Boston Business Daily

debt????????????? i am in like over $30,000 debt. is there anyway i could make money with out really budgeting? keep in mind that i own a store, so i have to buy items for it everyweek. oh yeah. and theres a baby in my family too. and ive previously owned another store.

Debt ????? IM looking for a good company that can help me out with my debts. I have over £10000 worth of debt to different things like credit cards and unsecured loans. Does anyone know of a company that could help me out with either a loan or a debt management.

How to claim debt which is linked to a property from executors who have not issued their probate? If there is a debt on a property owned by a person who is now deceased, how can the debt be collected if the executers do not issue their probate? The executers have been asked to pay the debt however because they are not issuing their probate I cannot claim the money owed to me from them. It has been quite some time since they were asked to pay the debt. Any advice on how I can get my debt.

How was debt and debt remission used by incoming kings to consolidate their power? How was debt and debt remission used by incoming kings to consolidate their power? Why was this practice so important? What kinds of things do politicians promise today analogous to the practices of old? What is the 21st century "debt remission?"

What debt reduction /consolidation agency that will give high discount to help pay off credit card debts? I need help with paying off my credit card debts. There are so many debt reduction /consolidation agencies that I don't know which one is good/authentic and will give the best rate (discount). For those who had gone through this experience, please advise. Thanks.

How to confirm if you have a legitmate debt when debt collectors are sending letters? How to check to see if the debt is really legit? I know there's a statute of limitations of 7 years that prevents debt collectors from contacting you but what happens to the debt after that time frame? Also, if you get a letter from a debt collection agency stating you owe a debt, how to prove that the debt is real and you do in fact owe?

How much debt is allowed to enlist in the air force? I was wondering what the debt limit is on enlisting in the air force. I know that they can deny someone for too much debt. So what is the max debt allowed?

How do you settle debt with credit card companies? I've got some debt that's currently in collections. And I got to talking to one of the debt collectors and he revealed that the average company is willing to settle for about 75% of the debt owed. But since they're basically screwing you with outragous interest that never allows you to really pay off the principal debt, are they willing to settle for even less. What are some useful tricks when dealing with these parasites?

How old does a debt have to be, before you are no longer legally bound to pay it? I remember hearing once that a debt after a certain amount of years, is moot. Does it depend on the state where the debt occurred or you current state of residence? I heard that collection agencies that specialize in buying old debts, to try and collect on, HATE for people to know about these laws. Where does one look up information about this? And what exactly does one do to bring it to the attention of the collection people, that you are no longer obligated by law to pay on such an old debt?

What debt settlement companies are trustworthy and have the best rating? I have credit card debt and am looking for a debt consolidation company that I could do business with. I'm looking for the best rated company. Having an excellent rating with the Better Business Bureau would be a plus. Thanks.

How do debt collection companies start up? I'm kind of young, but feel that I would be very successful in the debt collection business. I want to change how they treat people and I really want to be my OWN company. How can I go about setting one up? Where do I find the debt? Please help!

How can I get debt consolidation with hospital bills and non credit card debt? I have a bunch of hospital bills that really cost me in credit scores. I really want to try to consolidate it but I can't find anyone who does debt consolidation without credit card debt. Any suggestions?

Can a debt that has been charged off 8 years ago continue to be sold and put on your credit report? In other words, you don't pay a credit card debt. It goes into collections, then it is charged off and reported on your credit by original creditor. Then over next 8 years it gets sold to multiple collection agencies. Can they continue to report it as bad debt especially since the statue of limitations has expired? What can you do to stop it?

What is the most debt you have eliminated in a year? I need some motivation people! I want to commit to reducing my credit card debt this year; but, it seems a bit overwhelming. Please share stories of how you reduced your debt. Maybe that can psych me up to keep sacrificing and paying off these debts. Thanks!

How much debt is too much when you want to apply for a home loan? I would like to apply for a home loan, but I have some credit card debt. I have good credit - never missed a payment, never been late, etc. I just don't know if having credit card debt will cause me to be declined.

