What happens if someone is independent, has no wife or kids, but has several thousands of dollars in credit card/student loan debt. Because he was young he had no will, he committed suicide. I’m not sure if his parents co-signed his loan for school. If they did do they have to pay considering he never finished school (payments are deferred until after graduation) and if they didn’t does the lender lose the money?

Also not sure if he declared himself independent or if his parents claimed him as a dependent because they were helping pay for college.

If his parents claimed him, and he declared himself independent, then who’s fault is that?

Everyone blames me for his death, although i disagree, I do feel guilty. Im trying to figure out whether or not his parents assumed his debt, because if they did, i’d like to help them out with it They are really nice people, and are both retired. It was bad enough that the lost nearly ALL of their retirement in the recession, they defaulted on their mortgage (which was their 2nd mortgage to help pay for his undergraduate degree), and his dad is too old to go back to work (commercial pilot). It’s bad enough they just lost their only child, and are in severe financial trouble themselves, they don’t need the extra debt.

Can any lawyers out there give me a legal summary and can any other person (you know…with a soul (sorry lawyers)) give any advice on the moral side of things? Thanks!

What is the advantage, if any, of using a business line of credit over a credit card, when both have the same rate of 9.95%?

I have a business credit line with a cash advance limit of 00. I need to make a cash or check payment of 00 using the credit line monies and paying by credit card is not an option. I have no idea how to do this. I am in a real jam and could really use some help. If anyone knows how to get around this or has any alternate payment methods, I would love to hear them. Thank you all for your help!

I have a start-up business. I haven’t sold or bought anything, due to the fact I don’t have any start-up funds. I have never used a credit card so I have no clue what my credit score is or even if i have one. I need a line of credit of at least 0,000. I don’t have anything to use as collateral except stock in my company. Where can I get a line of credit that my business would qualify for? And yes I do have a business plan.
My business plan has down a Line of Credit as the source of start-up funds and/or investors i.e. selling shares of the company. But regardless I need at least 0,000 to start it up.
I live in Idaho. Hopefully that covers enough informationwithout me having to make to many "Add details" hehe.

I was living on off campus housing in an apartment complex using school loans and now i have to move further away. When i moved into this apartment building which was off campus, the school handled the finances for the apartment, its basically an apartment for only college students. Now i am moving into a normal apartment building and am not sure how i can use school loans for this, do u get an account number or like a credit card with your school loan account to do this?? thanks

Asset-liability management is the term where the maturity of an asset is similar to the time that the liability expires. Which of the following is not good asset-liability matching? (Points: 4)
A. Brand new quality car financed by a 5-year loan.
B.Retirement fund for a 35-year old containing commercial real estate.
C.Loan from a commercial bank to a corporate account for working capital funded by the bank's retail checking accounts (consumer's deposits in checking accounts).
D. re-financing a credit card, exclusively used for grocery purchases in the amount of ,431.49, by taking out a second mortgage on the consumer's home.
E. used car purchase financed by a 3-year car loan.

Need a loan with not so go credit so I can buy a dulpex..
Well I owe 5,000 between doctor bills and a credit card plus 12,000 and some on a tax lien that my ex-husband di not pay so thats in my credit report..