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I Have Contacted CCCS and Money Management International And Was Told They Can’t Help Me. – Josephine

“Dear Steve,

I have contacted CCCS and Money Management International and was told my debt/inome ratio would make it impossible to make payment arrangements with citi that I owe $25,000.00. Then I saw a bankruptcy attorney.

The bankruptcy atty told me that I have too much equity in my house to go bankrupt and yet I can barely make ends meet with the mortgage payment I have. How can I keep my house and pay back Citi?

Josephine”

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Steve Rhode

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.

20 Comments

  • I am in MMI right now. I married into debt without knowing it, saw their ad online, called, and they had everything set up in less than a month. They lowered all of my (my husband’s) credit card interest rates by at least half. One from GE Money was 29.9% and they lowered it to 15%, this lowered the amount you have to pay out as the minimum payment as well. They were very forward with information and they walked me through it all step-by-step. YOU have to provide them with information, but they do the rest. This isn’t a scam. I live in Alabama, need to have my husband out of debt so we can get a house, and they have made that possible. We have been doing it for over year, and I am over halfway done with getting it all settled. Starting with $24,000+, we are down to less than $8,000, but I am adamant about getting out of debt. If you want it to work, you have to be too.

  • I am in MMI right now. I married into debt without knowing it, saw their ad online, called, and they had everything set up in less than a month. They lowered all of my (my husband’s) credit card interest rates by at least half. One from GE Money was 29.9% and they lowered it to 15%, this lowered the amount you have to pay out as the minimum payment as well. They were very forward with information and they walked me through it all step-by-step. YOU have to provide them with information, but they do the rest. This isn’t a scam. I live in Alabama, need to have my husband out of debt so we can get a house, and they have made that possible. We have been doing it for over year, and I am over halfway done with getting it all settled. Starting with $24,000+, we are down to less than $8,000, but I am adamant about getting out of debt. If you want it to work, you have to be too.

    • Very happy for you Greeneyedjackie that mmi, was able to help you,I currently worked for this company and very proud to do so,we are non-profit  and offer free credit counseling with a certified experience counselor,and there is no cost at all to speak to one of our debt and budget counselor,but first the client has to provide us with their basic,info.to better assist them and let them know what exactly we can help  with ,and in order to negotiate with creditors.It is hard to  see a client who needs our service ,walk away by simple not wanting to provide basic information.I can tell you that the people who work for mmi,must have a desire to help people.

  • MMI saved my future! While I am repaying ALL of what I owe, they negotiated my citibank card from 16% to 1.5% and my B of A card to 2%. I now pay less than I did to those 2 cards, and instead of 34 years to pay them off, I will be debt free in 5 yrs. Plus, instead of 67,000 dollars in interest, when all is said and done, I will have paid $2,300! Worth a hit on my credit for the short term most certainly!

  • Josephine, I feel for you. Citi gave me hell. They do not negotiate equitably. For whatever reason it was a year before I finally got a payment plan they would accept. I prayed a lot. I prayed a lot. I prayed a lot. I did not want my family to know what had happened. I gave up caring about the status of my credit. I’m educating myself on laws. I’m surprised the attorney was not of more help. George Bush changed the bankruptcy playing field when his first term in office. They’re trying to force you to take out a loan against your house (which I think is still tax deductible). You are not alone in this fight. The banksters are out of control. I was truly suicidal, but then the creditors would have won.

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