This category is for questions readers have asked our experts directly for advice and guidance on how to deal with their debt situation.
If you would like to ask for free help, you can do so here.
Question I happily stumbled across your website and need some advice. I lived in Wales and England for about 8 years and moved back to the United States last year when the pandemic began. I am a US citizen and had been living in England as a spouse of a British man, and when the … Read more
Question Jon, I currently live in America, but hold dual citizenship in both the US and UK. I am serious debt here in the US as a restaurant I started 5 years ago is looking at bankruptcy and liquidation here in the US. My question is I am considering moving back to the UK and … Read more
Question Hi and thanks for this forum and way to get some answers. I am a British citizen who has lived in the USA for many years. I recently moved back to the UK and am not earning the same income as I had in America. I had a few debts in America and can … Read more
Question: Dear Steve, I DID HAVE A CASH ADVANCE FOR MY BUSINESS IN 2019, AND I WAS PAYING $350.00 DAILY, BUT I WAS STRUGGLING AND COULD NOT PAY ANYMORE, SO THEY HIRED AN ATTORNEY AND FROZE MY ACCOUNTS WE DID SOME ARRANGEMENTS, THEN THE PANDEMIC COME, AND I LOST COMMUNICATION WITH THEM. NOW A DIFFERENT … Read more
Question: Dear Steve, For my debt program, I need your advice. Am I Being Scammed by Coast Processing with Litigation Practice Group? I am l living in Chicago ILL are they have an attorney they can represent if they have? Can I have their names and phone numbers? Svetlana Answer: Dear Svetlana, You would have … Read more
Question: Dear Steve, As co-signer, my debt was discharged due to disability and hardship. Is the original borrower still responsible for his own debt? The loan was through Discover, for about $25,000, with me paying on that loan for 10 years. The original borrower, the student, ran off and hid with no contact. I’m just … Read more
Question: Dear Steve, I was poached by Sallie Mae (predatory lending) through ITT before they got caught. I have 15k in private student loans through Navient now. I didn’t finish school because I found out the degree they offered was not worth the paper it was written on. I want to stop paying on this … Read more
Question: Dear Steve, I was looking at Clear One Advantage and tried clicking on the BBB Accredited Business A+ link featured on the homepage of their website. However, the link doesn’t work. I searched the BBB and found the Clear One Advantage profile, which shows “No Rating.” Here: https://www.bbb.org/us/md/baltimore/profile/debt-relief-services/clearone-advantage-0011-90096368 Any idea why the No Rating? … Read more
Question: Dear Steve, Between my Visa and my line of credit, I owe $25,000, I would like you to tell me if the Litigation Practice Group is a good company to go with, LPG out of San Clemente, California. I live in Utah. Kerin Answer: Dear Kerin, Litigation Practice Group seems to be an interest … Read more
Question: Dear Steve, In 2015, I was 15/16 years old and went to two community colleges in Florida. Unfortunately, I did not graduate because my grandmother, whom I lived with (who supported me), got sick and died in 2019. At which point, I was homeless. I am currently living in a halfway house. I was … Read more
Question: Dear Steve, I have student loans from 40 years ago that has gone from 18k to over 70k. I also have 1 loan for my son’s freshman year of college, now about 18k. I paid some of mine years ago but then went through a time of multiple layoffs and low-paying jobs in the … Read more
Question: Dear Steve, I got a 1099-C from a bank headquartered in Malaysia for $970, but I never owed anyone that amount, and it is not on any of my credit reports. The 1099-C says forgiven debt for retail. Again, nothing on any credit reports like that. I filed my taxes to be on time, … Read more
Question: Dear Steve, Earlier this year, I decided to resolve my mounting credit card debt finally and achieve a settlement. After checking various options, I chose Litigation Practice Group w/ Coast Processing – they gave me a payoff plan and a contract promising all will be resolved in about 2-3 years. Now I am paying … Read more
Question: Dear Steve, My debt is almost $28k with Amex on 4 cards. I came to Europe in Sept 2020 for 6 weeks; the world became so crazy, I did not go back. I am married to a European citizen who is not a signatory on any of the cards. I have no job, no … Read more
Question: Dear Steve, My husband and I are 60. We have put 4 children through college and ourselves as well. We stopped paying our credit card bills 4 years ago, and we now have 13 of them in collections. They total approximately $15,000. We have together about $140,000 in student loans. We bring home $6400 … Read more