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Q: Formed for the people who couldn't pay the debts?
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What colony was formed by people that could not pay their debts?

Georgia was initially founded as a colony for debtors in 1733 by British philanthropist James Oglethorpe, providing them with a chance for a fresh start and economic opportunity.


What was one problem faced by mine workers during the great depression?

they couldnt pay off their company debts


What is the number one reason why consumers default on their debts?

They do not have the money to pay back their debts!They do not have the money to pay back their debts!They do not have the money to pay back their debts!They do not have the money to pay back their debts!


Which colony was a home for people who could not pay their debts?

Georgia


If You owe money to someone in bankruptcy - will you have to pay it if you can't afford it?

You have to pay your debts...the other persons bankruptcy isn't really relevant...YOU HAVE TO PAY PEOPLE YOUR DEBTS...FIND A WAY TO DO SO. You can't afford other things....your debts you MUST afford.


Is it better to immediately pay debts or to invest?

Pay off your debts!


What should people do to get out of debt?

People should pay off their debts and take care of their debts this is th e best way i can tell you By:Aarion Walker


Are adult children responsible for paying foreclosure debts of deceased parents?

In most cases, adult children are not personally responsible for paying the foreclosure debts of their deceased parents. Debts of the deceased are typically settled using the assets within their estate before any inheritance is distributed to beneficiaries. However, it is advisable to consult with a legal professional to understand the specific obligations in your jurisdiction.


Who is responsible to pay back debts?

The government is responsible to pay all back debts.


Why couldn't the government of the confederacy pay its debts?

The Confederacy was unable to pay back debts owed to the Union as indemnity, because when the Southern states succeeded to form the Confederacy they formed their own currency, rather than use the national currency. After the Civil War ended their Confederate Currency was completely useless, valueless, and not accepted by the Union, and they had no real money to pay back their owed debts.


Who is responsible to pay back all debts?

The government is responsible to pay all back debts.


Do you have to pay credit card debts if your name has changed?

Just because your name has changed doesn't mean that you don't have to pay credit card debts. They are still your debts to pay.