Category Archives: Ask The Get Out of Debt Experts
- Accredited Debt Relief and InCharge Debt Solutions Advice Needed. Should I Go With Them? – Ashley
I read your article about incharge and accredited debt relief and i acutally have a time set up to speck with a guy named Ted at accredited. Can i send you a copy of the terms and see what you think. My husband and i are trying to determine if we should use them or [...]
- Can I Accept Responsibility and Pay Off My Debts Without My Husband’s Assistance? – Debt
I am 47 years old with credit card debts totally about 15K and Student Loans in excess of 30K. I married my husband 2 years ago in order to provide health insurance for him and his son due to employment changes. Shortly after our marriage, my employer decided to close the doors where I was [...]
- Should I File Bankruptcy After My Divorce? – Marie
I was married for 11 years. My credit was always in good standing and I paid my bills on time. My now ex-husband and I kept all of our banking and credit card accounts separate. Reason being is that his credit was really bad. Due to helping bail him out of financial disasters over the [...]
- Living With In-Laws, Deep in Debt, Husband in Denial, Marriage on the Rocks, and I Need Debt Relief! – Sharla
My husband and I both have federal student loan debts (US Dept of Ed and Sallie Mae). We have already each consolidated and are on 20 year repayment terms. He used credit card in college so we had $8000 credit card debt when we began our marriage. We were able to make payments, but have [...]
- Can We Get a Loan on the Equity in Our House Without Refinancing? – Dorothy
We want to get cash out of our house, but wonder if we can do this without refinancing the house. Because if we refinance it will take longer to pay off the house. We have 6 more years to pay on it. We want to consolidate our bills with the cash. The Answer: Dear Dorothy, [...]
- I Might Have Fallen for the National Debt Relief Hardship Program. – Pam
I received a letter much like what Ive seen here on your website. I may have gone too far with them and given them too much info. Especially if they are a tricky collection scam. Not sure how to proceed. I have fallen behind in my credit card payments for one card do to an [...]
- Am I Legally Obliged to Pay Security Credit Services that Bought My Debt? – Julie
I have debt with Wells Fargo, I’ve received a court summons from an Attorney’ Office which is representing a company called “Security Credit Services, LLC” which must have bought my debt from Wells Fargo. I do admit that I had a loan from Wells Fargo some time ago and ran into some hard financial times [...]
- Credit Cards and Government Student Loans Need Debt Relief and Debt Advice to Enter Military. – Paul
Sir, I wanted to ask you what my options are concerning my credit card and government student loan debt, as it seems that everyone has special interests and they are not primarily interested in helping you first when it comes to debt relief. When I went to college in 2003 right out of high school [...]
- My Girlfriend and Friends Used My Credit Cards and Left Me Deep in Debt. – Sean
Well lets just start by saying I’m an idiot and probably deserve where I’m at now. With that said, a few years ago I helped a friend of mine out renting a van to take several people to disneyland for a birthday. I let them put the rental on my credit card sayin that they [...]
- Credit Resolution Advisors Just Sent Me a Mailer. – Sumir
“Dear Steve, Hello there I was googling geting out of debt help or tips and I came across your website. I got a letter from a company called Credit Resolution Advisors, they sent me a letter on potentially getting out of debt, I have not called them just yet, but I wanted to consult with [...]
- The Student Loan Death Trap: Private Student Loans Drive the Future into Poverty. – Rachel
My situation is so horrible and massively complex it’s difficult to explain in a way without running off on other subjects, but mainly my problem is I can’t seem to find out how to survive with a life worth living while having my student loans on my shoulders. If it were just the federal loans..I [...]
- Deficiency After Foreclosure in Virginia. Do I Have a Recourse or Non-Recourse Mortgage? – MDR
Photo Credit: TaberAndrew Hi. I lost a home to foreclosure in Virginia two years ago. I had no education about deficiencies until I started getting phone calls from a company called LCS Financial services. Well now I have found that the debt was given to this collection agency and they are asking for a whopping [...]
- Should I Pay Credit Cards Down or Create Emergency Fund With My Tax Refund?
I have $5,800 of credit card debt with a high interest rate. This year I had a medical emergency and have depleted my savings, and have no savings cushion. I usually get an approximately $2,500 tax refund every year. How do I get the most out of my return? Rebuild my emergency fund, or pay [...]
- How Much Time Do I Have to Get My Motorcycle Back After Being Repossessed? – Ashton
HSBC just repossessed my motorcycle and they want the lump some that pays it off in order to get it back. During the past few months I called and changed my address with them which turns out they never did and made arrangements with them to make the account current and avoid repossession and again [...]
- I Signed With Bay View Law Group. How Can I Make this Right with My Creditor? – Amy
I signed with Bayview law group. I was current on my credit cards- only 2 of them. THey told me I would need to miss a payment then I could enter the program. I made 7 monthly payments of 460. each month. Now I learn I have 500. in my trust acc’t and I can’t [...]