What happens when a debt goes to a lawyer for debt collection? I have been out of work for a while and became unable to pay on a credit card debt. It has been about 90 days since my last payment and I just got a letter from a law firm stating they will be pursuing collecting the debt. I am still out of work and have no means to pay. What can I expect from this process?

What happens when someone pays his debt in a fractional-reserve banking system? What happens when someone pays his debt in a fractional-reserve banking system? Is only his past debt subtracted from the reserve or also all subsequent debts that was loaned to other people with his initial debt? For instance, a person A borrows 100$ then it becomes part of the reserve, then a person B can borrows from his deposit 80$, then a person C 64$, given a reserve requirement of 10% for banks.

What is the best debt counseling company? What is the best debt counseling company? I'm trying to help my friend get out of massive credit card debt. I need a good, reliable debt counseling company.

Can a debt continue to accrue interest after it has been sent to a collection agency? I have a debt with a bank that went into default and is now with a collection agency. I've been told that the debt is continuing to accrue interest. Is this possible?

How is debt sold by our government to other countries? How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works? Thanks, I need lots of details and really want to understand so thanks again for your help!

How do you know which debt settlement or debt consolidation program to choose, when theirs 1000's out there? How do you know which program is good and which one is right for you. I heard their is a way to check there beruo report or something, not sure what its called. How can you see the results and reputation of the debt settlement program or debt consolidation program.

What is the difference between an overdraft and debt? My husband has run almost £2000 overdraft and he says its not debt just an overdraft, nothing to worry about. I am worried sick and I still see it as debt! He had just finished paying a massive debt last year which took him over 10 years to pay off. Now he's started a small one without telling me. I made him promise to tell me if he had any problems with money which he failed to do so. I helped pay off a few of his urgent debts in the past. I can't afford £2000 debt right now as things are different now we have young children and I'm unemployed.

How many months left on debt to not consider it when qualifying for a mortgage? I heard from a friend that if a car payment (or any debt for that matter) is below a certain amount of payments left, it is not considered a debt (for your debt/income ratio) when qualifying for a mortgage. Is this true? How many months left until it is not considered? Thank you!

How can i settle my debt with multiple creditors harassing me every week? I owe about 2 grand of debt to different debt collectors. I work and attend college like most young adults my age, but does not make a lot of money every 2 weeks. I really want to get rid of my debt but does not know the best way how. What should I do?

Can debt collectors come after your assets if your spouse incurred the debt before you were married? My fiance has a debt collector coming after her pretty aggressively and in not the most ethical way (in CA). She has a car (still paying on it) and no other assets. I own a house with more equity than here debt. Can her debt collector come after my assets once we are married?

External Debt: What is the composition of America's external debt and to whom is it owed? I know the US external debt is around 12 trillion, but what is the composition of the said debt? Treasury securities? What? And second, does anyone have figures for who owns this outstanding debt? I have heard for example that China owns anything from 400 Billion to over 1 trillion. Does anyone have definite figures of these?

What happens to people in debt when the dollar collapses? If the dollar gets reduced to zero and some person has thousands of dollars in credit card debt or mortgages, what happens to them? Are their debts wiped away? Are their assets going to be seized? I don't have debt. I just finished paying off the last bit. I'm just wondering. I don't literally mean reduced to zero, I mean fairly close to the point where currency traders unload the dollar on the world market. A dollar crash.

How have countries converted public debt in the past? Charles P Kindelberger mentions in Manias, Panics and Crashes that large-scale conversions of public debt occurred in 1822, 1824, and 1888. He also says interest rate declines were associated with the public debt conversion. Which countries have converted public debt and what did the creditors get in return? Is it correct to assume the debtor's currency is devalued and the government nationalizes private property to do so?

How do I find out which debt collection agency is holding my old debt? I had a rough time a few years ago, and stopped paying my credit cards and cell phone to be able to keep paying the rent and then i lost my job, it was all sent to debt collectors. I'm ready to get this taken care of so I can rebuild my credit somehow, but I don't know which companies hold the debts. How do I find out? I haven't heard from any of them in almost a year.

