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Debt Settlement

Ferry & Nichols Said Barclay’s Bank Sued Me. – Amanda

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“Dear Steve, I just received a letter in the mail from Ferry & Nicholas, Inc., which reads almost identical to the letter from them posted on your website. They indicated Barclay’s Bank has filed a claim against me and the Sherrif will serve me soon. They also stated the creditor may attach my checking account. They provided me a case ... Read More »

American Debt Mediators Scares Woman

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“Dear Steve, She has been scammed, and it is affecting her health. I sometimes wish I hadn’t said anything to her. Please advise me how to help her. I have worked in small claims court and have a feel for the process. But I told her this was a scam and now she is scared to death. I need to ... Read More »

Can I Trust Debt Settlement Companies Who Promise Big Results? – Lisa

hiding

“Dear Damon, I am $30,000 in debt. What would be your advice in dealing with companies of debt settlements who claims to reduce your debt by 50% and charges you 20-23% interest if your total debt? Lisa” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, ... Read More »

We Are On Disability and Social Security and the Debt Settlement Company Says They Can Help. – Brett

scammer

“Dear Damon, I am on disability with a an income less than 30% of my working income. My wife has a start-up business that continues to lose money and has been unsuccessful at finding a job. During the last 6 years on disability we burned through our savings as well as accumulating about $200,000 in unsecured credit card debt. Although ... Read More »

I’m Think About Using National Debt Relief. How Will It Hurt Me? – Steven

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“Dear Steve, I am reaching a point with my debt that I am unable to get out from under. I am maxing out and while I can current on all cards and making more than the minimum payment, am never going to get out from under given that my current income is only about half of what I use to ... Read More »

Can I Negotiate a Settlement With My Own Credit Card Companies? – Larry

puzzled looking little boy looking to the left

“Dear Michael, I have the great deal credit debt – long story – used a number courtesy checks against these credit cards to add monies into company believing I would pay them off. Well that did not happen, so I have been paying monthly and these amounts – never go down due the interest rates. Instead of using one of ... Read More »

My Debt Relief Company Vanished and I Want My Escrow Money Back. – Julie

Where did my debt relief company go?

“Dear Steve, I cannot get in touch with my debt relief company. I have 1900.00 built up in my escrow with my debt relief co. I have tried to get in touch with them, for status updates, with no response. The numbers are disconnected and I get no response when I mailed a letter to the address. should I stop ... Read More »

I Enrolled With Freedom Debt Relief and Now I’m Thinking About National Debt Relief. – Marty

stolen idea

“Dear Steve, Unfortunately, we have been spending more than I bring home. Instead of directly dealing with this, I took out cash advances on my credit cards. Then, I took out a personal loan to pay them off. Unfortunately, the same situation arose and then I took out cash advances on my credit cards, followed by a personal line of ... Read More »

Will American Express Settle With Legal Helpers Debt Resolution? – Dave

boxer

“Dear Steve, Signed up almost 3 yrs ago with Legal Helpers Debt Resolution. Almost at the end of 3 yr contract. Started with 5 CC accounts. Now only 2 left. LHDR negotiated 3 (2 to go). I still have 2 CC debts to settle. One is for 13K (they have not been agressive and have not taken any legal steps ... Read More »

Lloyd Ward & Associates Stopped Settling My Accounts. – Bill

wtf

“Dear Steve, 2 and a 1/2 years I have been on a Debt Relief program with Lloyd Ward and Associates. 5 credit cards have been paid off with 4 more to go. In April of 2012 they transfered from Noteworld to Global Solutions claiming the fees for me are less. Right after the transfer most of the employees defected to ... Read More »

WFS Debt Relief & Whitelight Financial Services Scammed Me for $1,500. – Wes

Shocked Face

“Dear Steve, About 3 yrs ago I was having a difficult time keeping up with my high interest credit card bills and overheard on the local radio station about WFS Debt Relief. At that point I was still making all payments and on time. I was new to the whole “debt consolidation” industry and was simply looking for some help. ... Read More »

Cockburn & Associate Claims Make Me Wonder If They Are True – Georgia

canada-new-car-window-sticker

“Dear Steve, I have quite a bit of debt outside of my mortgage about $60,000 and it is causing us much stress and it just seems to keep going up rather then diminishing at all so I have been trying to figure out ways to pay it down this is how I came across the company I have a question ... Read More »

Asset Rich But Cash Poor. Want to Settle My Debt and Pay for Delete

family portrait

“Dear Steve, I have a different problem than a lot of your readers. I have lots of assets, but my income is very limited. I have property worth about a million dollars, but because it is more than 5 acres with a manufactured home no one will loan against it. In about 2 years will start collecting social security so ... Read More »

Is My Plan to Deal With My United Recovery Debt a Good One?

stolen idea

“Dear Steve, 1. 1993 – I get a credit card, my first and only (Cap One). 2. It’s fine for several years. 3. 2003 – Divorce, followed by scary major illness; unable to work. Disaster. Balance creeping up. 4. More disaster. Long irrelevant story. I use the cc to pay the rent. Keeping the roof over the kids’ heads. 5. ... Read More »

How Do I Settle My Debt With a Collection Agency?

Financing a budget

“Dear Steve, Time to Face the Dragon? I have 40k in credit card debt amassed during 2 years of unemployment. 28k of it has been sold to third party collectors. I am now in a position to clean it all up. I realize now I should have declared bankruptcy. But it’s too late now since I am employed again. So- ... Read More »

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