Latest Posts
Home > Ask The Get Out of Debt Experts (page 351)

Ask The Get Out of Debt Experts

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 »

        My Boyfriend Was in a Car Accident and Has a Big Medical Bill. – Mary

        Ready to Collapse

        “Dear Steve, My boyfriend was in a car accident and went to the ER with chest pain immediately after it– we thought the insurance company would cover the cost of the ER visit because the other driver was at fault. There was no medical problem found and no follow-up required, but the bill for the visit was around $1600. The ... Read More »

          I Have a 12 Year Old Debt I’m Paying On. – Steve

          Ready to Collapse

          “Dear Steve, I leased a ford vehicle about 12 years ago and had some financial issues and had to turn it back in….long story short I have had money taken from my bank account recently and also made payment arrangements to pay an amount each month of $100…are ther any statue of limitations laws that I should be aware of…do ... Read More »

            Should I Only Pay Two of My Credit Cards? – Heather

            Ready to Collapse

            “Dear Steve, The credit cards that I have are only in my name. I married over two years ago. I owe alot on my credit cards. I have thought about not paying my two highest credit cards to pay my other ones and then pay them at a later date. I wonder if that would hurt my husbands credit considering ... Read More »

              My Husband Gets Collection Calls From Payday Lenders. He is Now Trying to Make Money With Herbalife. – Cindy

              Ready to Collapse

              “Dear Steve, I’ve been married since 05 and we have all accounts separate due to his poor credit history. I thought this was a result of a divorce, but I am starting to think otherwise as he has bad spending habits and always runs out of money. I have received calls from companies such as payday loans, fast cash and ... Read More »

                Credit Cards Maxed Out. I Can’t Get a Debt Consolidation Loan. – Manuel

                Ready to Collapse

                “Dear Steve, Hi. I currently have 1 credit card just about maxed out at $10,600, another one maxed out at $5,300. I also have a debt consolidation loan from Banknorth for $11,000 (although I paid around $3,500 so I only have $7500 remaining to pay.) I gross about $2240/mo. I was laid off last year so had to use my ... Read More »

                  Should I Just Let the Truck Get Repossessed? – Beck

                  Ready to Collapse

                  “Dear Steve, I’ve been reading your advice. I am about to be laid off. I had a business on the side, but just blew the engine in my truck. That side business requies the truck. I can’t afford to fix it and already owe more than it is worth. You advise to pay only “essential bills”. You have advised to ... Read More »

                    What Happens When a Collection Agency Issues You a 1099? – Charlotte

                    Ready to Collapse

                    “Dear Steve, First of all, FANTASTIC WEBSITE! What happens when you are issued a 1099 from a collection agency? I’m worried come tax time we will owe a lot of money to the IRS. Help! Charlotte”   Dear Charlotte, The only reason you would be issued a 1099 would be if your debt was written off as uncollectible or you ... Read More »

                      Should I Cash Out All My Home Equity to Pay My Credit Card Debt Off? – Jim

                      Ready to Collapse

                      “Dear Steve, Steve , Thanks for your time and advice . I have read many of your articles and still not sure which way to go . I’m down by 60G and need help . My first and second come to about 157.000 and I have enough equity based on todays market to clear out my debt . No one ... Read More »

                        Will I Be Arrested at the Airport for My Bad Debts? – Maria

                        Ready to Collapse

                        “Dear Steve, I arrived in the US in 2002 with hopes and dreams of staying here permanently. I came on a student visa. Over the past years I have accumulated some credit card debt (20K) and private student loans with no co-signer (50K). I have started paying my student loans and not behind on any credit card payments yet. The ... Read More »

                          My Husband Owes £10,000 But His Credit Report Shows Nothing. – Sarah

                          Ready to Collapse

                          “Dear Steve, Hi My husband has really bad debt and owes around £10,000. We recently did a credit report with Equifax to find out exactly what he owes so that we can begin repairing his credit status. The problem is after putting his past addresses in his file is not coming up with any credit history at all. Is it ... Read More »

                            A Creditor is Taking Money From My Unconscious Step-Father’s Bank Account. – Edna

                            Ready to Collapse

                            “Dear Steve, I have POA (on file with the State of AR) of my step-father’s affairs. I was not notified of a large garnishment imposed on our joint account. He is a senior citizen, unconscious patient in a nursing home. His wife lives independently. The funds were taken the day his retirement checks was deposited. This account is the means ... Read More »

                              Is There Any Free Credit Counseling Help Available? – Everett

                              Ready to Collapse

                              “Dear Steve, What is the best way to repay past debt which has been placed in collection, or written off as bad debt? I am now working and want to satisfy these debts and improve my overall credit worthiness. I called what I thought was CCCS and the phone was answered by Money Management International. After going over all the ... 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.