Belinda
“Dear Steve,
Hello,My husband was in the hospital and then lost his job. We are 2 months behind on our mortgage and3 months on other bills. He is back to work but it seems nearly impossible to catch up. I am also employed full time.
Where should I turn for help. Debt relief companys doesn’t seem to be the way to go and I even went to a bankruptcy lawyer but they are too expensive,want the money up front,and takes alot of time and a lot of paperwork and cost just getting the info and paper work they want. So where and what do I do. Please help us if you can. Thanks
Belinda”
Dear Belinda,
Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.
Sadly, you are a prime candidate to get suckered into some scam debt solution.
Real solutions, like bankruptcy, are delivered by licensed professionals. It is a process. It takes time.
People that will promise you instant relief will probably try to sell you debt settlement, an up-front fee loan, or credit counseling. The credit counseling route is only valid if you can afford at least your current monthly minimum payment. Which I bet you can’t.
If anyone says they have a solution that is easy, quick, and does not require paperwork, remember these words, it’s a scam.
So I guess you are saying that bankruptcy is the only solution for us,right?Would chapter 7 or 13 be better. The bankruptcy lawyer said 7 was our best bet.I just don’t have the $1300.00 they want to get the job done.If I did I amy not have to do this.
Belinda,
That sounds reasonable to me. That’s a pretty good price.
Steve