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12y ago

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Can you be arrested for not paying your apartment debt?

Yes you could be arrested for not paying your apartment debt.


Can you get out of a deed of trust?

Yes, by paying off the debt.Yes, by paying off the debt.Yes, by paying off the debt.Yes, by paying off the debt.


What Is A Debt Coverage Ratio?

It’s a ratio among Net Operating Income and the debt service. It's used to determine profitability after paying debt service.


What is it called to stop paying off debt?

To stop paying on a debt is to "Default" on the credit agreement.


How does the world get out of debt?

The world gets out of debt by paying their debts


How much will score go up after paying off debt?

This is a sliding system where paying off a small debt means little and paying of a large debt for a person with a bad score would mean a bunch.


How was thomas Jefferson different from his predecessors?

Began paying off the public debt.


How can credit cards be used effectively for paying off debt?

Credit cards can be used effectively for paying off debt by transferring high-interest balances to a card with a lower interest rate, making consistent payments above the minimum amount due, and avoiding unnecessary spending to prevent accumulating more debt.


Can you explain how the snowball method works for paying off debt?

The snowball method for paying off debt involves paying off your smallest debt first, then using the money you were paying on that debt to pay off the next smallest debt, and so on. This method helps you build momentum and motivation as you see your debts getting paid off one by one.


Does the snowball method work for paying off debt effectively?

Yes, the snowball method can be an effective strategy for paying off debt. This method involves paying off debts from smallest to largest, which can provide a sense of accomplishment and motivation to continue paying off debt.


How do you reduce debt?

By paying it off.


If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?

No.