I work for a company that has had quite a few people declare bankruptcy on what they owe us, then as soon as the bankruptcy is discharged, they expect to come back as a customer. We are not a utility company or anything necessary like that. I was wondering, if we have to write off [...]

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?

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?

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 [...]

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 [...]

I am in college so don’t have a job, my roomate is not in a state of being stable minded right now so he filled for his disability. Well it could take up to 4 months for them to decide if he gets it. So he has credit card collecters calling 2 -4 times a [...]

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 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 [...]

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.

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 [...]