What should I do if I paid some debt off to one of the debt collectors I owe to a few years ago?

October 24th, 2011
Anto asked:


What if i’ve got debt from a few different companies from the year 2000 and i’ve had debt collectors chasing me since. Some I’ve ignored completely and as it’s over 6 years I understand I can send a cease letter to them…but some others i have had contact and paid some debt off. What do i do now?? Do i have to pay the ones I owe to? and do a cease letter to the others? Help!

How does the debt & deficit affect the national budget?

October 24th, 2011
jonnytempest asked:


I couldn’t find a direct answer to this question on the internet, and wanted to know if anyone could help me out. How does the national debt and deficit affect the national budget. And also how does the national debt effect inflation.
Thank you

What do I need to do if I get money from my mother to payoff my debt?

October 24th, 2011
shadie asked:


I have little over $27,000 debt. My mother let me borrow money to payoff these debt. I have 3 accounts and 2 accounts has been sued. My question is
1. Do I have to report to IRS to getting money?
2. Do I get 1099?
Please help!

Why does everyone automatically judge and make assumptions when people say they are in debt?

October 23rd, 2011
000000 asked:


Why is it so hard to believe that some people who are in debt didn’t get there by being irresponsible? When people are asking for help sometimes it seems as if people are angry and judgemental when they post their answers. It just doesn’t seem right. Sometimes things happen that are out of your control. Being in debt doesn’t automatically mean that you are a horrible irresponsible person.

If you pay off all your debt will you then have good credit?

October 23rd, 2011
Kristen asked:


I’ve finally set up a way to pay off all my debt. By doing so I’m curious if I will be still stuck with a bad credit report for the rest of my life or will it turn into good/normal credit. Thanks for your help!

How does people being in debt effect the economy?

October 21st, 2011
buttercup asked:


I read somewhere that the credit being offered to Generation Y is stimulating the economic crisis, because they are in too much debt.

How does Generation Y being in too much debt effect the economy?

Much help appreciated =)
Oh, and I’m mainly referring to in Australia, even though it is similar else where in the world.

Can the 403b plan help me get out of credit card debt?

October 21st, 2011
sunshine asked:


I am a new teacher in TX and was told that the 403b plan could help me pay off my credit card debt. I was told that the tax taken out of my income could be used to help me pay off my debt if I invest it in the 403b plan. I am clueless about this. Any help is appreciated, thanks in advance.

looking for attorney in NJ to help me start a debt settlement company?

October 21st, 2011
Shmooz J asked:


anyone out there ever start a debt settlement company and researched the legal aspect in the state of NJ? I need legal advice from an expert.

Is there any way I can get rid of my debt or someone that will help consolidate if my credit sucks?

October 20th, 2011
drownarose asked:


I’m $7000 in debt and I need to rid myself of that debt before I can start my new life with my lovely english wife. My credit is horrible but I wanna ris myself of all my debt so i can try and improve it. Is there anyone I can talk to about consolidation loans or if anyone has any ideas about what I can do. I love my Girlfriend and we can’t start our life together til i do this. PLEASE HELP!

Why does my parents are so darn cheap and why they in debt & What can I do to help to get them out of debt ?

October 19th, 2011
Sam asked:


My Parents doesn’t have lot of money to spend of things anymore and we are in major debt crisis and what we do to get out of it and do we get more money and what do rich and wealthy people do and we need a lot great answers to help us to get more money and get out of debt that were in right now and we need to get out of it fast and quickly.