Latest Posts
Home > Tag Archives: lump sum

Tag Archives: lump sum

Am I Able to Settle My Debts With My Credit Card Companies Even Though I’m Current? – Kaye

justball-144x125

Kaye “Dear Steve, I have $25,000 in credit card debt (that I am current on and make the minimum payments each month). Should I file bankruptcy? Am I able to “settle” with any of these creditors to pay off a lump sum amount that is less than what I owe (if I am current on all accounts)? I am current ... Read More »

Lynn is Working With a Debt Settlement Company But Being Sued By Her Creditor

justball-144x125

“Dear Steve, I am with a debt negotiation company for over a year and i am being sued for one of my debts, the law office that represents the debt informed me that the company I am paying money to never contacted them when I faxed the letter over a month ago. Now I have been summonsed to court and ... Read More »

Should We Use Freedom Debt Relief or an Attorney to Help Us With Debt Settlement? – Debbie

justball-144x125

“Dear Steve, We are drowning in unsecured debt and cannot get our heads above water. We are trying to decide whether to go with a debt settlement company (we are leaning toward Freedom Debt Relief) or contact an attorney. Not sure if the fees would be comparable- or if the attorney would be able to help us in the same ... Read More »

Can I Call Citi to See if They WIll Let Me Settle My Debt For Less? – Joe

justball-144x125

“Dear Steve, I have apx 22K in credit card debt from medical bills one year we didn’t have medical coverage. I have steady income now and can access apx 15K in a HELOC. I have apx 22K in credit card debt and am current, can I get them to settle? We are current and have never been late with them. ... Read More »

I’m Very Close to Falling Behind on My Bills. Do I Have any Options Other Than Bankruptcy? – Paul

justball-144x125

“Dear Steve, I have piled up over $60k of credit card debt over the past couple of years. My gross income has been in the $55k range for the past two years. I am in a business where my income should continue to grow but with minimums around $1300 per month I’m very close to falling behind on these and/or ... Read More »

Shane is Out of Work, Out of Money and Out of Time

justball-144x125

Shane “Dear Steve, I lost job January 3, 2008 and now have $30,000 in card debt plus $30,000 in personal loans. Should i use debt settlemant company? I know bankruptcy is bad. Shane” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to ... Read More »

How Can I Negotiate a Lower Balance to Pay Back My Credit Cards? – David

justball-144x125

“Dear Steve, I’m several months behind on several credit cards. Now have money to pay them off through a loan I got on my house. Can I negotiate a lower payoff with the credit card companies? David” 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 »

Diane Writes In “I Want to Settle My Debt. My Creditor Wants to Take Me to Court.”

justball-144x125

Diane wrote to me at the GetOutOfDebt.org site and asked for help with her debt situation. You can write me too if you need help. Here is what Diane said: “Dear Steve, I have signed up with New Beginnings to get out of debt. I have paid them for two months so far and have stopped paying on a loan ... 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.