Debts are repaid with whatever dollars are current at the time of repayment. The government can create new dollars, thus devaluing the dollar and pay the debt back with the new dollars .
yes
The Onion News Network - 2007 U-S- Government Stages Fake Coup to Wipe Out National Debt was released on: USA: 4 August 2009
D-C- Follies - 1987 Reagan Tries to Wipe Out National Debt with TV Home Shopping Show 1-13 was released on: USA: 8 December 1987
You are STILL liable for the balance owing on the account. It is up to the credit card company how they decide to recover the debt. Companies would rather recover debt at a lower repayment over a longer period - than wipe out the debt altogether.
Only if interest is provided for in the instrument creating the debt. If the creditor tries to charge interest to which a debtor did not agree, then that constitutes usury and can, in some instances, wipe out the debt altogether. In some states, the creditor may be entitled to collection costs. ==Additional Information== If the debt collector is collecting on a money judgment rendered by a court post judgment interest accrues and can considerably increase the amount of the debt.
== == YES of course. Just because you moved doesn't wipe out your debts. They follow you wherever you go in the world.
The Federal Trade Commission, Money Magazine, and Consumer reports, among others, have information about wiping out debt. There are also many nonprofit debt counseling services that could help. Just be sure to check the Better Business Bureau or local Attorney General's office to avoid scams.
A dental bill is a valid debt - unless bankruptcy is declared which might wipe out the debt, there is no "statute of limitations' on civil debt. If there are side-issues of failure to bill the patient's insuror that will have to be discussed with the dentist in an effort to resolve the problem. That MIGHT be the key to getting out from under the debt.
you have to try to go though courses that make you wipe out and the 3 people that have the fastest time at the end goes to the hardest course in wipe out the wipe out zone whoever has the fastest tome at the end of that wins $50,000 ! First you have to be stupid so America can laugh at you :) Only benefit (50,000)
If you have a pile of unpaid credit card bills and simply can't pay the total amount due. Then you have two options for dealing with the debt you've accumulated: liquidation or bankruptcy. When you declare bankruptcy, you're asking court to wipe your financial slate clean.
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to wipe out cities like hiroshima to prove that Americans were better, and show that America had the nuclear power first.