Debt Consolidation

The company was founded by James White in July 2006. It has 300 shareholders. James left the company in March 2008 as Director and April as it's CEO however remained on as a Managing Shareholder. He gave his majority share holder interest up of 12,450,000 shares to Yves Philidor Jr. December 18th 2008 along with 10,000 cash to take the company over and help pay for his salary while he was suppose to be restructuring the company

Supplementary evidence supports the transition of all assets to Texcan Capital, another company where James T White was the majority shareholder took place, and then the transaction was canceled due to Yves leaving the company.

Michal Richmond was promoted in March and was the President & CEO until December 5th 2008 when he resigned, Canam ceased to exist shortly after.

Yves Philidor Jr took the $10,000.00 given to him and then attempted to reverse the transaction of ownership but was later sued by James is small claims court where he was awarded the $10,000.00 back because Yves did not fulfill his commitments as outlined by James. Yves resigned shortly after the transaction took place.

Either James, or Yves depending on who you believe are still the majority shareholder to this date. Since neither will confirm ownership its effectively dissolved, however Yves did take the $10,000.00 and he "attempted to reverse the transaction", and James did win against him in the Courts. Lastly, after digging at the corporate registries office, the records indicate that James is still both a majority and a minority shareholder however this is the responsibility of the company to take him off and update the corporate records.

the other countries owe weapons from the US

Yes, it would harm your credit rating, particularly in the existing climate. If you entered into one after that you're essentially telling creditors that you can't afford repayments. Though, it's a superior step to receive than getting keen on out of control debt as well as declaring bankruptcy. More Information Visit - http://www.debtadvisoryline.co.uk/

I had that charge and it corresponded to a line item called "PlatePass", so I assume it is an elctronic toll. Mine was from a rental car.

I called AmEx to find out and possibly dispute the charge and the CC agent informed me it was PlatePass. That phrase didn't come across on the charge so I was really confused. Plus, it showed up on my account two weeks after I incurred the expense, further leading to the confusion. My Hertz rental when I traveled in DC and DE had one of those boxes up by the mirror so that you could drive through the Toll boothes without waiting. The expense just shows up about two weeks later.

If your loan payment is overdue, you will be charged interest that is higher than normal. You may also be charged a late fee and hurt your credit rating.

It should be posted under operating expense.

Debt consolidation does not lower your creditworthiness. There are some creditors who may contact the credit bureaus and make a notation on your credit report indicating that you are undergoing credit counseling. But this is a neutral notation and does not lower your creditworthiness. However, individual creditors may look at this notation differently. Some may view it negatively and thus it may have an impact on your creditworthiness. Some creditors may view seeking help as a good sign that you are taking responsibility. It all depends on the creditor and his views. Many adopt a neutral position.

Unfortunately, yes.

Thedebtanswer.com has been a life saver since my wife and I have had a decrease in income due to the horrible economic times. The Law office has helped us out tremendously and its always nice to be able to speak to someone that has been doing this for a long time and nows how to deal with every major credit card company. I would have to say if you are in a situation with no end in site I would give them a call. Very professional organization

bad debt recovery It is when account receivable previously written off as uncollected is now collected. The entry is to reverse the original write-off by debiting accounts receivable and crediting allowance for bad debts. A second entry is required for the collection by debiting cash and crediting accounts receivable. A high ratio of recoveries to write-offs may signify to the analyst that the firm writes off uncollected debts too quickly.

Yes..that is called a "cash-out" refinance or consolidation loan. The Lender will base your loan amount on the current value of your home. Of course you will have to qualify for the new mortgage payment.

The advantages of obtaining this specialized type of assistance of military debt consolidation loan for military manpower can enable you freedom to begin one New Year's Day of financial spirit of responsibility and noise in all the report/ratio of financial businesses which you can take.- http://www.loansstore.com/debt-settlement/military-debt-consolidation.php

$1.20 gst was added to a $12 bill what is the final total

A good debt consolidation company should offer you free educational services to help you manage your finances in a way that cuts out debt. They should offer you an initial free session to discuss your personal financial situation which would include details of your monthly expenses, earnings, assets, liabilities and your current credit card debt situation. The company should be able to provide you with viable options to choose from towards a debt free recovery process. Debt consolidation services should entail nominal fees. A good company will be able to offer you help regardless of your ability to pay. You should consider all these aspects while looking for debt counseling. You should also make sure that the company you go for is registered with the Better Business Bureau to make sure you are entrusting your financial situation to a reputable agency.

