Tag Archives: prison
- My Father Went to Prison With Debt. – Brenton
“Dear Steve, My name is Brenton and my mom is going through a tough time and needs help. My father has 2 credit cards that need to be repaid but he went to prison for 2 years. The credit cards are in his name not my mothers. But now since he is in prison they [...]
- In Prison and Got Out With Bad Credit. What Now? – Ricky
“Dear Steve, I retired as a Department of Defense Fire Chief – retired early to try and save a marriage – didn’t work – started drinking – 3 DUI’s – went to prison for 4 years – I’m 47 years young. I recently got home and ran my credit report – numerous accounts were added [...]
- Is It True That My Debt Gets Erased Because I Was in Prison? – Laurie
“Dear Damon, I just spend the last 18 months in prison…I have a ton of debt now because there was no one to help me on the outside. I’ve been told that my debt is erased when incarcerated…is this true. If so how do I go about clearing my financial obligations….I don’t want or need [...]
- I’m in Prison for 35 Years. How Do I Repay My Student Loan? – Kay
“Dear Steve, I met with a young woman I have written to in prison for eleven years on Monday. She has a student loan that has gone to collection and is accruing 5% interest annually. Do you know of any options for someone who earns just $600 annually? Her sentence is another 35 years and [...]
- Nearly $700,000 and 27 Months Jail Due From Texas Energy Company Bookkeeper for Embezzlement
More than $659,000 was embezzled by Constance Bexley Iwanski, a Texas energy company bookkeeper. Iwanski will face up to 27 months in federal prison and be required to pay the company their money back. Iwanski had been with the company for 31 years and had been solely in charge of the books for 17 years. [...]
- My Son is in Prison and Interested in the Debt Settlement Commercials He Sees. – Carolina
“Dear Steve, My son has a credit card balance of $17,000. He is in prison and we have been paying $300/month on his card. He has asked us to stop paying, and to find some other way to reduce the balance. He has seen commercials on TV of companies that do that. Should we just [...]
- I am on a Visit Visa in UAE and Have Lots of Debt. What Can I Do? – Rina
Rina wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- My Husband in Prison Wants Me to Get a Credit Card in His Name. – Anya
“Dear Steve, My husband is in prison and he was telling me that I can get a credit card in his name. Is this possible? Would I have to get power of attorney? If so, how do I obtain that? Anya” The Answer: Dear Anya, That is a horribly bad idea. If you apply in [...]
- I Cosigned for My Dad And He Went to Jail Out of the Country in in Canada. – Jenn
“Dear Steve, I’m 22 and last year I was told I had to sign my Dad’s lease or move out. So I signed it as a cosigner. My Dad was incarcerated out of the country *in Canada* several months later. At the time I couldn’t afford to pay 2 months rent to get out of [...]
- My Husband Went to Prison and I Can’t Afford the Bills
“Dear Steve, My husband of 19 years went to prison,I was left to manage all debts,mortgage with less than half the income. I refinanced to keep going with my smaller income.I had to refinance again to pay an attorney for my husband,he got 14 years. we are in the process of a divorce,I don’t want [...]
- I Was Sentenced to Prison For My Debt in Dubai. – Asif
Asif wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Was Attacked and My Wife Left Me With the Kids. – Kenny
Kenny wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Was in Jail for 7 Months And Now Behind on Credit Cards. – John
John wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Go to Prison and Talk to Bob and Angel Behind Bars About Life, Credit, and Debt
So life is hard, tough and difficult. Dealing with debt collectors is stressful and often feels like we just can’t deal with yet another collection call or difficulty in life. Hell, there is so much crap we all have to deal with in a standard week that it often feels like the hurdles are too [...]
- Bouncing a Check Can Put You Behind Bars For Years in Dubai
A recent New York Times article on the perils faced by debtors in Dubai, United Arab Emirates. More needs to be written about the impossible situation in Dubai when it comes to resolving debts faced by even your average person. I certainly have answered my share of debtor questions from people worried about their Dubai [...]