Jump to content

debt consolidation


Recommended Posts

Posted
1 minute ago, Raithu_bidda_ said:

I am also in same boat 40k vundi 

Yesu bidda long time where gone?

Posted
Just now, crazymatta said:

yes proceed avamanu naa matta

andaru blacklist sesi 10gutharu ATB

No problem at all 

Posted

if he is having issues with Debt Collectors read more into this http://lifehacker.com/get-debt-collectors-off-your-back-with-these-sample-let-844530333. if he is getting letters from Debt Coll he should always respond to them if he doesnt they can sue him. So if he can get hold of some attorney and come to agreement that if the attorney settles 10000$ debt for say 5k he would pay 500 as fee that would be best for him

Posted
3 minutes ago, MeraBharat_Mahan said:

if he is having issues with Debt Collectors read more into this http://lifehacker.com/get-debt-collectors-off-your-back-with-these-sample-let-844530333. if he is getting letters from Debt Coll he should always respond to them if he doesnt they can sue him. So if he can get hold of some attorney and come to agreement that if the attorney settles 10000$ debt for say 5k he would pay 500 as fee that would be best for him

payments chestunnadu bhayya... no issues... he is not getting any letters

Posted

Bro, just keep in mind that whatever  is forgiven as a part of debt consolidation is counted as income for tax purposes. 

For Example, If you owe a creditor/bank  $20,000 and you accept a settlement plan of $10,000, the $10,000 that was forgiven counts as income for your tax purposes. 

ATB to your friend. 

 

Posted
5 minutes ago, Suhaas said:

Bro, just keep in mind that whatever  is forgiven as a part of debt consolidation is counted as income for tax purposes. 

For Example, If you owe a creditor/bank  $20,000 and you accept a settlement plan of $10,000, the $10,000 that was forgiven counts as income for your tax purposes. 

ATB to your friend. 

 

thanks bud.. i will let him know

Posted
23 minutes ago, Suhaas said:

Bro, just keep in mind that whatever  is forgiven as a part of debt consolidation is counted as income for tax purposes. 

For Example, If you owe a creditor/bank  $20,000 and you accept a settlement plan of $10,000, the $10,000 that was forgiven counts as income for your tax purposes. 

ATB to your friend. 

 

+111

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...