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Congress could not raise this money because it was not allowed to tax.

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Which debt relief programs apply to mortgages?

The The Mortgage Forgiveness Debt Relief Act was enacted by congress to help give relief to American families having trouble paying their mortgages. Research shows that the banks have been slow to work with families as the law outlines they should.


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 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


can my home be taken from me if i have trouble paying a bill?

can my home be taken from me if i have trouble paying a medical bill?


Can a 400 bill that is unpaid affect your credit report even if you make payment arrangements with the debt collector?

Yes, especially if the arrangement is with a debt collection agency and not the original company. That you're paying the bill is good, but the history of having trouble paying it and the bill going into collections will be reported on your credit history.


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.


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.