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Debt Settlement

How Do I Go About Settling My Debts if I Can’t Qualify for Bankruptcy? – Joe


“Dear Steve, Because of financial hardship I have not been paying our large balance credit cards for over 12 months. There are 5 credit cards totaling about $140k in balances. This was all caused by a reduction in pay over the last 3 years of about $100k per year. We also recently short sold our home and now are renting ... Read More »

    We Are Both Public School Teachers and Getting Sold by Accredited Debt Relief. – Amanda


    “Dear Steve, My husband and I are both public school teachers. We have had two children in the last 5 years, and we have not had a raise. We pay $1200 a month in daycare along with our mortgage, student loans, and the other standard bills. We have leaned on our credit cards, and we now owe almost $40,000 in ... Read More »

      Is National Remedy Center the Same as Remedy Law? – Kevin


      “Dear Steve, Getting the same advertising from same company that keeps changing their name. Is National Remedy Center the same company Remedy Center Law Associates and Remedy Law and Remedy Center and Prudent law? Kevin” Dear Kevin, Good question. I sure do enjoy a good investigation. So let’s go. Here is the information I can share with you and support ... Read More »

        I Have Five Payments Left With Legal Helpers. Should I Cancel? – TC

        Writing Q&A, Questions and Answers on a blackboard.

        “Dear Steve, Been in Legal Helpers for 32 Months no debts had been paid. We were settling BOA debt with Budnik n Dynia LLC and they dropped the ball and sold account to another company . Nothing been settled and paid over $20k to Legal Helpers. March 2013 is when my last payment and program should end. I dont know ... Read More »

          I Settled My Debts With Everest Debt Solutions. – JB

          Ready to Collapse

          “Dear Steve, Had Credit Card Debt with Capital One for around 10,000 I just recently read your article on Everest Debt Solutions. Interesting to say the least and made me a little nervous! I enrolled in their program 2 years ago. As far as I can tell, they have done what they promised…..a 24 month program in which I have ... Read More »

            Did Consumer Affairs Legal Center Close Up? – Karen

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            “Dear Steve, Hello, my name is Karen and I signed up with Consumer Affairs Legal Center back in 2010 and I am having nothing but trouble trying to contact their company regarding creditor problems. I have been following this column for a few months after one of my co-workers saw this column and knew that I had signed up with ... Read More »

              What is Your Honest Opinion About World Law Group? – Tammy

              Ready to Collapse

              “Dear Steve, I am in about $28,000.00 in unsecured credit card debt. I got a flyer in the mail about 3 weeks ago stating they could help me get out of debt. I called the number and in about 2 days I got a call from World Law Group and before I knew it I was signed up with them ... Read More »

                It Was Surprisingly Easy to Settle Our Debt with Chase Bank

                Ready to Collapse

                “Dear Steve, We have negotiated a $6,000 one time settlement with a CA (Client Services, Inc – St. Charles, MO) who are representing Chase. Chase charged off our credit card debt ($26,000) one month ago after 6 months of non-payment, but they still own the debt. We had tried to settle with Chase for $10,000 but they always refused. Gettign ... Read More »

                  Is Nationwide Debt Direct a Reputable Company or a Scam Operation? – Rick

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                  “Dear Steve, I had some smaller debt that was not a problem but some medical bills for knee surgery needed to be paid and that amount has pushed me to the limit in many ways. I am know looking at a way to make the debt more manageable. I can pay the monthly payments plus other expenses but I am ... Read More »

                    I Signed Up for Debt Settlement With Davenport Law. Now They Are Talking a Chapter 13 Bankruptcy. – Alfonso

                    Ready to Collapse

                    “Dear Steve, I owe about $10,000.00 of credit card debt. I have made arrangements with settlement companies on a couple of them and they appeared on my credit report. I signed up for assistance with Davenport Law out of Dallas, TX, and have been paying $40 monthly fees for about 4 years now. I was recently contacted by a legal ... Read More »

                      I Settled Bank of America Account But Account Number on Letter Doesn’t Match Mine. – Mary

                      Ready to Collapse

                      “Dear Steve, I recently settled 2 of my credit cards with Bank of America. After they received my payments, they released 2 letters confirming that the accounts have been paid. I noticed they did not have my account numbers on the letters, instead they had 4 digit ending numbers that did not match mine. I called them and they said ... Read More »

                        My Mom is On SSI and Accredited Debt Relief is Selling Her Debt Settlement. – Molly

                        “Dear Steve, My mom is 63 years old and was recently divorced and left with all the marriage debt. She has a discover card in her name (15k) and medical bills (4K). She is on a fixed income (SSI) and paying her monthly minimum it will take 15 plus years to pay it off. Is it a good move to ... Read More »

                          My Parents Were Contacted by Debt Relief Centers of America. – Sharron

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                          “Dear Steve, First I just wanted to thank you for what you do….I have been helping my parents evaluate debt settlement ‘companies’ (I now prefer to call them predators) and your site has been extremely helpful. I also wanted to submit some information that I hope can help someone else going through the same process My parents were recently contacted ... Read More »

                            This Company Said They Can Settle My Debt For Me. – David

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                            “Dear Steve, Due to divorce, I had a foreclosed mortgage 2 years ago. Was going through a short sale for about a year before the foreclosure. Was relieved on the first. After about 5 months during the short sale process the second lender turned it over to the PMI company. They have sent me letters for about a year. Now ... Read More »

                              I Am Not Sharpest Financial Knife in the Drawer. – Siva

                              Ready to Collapse

                              “Dear Steve, Income recently decreased from 80,000 to 35,000. Have signed with Elite Financial Solutions Ft. Lauderdale FLA, to help me get my debt under control. Now I am not sure if this place is legit or NOT. I really need a clearer cut answer as I am not the sharpest financial knife in the drawer. Okay, more like a ... Read More »

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