My father in-law has incurable cancer, and outstanding credit card debt of about $55K. Can the credit card companies sue his estate or children to collect the outstanding balances on his accounts once he passes away?
I am being sued by a collection agency for an old (over 3 years) Visa credit card debt. I live in Alabama and the Statue of Limitations on Open Accounts is 3 years. I hired an attorney but he says that I probably will have to settle because it is not an open account but [...]
What is the best solution for credit card debt?
I am way in over my head, I have 6 credit cards and I’m over $40,000 in debt. I have tried to take out a loan at the bank to consolidate but i got turned down. I need HELP!
I am trying to pay off credit card bills ($2,000 in credit card debt), get a new laptop and set aside $2,000 for a deposit on an apartment for next year. Is it better to take out a personal loan or apply for another credit card and do a balance transfer on it. Thanks!
Hi All. I’m a recent college grad who is fairly new to the workforce and is ready to get rid of her credit card debt!! I was fortunate enought not to borrow much in student loans (a total of about $9,000), however by grad time I owed about 9 thousand in credit card [...]
My credit card balance is $30,000. Would it be best if I take out a low interest loan for this amount, or home equity loan, or just keep paying on my credit card bill monthly?
I read the other day that the Federal Government recently cut the interest rates to banks. I called my credit card company and they told me my approx $65K of credit card debt is still at 29.44% and hasn’t dropped yet. When can I expect my credit card rate to drop? I am going to [...]
I’m looking for record breakers here. I want to hear who has the most outrageous amount of credit card debt, for comparison purposes.
If I take a credit card cash advance and deposit this money into a money market account, is the interest on this credit card debt deductable on federal taxes? I have an unique credit card offer that would actually yield a significant profit if the interest is tax deductable.
I was contacted by collection agency an account that was charged off 8 years ago. They said they bought that debt and are reporting it on my credit.
I asked for written records with my signature to ensure that it was a real account that I opened. They said that it had been validated [...]
