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How can a family best dismiss huge unsecured debts and survive on a small income?
Wiki User
∙ 18y ago
The only option for becoming debt free is filing for bankruptcy. A chapter 7 bankruptcy is considered a total liquidation when it pertains to unsecured debts. A chapter 13 is a consolidation BK, in which the debtor is placed on a payment schedule usually 3-5 years for repaying all debts secured and unsecured, according to their priority. With the new bankruptcy laws in effect filing a chapter 7 is a little more difficult than previously, but most people will still qualify under the new regulations.
Wiki User
∙ 18y ago
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Where can I take out an unsecured personal loan to buy a yacht?
At this income level, you are not likely to be able to take out an unsecured loan, and a yacht is most likely out of your reach. Still, you can contact any bank or credit union to learn the requirements for unsecured loans.
What is the normal interest rate for an unsecured loan?
Interest rates for unsecured loans vary depending on one's credit rating and where the loan is obtained. Interest rates start at 6.9% for borrowers with excellent credit and income and can go upwards of 30% for those with poor or no credit or unstable income.
What is the family income for Cuba?
What is the family income for Cuba?
Do you need a minimum income to qualify for a chapter 13 bankruptcy?
No minimum income amount is required but the debtor must have a regular source of income and qualify under the maximum amount of secured and unsecured debt guidelines.
Your Income can Guarantee You a Loan?
Most people think that you need to be employed to get a loan. But if you have a recurring type of income, you may still be eligible for an unsecured loan, even if you don't have a job. Other types of income may count towards your income requirements, to include: social security, child support, disability, alimony, structured settlement payments, and pensions. If you regularly make more than about $800 a month in this type of income, you will more than likely be eligible for an unsecured loan for hundreds of dollars or more. Unsecured loans can help out in any type of money emergency, so consider one today if you need to.
Where can one find unsecured loans for people with bad credit?
For people with bad credit they could find unsecured loans at Loanwin. An unsecure loan can help with tuition or subsidizing your income to help with a new purchase like a car.
What was the average family income in 1987?
The average family income was $20,000 in 1987.
Can you file bankruptcy if you are current on your bills?
Yes, you can. If you are current, but struggling with credit card debt, medical debt, or other unsecured debt. If your income is less than the median family income for your state, you can probably file chapter 7. If over that amount, you may have to file a chapter 13. Consult an experienced bankruptcy lawyer in your area.
Average family income?
The average family income varies from state to state and from country to country.
What do you call a person who earns the income for a family?
what do you call the person who makes the main income in a family
A family spends 20 of its monthly income on food 23 on rent and 42 on other expenses and saves the balance If the family saves 360 per month what is its monthly income?
20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400 20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400
how can i get a loan for 200.00 unsecured for a 2 week period. i don't have as bank account.?
The best place toget an unsecured loan for two weeks is a quick cash loan service that will use your paystub tl confirm your income and then expect payment when you do get paid on your next paycheck.