How many times can the same debt be placed on your credit report? I have had the same "debt" put on my credit report by the original lender, a collection agency over 2 years ago and now a brand new collection agency. I questioned the original debt on my report and they removed it, and now, it has obviously been sold to another collection agency who has put it back on my file. The original debt wasn't even mine, it was my husbands so I don't even know how it is getting on my file. If it helps, I live in Ontario, Canada.

How does the debt collection process work on an unsecured loan? I am 105K in debt(mortgage, student loan, car and the unsecured loan) and lost my former job due to lack of work. I got a new job but I am out 15K/yr. Through much juggling, I am paying off everyone except the unsecured loan on which I am paying 30/month(they want 260/mth) and they are unhappy I am paying them so little and threatening to sue me. I am trying to sell the house to pay off the mortgage and the personal loan and this is still at the original lender level. I am hoping I will get to work with a collections agency first since I can offer them the 30 I am now paying the creditor and when I sell the house I can pay the bill in full and have the credit bureau remove the blotch from my credit by showing evidence of payment. Do they go to collections or sue first?If they do sue,will they garnish my wages or freeze my checking account(no savings) or both? How does the debt collection process work on an unsecured loan? Tried debt consolidation but my house is not worth enough to do it and having other debt attached to it would reduce my chances of selling the house and paying off the mortgage and the personal loan. I am really looking for info on how the debt collection process works,not how to get out of debt. I have that part figured out unless I get sued. Thanks Thanks Taja but I am asking what the collection process is. I owe 105K out of which only 9K are unsecured debt. I am paying everybody except for the unsecured debt (to preserve my assets) and paying this unsecured creditor 30 a month hoping to sell my house to pay of the mortgage and the unsecured loan which will get rid of 64K off my debt and put approx 4 K in my pocket to move to an area with a better pay labor market. I am trying to find out (by learning how the collection process works) if I am going to have time to get this done before I have to worry about their coming after my wages and/or checking bank account. In other words, if I can work with a collection agency to which I can offer payments and pay the 30 I am now paying until I can sell the house. I already tried debt consolidation and I can't get a loan for 105 K with a house that is worth 79K as the only collateral. The rest I owe is my car and student loans which must be paid or they will be worse than this creditor. BBOYBALL: My mortgage is in perfectly good standing since I pay that before I even buy food. It is the only assett I have and I want to move to an area where I can work without having to commute an hour to do so. That is why I am selling the house: to move and to pay off the mortgage and the personal loan I took out to buy a new furnace and remove asbestos. I am willing to sell for 76K.

What is the total budgeted federal debt of the United States government? I need to know what the total budgeted federal debt it. I have found the actual federal debt, but not the budgeted federal debt. Need help ASAP! Thanks!

How can a debt collector use different cell phone numbers to call you? I have a debt collector that keeps calling me and using different local cell phone numbers. Even though I keep telling them that the debt is paid off and I have my cancelled check that I keep faxing to them over and over and over again, they won't stop calling me. How is it that they can use other people's cell phone numbers? And is there a chance they use mine to call people?

Is Debt Consolidation the Best Way to Go and If So How Should I Go About It? Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.

What is a good percentage of debt to total assets in personal finance? I think that I would feel comfortable to have 30% of my assets in debt, but I never had debt before, so I am not sure about that. For instance, if my total assets are $100,000, then I would feel confident in getting $30,000 in debt.

Is credit card debt considered an open account or a written contract? I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the State of Georgia, the Statute of Limitations may or may not apply. The Staute of Limitations is 4 years for open accounts and 6 years for written contracts. Does anyone know for certain which type applies for credit card debt in Georgia? The account is with Citibank MasterCard and was opened in the late 80's or early 90's. Thanks.

Can Asset Acceptance LLC resubmit a debt to the credit agencies after statute of limitations? Asset Acceptance is holding two small utility debts of mine. The statute of limitations has run out but they resubmitted the debt to the credit agencies as if they are new. Can they continue to resubmit a debt after the statute of limitations has run out? How do I fix this?

What is the best way to settle credit card debt? I am in search of a company or method that will allow me to settle or consolidate my credit card debt. I have researched some companys but I am not sure what is real or a scam. Fidelity debt solutions is one of them. Has anyone had any luck with any of the debt consolidation programs or debt settling programs? Let me know. I need help.

