“Dear Steve, My parents really need to figure out some way to get out of Debt. I just heard of a debt settlement. How do debt settlements work? And do you advise using them? Or should they just go with a debt consolidation? They have good credit, but really need a solution. Seth” Dear Seth, …
What information will the debt settlement company ask you when they are seeing what program fits you best. What will they ask exactly. I want to know so I can have what they want ready. I don’t like to be unprepared. Rana This reader question was submitted for site members to answer. This is your …
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 …
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 …
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 …