I’m Unemployed and in a Debt Settlement Plan With Freedom Debt Relief. – Cheryl

“Dear Steve,

Due to job loss and severe health problems over the last 2 years, I have over $75K in credit card debt. My unemployment payments recently stopped and I got scared – so I contacted Freedom Debt Relief. Some of the comments you put up have made me nervous – especially about being sued. I am only a couple of weeks into this process.

Would it be worth my while to have a lawyer intervene and consider filing bankruptcy – I am 63. Or should I give this process time and see what happens. I certainly do not have thousands of dollars to settle law suits.


Dear Cheryl,

I can’t see how a debt settlement approach makes any sense in your situation. You have no income. How in the world would any debt settlement company think it was reasonable for you to pay their fee and save up $40,000 to settle?

You need to close the door on this old debt and focus your efforts into looking for a job instead of answering calls from debt collectors and waiting to be sued. Click here to find a local bankruptcy attorney and go seem them ASAP.

Please update me on your progress by

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

Do you have a question you'd like to ask me for free? Go ahead and click here.
Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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