What happens to the debt in an acquisition? When company A pays a 15% premium to acquire the stock of company B, what happens to the debt of commpany B? Does company A absorbed the debt, pay it off? Is company B responsible for paying it off?

How long can a debtor chase a debt is there a statute of limitations? A bill that was disputed and the company agreed to right off is now after four years of hearing nothing being chased and we are being threatened with it being passed to a debt company. We recently updated our account which we have had since the dispute and I think this old debt has suddenly appeared through that. Can they chase a debt which they have not chased in four years

What is the best website for Christian debt consolidation? I have been reviewing different websites for help with my credit card debt. Because of religious beliefs I am hoping to find someone that can offer Christian debt consolidation. Does anyone know who are the best Christan debt consolidators?

How long after a debt has been created can a creditor report to the credit bureau? I had some medical bills from 4/10/01 that I didnt not pay in full. I was harassed for awhile by collections and then left alone. This debt was never reported on my credit record and has never showed up. Today on 2/14/2007 (6 years later) I receive a letter from a collections agency telling me to pay up or be reported to the credit agency. I am afraid to call because I heard making contact with them could cause the statutes of limitation to start up again. My question is, If I ignore them, can they really report this to the credit bureaus since the debt was from 6 years ago? Is this just a scare tactic at this point- keep in mind I havent heard from them in 5 years until now all of the sudden. I live in Texas btw

What is the best debt consolidation company at the moment? I have over 10,000 dollars worth of credit card debt. should I consider consolidating? I can afford the payments no problem, but in the long run, the interest may be more than what I could have paid if I was in a debt consolidation program. Does that make sense to you? Thank you for your time.

What is sole benefit of property and debt in a divorce? I live in Minnesota going through a dissolution of marraige. My understanding is marital property and debt is divided 50/50. Each party keeps all property and debt prior to the marraige. I believe like a car is considered sole property when that person is the only one who uses it. I believe the debt still will need to be paid to me even though it is consolidated in other loans.

How long after a debt settlment program does your credit go up? On average how long does it take? Once through the program if you compare 2 people, one with debt and high score. The other with "bruised" credit and no debt and almost high score which one is better?

What does debt relief companies do for you? How do they proper? Is what they do legal and does it really stop collection calls? What if a person is already in a payment program where they have access to your checking account and you turn your debts over to a debt relief company? What is the procedures. Is using a debt relief really worth it to get out of debt?

How do you determine total debt for for debt ratio? Im having trouble determining the total for the debt ratio of total debt divided by total assets. I need Wal-Marts total debt, but not sure what categories on the balance sheet are included. Do I add total current liabilities, long term debt, long term obligations under capital leases, deferred income taxes and other, minority interest? I just need to know what to add up to get the total debt for Wal-Mart 2008. Thank you!

Does anyone know if Debt Elimination programs really work without bankruptcy? I filled out an online application for information about getting rid of debt, and I've heard that you can legally eliminate your debt?? I've know that Settlement is a good option, but not sure about Elimination. Anyone know?

How far can the National Debt go before China and other countries decide to stop lending us money? The National Debt is currently at 12.5 trillion dollars, and rising by the second. Now, it doesn't look like that money will be paid off anytime soon. It is the result of years of massive military and social spending, predominantly. Under Reagan, the National Debt rose substantially due to the ridiculous military buildup that the government oversaw, along with massive overall government expansion, and during his presidency, the US went from being the largest creditor nation on earth to the largest debtor nation. So my question is how do we take care of this problem?

How can bush doubling the debt in 8 years be good, but obamas spending is a disaster? Well, reagan/bush sr quadrupled the debt from 1 to 4 trillion. Bush jr doubled the debt from 5.7 trillion to 10.7 trillion in 8 years. Do you get sick of hearing these idiots complain about obama spending 787 billion and saying it will lead to massive hyperinflation? It is pointless to reason with these people. Good night.

