 Debt Collectors - harassing family? |
| Can a debt collector call, harass would be a better term, a family member of the debtor in order to collect a debt? How could the family member get the collecter to stop calling. They have already ... |
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 Is £60,000 a year a good salary? |
One of my parents makes that a year.
Is that a good account of cash a year or not.
Thank you
Salarys converted:
£60,000 United kingdom
$121,921 United states
... |
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 How to start on saving money? |
| iam a student of 16. i often get pocket money from my parents, at least 4-5 pounds a week, just at random. the problem is that i like to spend it off on something. i can't resist but get into a ... |
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 Can you give me £5? |
I wouldn't ask if I really didn't need it.
I am seriously short of money, I can just about afford £6 on food this week after paying off all my bills and rent.
Ok sure ... |
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 Would you ever have a 'joint' bank account with your spouse? |
| I heard in the news that a country music singer's (not into country so I can't think of her name...) husband took 245k from that account after learning of impending divorce...... |
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 Net worth at age 22? |
| What was your net worth at age 22. And, when did your net worth cross that 20k mark? assets+equity+cash+investments- DEBT... |
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 I have just sold an item on ebay;. Paying funds into account - is this a good idea? |
| Let me explain. The buyer has offered to put funds straight into an account rather than send me a cheque. I've never done this before. It sounds sensible. Is it ok to do this - give out account ... |
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 I have 100k in the bank...? |
can I consider myself to be wealthy?
Additional Details
thank you deadman...your answer can only mean one thing...... |
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 Need to make money quickly! help please!? |
| Well, im a teenager and I cant seem to get or find a job. I have rent to pay, car payments, insurance, and etc which comes to about 1,000 dollars a month. I need a way before my credit goes horribly ... |
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 Would you rather have a million...? |
Would you rather have a million dollars right now? (no taxes) or have a penny doubled every day for a month?
(I know the answer - just wondering how many more out there will figure it out?... |
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 Is it required by law for your employer to give evaluations and raises each year? |
| I have almost been at my workplace a year and was told by a co-worker that last month one employee was told that raises were ceased because of financial reasons. I need a raise to pay for increase in ... |
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 Making money online? |
How can I make money online?
Like I want to get paid to fill out some surveys and transfer the money to a PayPal ... |
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 Do you live within your means? |
| I don't. I want to but it's tough. I had just cleared $7000.00 I owed on my credit cards last year, but I'm back up again $1200.00 a big chunck of it couldn't wait until I saved ... |
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 HOW DO THEY EXPECT US TO LIVE ON $6.50 per hour? |
| You will never get rich or even meet your bills????... |
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 Is $17.00 an hour a decent wage?? |
Additional Details
in Ohio as a nurse, licensed practical, not ... |
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Katherine X | What if I say to my bank 'sorry I have no money I simply can't pay my debts' what are they going to do? |
There are no debtors prisons anymore, I don't home a home or any possessions to speak of, I have no savings and owe £25k on my credit cards. I am self employed but my contracts have dried up because of the oncoming recession and I have failed after 21 attempts to get a job. Now I don't even have money for food. If I say to my creditors, 'sorry I simply have no money I can't give you a penny', what is the worst that they can do?????????
Additional Details
Oh yes Cruckaboo I am REALLY choosy, today I was rejected for a minimum wage data entry post lasting one month, working through the night |
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PiNkY
 |
Wow! Tough stuff! They may require you to sign something through their lawyers that would commit you to pay as soon as you have an income, or they may write it off. In the latter scenario, your credit would be ruined, but if things are as tough as you say, it probably already is.
I sincerely hope things get better for you soon! |
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onandonandonanon
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sue you & lock up your credit |
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A.Mercer
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In the U.S. the bank would hand your account over to a debt collection agency who would then start to hound you and also destroy your credit. It also depends on what the collection laws are like in your country. I am betting it would be about the same though.
However, if you truly cannot pay then what can you do? |
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LadyStardust06
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As long as you offer them regular payments even if it is only £5 a week for example they have to accept that...at least tehn you are paying something. |
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Carrie S
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They would advise you to declare yourself bankrupt. This would mean that you would never be able to buy anything on credit EVER AGAIN. This would mean you could never buy a house/flat, or own a credit card in your life. You would never be able to own a business and would have trouble opening a bank account with a card and would probably rely on the old passbook and going into a branch. My advice would be to talk to your debtors, explain your situation and work out a payment plan with them even if it's small installments. |
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Sheldon
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Sue you for breach of contract.
