I'm surprised that after several years, the collection agency hasn't sued my friend. Should he just keep all of his money in a safe at home and...
I never knew you can have a home, car, or bank account seized to pay off credit card bills, student loans, or medical bills. I always thought that...
Is it always the case where collection agencies don't have proof that they own the debt? If that is the case, why would anyone pay a collection...
I guess my friend doesn't have to worry about getting a loan, since he lives with his mom in her house and his mom gave him her used car, which is...
Regarding your answers to questions 2 and 3, are you sure a collection agency or creditor can seize your home, car, or bank account to pay off...
I have a friend that owed $40,000 with interest in student loans to Sallie Mae for going to a cooking school in Manhattan. He decided to just stop...
There goes that idea. In this bad job market, you have to be crazy to co-sign for a student loan.
Can everyone take out a private loan for college for the full amount? If so, everyone can just take out the private loan, graduate college, and...
Plus we could have all made some nice money buying puts on the health insurance company stocks.
If it was dischargeable in bankruptcy, I bet everyone would graduate college and then just file bankruptcy. No one would ever pay their student...
That is a brilliant idea actually.
Once everyone is required to have health insurance in the U.S. starting in 2014, I bet everyone will be waiting longer to see the doctor and get...
$1,000 to have a baby is very cheap. What country are you from? Someone should make a documentary film about different countries' costs for...
It doesn't cost $10k per year to raise a child. I have a 3 year old girl and it costs us about $2,500 per year for food for her and $500 for...
Two years ago, I pretty much stopped eating meat. I eat chicken on rare occasions, but no more beef, pork, or fish. I don't eat eggs and I drink...
Who cares if you are blue collar or white collar... what matters in the end is money. My dad has a friend who started a pipe fitting business in...
Student loans should be eliminated. If you want to go to college, it should be where you have to pay cash upfront before the start of each...
We have decided not to have any more children, since we would rather give all of the attention to our one child, not because the hospital and...
Can they take social security income, disability income, or unemployment compensation? Can they take an inheritance?
I don't have assets offshore or cash resources. All of my cash is in the bank or in a brokerage account. I was just curious about bankruptcy and...
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