Credit questions?
Our society is in a terrible recession. Our recently became unemployed unemployment benfits now a lot of running. There Far fewer jobs than there are workers. Plant Closure has surprised everyone. Such as the United States and most of all our Was quite a considerable debt. Many houses, cars, etc. My questions Loss is: If you do not owe money to the bank Money, your credit opportunity. If I owe you Unsecured creditors to file bankruptcy do not have recourses? They You have to jail for failure to pay? If you are for them Court procedures can not pay to collect it? If your House or property as collateral, and they can sue you for anything If the solvents do not take credit card asset was Or bank loans (signature loans) not used to secure. Thank you.
In addition, high unemployment and living in areas of plant closure There were lots, no job, family and a lot of deep debt. Your correct Help with the problem was a lot of people. First, you are in prison Non-payment of debt will not go. If you and your Home lost your job, you may file for bankruptcy But it is difficult to keep the home. As costs, you, And maybe you give up most of the legal fees Attorney's fees can not be imported. Some of the country where your Will help with their papers, but I do it Is not recommended. The sad fact is that you need money, No job, and you just have to pack them into conditions where You can go to work. Recently someone can help. They go to their house to foreclosure and bankruptcy now Distress. They are 12 now, but due to living off credit It all 20 years would have to take several months to pay off. Only a few of them to work a payment plan or to reduce their debt, Now they are looking for barley – 7. I lose all!