Do these cases of government debt and budget deficit indicate potential problems for the economy? Does the size of the government's debt and the size of the budget deficit indicate potential problems for the economy in any of these cases? 1. The government's debt is relatively low, but the government is running a large budget deficit as it builds a high-speed rail system to connect the major cities of the nation. 2. The government's debt is relatively high due to a recently ended deficit-financed war, but the government is now running only a small budget deficit. 3. The government's debt is relatively low, but the government is running a budget deficit to finance the interest payments on the debt.

Tyrannosaurus Debt. How many people realize the money for the economic stimulus does not exist? There is no real money to fund this. It will have to be borrowed. More debt. How can more debt fix debt?

How much debt would disqualify you from getting a security clearance in the army? Is there an exact amount of debt or is it if you have any kind of bills in collections no matter the amount? I have a couple of bills in collections that equal to about one thousand dollars. Would that disqualify me from getting a secret security clearance from the army? If anyone knows the amount I would appreciate the help.

How much debt is a plastic surgeon in after college? After taking all of the schooling and the years of residency and everything then your off on your own making your own money and fixing people up, how much debt will you be in after all of those years of taking out loans to get where you want to be? Oh its a Cosmetic surgeon if that helps any. (Also what classes should i take during high school to help me get into a good college?) Also if there is a website or any other information on Plastic surgery that i should know will you please give me the link to the website. Thanks.

How is China buying our debt if they are one of the poorest countries on earth? China is supposedly buying more than 1 trillion of our current debt. I am aware that we have a trade deficit but it is no where near that amount. So how are they buying our debt? Or are they?

Has anyone had any good experience with debt reduction programs? How much will a debt reduction program lower? Has anyone had any good experience with debt reduction programs? How much will a debt reduction program lower my credit score,and is it a good idea to use one?

How much of the national debt was carried over from the Bush Amdinistration? Bush took office 9 years ago with a financial surplus left by Clinton. In the eight years Bush was president our national debt went up almost three times what is was when he took office. The Obama administration is now showing the greatest national debt in our history. That debt includes a great amount of debt left by Bush - anyone have any idea where a person can find out what the national debt was on 1 January 2009?

How much debt would it take for you personally make the decision to file bankruptcy? I know bankruptcy should be a last resort but some people have different personal limits. I would like to know your personal answer. What's the least amount of debt it would take for you to make the decision to file bankruptcy? And what is your annual income if you don't mind?

Is financial analysis and consolidating debt really worth it? My boyfriend and I just had a financial analysis done but haven't gotten the results on our options yet. Is it really worth it to go through with this? Has anyone had experience on it? I mean we have debt but not so much we can't handle. On the other hand we are both mid-twenties and have no retirement savings started and we are not able to put much, if any, in our savings accounts. We will have the option to consolidate debt, start retirement accounts, have money to put in savings, and get better life insurance. Is this just a ploy for the financial company to prey on young people or is this real? Please help!

How much debt would prevent you from getting an apartment? I have good credit and so does my fiance. We just have a lot of credit. I was wondering how much debt is ok and how much would disqualify you from getting an apartment.

does disputing a debt on your credit report re-start the statue of limitations? I disputed some items through Experian and Equifax. Does simply disputing the debt re-start the 7 year count down? Thanks.

How can I pay off unsecured debt if I move abroad? I am planning a move to the Dominican Republic from the US. I have unsecured debt (school loans and credit cards) which I want to repay, but the average income in the Dominican Republic is much lower and I know I would not be able to make minimum payments. Can the debt be converted or possibly bought out by a bank there or something like that?

How is debt sold by our government to other countries? How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works? Thanks, I need lots of details and really want to understand so thanks again for your help!

Can debt relief services affect your credit if you use them to lower your interest rate? I am planning to sign up for Care One debt relief services to help me consolidate my CC debt. Do you think this will actually work? will this affect my credit rating? Does anyone have an opinion about this company and their services. I was reading their blog and for the most part it sounds like it really works but I'm trying to search for more answers. Thank you in advance for any suggestions or feedback.

If I respond to a debt collection agency does this start the Statue of Limitations all over again? I live in Texas and I am being hounded by a debt collection agency. I do own this debt, but I have not responded to their endless phone calls and text messages. I was told the minute I have any contact with the debt collector this will "Restart the Statute Of Limitations" and this just gives them more time to harass me or file suit. I 'm not sure but I think the Statute of Limitations for Credit Debt in the state of Texas is 3 years.

