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“Dear Michael, I had a bad debit with a credit card company and it went to third party collections. A judgement was issued against me. I was on unemployment benefits at the time of the judgement, as well as going to school full time. I did not have the means to pay the debt. My …
“Dear Damon, I signed up with a debt settlement company two years ago. I signed up for a three year program with Lifeguard Financial/FBL Associates/Noteoworld. I have paid $445 for the past 24 months. They tokk over $8000 in fees of the $9500 I paid. The latest was on June 2, 2011 for $1400 for …
“Dear Damon, I had to take a $18000 salary cut due to a company wide reorganization. In addition, my Mother was stricken with Dementia and Cancer and I took care of her especially after her Colostomy to go around the tumor. I had made a promise to her that I would not put her in …
“Dear Damon, My husband and I have faced a significant and unfortunate legal situation over the last three years that not only had us feeling totally wronged but has messed up our finances in a big way. Because all of our money aside from housing and food was paying attorneys, we put a lot more …
“Dear Damon, old debt get sent in over and over. same debt with a couple added dollars. when does this debt come off of report? is it seven years from the first time reported? how to get it off? thanks Sherri” Hello Sherri, The debt can stay on the report for between 7 and 7.5 …
“Dear Steve, My son, who has always resided in Florida, had a GM credit card that was revoked in February, 1997. At some point, GM purportedly assigned their claim to Household Finance Corporation. Either GM or a purported assignee filed a collection action in 1998. My son was never served. They got a judgment (I …
“Dear Steve, My wife and I moved about 10 months ago for me to start a new job and it seems that our debt situation has gotten worse to the point of now wondering if we can make it month to month. We are both currently employed but it seems that our paychecks are not …
“Dear Steve, Around 8-9 years ago I cosigned on a debt for my girlfriend who had a teenage girl that was in trouble. The loan was to get her off the street and into a private school in montana. about 3-6 months after the signing, her and I broke up. present day I started getting …
“Dear Steve, I just received a letter from CNI regarding increasing their monthly fees (see attached), is this even possible?. I have been with CNI for 4 yrs and they closed 2 of my smaller accounts. The big debt that I have is still hanging and CNI told me that I need to grow my …
“Dear Paul, I work for the federal government and make about $90K. My wife makes about 45K (no benefits) after losing her corporate job in 2003. I am 47 with an MS, she is 52 with a BS, married 23 years. I have to retire from my current job at 57 so we both know …