Latest Posts
Home > Ask The Get Out of Debt Experts (page 350)

Ask The Get Out of Debt Experts

My Husband is Supposed to Pay My Debt in the Divorce But He’s Not. – Jessica

Ready to Collapse

“Dear Steve, My ex husband and I have about $30k in credit card debt. He agreed to take it in the divorce settlement but it is all in my name. He isn’t paying everything as he needs to be and I’m getting all the collection calls. Telling the creditors that he is responsible and giving them copies of the divorce ... Read More »

    Bank of America Lied to Me And Jacked My Rates. – Dee-Dee

    Ready to Collapse

    “Dear Steve, Initially contacted Bank of America to reduce Credit Card APRs, and they closed all my credit card accounts. Was told to call back in 6 months for APR reduction. Promised an APR reduction from 24.99% to 8.99%. Received a letter indicating that although Bank of America agreed to the APR reduction, they are now rescinding the arrangement. Once ... Read More »

      How Can I Get Citimortgage to Not Foreclose On My House? – Robert

      Ready to Collapse

      “Dear Steve, We bought our home in 1995 put $25K down and mortgaged $70K for 15 years @8,5%. The mortgage was not originated with Citi but is serviced by them and I believe the mortgage “investor” is Wells fargo. Long story short; the last two years have been difficult but we’ve been managing to stay under 90 days on the ... Read More »

        Should I Be Worried They Will Take My House? – Sarah

        Ready to Collapse

        “Dear Steve, Divorced, accumulated at least $15000.00 in unsecured CC debt and owe on a car loan. I was recently laid off and cannot meet my bills. I stand to inherit the house I live in, and maybe 10,000. in cash. Should I apply for bankruptcy, I would want chapter 7 but am afraid they would take my house with ... Read More »

          Will I Be Able to Travel to United Arab Emirate Without Fear of Arrest? – Graham

          Ready to Collapse

          “Dear Steve, I am planning a family vacation to Dubai in the near future, but have become worried about a credit card balance of about 600AED with HSBC that was left unpaid in 2001 when I returned home to the UK after a period of residency in Dubai. Would this outstanding debt mean I have an outstanding warrant for my ... Read More »

            Credit Solutions of America and American Debt Arbitration, Debt Settlement Companies, Are Sued by State of Florida

            Ready to Collapse

            Florida Attorney General Bill McCollum today announced his office has filed two lawsuits on behalf of Florida consumers against five debt settlement-related companies. According to the Attorney General’s lawsuits, the businesses promised consumers they could pay off their debts for a fraction of the amount owed, but instead collected large up-front fees and left customers with little or no money ... Read More »

              A Review of the Everest Debt Solutions Debt Settlement Client Agreement

              eds-pg1

              Recently I wrote about a debt settlement company called Everest Debt Solutions here and here. I managed to get my hands on one of their client agreements so I wanted to review it for you to help you understand what it all means to the best of my ability. I think you’ll find some eyeopening sections in my comments below ... Read More »

                The Curse of the Hess Kennedy Debt Settlement Firm Lives On

                Ready to Collapse

                In a twisted matter of irony the law firm that was acting as a receiver for the Hess Kennedy debt settlement company that was closed down in Florida, has been closed down. Law.com reported that Lewis B. Freeman & Partners went to court in Florida on Friday and put the firm out of business. This seems to have stemmed from ... Read More »

                  What is the Best Way to Eliminate My Credit Card Debt? – Anne

                  Ready to Collapse

                  “Dear Steve, I am a 39 year old woman who shares custody of my seven year old daughter. I got divorced a little over a year ago. I bought a townhome right after the divorce. I was lucky I bought when I did, because although I have excellent credit, I work as a bartender and I cannot prove my income, ... Read More »

                    My Father Stole $25,000 From Me. – Drew

                    Ready to Collapse

                    “Dear Steve, I’m 28 years old, have a 17 month old son, sole provider currently (my girlfriend is in nursing school). I have $28,000 in credit card debt, $15,000 student loan debt with Sallie Mae, currently trying to sell my house since I am quickly becoming unable to pay my mortgage. I owe my mother $16,000, which I borrowed to ... Read More »

                      I am Completely Freaking Out About My Debt. – Heather

                      Ready to Collapse

                      “Dear Steve, I was laid off in May and now our family has no way to catch up or settle with these people. We had not been able to pay for 8 months and so now they have sued. We have met with an attorney who advises us to file chapter 7. We have no assets except for the items ... Read More »

                        My Bank Does Not Accept Payment From a Debt Management Plan. What Do I Do? – Junior

                        Ready to Collapse

                        “Dear Steve, I’ve been in a dmp for the last year and 2 months. own a business. I am enrolled in a dmp plan but i have 2 credit cards from the same bank that do not accept payments. how do i go about this to resolve this? Junior”   Dear Junior, Basically, you can’t. Unlike bankruptcy, no creditor can ... Read More »

                          I Might Get My Car Repossessed By LoanMart the Title Loan People. – Cynthia

                          Ready to Collapse

                          “Dear Steve, I have a loan with loanmart, I am exactly 13 days past due, and advised I will make my payment on the 15th which is in 3 days. They said I had to have payment in today or they will repossess my vehicle because it is a new loan. Last month they said my payment had to be ... Read More »

                            What About These Commercials Saying You Can Reduce Your Debt to a Fraction of What You Owe? Is it BS? – Jeff

                            Ready to Collapse

                            “Dear Steve, I have a lot of debt. Credit cards and student loans. I here all these commercials saying you can reduce your debt to a fraction of what you owe. Is this just a lot of hype or is it for real? Do I have to file bankruptcy or meet some other kind of criteria to qualify for these ... Read More »

                              My Father-In-Law Died and Left My Mother-In-Law Deep in Debt. – Sherry

                              Ready to Collapse

                              “Dear Steve, My father in law passed away and my mother in law has been left with an enormous debt. we did not realize they were this much in debt and are trying to figure out the best option for her.she is 73 yrs old. just to make her payments each month she is 500.00 short. she has a mortgage ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.