Help Debts

Posts Tagged ‘thousand dollars’

my brother has been doing his own business for the past years, and is not doing well, he does not want to end it and in a lot of debts, he does not go to his office for sometime now but insist that his business still in operation.he turns to gambling for big money but end up losing more and still keep finding people to invest or funds his company.
i had so many time ask him to wind up the business, get a job, paid all debt and start afresh but he say if he closed now, he loses big sum of money. Nobody in the family is able to get thru to him.

i actually enstranged from him for almost a year( i really pissed off, becoz we sold our house to clear his debts) , he himself never even give a phone call my parents since then.

Recently he called me up and saying he havind a very rough time and ask for a small amount of loan, but i do not agree and say if he want my help he can come back to my new house anytime ( i did so becoz my mother misses and worry about him too much) and yes he did come back after a month. and is only been a week and i think i’m losing it….

ok here are the point and what should i do? (B4 his financial crisis, he is a very resposible young man, why this is happening?)
1. i believes that his company is not in operation, even if it does, it must be in a very bad shape.
2. he gambled if he has the money (he also loses a lot in share market before) he just want big money now
3. few thousand dollars is not enough monthly salary for him and he rather sit in from of a computer keep posting for people to buy his company or asking for loan
4. he potentially will go to illegal money lender??!! i know…
5. he is turning into a loser who don’t want to get a job, just eat and sleep and everything is free.
6. OMG, can he still be saved??

My mom and I bought a house together (both of our names on the house) in May 2007. First payment was July 2007. I am the only one who has been paying for the mortgage ever since, and all the household expenses. So far I paid ,100.00 for mortgage, escrow and interest! That’s right, twenty-eight thousand dollars! All my own money.

I get angry from time to time and get into argument with her for not helping with expenses. It feels like I’m carrying the house on my back and she’s sitting on the house! I confronted her that she cannot live here for free anymore! She has to start paying for something! (note that 6 mos ago I demanded her to take care of electric bills and she does that) So recently the last few days there was a really bad tension. I told her to start paying 1/3 of all household expenses (that’s mortgage, electricity, water, phone and home warranty) starting in October 1st. She was not happy and claimed that it is unfair!

Unfair!? Is it unfair? I need your help! What do you think I should do?? How do I figure this all out?? I’m getting out of this house (I will sell it next year) and not have to put up with her taking advantage of me. I’m struggling with high credit card debt and supporting my 2 boys on my own. I receive SSD for my both boys and myself. That’s not much, around 00 a month. I do get child support weekly but I will not count that as income. I don’t work because I’m going to school full time and am hoping to get a job after I graduate in May (out of Florida).

I hope to hear from you guys with answers! I need to type up an agreement for me and my mom to sign that from October 1st and on, this is how much we would pay for our expenses,..fairly!

Another thing: I count my boys and myself as 3 in a household (head of house). My mom count herself as 1 in a household (single). That’s how we do it on our tax return, regardless that we (4 of us) live together in 3 bedroom 2 bath house. I think 1/3 of household expense is fair enough for her to pay because I consider my 2 boys together as 1 adult, so there’s 3 of us, split 1/3 each. What do you think?

Any advice would be so much appreciated! Thank you!!
~Carm

I have spent the last 6 years paying off nearly fifty thousand dollars in credit card debt.

I currently have a total Credit limit of 75 with 97% of my credit being free and pay on time every month (for the past 8 months).
All my credit through revolving accounts I do not have mortgage or auto loan.

But my score is still horrible FICO 648 How can I improve my score, and how long is thing going to take I no longer have any debt pay my entire balance every month; I have never filed for Bankruptcy After all this work- almost makes me think I would have been better off filing chapter 11.

Any advice would be greatly appreciated this is like a never ending nightmare I all I want is a decent score, which I feel does not reflect the 0 debt that I now have

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I have spent the last 6 years paying off nearly fifty thousand dollars in credit card debt.

