Latest Posts
Home > Ask The Get Out of Debt Experts (page 9)

Ask The Get Out of Debt Experts

Settling a Three Month Old Debt

Debt Settlement Advice

“Dear Michael, I have just sold some real estate and I would like to can I negotiate to reduce the balances of my (unsecured and secured) loans BEFORE I pay them off? Is this possible? Patti” Creditors agreeing to accept less than the full balance of what you owe them, when they have not been paid for 90 plus days, ... Read More »

    Repossession Payment Plans With Debt Collectors

    tow truck repo

    “Dear Michael, Defaulted on a motorhome. It was repossessed and sold at auction. The balance owed after the sale was assigned to a collector. That collector and I made an agreement (contract?) that I would pay a certain amount each month until the debt was satisfied. I have made those payments faithfully for over 2 years-never late. Now the original ... Read More »

      Why Debt Collectors Dismiss Lawsuits All The Time

      Crime Or Corruption Cartoon Illustration

      “Dear Michael, While searching for information about myself online, I find out that I am being sued by a debit collection agency. I live in CA and have never received a formal complaint or summons from Livingston Financial LLC. Can Livingston Financial LLC or any collection agency do this without proper notification. Based on the info I gathered online the ... Read More »

        I Want to Consolidate My Business Debt to Pay Lower Rates

        IMG_3369

        “Dear Michael, We have Business debt – trying to pay off w/low interest rates. Can you recommend a reputable debt consolidation company? One that can, before we sign any documents or close any of our accounts, guarantee us the interest rates they claim they can offer us? We don’t wish to settle, we want to pay the amount we owe, ... Read More »

          How Can I Transfer My Parent PLUS Loans to My Son?

          Signs, Road Stencils

          “Dear Steve, I have several parent plus loans that I took out for my sons college. He also has some stafford loans. I am now concerned of the amount of loans I have under my name. I have three other children who will be attending college, and was hoping to buy a house in the next five years. He and ... Read More »

            My Debt From Qatar is Chasing Me in India

            qatar

            “Dear Jon, Kindly help me to know a case I took personal loan while Job in Qatar I was on my home country on leave I got know that my Visa my Employer has cancelled based some fake information.Even they informed Bank commercial bank of Qatar.I AM TRYING to go for Job in GCC other than Qatar since QATAR BANS ... Read More »

              My Husband is a Disabled Vet and the Student Lenders Are Coming After Us

              Debtstar

              “Dear Steve, My son has 2 Government Student Loans(Sallie Mae & NelNet). He is paying over $300.00 on each one, but they want $816.00. My husband is a Disabled Vietnam Veteran and now the loans are coming after us. They want to garnish his pensions of the difference in payment. I do not work cause I take care of my ... Read More »

                Her Husband Died and the Lawyer Threatened to Take the House

                hiding

                “Dear Steve, Friends husband died from cancer and failed to show up at court hearing for collection suit on credit cards. After his death, collection agency(said they were an attorney) threatened to take her house if she didn’t pay off his debt. This debt was incurred before they got married and he carried into the marriage without telling her about ... Read More »

                  Will I Be Arrested for My UK Tax Debt?

                  Uk Law

                  “Dear Jon, I have a problem with the UK tax on what I owe. They sent me a statement last month to my address in Thailand. Can I get arrested at the airport on arrival or departure in the UK? Thank in advance for your help John” John, First off, no worries, you will not be arrested, stopped, or detained ... Read More »

                    I Have an Old Bally Fitness Debt I Was Sued Over.

                    law books

                    “Dear Steve, I had signed a contract with bally total fitness in the state of California in 2004. I stopped going to the gym without paying the cancelation fees. So they sold my unpaid account to a collection agency. This last one sued me in 2009 and won by default because i never showed to the courthouse. The collection agency ... Read More »

                      How Do I Stop My Student Loan Wage Garnishment?

                      Magic Mushrooms

                      “Dear Steve, My check is getting garnished until dec 17th after that they said i can make a payment arrangement and they will send out another garnishment can i tell them what i can pay a month or do they tell me what to pay? Viola” Dear Viola, There are two ways a paycheck could get garnished. The first is ... Read More »

                        Should I Consolidate My Student Loans Into a Variable Rate Loan?

                        loan-approved

                        “Dear Steve, I graduated in 2008. I’m still paying down student loans, often more than the minimum payment. I have a mix of private and federal loans at varying interest rates. Would consolidating my student loans into a loan with a variable interest rate be beneficial? How long will the interest rate likely remain low? Is there anything in particular ... Read More »

                          I Got Married and My Husband Got Laid Off

                          beautiful girl on stool with laptop

                          “Dear Steve, I’m working full time and earning 46k annually. I got married this past spring and then my husband was laid off in June. His unemployment benefits are lower than his previous income and he is missing due dates every other month. We have barely been married long enough to merge bills but I’m scared because he already has ... Read More »

                            I Don’t Want My Student Loans to Hurt My Credit Report

                            Businesswoman leaving office after being laid off carrying box o

                            “Dear Steve, I owe $17,000 on my student loans. I have been able to make the payments each month, but I just learned that I will be soon losing my job. I don’t have an emergency fund and I will not collect enough on unemployment to make the payments with my other expenses. What is the best course of action ... Read More »

                              Student Loan Service Managers Consumer Agreement Review

                              kiten hiding

                              “Dear Steve, Can you look over this agreement Student Loan Service Managers Sent Me? Anonymous” Dear Anonymous, I’m happy to look over the agreement for you and give you some feedback. Keep in mind I am not a lawyer and can’t provide you with any legal feedback. All I can do is read it like a friend and point out ... 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.