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Home > Author Archives: Steve Rhode (page 90)

Author Archives: Steve Rhode

I’m Buried in Debt From Getting Divorced. – Brad


“Dear Steve, Recently divorced; incurred 30k in debt through the break up with misc. items. Income 6500 month 4200 after tax 35000 in credit card debt My mortgage 1200 Old mortgage, which I do not pay and states in my divorce decree is 2100 but this is killing my credit. What is the best way to get out from under ... Read More »

    I Am Never Gambling at the Casino Again But I Need Help. – Pat

    slot machine

    “Dear Steve, I have been going to the casino for sometime now but it has really gotten out of hand I find myself hitting the atm machine and now I have no money my rent is due the gas is due and I dont know where to turn It has become serious and I am getting scared well not getting ... Read More »

      I’m Retired, Sick, Poor, and Deep in Debt But I Want to Avoid Bankruptcy. – Jim


      “Dear Steve, I am 68 years old. I worked my life in the Title Insurance Business. I have a High School Education – only. I have taken classes at a University and other classes that I could sign up for and gain more knowledge. I finished my career in 2007 as I was diagnosed with Congestive Heart Failure. I owe ... Read More »

        I Loaned a Credit Card to a Friend Who is Not Paying It Anymore. – Karla


        “Dear Steve, I loaned a credit card to a friend 8 years ago and she has been making minimum payments and using it until last year when she stopped making payments. I have been promised by her she will take care of it when her divorce is finalized and she gets a big cash settlement. Promises promises. The account is ... Read More »

          MRS Associates Keeps Trying to Collect a Debt Discharged in Bankruptcy. – Katie

          Fight Back - Red Button

          “Dear Steve, I filed chapter 7 bankruptcy in 2012. On my credit report, the debt that is under MRS Associates states that it was discharged through bankruptcy. But I am still receiving letters in the mail from MRS trying to offer me a settlement amount for me to pay. Is it legal for MRS to still be sending me these ... Read More »

            Will My UK Husband be Arrested if He Returns to the UK But Owes Debt There? – Angela


            “Dear Steve, I was married less than a year ago to my husband who is from the U.K. He has substantial debt that I did not know about, including a divorce agreement to pay for half of a home improvement loan of the house his ex-wife was given outright. He believes has the potential of being arrested, if he does ... Read More »

              Should I Ignore My Old Debt and Let it Fall Off My Credit Report? – Adriana


              “Dear Steve, I have three old collections…1st one is 3yrs old, 2nd is 4yrs old and 3rd is 5yrs old…Should I try and pay them off??? I am trying to clean my credit but not sure if to the them if they are under 3yrs or 4yrs and the older ones wait to fall off? Which old collections should I ... Read More »

                Should I Keep Investing in My IRA or Pay Off My Home?


                “Dear Steve, Bought a home a year ago after finishing paying off students loans (am currently 27). I started contributing to a Roth about 6 months before I purchased the home and am now wondering if I should continue to max out the Roth or pay off the house faster? M” Dear M, I think the math gives us a ... Read More »

                  Is it True I Can Eliminate My Student Loans in Bankruptcy if I Just Stop Paying Them?

                  student loan default

                  “Dear Steve, I currently have 58,000 in private loans and 98,000.00 in federal loans and I currently have no clue what to do. My private loan provider (the wonderful sallie mae)….wants 600.00 a month, and the federal goverment wants 450.00 a month. I am a teacher and these payments are just not possible….some people told me that if I let ... Read More »

                    I Just Made Payment Arrangements on an Old Defaulted Student Loan. Did I Do the Right Thing?

                    Magnifying Glass - Q&A

                    “Dear Steve, i recieved a letter from my defaulted student loan fron fall 99 and spring 00. the letter styated that they were going to start taking .15 of my pay after taxes. they were okay until 2005. another thing that is odd is that i checked with my payroll dept and they have no garnishments issues (was supoposed to ... Read More »

                      I Was on SSI When I Took Out Debt and I Just Got Sued for It. – June


                      “Dear Steve, I have credit card debt, student loan debt, and other personal debt. I just started working full time in August 2011 with an pay increase in April 2012 and I have a credit card company taking me to court already. Trial date is June 13, 2013. I also still recieve SSI disibility and I got in debt when ... Read More »

                        I Was Scammed by the University of the Rockies. – Yolanda

                        College Tuition Expenses

                        “Dear Steve, Iam one of those scammed students who attended University of the Rockies at this time I am not sure who turn to next I reported this to the attorney general who referred me to the BBB. Who recieved the notice of my concerned with a removal and then a change to retest and take the comps test only ... Read More »

                          Do I Have to Worry About My Debt? I’m Judgment Proof. – Salvatore


                          “Dear Steve, Hi Steve, I am up to my neck in credit card bills about $58,000. I have talked to a few of my friends about my situation I only have monthly Social Security and a small Federal Retirement check. Creditors and Collection companies are starting to Call I heard that my Federal Checks are Income protected against any Garnishment ... Read More »

                            I Want to Make Money Fast by Buying Discharged Debt and Tax Liens. – Mc C

                            crime scene

                            “Dear Steve, I just got out of debt by a thrid party company purchasing my debt. So of course….now, I want to buy a debt package that can yield about $25k for $350 bucks. Steve??? Is it even worth it? I’m fearful about buying debt with BK attached, especially Chap#7. It’s either buy debt or buy tax lien certificates? Which ... Read More »

                              Is Century Negotiations a Reliable Company? – Bonnie

                              OLYMPUS DIGITAL CAMERA

                              “Dear Steve, I have settled one credit card and need your advice. I need to know if Century Negotiations is a reliable company to with to get out of debt. They have settled one credit card. I have 2 more to settle. I am thinking of getting a bank loan to pay off CNI. I have also inquired with BBB. ... Read More »

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