I currently have a total Credit limit of 75 with 97% of my credit being free and pay on time every month (for the past 8 months).
All my credit through revolving accounts I do not have mortgage or auto loan.

But my score is still horrible FICO 648 How can I improve my score, and how long is thing going to take I no longer have any debt pay my entire balance every month; I have never filed for Bankruptcy After all this work- almost makes me think I would have been better off filing chapter 11.

Any advice would be greatly appreciated this is like a never ending nightmare I all I want is a decent score, which I feel does not reflect the 0 debt that I now have

I want to help others, and am planning to this entire summer regardless of the financial rewards (hundreds of hours). I know I’ll feel great doing this, and be making a difference. I am going to be serving my community regardless of the strain it places on me, but I am looking for something that might reduce the burden.

All this time my friends are going to be having summer jobs, at least getting minimum wage, saving up a few thousand dollars, and traveling, and I am just dipping into my savings to live so I can do community service and live in my university town. Are there any types of financial perks, or tax deductions, organizational sponsorship, or anything available for someone like me? I was even thinking of spending 00 to travel to Borneo to work and live in a village for 6 weeks, help out setting up some donated computers, help building shelters for the people, cooking, etc., but again, that’s a ton of money and I would like to know I would at least be break-even if I am not getting paid for my work…

I am not looking for "pay" but perhaps some type of perk that I could apply for, a scholarship, a tax deduction, even a simple recognition award, a coupon book, a free meal? I am really trying-I am a student with loan debt and trying to make it through university but really hear Obama’s calls and want to make a difference while I am still young.

Thanks for any advice you have to offer–please don’t flame me, everybody needs to have a little money to make it and take care of themselves.

I’m 17 and from California. I’m originally from IReland though but moved to California when I was 8 so I always wanted to move back. I applied to colleges there for the hell of it and finally just dcided to go to college in Ireland. Problem is I have to pay international rates. 6k a semester. 2k for housing per semester. So my parents have taken out loans for 8k and spent lots of money sending me over here. and that’s just for the semester. I’m only 17 years old. In a different country by myself. I think I just had a reality check. I don’t want all this debt after graduating. Why didn’t I go to college in California where it’s basically free in the state schooling system and I could probably get a better education anyway.

But now my entire family over here is so proud and happy that I’m here. and my dad is so glad because I got out of California and he hates California he’s only there for work. And he’s so proud of me and is telling everyone how great his son is that is going to college in Europe by himself. Oh god……..

I really don’t want this debt. To already be 8 thousand dollars in debt at 17 years old that’s horrible. I’ll be a slave to society for the rest of my life then.

I’ve only been i ncollege for 3 weeks. I asked the fees office about disenrolling and they said if I was to do that majority of the loan would be returned to the lender but I’d have to pay for the equivalence of time I have been enrolled. So that would probably be like 1 thousand. I wouldn’t get my housing deposit back. So I’d still be 3 thousand dolalrs in debt but that’s a lot better than 8k. Then what I could do is get a job and live with my grandparents. I could apply to a cal state for fall of ’10 and work off the 3k here in Ireland for the enxt year so I’d be debt free going into college.

MY grandparents would still get to see me. But I don’t know what my dad is going to think. He’ll either be happy that I’m smart enough to not want debt or so angry that I wasted his time and money sending me over here.

What should I do? I will feel like a total loser disenrolling but you know what I can’t stick this debt and I can go to college enxt year when I’m 18 after all I’m only 17 years old for christ’s sake.

Please give me some advice. Thank you.
I would feel even worse if my parents paid for me.

I can’t finish the year ebcause next semester will be another 8k and that doesn’t even include living expenses.

I had an accident recently and no insurance, I can’t even begin to afford the over 50 thousand dollars worth of bills, I heard somewhere that is a business accepts grant assistance from the government, they must forgive the debt if requested. An example of this is that Nike, started with government assistance, and upon request, you can receive a free pair of shoes from them.