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A Government Bailout For Credit Card Debt = Is This Really Possible???


Purple Cow
Rep Points:
Posted on July 22, 2009 at 3:16 am
What you can do is apply for a government grant for a small business, and from the business you put up, use the profits to pay off your debts. There are government grants that exist for specific purposes, and you can get creative with these funds from the government. You aren't expected to pay back the funds anyway, given that it is a grant.

erin (Guest)
Rep Points:
Posted on July 22, 2009 at 3:17 am
how can i get a govt grant for a small business??? that's pretty interesting.....

CheetosLover
Rep Points:
Posted on July 22, 2009 at 4:39 am
Simply log in to http://www.grants.gov and you can find all the information that you need from there. Hope that helps!

erin (Guest)
Rep Points:
Posted on July 22, 2009 at 5:34 am
what happens if i am not eligible for this grant
Posted on July 23, 2009 at 10:50 pm
then file bankruptcy har har har

CheetosLover
Rep Points:
Posted on July 24, 2009 at 12:59 am
Very funny--if anything bankruptcy should be considered as a last resort to eliminate all debt.

Erin, you may opt for consolidating your debts. You have various options for doing so, and they can also help you in taking care of all your debt, and live a debt-free existence. Depending on your monthly disposable income and current debt amount, there is a consolidation option that would work best with whatever your current debt amounts.

Feel free to tell us more about it, of if you're uncomfortable doing so, you may fill out a form on DestroyDebt.com, and you'll be linked to a qualified provider who can help you.
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