Pay off debt at all costs?

I have 00 in credit card debt. I commute to school and I lost my job right at the beginning of the fall semester and with rising gas prices the dollars just racked up. Anyways, I’m back on my feet with a secure part time job and I need to pay off my debt. With my pay/hours right now I can pay off about 0-200 per month. My question is should I use my money I have in other places to pay off as much of this debt right now as possible? I have 0 in a savings bond, another 0 in a savings account my parents opened when I was little, and 00 in a college fund. So after all that my debt would be down to about 0. As much as I like having that college fund as back up I am a Dean’s List student and half my tuition is paid for by scholarships and the rest from government aid each year so I’ve never had to use it. I would really like to pay off my credit card, cut it up, and be done dealing with the debt…what do you think the best solution is? Throw all money I can at it now or just pay what I can each month?

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If you bankrupt a s corp with a edd debt do the officers of co. become personally liable? the co.?

the assets of the biz were sold 18months ago. The edd debt went to settlement 15months ago. Just received a call from the edd wanting to settle for a few thousand dollars less than the actual debt. Is there a sol on the settlement offer? Corp has no money, no bank accounts. Can the officers of the company be liable to the debt? Should i file bankruptcy on the business? what is the best solution?

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Why not pay off our national debt by allowing old people to die?

After all, the baby boomers are the irresponsible and selfish generation that has run up this huge debt for decades and now expect the next generation to pay for their excess’. They are now becoming elderly and cost lots of money to care for old people. Isn’t the best solution just to refuse to car for them and let them die? It is a very conservative proposal.
Still not willing to take responsibility I see.

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How are we going to solve the problem of national debt?

Obviously, the best solution is to raise taxes and cut government spending (on healthcare, police, education, and other essential public needs), and use the extra money to pay off the debt, but no politician can ever do that without jeopardizing their career, because not many people are going to support tax raises and cutting back on public goods and services.

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If you are trying to get rid of debt, what would be the best solution for you?

If you are trying to get rid of debt, what would be the best solution for you?

What would you do?
Use the money to focus on Getting rid of liability or start focusing on building an asset that will generate income so that you can pay off your loans and liabilities?

Which will be your priority and why?

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