Too often this scenario results in
massive individual debt, no matter how the business is organized.
Not exact matches
This amount of
debt can be a
massive burden for Americans in retirement, when most
individuals need to cut back on expenses to stretch savings.
Anytime that an
individual accumulates a
massive amount of
debt with several different lending services it can be nearly impossible to fix this dilemma on their own.
With many c oll ege graduates overwhelmed with
massive student loan
debt and often failing to make high monthly payments,
individuals with student loans may be uniquely vulnerable to these types of ads.
If we can't help people get the education they need to be competitive in this world without being in
massive quantities of
debt, it hurts the entire country, not just those
individuals.
The funds from life insurance are received income tax free by beneficiaries, and the funds can be used for mostly any need that the
individual (s) sees fit, such as the payoff of
massive debts (including a mortgage balance), the payment of everyday living expenses, and / or to ensure that a child or a grandchild will have the money they need for their future college education.