Posts Tagged ‘new bankruptcy laws’

What is the use of debt consolidation program?

Saturday, February 6th, 2010

I have debt problem and still now it is manageable. I just want to know the use of debt consolidation program. Is it really effective?

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The Great Ecomonic Stimulus Package?

Monday, April 27th, 2009

Is anyone as disgusted as I am on the government's stimulus plan? The fact is we will borrow that money from China, and guess where most of this money will go, to the un-regulated financial companies whose credit cards are bankrupting this country's people. First they win with the new bankruptcy laws in effect and now with the stimulus package. I have a solution! How about a cap on interest rates and fees they can charge? Do you know why people can't pay their mortgage? It is because they have ,000 in CC debt of which they can not get out of unless they refinanced it into their mortgage. Can't believe our politicians can not see this problem.