Question from a reader:
I saw information that the leader of the “Party for Everyone to Create Together,” who received a decision to start bankruptcy proceedings from the Tokyo District Court, traveled to Jeju Island without the court’s permission. It is said that Article 37, Paragraph 1 of the Bankruptcy Act does not have any penal provisions, but if the party
Question from a reader:
I have a question about loans. I borrowed 1 million yen at an annual interest rate of 5%, and the due date is July 31. I believe the interest until the due date is calculated at an annual rate of 5%, but will a penalty of 20% apply after July 31? I would appreciate your guidance.
Question from a reader:
If A, B, and C companies have lent me money and my salary is being garnished because I can’t repay, will a quarter of my salary be deducted? Also, what happens if a garnishment comes to my house and there are no assets to seize?
Hmm, this
Question from a reader:
I borrowed money from a consumer finance company in the past and have now paid it off, but recently I’ve been thinking about borrowing money again because I’m short on entertainment expenses. Do people who have paid off their debts think, “I never want to borrow again” based on their experiences? I want to know how they
Question from a reader:
I received a letter from the court regarding overdue payments on my PayPay card. How should I write my response to avoid having to appear in court? If anyone has experience, please give me some advice.
Hello everyone. Today, I want to discuss a somewhat heavy topic: overdue payments
Question from a reader:
I have a consultation regarding personal rehabilitation. Currently, I am using a mortgage and Orix ONE (a loan of 10% of the property price), both borrowed from the same financial institution. A second-ranking mortgage is set on Orix ONE. I have other debts as well and am considering personal rehabilitation, but I am worried about whether I
Question from a reader:
I have fallen behind on my payday loan, and I received a letter from a law firm yesterday, but they didn’t answer when I called. It’s a place called Ichigaya Central Law Office. I plan to make the payment next month, but I’m worried about how long it will take before it goes to court. The amount
Question from a reader:
Is there anyone who can explain debt consolidation? I would like to know in detail the advantages and disadvantages from those who have actually experienced it. I have seen some information about the disadvantages online, but my understanding is still insufficient, so I would appreciate it if you could explain it in detail.
Question from a reader:
My name is Mizuhara Ippei, and I am currently 40 years old with a confirmed five-year prison sentence. I have a debt of 2.8 billion yen, and I wonder if there is any way I can pay it off while I am still alive. If you have any advice, please let me know.
Question from Readers:
How long would it take to repay 2.6 billion yen if I pay 100,000 yen each month? I’m struggling with the calculations.
While chatting with friends, the topic came up about how long it would take to repay 2.6 billion yen if I paid 100,000 yen a month. Initially, I thought, “Oh, that’s easy!” but when I did the math, the numbers were truly overwhelming. In one year, that’s 1.2 million yen; in 100 years, 120 million yen; in 200
