Do Debts Go Away?Can Debts Be “Wiped Off The Books”?The answers are:YesYes and NoYes
This is one of those questions that sort of answers itself.If we were to live in a cashless society, why would we need cash machines?
There has been a quantum increase and use of technology over the past 30 years. If you think about it, mobile phones, let alone “smart phones” have only been around since the 80’s.
Fraud is one of those ugly words no one wants to hear, especially in the same sentence or statement that also has their name.
No one likes to think about when an emergency may arise. It may be a health issue, it may be work related, money and finances, an emergency can come in many forms, and also affect just about anything.
There are two things that you may not think go together almost like toast and jam, and that is credit and gambling .
Over the years I have heard a lot of confusion regarding someone’s debts when they die, and unfortunately, this may add to that confusion.
A newish term that has been tossed about in recent times is “peak” something, peak and then add the item, product, or thing you are referring to.
As per Shakespeare in Hamlet, “neither a borrower nor a lender be”.In the world of money and lending and borrowing, it is not just limited to the banks, and loan companies, credit cards, peer-to-peer lending , and overdrafts. Lending money also can be closer at hand as in the instance of a family member or close friend asking to borrow some money. In some instances it may be a large sum of money.
At some point in our lives we may need to borrow money, and not just a quick borrow from friends or family, but a real honest to goodness bank loan.