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Originally posted by Jessicamsa
Where do you get that mortgages are not dissolvable by bankruptcy?
And student loans can have forebearances and deferments applied to them to keep from having delinquency on them. Plus, under extreme circumstances (although it's hard to do) sometimes you are able to get rid of student loans under a bankruptcy.
Originally posted by Jessicamsa
Originally posted by VitriolAndAngst
The Student loans should stop requiring payment/interest (I think) if you are enrolled in any course at all. So find anything accredited of interest to you that his cheap, and take the course -- you should save more in stopping the interest accruals.
It depends on the type of the loan. Subsidized loans won't accrue interest. The government pays the interest on those when in deferment. Unsubsidized loans accrue interest.
Originally posted by John_Q_Llama
Originally posted by sticky
reply to post by John_Q_Llama
There isn't anything we can do about the collapse. It is going to happen. I know that everyone doesn't believe everything I do about what's going on in the world around us. My beliefs aren't dependent on yours, thank goodness
I suggest you dig for truth. It is very liberating.
And yes, even this is connected to it.
Please, enlighten us with this truth you mentioned.
I am well aware that we cannot do anything about the collapse. But that doesn't mean we, the common citizen, are dismissed from the moral obligation to do what is right.
You expressed a gladness that your beliefs aren't dependent on mine. Well I have to express a gladness that my moral compass isn't dependent on yours. It is my belief that credit cards and debt are terrible things that has allowed me to stay away from both for my entire life. I am very careful, responsible, and frugal with my money, and I only spend the money that I possess or, on the two occasions I did have loans, I was very very cautious in determining whether or not I'd even be able to pay them off within a year. Right now I can say without a doubt that my wary view of credit, along with my high level of responsibility in spending my own money, have proven to be well worth it. I've been out of work for almost a year now and still have plenty of money set aside to continue living the way I have been since I began living on my own in the "real world". So I fail to see how my beliefs, my being responsible, and my distaste for debt and credit are somehow wrong if they've helped me to stay out of financial trouble.
I'm not trying to pick a fight with you, Sticky. I respect you and your beliefs, whatever they might be. But just try to realize that perhaps there are other views which might make sense as well. Whatever the case, I do agree that the credit industry needs a good kick in the crotch, and then a couple hard cracks to the back of the head while doubled over in pain. My way to keep em dissatisfied is not to use credit, while yours happens to be much different. Nothing wrong with that.
Originally posted by Cornczech
"If you entered into a contract knowing full well what goes on behind the scenes, still took their money, spent it then called foul when you couldnt pay it back.. sorry, i dont look at it as the banks fault."
Over and over I read about people saying, "If you borrowed the money...." but I am in the position that I didn't BORROW money, ....
I have been reading this thread with complete and utter GLEE...you go people....lets show 'em what TRUE Americans can do when we stick together.....
(-_-)
Originally posted by Cornczech
I suddenly started having grand mal seizures in March.
Originally posted by concernedcitizan
reply to post by tk1967
That is why one puts aside money for the preverbial rainy day.