Latest Posts
Home > Tag Archives: do it yourself debt settlement

Tag Archives: do it yourself debt settlement

Debt Settlement From a Creditor Perspective. When it Makes Financial Sense.

Ready to Collapse

The following guest post was contributed by Michael Bovee of Consumer Recovery Network. If you would like to contribute a guest post, click here. First of all, let’s establish that debts get settled for less than the balance as a matter of course. Issuers of unsecured credit cards do accept less than full balance settlements as payment in full and ... Read More »

    DIY Debt Settlement for Those Interested in Do It Yourself Debt Settlement – Podcast

    Here is this weeks podcast where Damon Day, from, and I talk about a number of debt industry issues including: If it is possible to settle your own debt. How to begin to approach do it yourself debt settlement. Hiring a debt settlement company is a smart thing to do if someone does not want to do it themselves. ... Read More »

      Should You Settle Your Debt Using an Unknown Online Form You Pay to Download?

      Debt Settlement Agreement

      A friend and reader of this site sent me in a link for debt settlement agreements which consumers can purchase online. Out of curiosity I asked some friends in the debt settlement world what they though of a consumer just launching into settling their own debt using such forms and they offered some good advice and probably not what you ... Read More »

        How Do or Can I Settle My Debts on My Own? – Shawna

        Ready to Collapse

        Shawna “Dear Steve, I have 20,000 on 2 credit cards and a an interest free loan of 15,000 from my mom. I would like to be able to pay off both cards with the 15,000. Is there a way to request to see if the 2 companies would reduce the amount I owe them if I paid it off immediately ... Read More »

          Should I Go Bankrupt or Do Debt Settlement? – Endeudado

          Ready to Collapse

          “Dear Steve, I am 29 years old and 2 children and my wife. I am into too much debt that I am considering filing for chapter 7 bankruptcy. I owe 30,000 dollars in credit card debt. I have a mortgage of 98,000, a car loan, and a student loan. I am not behind on payments for anything, but I am ... Read More »

            I’m in a Debt Settlement Program and Getting Sued by My Creditors. – Cathy

            Ready to Collapse

            Cathy “Dear Steve, We have been with a debt settlement company for about 4 months and one of the unsecured loan outfits is already trying to sue us for the 85% of the total amount plus attorney fees and late charges included for about $500.00 a month or will garnish or lean or property not worth what we owe. Is ... Read More »

              Get My FREE Get Out of Debt Guy Newsletter

              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.

              I promise to keep your email safe and secure.