Again, ultimately a question for a lawyer, not Google, but to begin your research, let's roll up our sleeves and delve into
some common debt scenarios and break it down.
Not exact matches
It is
common that you will have
debts of different kinds which makes the
scenario more complex.
The most
common scenario is when you can get a lower interest rate on the new
debt compared to the old one.
Another
common joint
debt scenario may be a couple with a loan who have recently separated.
Someone comes to me with $ 50,000 in student loan
debt, their wages are about to get garnished and they are 5 months behind on their payments, this is a
common scenario.
Licensed Insolvency Trustee Blair Mantin discusses some
common scenarios where people are hit by «all of a sudden»
debt - and what can be done about it.
Common scenarios include the payment of spousal support arrears, business
debt collections, and personal injury settlements.
The most
common scenarios are loan or
debt collections and spousal support payments.
There are two
common fraud
scenarios we are seeing, business loan fraud and
debt collection fraud.