Mar
10
@ 3:13 pm
Financial Debt
Posted on March 10th, 2008 by Tammy
Being in the real estate business for years now and feeling the fall out from the real estae slump, my husband and I were really concerned about our finances and credit scores. We needed alot of information on what to do next, if we weren’t able to pay our bills.
Destroydebt.com has great articles on the Statute of Limitations on Debt and how to pay your accounts in collection, bankruptcy, credit scores, how important it is to have a budget and any financial problems you may be for seeing in the future. There is fourms and a blog for all your Q & A’s.
I can imagine the stress you are under. We have 3 rental homes and life is good in the rental business compared to selling homes. Maybe you could get some rental property? With the economy, people are losing their houses and having to rent homes. I will keep you in my thoughts and prayers.
That was really informative…thanks for sharing it.
I didn’t know that my state had the highest terms on the statute of limitations–15 years for written & promissory. Wow!