Can creditors sue me for debts if I file for bankruptcy?

Helping someone is an ethical thing to do when they are at the point that they need help. But there are situations that those people who seek help are pretending only to get an advantage with you. You must always choose people who you would help. When you are helping, do not expect something in return. If you are being helped and want to return the favor in ways that you can provide it is good. If the person accepts your way of gratitude and wants something inhuman, you can demand them for harassment.

The family, including his wife (unless they have joint accounts) and sons, will not be inheriting the debts that your uncle left them. The debts of your uncle will be payable out of his estate. The executor responsible will then proceed to sell off investments and withdraw the money left in the deceased's bank accounts to pay off his debts. After settling the debts, is the time when the executor will distribute the remaining assets according to the instructions of the deceased’s will.

When collecting a debt from someone, you must do everthing professionally. In this case, the debt collector dealt it in a private settlement. What sets them apart from your neighbourhood ah long is the fact that they try to comply with the law. There’s also an industry Code of Ethics set up by the Credit Collection Association of Singapore, which resolves disputes between debtors and collection agencies; however, the CCAS does not have a great deal of power to enforce the code.

Being a guarantor is a nice job since you will be able to get a big money when one of your products was sold like a house or a car because it will be one huge amount of money in one person. But of course, it will tough during the first times since your credibility will be in question but once the skill was proven, more clients will come to your way.

As long as you are able to pay your credit balance as soon as possible, I don't see the harm in paying of a loan with your credit cards, since it would obviously be better for you to pay the loan that you had before, since every month it will increase in interest and would cost more, while the credit card that you posses only needs to be paid monthly and will be unaccesible only if you exceed the credit limit but mind you, as long as it remains unpaid credit can also increase in interest so exercise this with caution

Most loan sharks have a lot of money due to their way of business. Other loan sharks are under by a much bigger company that also lend money. Even though being a loan shark is illegal, they still continue to do this business. They usually do this illegal stuffs to pay their debts. So even though they are doing illegal things, they are doing it to pay other people.