pham1skee asked: Those debt relief agencies that help you get rid of debt fast tell you to stop paying your bills and instead you pay them. They then use the money you send them to negotiate lower payoffs to your lenders. What are the pros and cons of doing this and how long will it [...]
seeker asked: I have credit card debt that I am considering using a Debt Management Company. Any thoughts?Melvin
whale2216 asked: We have 2 children and will be debt free by the end of March. What are the tax benefits. For example, mortgage write off verses increased taxes. Looking for some informtation.Leola
baracusbear asked: After careful consideration and with the help of some pprofessionals as to what to do in our financial situation we have decided to handle our debt negotiations ourselves instead of using one of these debt settlement companies out there. I typed up a proposal letter to request setteling on our debt up to [...]
Teri M asked: I need to lower all of my bill. I want to get into a free non profit debt consolidation.Chandra
your_pet_sitter asked: I am about to start negotiating debt settlement with Bank of America. Have you been successfull? Does anyone have a good phone number for them where I can start the process?Jimmy
Sue Z asked: I am considering debt settlement and I am very scared after looking at some of these posts. Has anyone actually used it and it worked for them without a problem? I am currently current on all my credit cards bills, but I don’t think I can keep it up and [...]
thebuffettour asked: As far as I can tell “debt management programs” are really just friendly faces of creditors that aren’t interested in helping you as much as they are creditors. My wife was using one when we first married and they screwed everything up. It also destroyed my wifes credit for 7 years and charged [...]
justapiece44 asked: How do they proper? Is what they do legal and does it really stop collection calls? What if a person is already in a payment program where they have access to your checking account and you turn your debts over to a debt relief company? What is the procedures. [...]
Rosemarie C asked: I was worrying that I wouldn’t be able to get private student loans in the future. I am a full time student now and my credit card debt is out of control. My only way out is through debt settlement. I hear it will affect my credit score badly–something [...]