I’m in a Debt Settlement Program and Can’t Get a Loan. – Duston

Duston “Dear Steve, Credit card debt, 3 personal loans, all for cars, one is the car I drive now, the other was for a car I wrecked, insurance paid, but for insurance purposes the car was in my dads name he needed the money for personal reasons, he did not pay off my loan, so … Read more

Shane is Out of Work, Out of Money and Out of Time

Shane “Dear Steve, I lost job January 3, 2008 and now have $30,000 in card debt plus $30,000 in personal loans. Should i use debt settlemant company? I know bankruptcy is bad. Shane” Dear Shane, While you want to shed your debt, I don’t think there is any reasonable expectation that you would be able … Read more

I Have $120,000 in Credit Card Debt. Can I Eliminate That With Debt Invalidation? – Isabel

Isabel “Dear Steve, I have $120,000 in credit card debt. This is due to a 3 year court case and paying attorney bills by credit card. My credit rating is 670+ and I have no late payments despite my 72% debt to income ratio. I am considering debt consolidation, debt elimination or debt invalidation. I … Read more