debt management

 

 

Mary Had Her Motorcycle Repoed And Wants Your Advice

 Mary wrote in and asked the following question.
“I had a motorcycle repossessed and sold at an auction. They want me to pay the entire loan and a debt collection agency has taken over. What are my options? What is the best thing to do?” – Mary
Mary,
I wish I had some amazing advice for you to [...]

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How You Can Get Out of Debt Fast Without Filing Bankruptcy

 So there’s this guy, Scott, who has developed an ultimate guide to getting out of debt. Sure, I’m as skeptical as the next guy but after looking over the information I was left with a problem, it looked pretty good.
His information page actually contains a bunch of information that you don’t normally see which led [...]

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I’ve Been on the Care One Debt Management Program For Two Years. I’m on Disability. – Laurel

Laurel wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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How Do I Get Out of Debt Without a Huge Credit Card Payment Every Month? – Allison

Allison wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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I Am 90 Days Late on Two Credit Cards. A Debt Management Plan Company Said They Could Not Help Me. – Jennifer

Jennifer wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Diana Is Struggling to Make Credit Card Payments And Afraid

Diana wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Only Making Minimum Payments And Can’t Get Out of Debt. – Debbie

Debbie wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Bad Credit Debt Consolidation – Brutally Honest Advice

I could not help but notice the huge numbers of people searching for information for bad credit debt consolidation information. The phrase is almost an invitation for a bad outcome or maybe just an oxymoron.
When you have bad credit it is not an invitation for a debt consolidation loan from a debt consolidation firm. [...]

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Daisy Calls Again. Uncertain if Debt Settlement or Debt Management is Right for Her. – Get Out of Debt Podcast

Here is the latest Get Out of Debt show podcast.
Do You Have a Question You Want to Ask?
If you have a credit or debt question you’d like to ask call 919-321-2378. Leave your first name and question and I’m happy to help you totally for free.
@GetOutOfDebtGuy

Caller Question
Daisy called the other day and was [...]

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I Really Screwed Up And Need Some Direction. – Chris

Chris wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Why Does Credit Counseling Drop Us When We Can’t Make The Payment. – Tracy

Tracy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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I’m Enrolled in a Credit Counseling Program And Thinking About Dropping Out and Paying Creditors Myself. – Wilder

Wilder wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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How Do I Handle the One Creditor Not in My Debt Consolidation Plan That is Suing Me? – Tony

Tony wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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I’ve Got Eight Kids at Home and an Upside Down Mortgage. – Justin

Justin wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Most Debt Advice Suggested is Snake Oil or the Wrong Solution For People In Trouble. Here’s Why.

I’ve been following the conversations on Twitter (@GetOutOfDebtGuy) and watching what others are saying about debt management, credit counseling, debt settlement and bankruptcy and it really has me worried and concerned.
I’m a guy that lived through financial problems myself and went bankrupt in 1990. I then went on to found and run a non-profit credit [...]

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I Suggest Bankruptcy Too Often, So Say Some

I really do read all the comments, all the Twitter messages you send me and appreciate the feedback. Over time a common statement I get is about my recommendations is that people think I suggest bankruptcy too often.
For more information on this topic, please see The Truth About The Failure Rates and Completion Rates of [...]

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Do You Recommend Credit Counseling or is There a Better Way? – Danny

Danny wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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I Need Some Advice and Referrals For Bankruptcy and a Debt Financial Counselor. – Georgina

Georgina wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Do We Have Any Viable Alternatives Other Than Bankruptcy? – Paul

Paul wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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April Wants To Know “As A Single Mom, How Do I Get Out Of Debt?”

April wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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Bogus and Scam Credit Counseling Groups Become Target Of Florida Legal System

TALLAHASSEE, FL – Attorney General Bill McCollum today unveiled his office’s latest consumer protection initiative in the form of a coordinated enforcement effort targeting potentially improper tactics in Florida’s debt relief industry. In a statewide initiative, the Attorney General’s Economic Crimes Division has taken legal action against five companies and opened formal investigations into the [...]

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Keith Writes in And Wants To Know “Should I Consider Debt Consolidation For a Fee?”

Keith wrote to me through the GetOutOfDebt.org site and asked me the following question. You can write me too!
“I have $30,000 in credit card debt plus $160,000 in home loans and business loans. Should I consider debt consolidation from a company that charges me a fee each month?”
Keith,
Excellent question and my answer may surprise you, [...]

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Jill Says, “I’m a Stay At Home Mom. We Are Starting To Sink.”

Jill wrote me through the GetOutofDebt.org site and asked for help. You can write me also and ask for help.

“We are in a load of debt. My husband makes $90,000 a year, I am a stay at home mom. We own our home, but there is not much equity so we can’t refinance. We owe [...]

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