I have a whole
bunch of debt from my BFA, but I don't regret it at all.
Not exact matches
What we do is we take all
of the data
from all
of our clients over the last couple
of years, because if you file a bankruptcy or consumer proposal with Hoyes Michalos, obviously it's a legal process, we're required to gather a
bunch of data, obviously your name and address but a whole
bunch of detail on your
debts, your assets, your income that sort
of thing.
Now there are — the other side
of the sword as I was saying, is that if you have short - term
debt, let's say a
bunch of credit cards and you're paying somewhere
from 18 to 22 % interest on it, it might be wise to let's say roll that
debt into let's say a second mortgage.
It's one where the general perception is my clients are irresponsible and just racked up a
bunch of credit card
debt from extravagant living.
He came over to the US
from Germany in 1997 with 2 suitcases and a
bunch of student
debt.