If you really have nothing then suing you wouldn't help them much because there is nothing the court could order you to sell. If you seriously owe much more than you have you should consider filing for bankrupcy, but that is something you should seek legal or financial advice about. |
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Adam W
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They will pretty much take anything you have. Might as well file for bankruptcy. |
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Dreamingxofxparadise
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They will tell you that you need to file bankruptcy so they can get paid of by someone else. But try to stay as far away from filing bankrupt as you possibly can because it will COMPLETELY DESTROY your credit for a long time. Try to exhaust all other options first. |
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zebra
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They will take what you do have and sell it and apply it too what you owe. |
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Away With The Fairies
 |
They'll bankrupt you. And that's a route you really don't want to go down, it'll give you problems for the rest of your life. |
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absteal
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They can repo anything, obviously your credit probably really suck, why your probably don't own anything, and you will probably never be able to own anything..... But if I were you, I would file for bankruptcy |
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bud
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you will have to declare yourself bankrupt |
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teddy
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If you live in UK, and are eligible for benefits, then they could possibly take money out of that, i don't know for sure. They can sue you through the small claims court and perhaps get a percentage but if you have no money to speak of, ? only way would be future earning, you got me... |
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BODGE IT AND SCARPER
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Go to Citizens Advice bureau. They will tell you better than anyone on here!
BUT.......
Declare yourself 'bankrupt'. That's what I would do, and your debts will have to be written off whether the bank likes it or not. You cannot trade (I believe) for 10 years, you will not get credit / loans / mortgages (I believe) for 10 years either because effectively you will have blacklisted yourself (for a while). I had a friend that did this. Life goes on though, stay positive and seek some advice asap.
Hope you can soon get things sorted out and good luck to you. |
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Ray L
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I would strong suggest you get advice about an IVA, otherwise you could end up in a Bankruptcy court, you may have nothing now, if you are made Bankrupt, you will have even less, sounds weird, but true.
With an IVA you pay only what you can afford, as little as it may be, then in 5 years you are debt free. |
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Ivan R
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Hello,
(ANS) My sincere advise would be to contact the CCCS ASAP!!
CCCS= The consumer credit counseling service.
**NOTE: The CCCS are a charity and they offer 100% free advise to people in your situation. They can advise you over the phone or face to face the best way to handle the situation. What choices & options remain open to you given whats happened.
http://www.cccs.co.uk/
Our FREEPHONE helpline is open from 8am to 8pm Monday to Friday.
TELEPHONE: 0800 - 138 - 1111
If you want to write to us our mailing address is:
Consumer Credit Counselling Service
Wade House
Merrion Centre
Leeds
LS2 8NG
Hope that might be of use?
Kind Regards Ivan |
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Heisenberg
 |
repossess yuor stuff or work with you.
In the US, you cant be imprisoned for debt. I dont know about the UK |
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gym
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ok, i assume you mean you dont OWN a home when you said you dont home a home. well, you must live somewhere with rent, no?
They can take your a*se to court thats what they can do. you may have to declare yourself bankrupt. and apparently then you cant get a checking account or anything, not sure what happens. otherwise they just keep charging you interest until you CAN pay.
i think declaring yourself bankrupt is what you can do. |
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mirka g 4 free tibet
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I think that the bank are very potent at all and so if you can' t pay you may go to the prision or make society works for pay your debts. |
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bbgoincrazy
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what are bankruptsy laws in GB? They can probably harras you a bunch |
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TwinkaTee
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Hey - you can stop with the victim song. YOU were the one who accrued the debt and has the money issues. I don't think they will be so sympathetic, especially since you seem to have money, but are spending it in all the wrong ways. And, if you are so broke, how in the HELL are you on the internet? You obviously have enough money to pay that bill.....
Since you want to sweep this under the rug and pretend that it didn't happen, just file for bankrupcy! |
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cruckaboo
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You can't get any job? or are you choosey? what about fast food places? anything What did you spend $25000 on?
You will also ruin your credit - which can really cause you problems in the future.
Find any job.......... |
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