Archive for September, 2009
Is it possible to do Debt Consolidation on payday loans while in a consumer proposal?
Tom asked:
I’m currently in a consumer proposal with a remaining balance of $7000, I recently got my self cought up in 4 payday loans worth $2000 and i’m stuck in the payday cycle. My question is, is it possible to get a debt consolidation done on these payday loans while in my proposal. I can not get a loan anywhere because of the consumer proposal. Thanks
Paul Watford
I’m currently in a consumer proposal with a remaining balance of $7000, I recently got my self cought up in 4 payday loans worth $2000 and i’m stuck in the payday cycle. My question is, is it possible to get a debt consolidation done on these payday loans while in my proposal. I can not get a loan anywhere because of the consumer proposal. Thanks
Paul Watford
Are my parents making the right decision for Debt Consolidation?
CBPetty asked:
My parents have decided to go with a company that says they should not pay anyhting for 3 months or so and then they will be able to negotiate with creditors better. they have to put 1400.00 down to get started with this company. i dont like the sound of this, but i dont know exactly what debt consolodation companies do. Help!
Gordon Pando
My parents have decided to go with a company that says they should not pay anyhting for 3 months or so and then they will be able to negotiate with creditors better. they have to put 1400.00 down to get started with this company. i dont like the sound of this, but i dont know exactly what debt consolodation companies do. Help!
Gordon Pando
What are “Debt Inversion” Legal Services and are they an alternative to bankruptcy or debt consolidation?
Shane asked:
I’ve heard about this recently and am wondering if anyone knows anything about it. I have been considering bankruptcy or debt consolidation and am looking for alternatives. I have been harassed by debt collectors, and have numerous anomalies on my credit report. Debt inversion almost sounds like exactly what I need. Thanks for the help ahead of time.
Henry Charlesworth
I’ve heard about this recently and am wondering if anyone knows anything about it. I have been considering bankruptcy or debt consolidation and am looking for alternatives. I have been harassed by debt collectors, and have numerous anomalies on my credit report. Debt inversion almost sounds like exactly what I need. Thanks for the help ahead of time.
Henry Charlesworth






















