michelehospicern asked:


I’ve received a summons to appear in court for a credit card lawsuit. I need to know how to specifically write a request for validation of a credit card debt. Appreciate anyone’s help. Thank you!

crazyskyblue asked:


I’ve been watching Kitchen Nightmares a lot. All the restaurants are in debt and most of them ended up closing after the show was filmed. If you Google them, you’ll see that a lot of them closed. What happens to the debt? Do the former owners still have to pay it off or do they have to file for bankruptcy? Some of them say they are a million dollars in debt. What typically happens?

Shadow asked:


Seems like there is lil you can do to help pay them off faster or get them reduced but if its like credit card debt or another form of debt there are a lot more options.

case2485 asked:


I am planning to consolidate about $4000 in credit card debt by personal loan. What are the best lenders to approach?

Paul asked:


T-Mobile has been harassing me for 10 months now for me to pay for a product that I had not recieved. T_mobile acting like bullies they are, ignored my concerns and for several months now been using debt collectors to make me pay for a product I did not get.

Can T-Mobile legally steel my household possessions.

It is noted that T-Mobile had failed to respond to OFCOM instructions to resolve thia matter sensibly.

The Random Idiot asked:


If you decrease the deficit doesn’t it decease the debt? How do we pay for the debt?

rlc_60504 asked:


Everybody (Democrats, Republicans, Cats and Dogs) seems to dislike the proposed solution outlined by the administration’s debt reduction committee today. What specific steps would you take to solve the problem? Please try to come up with recommendations that don’t tick everybody off!

la_nunu asked:


Ive been wondering this for a long time. I just turned 18, and it is going to be really tough for us young people to start off with the way our economy is. And I would really like to know how does having a large national debt directly affect each of us?

bkaras asked:


A. Because debt service is the difference between the passive and structural deficits. The bigger the difference between the two, the greater the burden of the debt on the economy.
B. Because interest payments are the result of past expenditures and do not result in additional productive expenditures. They are the burden of the debt: if the debt service is large and is hurting the government’s ability to fund today’s expenditures, that debt could be considered a problem.
C. Because debt service determines the real deficit. The higher the real deficit, the greater the burden of the debt on the economy.
D. Debt service is not an important measure of whether debt is a problem. Only debt/GDP ratios and future budget balance projections are relevant measures of the burden of the debt on the economy.

Will award best answer!
It is for debt in infrastructure.

PlasticTrees asked:


My boyfriend said we can try for a baby after he goes through debt consolidation. He has $30k in credit card debt and a $75k house he is putting in consolidation. His credit card payments are $500 each. When could he expect to have the card companies paid off after finding his lender for the loan?