A Reader Asks…

I had two student loans each about 2,500 dollars each. I have been out of work for 5 years raising my duaghter and haven’t been able to afford any kind of payments on the loans. Since then a creditor has taken over. I now owe 8,000 to them. Is there any student loan companies that will take it over and I can make payments to them at a low interest rate. I am now working and would like to start paying on my loans. Thanks

Winding up (or compulsory liquidation) is the closest thing to bankruptcy for a limited company. Normally the process is initiated by one or more of a company’s creditors who feel that the company should be closed and cease trading. The creditor will present a petition to wind up the company at the court (a Winding Up Petition). The company may then

…

Prepare for Success

Credit repair is capable of cleaning up your credit reports, raising your scores, and turning your financial life around. But you need to be an active participant. To get life changing results you must be prepared to work. Credit repair requires a new mindset about the credit bureaus, persistence, a willingness to confront collectors, the readiness to build and manage new credit, and the determination to organize your financial life. It’s a job! But if you start

…