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Ask The Get Out of Debt Experts

I Recently Settled the Balance Due on My Private Student Loans. – Viet

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“Dear Steve, Hi Steve, I just recently settled on my private student loan for less than the total amount that I owe simply because I didn’t want to risk getting sued. The total amount was about $25,000.00. I currently have 4 credit cards, a car loan and 1 personal loan. 3 of my credit cards and personal loan are fairly ... Read More »

    Student Loan Servicers Suck

    tired working woman

    by Marian Wang ProPublica, The parallels between the mortgage market and the student loan industry have been frequently noted. Both involve big borrowing and have a history of lax underwriting by lenders. But the two are also strikingly similar in another way: When it comes to both mortgages and student debt, the servicers, or companies that handle loan payments, sometimes ... 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 »

        My Father Passed Away Leaving Bills and No Will. What Now? – Lynn

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        “Dear Steve, Father recently passed leaving aroung 7000.00 in personal debt, no will , no assets ,no one in charge, only life insurance to cover services with me as survivor. Who becomes resonsible for these bills. All in his name only. I was however on his checking accout to pay his bills, He deposited Just enough each month to cover ... Read More »

          I Left Debt in Dubai and Now in the Philippines but Headed for a Job in Canada

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          “Dear Steve, I work in dubai for 3 years from 2004 to 2007, then left due to credit cards and personal loans I cannot pay due to high cost of living in dubai, I’m here in the philippines and applying for a job in canada which luckily got an offer and start to process my documents but last week a ... Read More »

            My Sone Went to Jail and I Paid for His Lawyer on My Credit Cards. – Norman

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            “Dear Steve, Hello, I owe a total of $10,000. ($5,000 to Visa $5,000 to MasterCard) I have had perfect credit for the past 15 years. I had to spend $10,000 on a lawyer for my son. (the plan was for him to be released and he would pay this off, he will be released on June 2013) Now I am ... Read More »

              The IRS Rejected My Offer in Compromise Submitted by an Attorney, Twice. What Now? – Bradley

              “Dear Jim, Presently paying state 616 per month for 60 months paying. Paying fed 1780. Per month for 72 months After using an in effective attorney failed offer in compromise twice is there a better deal that I can make with state and fed? Bradley” Bradley: Your options all depend on your facts. Specifically, what is your ability to pay ... Read More »

                Is InCharge Debt Solutions a Good Idea to Go With? – Jess

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                “Dear Steve, Trying to consolidate credit cards need advice on a consolidation company. My husband and I are trying to consolidate his credit cards to lessen the interest rates and hopefully pay off the credit cards a lot sooner then by paying each credit card company individually. We are looking into In Charge Debt Solutions ( ) and wondering ... Read More »

                  I’m a Client of a Debt Settlement Company in Canada But Debt Collectors Are Still Calling Me. – John

                  “Dear Steve, Debt settlement company in Canada send a power of attorney via fax to a collection agency, and I am still receiving phone calls as they stated that the debt settlement company is not a lawyer If you hire a debt settlement company in Canada and they forward a power of attorney to the collection agency, does that agency ... Read More »

                    I’m Living in South Africa and Traveling to the U.S. But Have Unpaid NatWest UK Debts. Will I be Arrested at Heathrow? – Warren

                    “Dear Jon, I was living in London in 2004/2005 on a 2 year working holiday visa. I left to come back to South Africa and never closed my Natwest Account or cancelled my vodafone contract (the guy on the customer service line said I can just let the contract run out, it was for 18 months, but he was misled ... Read More »

                      Go Ahead, Take a Guess Which Countries Have the Most Credit Card Fraud

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                      Now here is a study that will probably surprise some people. A recent survey by the Aite Group and ACI Worldwide of consumers who experience credit card fraud found some countries are much more at risk of consumers having their credit cards used fraudulently. As someone who has lived and travelled to many countries outside of the United States, a ... Read More »

                        How Long Will I Have to Go to Jail in the UAE for My Bad Debts? – Darran

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                        “Dear Steve, I have bank loan and cc debt in UAE what is the policy of I dont pay and surrender myself to the jail?how long? And what happens to my debt after that? And would be allowed in the country again to come back did the UAE not putting me ban in Dubai?and also if ever I settled my ... Read More »

                          Should I Use Ticktin Law Group? – Robert

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                          “Dear Steve, There is a major concern about the legal owner of the note that is held on my property due to the robo signing scandal. My loan taken out in 2002 was with Bank United in Miami Fl: it was I (believe) sold to BOA? I now understand that note is now with Wells Fargo ? Ticton law group ... Read More »

                            MBNA UK Offers 20 Month 0% Credit Card. U.S. Consumers – NOPE

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                            Bank of America’s UK subsidiary MBNA has announced a new low-fee MBNA Platinum Credit Card is available for UK consumers exclusively on MBNAs UK website. New customers will receive 20 months at zero per cent interest on balance transfers with the new card, as long as they are made within the first 60 days of opening an account. – Source ... Read More »

                              UK Doorstep Debt Collector Dragged to Car and Robbed at Knife Point

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                              Last week a UK door-to-door debt collector was targeted and robbed with a knife held to her side. The Manchester Evening News is reporting the woman had just left a house and was on the way back to her car in Duchess Street in Shaw at about 8pm on Friday October 12 when she was confronted by a man who ... Read More »

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