Debt Management Info Blog

sghelpers asked:


Okay, I hope any of you will snap me out of this twisted confusion. I am from Kerala, Trivandrum. I finished 12th std. (Plus 2) on 2005 with distinction. However had a serious problem with entrance exam. I was longing for two colleges Mar Baselios College or Mohan Das College of Engeenering, However I was unable to join as qualification in entrance exam was a must. Then my father agreed to go for management quota - even then there were problems. So in Mohan Das they agreed to get me in as per NRI quota. But around that week my father suddenly fell financially because of unexpected failure of few of his businesses. He needed all his monetary resources to prevent a huge debt. So that year went by. This year father’s business bloomed and I scored well in entrance but confused which to go for.

I will not be working for another company but rather embark on my own software/web/media development firm in India as well as abroad. Which course do you suggest? B.tech CS or B.tech IT and why?

Laurent S asked:


Hi there. Ok, I’m being sued in Los Angeles for a $3,500 credit card debt. I’ve been living in Puerto Rico for one year now, where I live very poorly. Here’s what my case summary says ( histories extract):

“10/17/2007 CASE MANAGEMENT ORDER SIGNED AND FILED BY JUDGE R.(…). MATTER SET FOR ORDER TO SHOW CAUSE WHY SANCTIONS OR A DISMISSAL OF THE ENTIRE ACTION SHOULD NOT BE IMPOSED FOR FAILURE TO FILE ANY AND ALL PAPERS/DOCUMENTS NECESSARY TO BRING THE MATTER TO TRIAL
OR TO EFFECT A FINAL DISPOSITION AS TO ALL ISSUES AND PARTIES TO THE ACTION. HEARING ON 11/19/07 AT 08:30 AM, IN DEPT. (…) . CLERK’S CERTIFICATE OF SERVICE MAILED/GIVEN TO RESPECTIVE PARTIES /COUNSEL.”

Question: is this mention bad for me or bad for the Plaintiff? Do I have to show up in Court at the scheduled date, or is it just a preliminary hearing for the Plaintiff to show the judge they have a valid case against me? Am I at risk of a bench warrant if I can’t show up for that hearing?
Thanks ++ for your qualif. answ.

Superspice asked:


For the past 10yrs, I’ve been trying to better my life: go back to school, improve credit, better my relationships, acheive more in my new career, live in the city of my dreams,and find someone to share my life with. Instead, I’m deeper in debt, I can barely pay my rent, I’m lonely in this new city, my jobs have not worked out, and I’m only meeting men who only want to sleep with me. Things started going downhill as soon as decided I didn’t want to settle for mediocre and that I deserved not to settle. I’m feeling like a complete failure. Why work hard to improve my skills only to be passed over for promotion cuz I don’t do drugs with management? Why present yourself with style and class when some men just really want you to be a whore?What’s the point of fight to climbi a ladder only to find yourself deeper in a whole?

poll p asked:


check box yes or no? see below. me only owner

“Check this box if one or more of the members of the company are to be liable for its debts and obligations under section 33-44-303. If one or more members are so liable, specify which member, and for which debts, obligations or liabilites such member are liable in their capacity as members”
The law
(a) Except as otherwise provided in subsection (c), the debts, obligations, and liabilities of a limited liability company, whether arising in contract, tort, or otherwise, are solely the debts, obligations, and liabilities of the company. A member or manager is not personally liable for a debt, obligation, or liability of the company solely by reason of being or acting as a member or manager.
(b) The failure of a limited liability company to observe the usual company formalities or requirements relating to the exercise of its company powers or management of its business is not a ground for imposing personal liability on the members