Latest Posts
Home > Ask The Get Out of Debt Experts (page 58)

Ask The Get Out of Debt Experts

Can the Creditors Extend Our IVA Even if We Have No Equity in Our House? – Ken

3D Iva button block cube text

“Dear Jon, My wife and I are in an IVA and have made all the payments for the last six years. We have no equity in our house at this point. Can the creditors extend the Individual Voluntary Arrangement to eight years to make up for the lack of equity in our house? Ken” Don’t miss our free Get Out ... Read More »

We Are 65+. Our Business and Personal Real Estate Investments Have Tanked. What Should We Do? – Lou

New Construction

“Dear Steve, We have in the process of loosing everything after 45 years of working. Our real estate ventures in AZ plunged us in to a financial crisis when the market crashed. We continued to throw money at all the properties thinking & hoping the market would come back which it has not. Fast forward — now we are faced ... Read More »

I Want to Get a Student Loan to Improve My Credit Score. – Eli

"Credit rating" handwritten with white chalk on a blackboard

“Dear Steve, I have a great credit score (mid-700′s), nothing negative in my credit history, 10 year credit history, 10 open credit cards, have paid every single credit card bill in full on time my entire life, 2 car loans, mortgage. With interest rates at historic lows, I’m looking to refinance. However, I’m finding that I can’t get the best ... Read More »

I’m an E-4 in the Navy and Broke. – Donek

121112-N-LP801-092

“Dear Steve, i am and E-4 in the USN. i have a credit card payment, car payment, and a personal loan from my bank all in all equaling about 500 a month. all this on top of my regular bills. all of this i can normally handle however with in the last 3 weeks we have been in 3 car ... Read More »

Single Parent, Stuck in Low Wage Jobs, Huge Student Loan Debt. – Heather

sad-woman

“Dear Steve, I am a single parent, sort of an empty nester, but not quite. I have always worked low wage jobs because I don’t know the right people. I thought my brains and work ethic would get me past that. Long story short, I finally graduated college at 40, but I am still working the same dead end job ... Read More »

Should I Get Divorced Before Bankruptcy or Wait? – Denise

qa5

“Dear Steve, I am about $40,000 in debt including a car loan 3 judgements and small bills such as cable, phone and some medical bills I am extremely concerned about the three judgements against me (one for $5000 and two for $3000)…Cancer/spousal abandonment, being a victim of the landlord not paying the mortgage with my rent and a former friend ... Read More »

How to Really Discharge Your Student Loans in Bankruptcy. Many Can. But Never Try.

Student Loan Corkboard Concept

For years we’ve all heard the same message that it’s near darn impossible to discharge student loans in bankruptcy. We’ve heard that the undue hardship standards make it so onerous that expecting a student loan discharge is all but an act of God. But what if that belief was actually more myth than fact? Recently Jason Iuliano, (J.D. Harvard Law ... Read More »

How Much of a Hit Will Out Credit Score Take When We File Bankruptcy? – Larry

Bankrupt

“Dear Steve, I have filed Chapter 7 that was discharged in oct 11, so my credit is still not good. My wife’s credit is good, around 800. We still have a few issues we are dealing with regarding banks, one the FDIC that took over a bank We are hoping to work something out so she does not have to ... Read More »

I’m in the Military Reserves. How Can I Get My Student Loans Forgiven? – Kolby

Meeting with Pusht-e Rod leadership

“Dear Steve, Military Member in the Reserves, Student loan forgiveness and lender credit freeze at a 6% interest rate How does the loan forgiveness work for military members? I have been in the Army Reserves for the past 2 years does the program apply to me? I was also wondering about the 6% interest freeze on debt for military members ... Read More »

Is American Remedy Center in California a Scam? – Jose

danger

“Dear Steve, We received by mail a letter from one company oferring help us with the mortgage payment reduction for our home in Florida. It’s law office named America Remedy Center in California. The person in charge of my case request for sing a contract. And a payment of over $1000.00 dollars. How can I, know if this people really ... Read More »

Fairmount Financial Group Charged Me a Fee to Get a Loan. Are They a Fraud? – Aaron

Screen Shot 2013-01-03 at 11.46.53 AM

“Dear Steve, I am not sure this company is a fraud company. I was seeing if you can find that out for me? I was trying to get a loan online and this company called “Fairmount Financial Group” called and they wanted money up front because my credit score is not the greatest, so I sent the money through moneygram ... Read More »

What is the Easiest and Quickest Way to Get the Debts Paid Off Sooner? – Donise

Speech Bubble - Q&A

“Dear Steve, We are struggling to get out of debt from our mortgage, car payments,and be able to live the life style that we want. and for my husband to retire sooner. We just keep getting deeper in debt What is the easiest and quickest way to get the debts paid off sooner? Donise” Don’t miss our free Get Out ... Read More »

I Have an Old Traffic Ticket. How Can I Get My Fines Reduced? – Michelle

traffic ticket

“Dear Steve, I have a speeding ticket that went to collections 3 year ago I believe, I could not pay it at the time because I had no job and the judge wanted me to do community service, but I could not drive because my license was suspended and had no reliable transportation, so I cannot get my license back. ... Read More »

Can I Be On Two Different Payment Plans With the IRS? – Mary

justball-144x125

“Dear Jim, Currently on a payment agreement with the irs for one year, with payments being $25.00 a month. I’m not employed, but I am seeking employment. Most likely my next employment will be of minimum wage. I have nothing, no properties, cars, nor any type of valuables. The due amount is about $16,000. For taxes of Yr 2010. I ... Read More »

My Husband and I Can’t Talk About Our Debt. The Stress is Terrible. – Melissa

couple fighting

“Dear Steve, married 6 months…i just dont know how to tell my husband that i have terrible debt…he seems to avoid hearing me and attempting to assume and responsibility to help me. It is putting my marriage at risk because I am so stressed….. i cant focus on the whole marriage be happy thing!!! I feel ashamed and also like ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.