. I read about Title 1 home improvement loans, but not sure if I would qualify or if it is the type of loan I would need. What are my options? I have a few maxed out credit cards already.
Related ‘credit card debt’ sites :
| Credit card debt - Wikipedia, the free encyclopedia Debt results when a client of a credit card company purchases an item or service through the card system. ... Credit card debt is said to be higher in industrialized countries. ... en.wikipedia.org/wiki/ | |
| Debt Shield Inc. You may be able to resolve your credit card debt once and for all through debt settlement. Call us today for more information and to see if you qualify! ... www.debtshield.com | |
| Credit Card Debt If you have a serious problem with credit card debt, these articles and resources can help. Get tips and techniques to pay off your balances, consolidation FAQ's, ... beginnersinvest.about.com/od/... | |
| Delray Credit Counseling Debt consolidation advice for free. Consolidate your credit cards, medical bills, and unsecured debt to save money without loans. Call 1-888-338-0393 www.delraycc.com | |
| Credit Card Debt Relief - Consumer Debt Solutions ... Take the next step to reduce credit card debt. Get a fast, free consultation with debt consolidation professionals - no obligation. www.creditcarddebt.org/ | |
| Debts |Credit Card |Debt Analysis Imagine your life with no credit cards debt, mortgage payments, car loans etc. We help our clients to enjoy this lifestyle in 5-8 years on average. ... www.powerdowndebt.com | |
| Knee Deep in Debt Unsecured debts are not tied to any asset, and include most credit card debt, bills for ... your credit card bills, student loans, and medical bills, according ... www.ftc.gov/bcp/edu/pubs/ | |
| Tips for Paying Off Credit Card Debt | Credit.com Pay off your credit card debt. In this article, we compare the effectiveness of three popular do-it-yourself debt reduction methods. ... credit.com/... | |
| Debt Agreements, Credit Card Debt Problems, Debt Relief, Debt ... Debt Agreement Services Australia can help solve your Credit Card Debts, Debt Consolidation Problems. We have experienced Bankruptcy and Insolvency staff to help you. www.creditcardebt.com.au | |
| DebtSynergy.com Accelerated Debt Consolidation is a full service Credit Counseling and Debt Management ... Credit card debt can be drastically reduced through a properly administered Credit ... www.debtsynergy.com | |