I currently have $130,000 in Credit Card Debt and a $200,000 line of credit that I cannot pay back. I have other assorted other unsecured debt of $10,000 and Student loans of over $50,000. My wife and I make about $130,000 gross and have a $205,000 mortgage.
We are enrolled with CCDN and the Freedom From Debt Alliance but feel that they are scams. What options are there for us? We are losing sleep and need to get it resolved ASAP. I do not have any retirement funds or assets to liquidate to pay this back. It is looking like bankruptcy may be our only option unless we can get our debt negotiated to 20-30 cents on the dollar.
Is Freedom From Debt Alliance a scam? Well I’d have to put that in my “Hell Yes” box. Just look at the stuff I written that includes information about the Freedom From Debt Alliance.
Frankly, you need to click here to find a local bankruptcy attorney you like. Bankruptcy is the fastest, most logical way to address the situation. It also gives you protection and right under the law from your creditors.
How did you get sucked into this mess with them and how much did you pay for CCDN and FFDA services?