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Bankruptcy And Debt

Boom Box Rep Points:

Posted on September 24, 2009 at 4:02 am

Question: How does debt find itself in the bankruptcy court?Answer: When the creditors/collection agencies sue the consumer in order to collect, because the consumer somehow was not able to respond to the summons in a timely manner.Can you add to this Q and A?

Eric's Beach Mix Rep Points:

Posted on September 24, 2009 at 4:10 am

Question: What are the debts that are not going to be discharged in bankruptcy?Answer: Secured debts, Alimony and Child Support, Student Loan, Tax Debt, Fraudulent debts, and Criminal Fines

Je pretend que tu fais bien Rep Points:

Posted on September 24, 2009 at 4:12 am

Question: What can consumers in debt do, if they don't want to file bankruptcy?Answer: Negotiate with the lender.

that abby sciuto Rep Points:

Posted on September 24, 2009 at 4:14 am

Question: What can consumers in debt do, if they don't want to file bankruptcy? - and if they can't negotiate with the lenders themselves?Answer: See if they qualify for a credit counseling or debt settlement program.

99 hundred 99 tears to go Rep Points:

Posted on September 24, 2009 at 4:16 am

Question: What can consumers in debt do, if they don't want to file bankruptcy? - and if they can't negotiate with the lenders themselves? - and they do not know what the next step is (what the right debt relief option or company is) ?Answer: Fill out a form here at destroydebt.com and consult with a debt expert for free.

You're So Fine Ms. Astrud Gilberto Rep Points:

Posted on September 24, 2009 at 4:21 am

Question: Is tax debt really non dischargeable in bankruptcy?Answer: It depends on if these taxes are income taxes, if it wasn't committed via fraud, and if it's at least three years old. Those situations maybe able to discharge a tax debt in bankruptcy, also if the IRS have already assessed the income tax debt at least 240 days before the filing.