Default solution folder, feel free to edit or delete it.
Ethically, I believe in paying my legitimate debts. If I have received real goods and services for the bills I ran up on my credit cards, then why is it ethical for me to not repay those debts?
Because the money lenders were not the sources of those goods and services. The merchants who provided the goods and services were paid, but the money ...
Sun, 19 Jul, 2015 at 5:49 AM
It doesn't work to cancel debts that are legitimately owed -- such as money your friend or father loaned you, or say a department store credit car...
Sat, 11 Jul, 2015 at 8:18 PM
What happens to the status of the credit card after this process is complete? Are the credit cards cancelled or are they still useful?
Good question. After the debt has been cancelled, the credit card institution will close out that account. So no, that card will not be useful anymor...
Sat, 11 Jul, 2015 at 8:27 PM