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My Mother is on Medicaid and Bank of America is Owed Money

Sad Elderly Lady

Question: Dear Steve, Hi – I have a question – my mother is in a nursing home, Medicaid pays for the home – she must turn over her social security and small pension to them each month. She has no money – she has a credit card from Bank of America with $3500-$4000 on it – she is the only ... Read More »

    My Islamic Faith Prevents Me From Paying Interest on My Student Loans

    questions

    Question: Dear Steve, I had two citi-student loans and at some point in time within the last 5 years they went to Navient (Sallie Mae) I recently called to ask if I could get a lower pay-off amount as the original loans were 32K and now they are up to about 64K because of deferment and interest. They said no ... Read More »

      How Did Bilkish Associate’s Find Me in Pakistan?

      pakistan

      “Dear Jon, I was residing and working in Saudi Arabia from 2004 – 2010 and once I went on Final Exit from Saudi Arabia to my home country (Pakistan) I have few liabilities of Saudi British Bank of almost 4000 Saudi Riyal (1000 US$) In 2013 I came to Saudi Arabia again on a new visa to start a job ... Read More »

        Can We Settle a Debt With a Collector to Get College Transcript?

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        Question: Dear Steve, My husband and I just met his adult daughter 2 years ago. He had signed away his parental rights when she was an infant 30 years ago. We have learned that she has student debt and want to pay it. The first debt is with the college she attended in Birmingham and is the one we’re focused ... Read More »

          Who is Right About Budgeting Our Money, My Wife or Myself?

          Zemanta Related Posts Thumbnail

          Question: Yo Steve, My wife and I fight, or shall I say disagree, all the time about spending and a budget. She has one opinion and I have another. She says we should not spend more than 25% of our income on housing but I say 33% is alright. Who is right? Jimmy Answer: Yo right back at you Jimmy. ... Read More »

            Why Have My Private Student Lenders Not Sued Me Yet?

            stop_paying_for_credit1

            “Dear Steve, I went to a public school and obtained 2 degrees. A good portion of my student loan debt were in private loans. The economy crashed in 2008 and I couldn’t find work in 2009 so I went back for more education to hide from the economic realities (I had no way to pay on the loans). Sallie Mae ... Read More »

              Where Can We Get a Lower Federal Student Loan Interest Rate?

              calculator

              “Dear Steve, My son is out of the country and I am paying off his loan. We are seniors. He has volunteered to pay himself. However, by the time currency exchanges have been calculated, it is cheaper for us the pay his loan. We have ‘myfedloan.org’ loans at 6.8% which I think is very high. Is there anywhere we can ... Read More »

                How Can I Payoff Massive Parent PLUS Loans My Mom Can’t Afford?

                tax_audit_questions1

                Dear Steve, My situation is similar to those asking about student loans and repayment. My Mom had to take out parent plus loans under her name to help me with school. We both understand the responsibilities we have. However, she can barely afford to pay for her rent and food on the money she makes. Therefore, I’m the one making ... Read More »

                  Should We File Bankruptcy Because of Business Debts?

                  Writing Q&A, Questions and Answers on a blackboard.

                  Money, Credit and Debt Advice – Get Out of Debt Guy Question: Is There Hope for Us in Bankruptcy? Dear Steve, We have roughly $80,000 in credit card debt. We have 4 children, 2 in college and 2 yet to go. We own a small business that we run out of our home in addition to my being a teacher. ... Read More »

                    How Can I Get the Debt Collector to Stop Bothering Me?

                    Debtstar

                    Question: Dear Steve, I’m getting really tired of being hassled for an old debt I don’t owe. I keep trying to explain to the debt collectors that I don’t owe the bill they keep trying to say I need to pay. What can I do? Mary Answer: Dear Mary, Being chased for a debt you don’t owe is not fun. ... Read More »

                      The Hospital Turned Me Over to Collections. Can They Do That?

                      debt1

                      I recently had procedure at hospital. Insurance paid their part. I have my part to three different people. I tried making arrangements with hospital of $100/month – they said that’s not enough for it to be paid in 6 months. I said what’s the deal with 6 months? She replied that if I don’t have them paid in full in ... Read More »

                        Should I Eliminate My Debt With Debt Settlement or a Debt Negotiator?

                        millennials_credit

                        “Dear Steve, I am looking for help to get my debts in order. I owe approx. $30,000 (9) credit cards, (1) loan. The accounts are all closed and are shown as being charge offs. I don’t know if I should go the Debt Settlement route or Debt Negotiator route. I’m starting to get phone calls and letters from these creditors ... Read More »

                          Should I Take Out a Student Loan to Payoff My Wife’s Student Loans?

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                          “Dear Steve, My wife and I both finished our undergraduate degrees, I did not have any debt, while she accumulated quite a bit of debt. I am currently in dental school, and while I still do not have to take out loans for school, I have access to loans that have a lower interest rate than some of her private ... Read More »

                            My Ex-Husband Stopped Paying the Student Loans and I Cosigned

                            Divorce papers and cash with misc items

                            “Dear Steve, I cosigned for a private student loan for my exhusband while we were married in 2007. There is a court order stating that he was required to refinance the loans in his name only which he never did, so I have proceeded to sue him and he is in contempt of court. He has recently filed for bankruptcy ... Read More »

                              Will I Be Caught at the Airport When I Return to the UK for My Internet Bill?

                              983041-police-crime-scene

                              “Dear Jon, I was student in UK back in 2005-2006. I had a credit card (Nat West bank) and had good history by paying my full debt regularly for almost 3 years. By the end of 2007 I had some bad time and got my self in debt for less than 300-500 pounds (cant remember exactly). Same thing with BT, ... Read More »

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