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Collectors Called Constantly Scared of Foreclosure, What Can I Do? – Roy

“Dear Steve, I have recently taken over management of finances and bill paying from my wife. I always knew we had some lingering credit card debt that had been following us since college, but I had no idea what the real situation was. At this point we are $51,000 in credit card debt. We have …

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Will Banks Negotiate My Student Loans? – Russell

“Dear Steve, 4-1/2 years ago I decided to go back to school for Dental Hygiene. My wife would not let me work during the four years of school and her income did not quite meet all our expenses. I took out private loans to pay for school and living expenses plus rolled an old HELOC …

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Converting 8.9% Variable Credit Card to 3.4% Variable Equity is Bad Deal. George

“Dear Steve, I have $22K in credit card debt(on one card) with an 8.99% variable rate. Minimum payment is about $450/month. I have recently began to pay more than the minimum(last month i paid $1000) since I would love to pay this off or at least bring it down so my minimum payment isnt so …

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Can Claim Be Dismissed Because of Expiration of Statute of Limitations? – Christopher

“Dear Steve, I received a Summons to appear in Civil Court. The Plaintiff is a collection agency, attempting to collect over $18,000. The Summons included a fax cover sheet from Chase Bank, with whom I had an account years ago. I live in Missouri, and the SOL for open accounts is 5 yrs. My credit …

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Need My Car and 3 Months Behind. What Can I Do? – Rita

“Dear Steve, My husband has been unemployeed and I work full time. We had to move out of last home due to toxic mold. I am 3 months behind in car payments and they want to take my car. It is the only way i can get to work to get groceries for my kids …

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Statute of Limitation – Will Debt Go On Forever? – Jennifer

“Dear Steve, I had my bank account bounce for a 263.00 credit. now I have over $900 and counting in bank fees. I am berried in debt and unemployed, I want to know how long a debt is valid (statues of limitations) but I don’t understand what is written for the “Oregon statutes of limitation” …

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