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  • #37490
    thesha
    Participant

    my wife and I ran a graphic design business for several years. Unfortunately, the recession thoroughly kicked our asses and, to cut a long story short, we ran up a shit load of debt trying to keep ourselves and our daughter housed and fed, as well as keeping our business going.

    Now we’ve downsized to a small rented room, we’ve given up the expensive office and laid off all the staff. We can pay our living expenses but the pile of accumulated debt is too huge to tackle right now.

    Most of our debt is in credit cards, lines of credit and an unsecured loan. We shut off all the accounts and we’re banking with another bank to prevent our old bank from either getting their hands on what little money we have or even seeing what we make.

    We get phone calls from creditors 3-4 times a day which I happily ignore. We’ve retained the services of a bankrupsy lawyer should things come to that and got some good advice. Basically the advice is to do nothing for the time being.

    We have no 401K, no savings or investments. We own no property, no car and have no real valuable assets. Our net worth, if we ever bothered to work it out, would probably be less than $10,000. This puts us in a very good position, as they bank have nothing to forclose on, no savings to raid and no real leverage on us. Neither of us have a full-time job, we work freelance for several clients which would make an attachment of earnings order practically impossible.

    So, after taking considerable financial advice, the plan for the immediate future is to do nothing. Our creditors are full appraised of our situation and don’t seem to know what to do with us. We don’t need to file chapter 7 bankrupsy yet, but it is an option and it’s also a very effective ‘stick’ to threaten the bank with to force a good settlement. We’re in no hurry right now.

    #37491
    reggin
    Participant

    In fact, you really are in a terrible situation from which it would seem there is no way out, but in fact there isn’t. There are many companies that can help you get rid of your debt, the main thing is to know who to contact. Personally, I can personally recommend beneficial funding.com
    These guys have been in the business for a long time and in that time have helped a huge number of people get rid of their debts. I hope my answer will help you!

    #40480
    Julius7
    Participant

    Hello there. People lead busy lives today and online banking allows them to access their accounts and carry out various transactions from anywhere and at any time. This flexibility and accessibility is attractive to people looking to save time and effort. One of the most popular apps for this is Dave Banking, which is used by millions of people. Problems very rarely arise with the use of this application, but when this happens, dave banking customer service is always ready to help resolve them very quickly.

    #41945
    McQueen
    Participant

    In the evolving landscape of financial management, technology plays a pivotal role, and one standout application in this realm is Cash App. With the surge in popularity, Cash App has become a leading mobile payment platform. By perusing cash app reviews, you can grasp its excellence as a user-friendly platform, enabling easy transactions such as sending, receiving, and requesting money with utmost convenience.

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