How do I reduce my debt owed to a collections agency and get a fair settlement? I've recently had to move out of an apt and have broken the lease (my first time ever). I had to do this due to financial difficulties. The apt. complex turned my debt owed to them over to collections after I didn't pay for only two weeks and is now telling me that I have to pay $900 out of $1094 that I owe. I'm thinking that they should be allowing me to pay a much smaller settlement. Any thoughts?

How much debt can be on a single credit report in order to buy a home? The bank told me under $5,000, is this correct, or did I hear him wrong? And if you are buying a home does your spouse have to be on the loan? I know the deed needs both names. Any advise on home loans and debt would be great.

You hear about credit card debt all the time. What do you do when the debt is medical bills? Most of my debt consists of medical bill leftovers (the amount after insurance) that has gone to collection. I have not seen anything that deals with those types of bad credit. They say medical is not supposed to affect your credit but it does.

How much does having bad debt effect getting a federal law enforcement commission? I have some bad debt that I am trying to get cleared up. I'm now on a payment plan w/a debt management company, but wanted to know if they will take that into consideration when it's time to get my commission.

How can I get a debtor to remove a settled debt off credit report? I filed my taxes today and included a 1099c form for a credit card debt of $10,107. Now that this debt is paid, how can I get the credit card company to remove this from my credit report so my credit score can go up. All of my bills are paid on time and I only have one debt left that is a positive on my report. My goal is to be debt free and buy a house this year.

Are promises from debt settlement lawyers too good to be true? Can you trust a law firm that says they can settle you debt? I know debt settlement companies are not too good sounding, but what if it is a lawyer?

Can Republicans seriously talk to anyone about reducing debt? The last 3 Republican Presidents have run up our national debt outrageously. They are Ronald Reagan, George Bush and George Bush Jr. Now Obama inherited an 8 year Republican made debt and the Republicans are criticizing Obama for debt. Can anyone take this seriously? If so, how do you do that?

Is the SOL on credit card debt determined by the state you currently live in or where the debt originated? Is the Statute of Limitations on credit card debt, determined by the state you currently live in or where the debt originated? I have a debt that I stopped paying on in Jan 2002. I acquired the debt while living in Texas and stopped paying it while living in Texas. My husband is military so we have lived in Missouri for the past 4 years. The SOL for TX is 4 years for open accounts (credit cards) and for MO it is 5 years. Either way, the SOL has run out on this debt, however I am still wondering which would apply to us since we are military? We claim TX as our home/residence. Thanks! This debt was sold to a debt collector years ago. I have known others that have written cease and desist letters so I am not so sure that SOL on card debt is a "myth".

What are the pros and cons of using debt relief agencies to get rid of debt? What does it do to your credit? Those debt relief agencies that help you get rid of debt fast tell you to stop paying your bills and instead you pay them. They then use the money you send them to negotiate lower payoffs to your lenders. What are the pros and cons of doing this and how long will it effect my credit score for? Any experience is extrememly welcomed!

Can being in debt prevent a Netherlands native from traveling to other countries? A friend of mine has been seeing a fellow for awhile now. She lives in the US and he in the Netherlands. He has told her that he is in debt and so the government there has laws that will prevent him from leaving the county to visit. I doubt the validity of this claim and seek a definitive answer.

How can I tell if an email from a debt collector is a scam or legitimate? It is the only contact I have received from them. My name is not on the email. The web address included to contact them is not accessible to me. When I tried it, the message read that I needed to try a different domain. I know I have no debts owed. I have not received any mail or telephone calls from debt collectors. Does this sound like a hoax, scam or legitimate email?

What is the approximate total debt ratio for a firm with a total debt to equity ratio of .65? What is the approximate total debt ratio for a firm with a total debt to equity ratio of .65?

