Reverse Mortgage

JASON M asked: If I co-own a house with a friend and he/she was sued for an accident, had a lien for doctor bills or credit cards, etc., would that affect my share of the property also? If so, what type of agreement can be written up to prevent this? Thanks

Johnny asked: I want to buy my first car but I have bad credit from cards I got back in highschool that i never got around to paying. I want to get a decent car, I would be ok with like a 02′ Honda Accord or somthing like that. Will I need a co-signer or [...]

sexylittlemisstweetybird83 asked: First Off we live in Alberta, canada We have a Mortgage paying 458 every 2 weeks which is 1 extra payment a year (I believe). We bought the condo for 164,000 + 2,000 upgrades and paid approx. 35,000 down in December 2006. We have been informed that the condo is now valued at [...]

Man of La Mancha asked: I have about five to six unsecured debts [no credit cards] that i need to consolidate and make one payment or like. Bankruptcy is not an option for me. The total is around $10K. I am not interested in debt consolidation agencies, so far the ones i have talked to, [...]

Lady asked: Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know its usually better to not have the credit [...]

Margene H asked: I owe on 3 credit cards. One is starting to fall behind on the payments as its too much to pay. Which route is the way to go? Debt consolidation or contacting creditors & explaining that I was living beyond my means & now I am having trouble paying. On the one [...]

jonoxk asked: I owe £20,000 on credit cards. I have felt suicidal, but don’t want my problems to become my wife’s problems, not fair on her – I just wanna sort this out now. But we do have a nice home, and sunk all our savings to pay a 10% deposit on it two years [...]

R&B asked: Together me and my boyf earn £32000. We both have bad credit, and I have a loan of £212 a month, plus credit cards which large amounts. What is the best thing to do? We are considering part rent/part buy. All help appreciated

MADAME JADE asked: strong opinion! ex cleaned out my acct of 25k without my knowledge, my credit cards-he was authorized user, i walked away with debt incurred by other, loans to repay, etc. i was not financially careful. i pay $1400. in rent now. why not purchase?

mandy608 asked: My husband and I are looking into refinancing to consolidate our debts, it’ll pay our credit cards, car payment etc…the lower monthly payment sounds great but I’m afraid it’ll be more trouble than it’s worth. Does anyone have any tips, suggestions, questions we should make sure we know before we say yes?