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If these debts are ones you have left for some time and creditors are now looking for payment put together a proposal on how you intend to make your contribution to these debts in writing and send this to your creditor or collection agent
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∙ 15y ago
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IS it better to prepay your mortgage or save the same amount?
If you have enough money to pay off your mortgage and no other debts, you should pay it off. If you have other debts, you should pay off those with higher interest rates before those with lower. If you have credit cards, you should pay them off and cancel them.
Why did the new nations need to pay off its debts?
because the new nation needed to pay off the foreign debts and to issue new bonds to cover the old ones
Should you pay off all small debts first or concentrate on the large ones?
I have always been told that it is best to pay off the smaller debts first and get those out of the way so then you can focus on the larger debts when you have fewer debts to worry about.
Is it better to immediately pay debts or to invest?
Pay off your debts!
What was the federalist view on the assumption of state debts?
The view was that the Federal Government should pay off the states' war debts.
In what ways can one cancel IRS debts?
One can simply pay off the IRS debts. Another way one can cancel IRS debts is to get loans from banks to pay off the debts. Also, one can borrow money from peers to pay off IRS 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
When a parent dies and owns home do you have to sell to pay off debts?
If the other assets are not sufficient to pay off the debts, yes you have to sell it. The estate has to resolve all debts.
How long does it take to build up a bad FICO score and would it help to pay off old debts?
Anytime you pay off old debts it will in time help your FICO/Credit score. It takes about 2 years of good payment history to off set the negative stuff. Best of luck,
Is it worth paying off old debt?
Yes because if you don't pay off your old debt then guess what? You owe even more money now as it piles up.Also, if you pay off the old debts, the person(s) who lent you the money, would be more willing to lend you money again, if need be. If you don't pay off old debts, they won't trust you enough to let you borrow money again and you will probably be defamed as well.
How do I pay off debts quickly?
You can start by paying off small debts then working your way to the bigger debts. You can use the money from paid off debts to double payments on bigger debts instead of blowing that money.
Why should you get life insurance?
You get life insurance to help pay for your funeral, help pay off your debts & if you have children they will most likely get some money to help them out until they are old enough to get their own job and support themselves.