What debt consolidation agency have you use and does help and save? What debt consolidation agency have you use and does help and save? I am on debt and looking for reliable debt agency that will help me pay my debt off with the lowest interest rate possible.. Ive searched the internet and there's just a lot of them. So a personal recommendation would be appreciated.. I am in melbourne, australia btw. TNX

Can a debt collector physically show up to your home to collect on a home equity mortgage? I was a collector of unsecured debt for years ( I was the guy that hounds you on the phone :(). I know the FTC regulates debt collection through the Federal Debt Collectors Practices Act. I remember my boss telling me about the Good Ol' Days when he would go to peoples homes and actually reclaim furniture, pianos etc. I am looking for specifics. Thanks in advance!

What is the formula to calculate national debt? Im taking a math class at school, and our group needs to find out some sort of equation for national debt. So does anyone know how to calculate the national debt or any kind of formula that can or relates to it. Thanksss

What is the best way to repay debt in another country? My partner returned to NZ from Australia 3 months ago and has bought with him approx. $11,000 of debt (grrrrrrrrr!!!) Does anyone know if a bank in NZ would lend us the money to repay debt in another country?

How much debt can I incur on my card without getting my lines of credit lowered? I have no credit card debt and an an excellent credit report. I am going to do a small remodel on my rental property and plan to use my Home Depot card with no interest no payment for 12 months. I plan to use a few other cards as well. I thought that 30% is the best to load on to each card to maintain my credit score. Am I correct?

Can a debt collection agency attempt to collect money they say is still owed to the original owner? My husband and I purchased a vehicle in 2004. We couldn't afford the paymets, so we returned the vehicle to the bank. They sold the vehicle for less than what was owed. Now three years later, a collection agency is trying to get us to pay what is owed. Our credit report as of 3/2007 shows the original owner reporting that the debt is written/charged off and we have a $0 balance as of 10/2004. Do we still owe this money?

What information is sent to debt collectors when a company submits a debt for collection? What information do debt collectors receive when a company forwards a debt for collection? Do they simply get the information for the debt (name, address, phone, soc. security number, etc.) or do they get the entire account history etc? Also do debt collectors have the ability to file criminal charges for nonpayment or only civil to get the money back?

How does old cellphone debt work when resigning up with company? For instance, if I owe $250 to a company like ATT, when signing up for a new contract, will 250 be the amount I owe as a deposit, or will it be the 250 for the debt, and then more for a deposit.

Should we have a wedding or start life together debt free? My fiance and I are beginning the steps to planning a wedding. We have budgeted $6,000 for the event. We have additional that could be used if needed. My concern is that combined we have about $11,000 dollars in credit card/medical debt. Do we say the heck with it and have the wedding or go to court house and pay off most of the debt??

What can I do about debt collection letters wrongly sent to me? I keep letters from collection agencys trying to get me to pay debts that are not mine. Is there any way to stop them or maybe charge them for the harassment. Each time it is always the wrong social security number,not mine.I cant believe that it is legal to send people a bill for a debt that is not them.

How can I solve my debt problems and get a mortgage? I currently live in council accomodation with my husband and 3 children. We both work but cannot get a mortgage as we both have debt problems. I desperately want to change our situation and get on the housing ladder but I need to solve my debt problems. Any tips would be great. I currently have a repayment plan but it is going so slowly at this rate I'll be paying it off in 15 years time!

How do I go about eliminating my credit card debt? I am 23 with a nine-month-old son, and I owe (on top of my student loans from college) approximately $30,000 in credit card debt. I am looking to do a debt management/consolidation program, but was wondering if I should just contact those credit card companies that say to call them if I have "financial difficulties" instead? Also, which debt consolidation programs would you refer, if any? Thank you!

what information is need for a Tax debt relief company to work on past tax debt with the IRS? What personal information would I need to give to a company in order for them to contact the IRS about my tax debt?

What kind of debt can be erased off your credit history? I have a loan that, unfortunately cannot pay so I've decided to wait this out. But I want to know if I can wait this debt out for the 7 years. I just am not sure cause it has interest and I dont want to go waiting hoping it goes away when its actually growing. Will this debt be erased or not?

How can I find a good debt counselor in my area? My wife and I are really struggling with our credit card debt and two car payments. We are falling behind further and further. One of our friends suggested that we go to a debt counselor to try to lower our monthly payments and combine some of our bills. Where do I find a local debt settlement counselor in my area?

