In this show I share some critical information and advice with you on how not to become a victim or get scammed when you are searching for debt relief help. Having financial problems can be scary enough but who can you trust and who should you turn to when you are looking for good options for bad debt? This show ... Read More »

We’ve recently launched our new bankruptcy attorney directory at bankruptcy.getoutofdebt.org. Our hope is that we can make it easier for bankruptcy attorneys to be found by readers and that we can feature one attorney in each city. Filing bankruptcy is most often a nerve wracking experience. It’s less because of the actual process and more because of the uncertainty or ... Read More »

“Dear Steve, $50k in credit card debt Car loan Own my home A debt settlement company called me this evening explaining their program. They are telling me that using them only drops your credit score 50 points and once all the debts are paid 3 years from now your credit is back to good. They said they can settle my ... Read More »

“Hi Mr. Roberts, Thank you in advance for your help. Presently I have about $16,000.00 of credit card debt. All have gone to collections and the largest has acquired an attorney. I have recieved a notice of civil action from them. I have spoken to them and they are willing to take payments if I can come up with a ... Read More »

Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It is the uniform federal law ... Read More »

Gerri Detweiler and I talked recently via Skype video about debt for a video blog she did for DebtConsolidationCare.com. Below you will find our discussion which surrounded the issues I brought up in my article The Honest and Unvarnished Truth About How to Get Out of Debt. Read More »

Brent “Dear Steve, I consulted an attorney 2 months ago about bankruptcy and retained them to proceed with the process. I have only 2 more item to give the attorny before they proceed. I have fallen behind on my car payment and they repoed it yesterday. I am wanting and needing the car back very bad, as I am fixing ... Read More »

“Dear Steve, I have some credit card debt I can’t pay. I’m on disability and 66 years old and was paying them with the few jobs I had. I am a contractor and need to keep my Lowe’s accounts if I ever get some jobs. The other cards are farm and shop related. My wife says she will not pay ... Read More »

Debt doesn’t just affect the people actually in debt, it often affects the ones around them, near and dear to them. I know this from first hand experience as someone who has loved and lived with someone so deep in debt they could not see a way out. Not only is the emotional toll hard on the debtor but also ... Read More »

Andrew “Dear Steve, I am active duty and was stationed in San Diego and we dropped to one income and run up an extreme amount of debt (45,000). I am looking at options and wanted to file Chapter 13 but is it true that they take all of your disposable income? And if so is a debt reduction company a ... Read More »

“Dear Steve, My husband and I are in bankruptsy, we have a 3 year plan with one year left on the plan. Our mortgage company has us on an ARM and wont remodify our loan. How can we get out of chapter 13 and get into a fix rate mortgage? Carolyn” The Answer   Dear Carolyn, I’m afraid it isn’t ... Read More »

Trisha “Dear Steve, I am a single mom and heavily in debt. I was living with my husband (we are legally separated) because of finances but recently I moved out. I am not behind on my payments at this time because I didn’t have to pay rent, utilities, etc. It is only a matter of time before I can’t make ... Read More »

“Dear Steve, Since last March, I have charged $30,000.00 in Credit Card purchases. The bulk of this was March thru May 2008. In May My hours were reduced (At that point I was using my credit card for survival. I.E. Groceries, Gas, Utilities, Car Repairs and needs). In August I was laid off and still am. In Mid December I ... Read More »

“Dear Steve, I am unable to make my minimum payment on my only credit card therefore, not only has my interest gone through the roof I am now over my credit limit. I don’t want to file for bankruptcy. What are my options to get this under control and get my credit card paid off? Lisa” The Answer   Dear ... Read More »