Loan Forgiveness
03-07-2014, 07:12 AM
#91
Gets Weekends Off
Joined APC: Feb 2013
Posts: 2,961
Originally Posted by makersmarc
Bankruptcy exists to make a certain degree of risk taking acceptable. If bankruptcy were to be allowed for student loans, there would be no student loans because the default rate would be so high. Nobody would make loans to people that only had to endure 7 years of bad credit to wipe out hundreds of thousands of dollars of debt.
For example, let's say I have $20,000 is student loan debt. If I have 3 credit cards and take out cash advances of say $5000 on each of them, I could take that $15,000 and use it to pay down the non-dischargable student loan debt and default on the credit cards.
03-07-2014, 07:29 AM
#92
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Joined APC: May 2009
Position: Square root of the variance and average of the variation
Posts: 1,602
We can extrapolate the student loan forgiveness into home loans as well. Should we forgive those that are currently paying the debt but are upside down in terms of equity? No one guaranteed your house would appreciate in value. Maybe you overpaid to begin with. Why are the rest of us on the line for making up the difference? Sorry drift but correlated argument.
03-07-2014, 01:13 PM
#94
Gets Weekends Off
Joined APC: Jan 2009
Position: Airbus 319/320 Captain
Posts: 880
Originally Posted by tom11011
Well let's just abolish bankruptcy for business and people, problem solved. Nobody would ever take a loan, pay cash for everything.
03-07-2014, 01:27 PM
#95
Works Every Weekend
Joined APC: Apr 2006
Posts: 1,210
Originally Posted by brianb
Level the playing field for ALL of us and stop bailing out corporations/banks/car companies, take ALL the corporate money out of politics and, while your at it, abolish the treasonous Federal Reserve and return the process of "coining money" to the people/congress.
03-07-2014, 02:16 PM
#96
Banned
Joined APC: Jan 2008
Position: Pilot
Posts: 2,625
Originally Posted by brianb
Level the playing field for ALL of us and stop bailing out corporations/banks/car companies, take ALL the corporate money out of politics and, while your at it, abolish the treasonous Federal Reserve and return the process of "coining money" to the people/congress.
Filler
02-27-2020, 09:59 PM
#97
Banned
Joined APC: Feb 2020
Posts: 1
Laon forgiveness and debt settlement support
The following forum is informational and descriptive.I want to add on that if any informations or service is required not only for this but also for accounting,vat,tax,excise,debt,loan assistance ,outsourcing of accounting fell free to consult with the most reliable (I am a Nigerian Prince) who are serving their clients and also enterprise for over than a decade with 100% assurance and assistance.
Last edited by UAL T38 Phlyer; 02-28-2020 at 04:23 AM.
02-28-2020, 01:08 AM
#98
Gets Weekends Off
Joined APC: Jun 2019
Posts: 1,275
Originally Posted by morishka78
The following forum is informational and descriptive.I want to add on that if any informations or service is required not only for this but also for accounting,vat,tax,excise,debt,loan assistance ,outsourcing of accounting fell free to consult with the most reliable [] who are serving their clients and also enterprise for over than a decade with 100% assurance and assistance.
Last edited by UAL T38 Phlyer; 02-28-2020 at 04:23 AM.
02-28-2020, 08:55 AM
#99
Gets Weekends Off
Joined APC: Aug 2018
Posts: 236
Just to veer off topic a little. I am a foreigner and am a little curious as to why so many kids go out of state for college when your own state has perfectly good colleges close to where you live? This would cut the price of tuition in half and you could live at home for the duration of your degree.
When I say this people look at me like I am crazy.
When I say this people look at me like I am crazy.
02-28-2020, 09:05 AM
#100
Gets Weekends Off
Joined APC: Oct 2019
Posts: 1,287
Originally Posted by morishka78
The following forum is informational and descriptive.I want to add on that if any informations or service is required not only for this but also for accounting,vat,tax,excise,debt,loan assistance ,outsourcing of accounting fell free to consult with the most reliable (I am a Nigerian Prince) who are serving their clients and also enterprise for over than a decade with 100% assurance and assistance.
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