I want to take a commercial mortgage soon. I am planning a business with my friend. We will be taking a joint mortgage. As we are new to a business, we have a lot to know about the financing options available.
In a search, I came to read, a commercial mortgage could help us. But it is said to have some difference with other mortgages. Does anyone know the difference between commercial mortgages with other mortgages? And for a joint mortgage, how would be the monthly payments be divided among the partners? Is it divided equally between partners or based on the monthly income?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.