rajshukla
Joined: 03 Jan 2012 Posts: 160
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Posted: Tue Jan 03, 2012 1:05 pm Post subject: hi |
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Student loan debt is becoming one of the fastest growing sources of debt among young adults today. The struggling economy has yet to provide the influx of entry-level positions graduates were promised in exchange for getting their education. With few employment options and overwhelming student loan debt, many graduates have been forced to seek debt relief solutions such as bankruptcy. Garnishment is the result of a lawsuit and the enforcement of the judgment obtained in the lawsuit. The good news is that filing for bankruptcy protection will stop the wage garnishment and get rid of the lawsuit forever. Once your debts are discharged in your bankruptcy case and the case is closed, you would think that it is all over and you can start fresh. Most of the time, this is definitely true. However, once in a while, your creditors pretend they have never heard of the bankruptcy code and try to collect from you. So what do you do to protect yourself? Many of today's homeowners have more than one mortgage on their home and are struggling to pay multiple mortgages. Some people are simply "walking away" from their homes because the value of their home is significantly less than the balances of their mortgages. However, I am convinced that thousands of homeowners would be in a position to keep their homes if these second and other junior mortgages were eliminated
Chrysler Radiator |
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