I agree with the first answer, but also double check to see if the debt consolidation company will accept all of the credit cards. Careone Credit does not accept American Express or Capital one.

2 weeks

When it comes to debt you have four main options.

1) Bankruptcy, which is usually a last choice option.

2) Debt consolidation, which is effectively trading (usually more than) one debt for another at a lower interest rate. This is a bit pointless unless you owe on many different accounts.

3) Credit Counseling, in which a company works with your various creditors and attempts to get your interest rate and minimum payments lowered. This tends to prolong the amount of time you're paying off your debt however. The average discount is around 8%, good but not great.

4) Debt settlement, where a company works to settle your debts for an amount significantly less than the original. Up to 50% in successful cases.

You're best bet is to do some research into the various options and see what works for your budget and desired time frame.

Square One Debt Settlement is actually one of the few debt settlment companies accredited by TASC (The Association of Settlement Companies) and their BBB rating is B-, which the BBB says still makes them a reputable company. The debt settlement industry sprang up as a result of the bankruptcy laws changing several years ago - it is now very hard to qualify for Chapter 7, which wipes out all of your debts. A good debt settlement company can settle your debts for 40% or better, while Chapter 13 bankruptcy usually requires that you pay back 40 - 60%, and is on your credit report for 7 years longer. There are a lot of unscrupulous debt settlement companies out there as this industry is in its infancy, so you have to check them out.

Obviously, making greater than the minimum payment will lessen your debt. If you are not able to do so, then try calling your creditors and ask them to reduce the interest rate. With a lower interest rate, your monthly payment will be lowered, therefore you can pay-down the balance faster.

You would be surprised how many creditors are willing to lower your rates. They are doing this more often due to the financial crises.

DRP Debt Relief Plan is a plan designed to ease the debt burden on the debtor. It is the process for partially or totally forgiving the debt. In most of the cases, it is the process of slowing down the money ratio. By having mutual agreement creditors show leniency towards the debtor. To save debtors from bankruptcy and let the debtors continue operations. It involves a reduction in debt. Also, extension in payment terms for the debtors to continue working. The debtor agrees to pay a small fixed continuous amount of money to the creditor.

How does the DRP debt relief plan work?

You will go to a classified meeting with one of your money related banks. After the endorsement that there is a conceivable and practical case. We will request that you permit that lender to contact your other monetary loan bosses. For the procedure of arrangement of an obligation improvement plan.

For your budgetary lenders to think about your case. You should furnish them with complete, precise, and current data.

On the off chance that your money related bank approves to continue with the arrangement of the Debt Relief Plan. They will choose a lead bank that will arrange the requirements of the obligation to help plan with you for their benefit.

There will at that point be a 30-day time span. Quickly following the arrangement of the lead loan boss. During this period, we expect that negotiation with the lead bank should begin and complete. During the stop time frame, the creditor won’t take an interest. The halt must not forestall made sure about loan bosses from upholding their security.

The lead loan boss may furnish you with a conventional proposal. Documenting the settlement terms for the rebuilt obligation. At the point when you get the proper proposition, you should contemplate it. At that point contact the lead lender to acknowledge the proposition as well as pose any inquiries.

The procedure may end. On the off chance that the lead loan boss looks at that as an obligation help plan isn’t practical. Likewise, if 75% of the estimation of your money related banks must stop. The stop may terminate if an obligation alleviation plan isn’t closed. Or on the other hand, extended once by 30 days to permit additional time whenever concurred by 75% in the estimation of your money related lenders.

debtors

Debt consolidation can be a great tool to help manage your debt. By bringing all of your debt to one lender, you eliminate the hassle of making several payments. Read the rest of the article in the related links section.

It depends how much debt , and how much disposable income (spending money) that you have. If you are able to make higher than the minimum payment, then do so. this will decrease the principle balance.

On the other hand, if you are making minimum payments, or you are struggling to do so, then you may need to enroll in a debt management or debt elimination program.

Carrying an excessive amount of credit card debt is like digging yourself in a hole. In many cases, the balances increase-not decrease. Due to the financial crises, there are many programs available to help people get out of debt.