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Ask The Get Out of Debt Experts

I Got a New 1099-C on an Old Mobile Home That Was Repossessed. – Donna

1099C

“Dear Steve, Purchased a mobile home in 1996 with a mortgaged amount of 47000. Mobile home repossessed in 2003. My husband and I separated in May 2002. He refused to help pay any debt (mortgage, credit cards, etc). I immediately called the mortgage company to ask for help. They refused. I paid the note until August because by then I ... Read More »

Wells Fargo Bank Wants Us to Apply for a Loan Remodification With Bankruptcy. – Monique

mysterious

“Dear Steve, My husband and I are behind on our Mortgage payments. After my husband hurt himself and was out of work for 3 months they put us on a 6 month repayment plan but it is coming to an end May 29th. We have filed bankruptcy and wells fargo knows this. We would like to keep the house if ... Read More »

Should We File Bankruptcy When Our ARM Adjusts? – Mark

money down the drain

“Dear Steve, Support and live with wife and 3 children–23, 21 and 14 years old. I am 48 yrs. old Yearly income is $74,000/about $5050/month net Current on all bills and payments–have never missed a bill payment of any type. No extra money after bills per month. Job is secure but income will not increase much if any in the ... Read More »

National Housing Advocates Says They Can Modify My Mortgage if I Pay. – Reesa

Real Estate Concept

“Dear Steve, National Housing Advocates- assists with obtaining loan modifications and lowering principles. They say I definitely qualify for their help services because I’m upside down in my mortgage. They only guarantee that they will help me with the paperwork and obtaining mortgage assessment report Their fee is $3500, and there was no mention of a money back guarantee. Are ... Read More »

Bank of America Charged Off My Account Even Though I Made a Payment. – Mac

Bank

“Dear Steve, Erroneous Chargeoff of Bank of America Credit Card $22,000.00 Bank of America gave me a deadline of 5PM 30 November to make a payment on my credit card or it would be charged off. I made the payment of $600.00 using Bank of America’s Online Billpay service on November 29, 2012. Because of an error in their system, ... Read More »

I Was Hospitalized Without Insurance and Can’t Afford It. – Abril

operation

“Dear Steve, I am in so much debt and I have tried everything I could possibly think of but nothing is working. Please tell me what to do! Here’s my story. I’m a 20 y/o college student. A year ago (Feb. 2012) I got very very sick. I spent 3 weeks in the hospital quite literally fighting for my life. ... Read More »

We Are Both Out of Work and About to Lose the House. Should We File Bankruptcy? – Maria

qa7

“Dear Steve, My husband loses his job as of this year in a couple weeks. Due to family illness, I lost my job 2 years ago. He is in his late 60′s & I am 60. Due to all foreclosures in my area, unable to sell house for what we owe. We would have to pay out almost 9-15k to ... Read More »

Wells Fargo Did Not Reaffirm Our Mortgage in Our Bankruptcy. – Kenneth

questions

“Dear Steve, Me and my wife filed bk 7 in 2011 and some how Wells Fargo didn’t get reaffirmed our second mortgage with First Tennessee did get reaffirmend.I was trying to get refinance but wells fargo wont because we didn’t reaffirm.I applied with quicken loans and after apprisal the property is only worth 81000 and I wanted to borrow 80,000 ... Read More »

I Should be Able to Get My Student Loans Forgiven But Can’t. – Dan

Federal Student Aid Ombudsman

“Dear Steve, Science teacher in a low income school. Have been teaching for 15 years. I took out two federal loans for undergrad 1991-1995and another for masters in 2002 – 2004. I have applied for teacher loan forgiveness and have been turned down because I never paid off my undergrad loan in full. It is not in default. Otherwise I ... Read More »

United Financial Relief Wants to Sell Me California Debt Relief Program. – Karen

surprise

“Dear Steve, I am in the process of applying for California debt relief with United Financial Relief. I have about $16,000 in debt that my income can no longer manage. Are there any financial risks or obligations that I should be aware of, either now or in the future? Karen” Don’t miss our free Get Out of Debt – “How ... Read More »

US Council for Consumer Debt Relief Claims They Can Help Me. – Tracie

Big Scam Dog

“Dear Steve, I have constant mail about my finances as I have never contacted anyone. I recieved a letter from U. S. Council for Consumer Debt Relief saying I had qualified to participate in this Mon Profit 501c-3 creditor sponsored program. It says they are not affiliated with debt settlement and NO COST to enroll 888-593-6097. Says they will decrease ... Read More »

Can My Creditors Garnish My Assets in Texas? – Mary

closeup of a gavel on cash, from above

“Dear Steve, I have not paid my credit card payments for over 5 months due to the recession. I cannot afford to restructure them at this time because I am under employed and expect to be so forever due to my age. I live in Texas. Can one or all of the credit card companies garnish all or any part ... Read More »

My Merchant Account is Getting Lots of Charge Backs Because of My Fulfillment People. – Hendi

warehouse and worker

“Dear Steve, Doing joint venture with some people and now they don’t fulfill the clients order, ending up giving a charge-backs to my merchant account under my company name. Thank you for having some time to read this and respond to my questions. So my questions is do I have rights to file this to a debt collectors and try ... Read More »

My Son Was an Authorized User on My Credit Cards and I Filed Bankruptcy. – Betty

credit good

“Dear Steve, I am a Mother with a recent Chapter 7 Bankruptcy. I put my sons name on 2 of my credit cards as an authorized user in case of an emergency and actually forgot about it …. he never used either card. Now he has those 2 cards listed as Bankruptcy on his “very clean” credit report. He could ... Read More »

I’m Drowning in Student Loans Over My Head. – Thomas

Drowning swimmer

“Dear Steve, I have a huge student loan debt that I can’t seem to make head way on. I have a $100,000 is federal loans that have been consolidated with Direct loans and are now with Sallie Mae and $15,000 in private loans. My private loans i can handle making $124 a month payments. My federal is what is killing ... Read More »

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