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: Dear Steve, I paid World Law around $15,000.00 and didn’t get any of my debt settled don’t know where my money is. I want to know how I can get my money back. Judy Answer: Dear Judy, Wow, World Law, there is a company I have not heard about in a few years. Honestly, … Read more
Question: Dear Steve, My name is Alice, and I am from the United States. My husband and I have been married for about 4 yrs now. We were happily married with a 2yrs old son. Three months ago, I started to notice some strange behavior from him, and a few weeks later, I found out … Read more
Question: Dear Steve, I graduated college in 2014 and made payments (got my co-signer off after 24 consecutive payments) until the winter of 2018. I stopped working because I had to stay home with my baby. Then I was in deferment. Covid 19 happened, and I’ve been in deferment since this month when my private … Read more
Question: Dear Steve, Due to the lockdowns starting in 2020, I fell behind on payments to credit cards with American Express and one other. I also traveled out of the country for what I thought would be a brief visit, but the world has been so unstable to travel, that the idea of traveling is … Read more
Question: Dear Steve, I contacted ClearOne Advantage yesterday; they connected me with Pacific Debt. They supposedly have a good rating with BBB. The reviews are good also, but I am hesitant to do this. (with so many scam companies today) Should I go with this company? I could not pay my credit cards as I … Read more
Question: Dear Steve, I was supposed to be having my bill go down, not up. But instead, my credit kept getting worse. What am I missing here? They were taking $352&change from my account for damn near an entire year. So do you want to explain why my bills kept going up when they were … Read more
Question: Dear Steve, My husband and I have about $50,000 on hand, we can’t invest it because we need it to put new siding on our house, but we are also trying to save more money to add a garage to our home. Are there any quick places to put this cash to grow it … Read more
Question: Dear Steve, About three years ago, I acquired three credit cards – two from Credit One Bank and one from Fingerhut. I only applied for these particular ones because I had a bankruptcy in 2011, wanted to build up my credit score again, and could not find any other companies who’d issue me one. … Read more
Question: Dear Steve, I initiated two equal payments to my credit card account by computer a week apart. One was posted to that account one was not. My bank faxed the credit card bank the transmission statements, which showed the payments to them. My bank can’t do much more than that for me. The credit … Read more
Question: Dear Steve, My husband is 76, and I am 72. When both of us worked, we could pay our bills, but now we find ourselves 90,000 in debt and only Social Security as income. In addition, we have just recently had to take custody of our 6-year-old granddaughter, which increased expenses. My husband has … Read more
Question: Dear Steve, If I default on my membership fee financing payments, and the CAMPGROUND cancels the membership agreement, does that also cancel the loan agreement for the membership? They will not allow me to use it and said they canceled the membership agreement. Can they make me pay the entire financed amount if they … Read more
Question: Dear Steve, I was contacted today by a law firm stating that they have a court case against me for a debt to Providian National Bank (Chase Bank) in the amount of $4695.24 from 08/31/2001. They state that the last known payment on this account was on 03/28/2002. I filed a Chapter 13 Bankruptcy … Read more
The Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining their names and account information from … Read more
Question: Dear Steve, I defaulted on a credit card from Capital One many years ago, and the debt was sold to a debt collector. The debt collector sued me a few years ago, but I had moved out of state before the court date and honestly just forgot about it. I just received a letter … Read more
Question: Dear Steve, I am about to turn 69 years old on June 17th. I am a disabled, retired Radiology Technologist who wound up on permanent disability on May 1, 2001, from a catastrophic illness that drained me of all my savings resulting in my living solely on Social Security when I turned 65. There … Read more