How much Credit Card debt do you have? Would you be able to handle a financial emergency? Bankruptcy, debt, and credit woes are a major problem in this country. If you suddenly had a financial emergency (housing, car, medical, etc.) could you handle it? Or would you be forced into bankruptcy? Do you think this is a problem of not enough income? Or too much expenditure?

What is a bad debt write off for credit cards? I am 3 months behind a credit card payment and they sent me a letter stating they were going to write it off as a bad debt. What does this mean? Do I have the payment still. I am confused as to what this entails.

What happens to a country that has enormous debt and politicians that refuse to stop compounding the debt? What if a country doesn't have a federal reserve that can keep printing money and setting interest rates.What if that country has a Debt salesman like the Federal reserve but the Fed Chief has lost its Zing with the customers?

What do I need to do if a collection company cannot validate a debt on record? I have a phone bill past due and sent to collections. The debt is so old that the company, which is Sprint, no longer handles land line phone service and hasn't for quite some time. They can't tell me how to pay the bill with them directly. I've already paid $50.00 to the collection agency for the debt before being told to have the agency validate the debt first. I need to know what to do if the agency doesn't or is unable to validate the debt.

How to stop telemartketing and debt companies calling my landline? There are a few debt companies and telemarketers call my house landline everyday. We don't know the people that the debt companies are calling. We registered on the "national no call list" and I called them back several times and ask them to remove our numbers. But they still keep calling. I am so frustrated. Is there punishment for this spam calls?

How deep in debt is the United states in? We just discussed in class that each household would have to pay $549,000 to get out of debt. I know the number is very high but does anyone know the actual amount in debt we are?

How do I know when the debt was incurred? I have a collection from a finance company. That collection is listed as sold on my credit file. When the company sells a debt, does that date of the statute of limitation restart when the buying company recieves, or is it the original date. Basically, will it be on my file for 7 years, from when the debt was incurred, or 7 years from when it was sold to the second company.

What persentage of debt to the military can the IRS withhold from a person ? Is there anyway to reduce the debt(awol) that the military withholds from ia persons ncome tax yearly? Ex. A way to have it forgiven

How much debt must you have to be legally allowed to declare bankruptcy? In addition to this law question, I have some ethics questions: How much SHOULD you have to be in debt to be legally allowed to declare bankruptcy? 0? 10k? 20k? 50k? 100k? & why should debt for a home mortgage, business, or other be cleared during a bankruptcy, but not a studetn loan debt? shouldn't all debts be treated the same? a debt is a debt is a debt, right?

What is the process to sue debt collectors? A relative who have never lived in my household, not even a day, apparently have outstanding debts. Now the debt collectors have been calling my phone and leaving messages. A couple of times, they were told to stop calling my number as I don't know the whereabouts of the individual they want to collect from. However, they never stop. I reported them to the FTC but not action taken. Now, I am surely mad that I want to sue them. Any info highly appreciated. I am located in MD.

What are the remedies against an agency trying to collect a debt past the statute of limitations for my state? The statute of limitations for collecting debts in my state is five years. Some collection agency claims to have bought up an old debt from the year 2002. The company claims that they sold the debt and washes their hands of it. I called the collection agency and told them of the five year collection limitation, but they continue calling five to six times a week on a dead debt. What recourse is available to me for this harrassment?

What is the difference between national debt and budget defecit? I heard that national debt is around $9 trillion and that bugdet defecit is around in the billions. So what is what?

How do I fix my credit and make sure my unpaid debt is taken off of my credit report? I am getting sick of my bad credit ruining everything I try to do. At this point I am finally able to pay off my debt in order to fix this problem. I have heard stories of people paying off their debt but the company leaving them as unpaid on their credit report. I DONT want this to happen. How do I go about paying everything off while making sure it is taken off my credit report for good? How long does it take your score to change after you paid everything off?

What proof of debt can you ask a collection agency to provide? I received a collection letter for a debt to a company I have never heard of. I am afraid it is identity theft. Can I ask the collection agency to provide a copy of a signed receipt? What recourse do I have if they don't believe it is not mine?