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Hide Selected Option from the Agreement To Extend Debt Payment

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Aug 6th, 2022

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How to Hide Selected Option from the Agreement To Extend Debt Payment

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[Music] what you may have heard is that there is a big secret the nursing home doesnt want you to know before I tell you about the big secret Id like to show you what the nursing home will tell you if you go in to talk to them about placing a loved one what I want to show you is a very typical scenario that comes into our office hairy husband and Wanda wife Harry has had a stroke and needs nursing home care because Wanda cant take care of him at home so the nursing home will say Wanda youre going to be at home so were going to set the how society now you have about a hundred thousand dollars in CDs cash money market and investments Harry has an IRA with about a hundred thousand dollars Wanda has an IRA with about 75 thousand for a total of a hundred and seventy five thousand that really isnt worth a hundred and seventy five thousand because they havent paid the taxes on it for income harry has about two thousand dollars a month and Social Security and pension Wanda has eight hun

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What to do when youre in debt and have no money?

You can get out of debt with no money and bad credit with the help of a debt management program or a loan from a friend or family member. You should also look into getting a debt consolidation loan for bad credit, especially if you have some income despite not having any money saved.

What is an extension agreement on a car loan?

In general, a payment extension allows you to defer a certain number of monthly paymentsusually one or twountil a later date, providing a brief break for borrowers suffering unexpected financial hardships or a natural disaster.

How do I stop paying my credit card legally?

No, you really cant get rid of credit card debt without paying. Filing bankruptcy for credit card debt will indeed lets you escape credit card debt. But if youre asking, How can I get rid of credit card debt without paying anything to anybody? the answer is still: You cant!

Can you get an extension on a loan?

In general, a loan extension will allow you to skip a certain number of immediate paymentswhich, while not set in stone, is typically just oneand add them onto the back of the loan.

Can you ask for extension on loan?

A loan extension agreement is a mutual agreement between a lender and borrower that extends the maturity date on a borrowers loan. Most commonly used when a borrower falls behind on payments, a loan extension agreement can restructure the loan payment schedule to get the borrower back on track.

Can I extend the length of my loan?

It may be possible to extend your existing loan, but itll be at the lenders discretion and may cost you in interest and charges. Alternatively, you could consider transferring the debt to a different source of finance with lower interest rates, and spread the repayments over a longer timeframe.

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