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Ask The Get Out of Debt Experts

I Settled My Debt With Emirates NBD Bank But They Say I Still Owe Them Money. – Maria

Screen Shot 2013-02-13 at 4.59.14 PM

“Dear Steve, I got a settlement letter from Emirates NBD Bank and were able to comply with their requirements to pay the full value in the letter on the date mentioned Dec 30, 2012. The next day we got Clearance letter for the police to close my case. All the while i feel that everything is ok, until January 2013 ... Read More »

    Credit Acceptance Corporation Repoed My Car by Mistake! – Toni

    tow truck

    “Dear Steve, Company was.credit acceptance corporation, bought at. billy navarre, Well, my.suv got repossessed about two Weeks ago. I bought the vehicle in march 2012, so I haven’t even had it but 10 months. I signed up for autopay thru western union, and they would send confirmation of payment to my email every time they get paid, which is every ... Read More »

      Santander Consumer USA Says My Car Payment is Late and I Say It’s Not. – Kelly

      Car Payment

      “Dear Steve, I live in Colorado and I have a car loan with Santander Consumer USA. My payment due date is the 15th of every month. Over the past 2 years I have been paying this loan 2 or 3 weeks late. There have even been quite a few times when I paid the note on the 14th of the ... Read More »

        Bankruptcy Isn’t an Option. We are Getting Divorced and Creditors are Calling. – Jennifer

        fighting

        “Dear Steve, Divorce pending, upside down on house we’ve had for 16 years (don’t qualify for the HART program for re-fi), two credit cards are maxed ($27,000+) and now we’re both paying rent/mortgage since I moved out into a condo. It’s put a huge strain on the finances with additional monthly costs associated with the second house. Something has to ... Read More »

          We are in Our Late 60s, in Debt, and Afraid. – George

          middle age couple

          “Dear Steve, Married; living in Texas; age 67 & 66; owe credit cards about $60,000+; Social Security income = about $1500/month; part-time jobs = about $1200/month; own our home (house built in 1908 by great great-grandfather); current on all payments. (Debt is some medical and restoration expense of house to start a B&B that failed.) Main expenses besides utilities and ... Read More »

            How Can I Move My Debt Around to Pay It Off Faster? – Max

            begging

            “Dear Steve, I’m back again. This time with a different subject, though I’m still working on the other issue we talked about previously. So, I want a credit limit increase or a new card, though I already have 4 cards. I want to transfer my $6,000 Chase card balance with an APR to one of my no APR cards (2 ... Read More »

              Life After Bankruptcy: How to Quickly Have Great Credit and Dumb Mistakes to Avoid

              With a little education and guidance your life after bankruptcy will be awesome.

              So you filed bankruptcy. Congratulations on taking steps necessary to deal with your old debt and get the legal protection and fresh start you are entitled to under the law. Your journey isn’t over though. The best days are now ahead of you but you will need to take action to rebuild a better financial future. Below you will find ... Read More »

                We Want to Settle Our Second Mortgage That Charged Off. Is That Possible? – Michael

                Handshake with Money Sign

                “Dear Steve, I owe 490,000.00 on first mortgage and just finished 3 trials of loan modification with fannie mae for a much lower affordable payments. Dropping our interest rate and extending loan for 40 years. Payments went from 4,000 to 2600.00 . Our final papers have not come in yet to finalize. In the meantime we fell behind on our ... Read More »

                  I Filed Bankruptcy 7 Last Year But Still Owe Parent PLUS Loan? – Kristin

                  Financing a budget

                  “Dear Steve, Please help…I filed Bankruptcy 7 last year but syill have a 80,000 parent PLUS loan…I have used the unemployment deferement and will try for economic hardship next….I just started receiving social sec for widower benefits just 800.00 a month Shall I just default onthe plus loan and let them take 15% OR just keep deferring or using forebearance ... Read More »

                    We Spent All of Our IRAs And Still Deep in Debt in Hawaii. – Gayl

                    Praying

                    “Dear Steve, Lost my good paying professional job 2 yrs ago. Have worked less than part time since due to chronic health issues and economy downturn. I’m 55; husband is 65. Spent savings on getting a shop built at our home so he could run his woodworking business at home vs paying high rent. Last year was lean…husband nor I ... Read More »

                      Ohio Statute of Limitations for Old Student Loan Debt. – Maria

                      College Tuition Expenses

                      “Dear Steve, Teacher in OH- took out a student loan for $7500.00 in 1981. I thought that a law came into effect years ago stating that if by 2003 ( I believe that was the last date) your student loan in oh was at least 20 years old , that the statute of limitations expired. My SL is now about ... Read More »

                        Sallie Mae Can’t Clarify Who is Really Responsible for My Student Loan. – Michele

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                        “Dear Steve, I was married and stupid enough to consolidate my 4% student loan with my now ex’s 11% student loans. Because I had over a 700 credit I became the primary. We are now divorced and the decree indicates for my ex to pay towards the monthly payment. That never happen! I paid the entire amount for 6 months ... Read More »

                          I Was Working With New Horizon to Settle My Debt. Can I Do It Myself? – Joann

                          black-hole

                          “Dear Steve, I am working with a debt relief companyNew Horizon out of Florida. One of the credit card companies offerd me by mail a great payoff much less than I owe.Can I work independently to pay this off? Their contract is a bit threatening about they only dealing my credit issue. Can I pay off that account on my ... Read More »

                            I Signed Up With Credit Advocates Group. Has Anyone Had Luck With Them? – Debbie

                            Question Theme

                            “Dear Steve, Have alot of debt, was not behind on anything until this last month when I signed with this company. about 22,000 I recently signed up with a group called Credit Advocates Group out of Tamarac, Florida. I’m now concerned that they are not going to do what they say. I cannot find anything good on this company.. Do ... Read More »

                              I Went With Freedom Debt Relief and World Law Debt But Got Sued. – Kara

                              tired working woman

                              “Dear Steve, I made 2 huge mistakes regarding my credit. The first one was to call and find out about debt settlement companies. I had about $32,000 in credit card debt mostly from financing 2 direct selling businesses that went nowhere except in debt. I am working full-time as an RN in a hospital setting and was making payments on ... Read More »

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