Archive for the ‘Other - Business Finance’ Category
I have a car loan with a company that has, according to the secretary of state in GA,merged out of existence
Beth C asked:
Does anyone know the steps I need to take to make sure this does not end up as bad credit? And how do I go about getting the title to this car now?
bad credit car loan
Can a collection agency call after you have given them your bankruptcy attorney’s number?
Lemondrop asked:
I received a phone call from a collection agency about a month ago, Tibouron Financial to be exact. I told them very nicely that I had retained a bankruptcy attorney and gave them his name and number. They have called me twice today, and everytime they have called, I would answer the phone on the second ring and there would be a dial tone. Also I should add that this was 7:30 at night. What should I do?
bankruptcy
How does a chapter 13 buyout mortgage work?
tkwiley44 asked:
We are in Chapter 13 bankruptcy, but have paid it down to less than $10,000. We can have a lower mortgage payment if we refinance and pay off the Ch. 13. Is this a good thing to do?
mortgage refinance
Just thinking outside of the box here: What about a homeowner bailout?
Tones asked:
Here’s what I propose: Have the government bailout the mortgage companies by purchasing their bad debt at a 20% discount and then re-negotiate the loans with the consumer to pay the balance a 0% interest over 50 years with no early payment penalty? If the consumer defaults payments on that generous deal, the government takes possession of the property and sells the property on the open market. That way, the banks get liquidity and their costs decrease in that they don’t have to waste money sending default notices, etc., the homeowner is happy because they get to stay in the house and actually might be able to afford the house which they were erroneously advise they could afford by realtors when they couldn’t. The government is happy because they’d be receiving cash when normally, typical government spending is even less profitable (look at the price paid by governments for toilet seats).
Quite possibly, the only unhappy people would be attorney’s because no one would be able to afford one. I’m all for keeping attorneys being miserable. Would you buy this investment? What other solutions might there be given that declaring random wars on countries doesn’t seem to have work in USA’s current political administration?
debt solutions
Personal debt consolidation loan?
Pelat asked:
Which is better debt consolidation loan or a personal loan??
debt consolidation