Originally published December 11, 2009 Consumer debt is a world of double standards. On one hand you have advocates screaming about the evils of debt settlements or that groups that charge people for professional help to do debt settlements are ripping off consumers because settling debts is something that anyone can do. Don’t get me …
“Dear Steve, I am with a debt negotiation company for over a year and i am being sued for one of my debts, the law office that represents the debt informed me that the company I am paying money to never contacted them when I faxed the letter over a month ago. Now I have …
“Dear Steve, We are drowning in unsecured debt and cannot get our heads above water. We are trying to decide whether to go with a debt settlement company (we are leaning toward Freedom Debt Relief) or contact an attorney. Not sure if the fees would be comparable- or if the attorney would be able to …
“Dear Steve, I am currently going through a divorce. We have put out house on the market and hoping it sells. We have plenty of equity in the house and are planning on using this equity to pay off credit card debt of about 40,000. I was enrolled in a debt settlement company for the …
Jo “Dear Steve, I have $12k of cc debt on 5 cards and I’m behind on 3 of the 5. I’m currently unemployed, picking up odd jobs, and just recently moved to another state while trying to make it but buried with cc debt. Can I negotiate debt settlement / elimination with cc companies or …
“Dear Steve, I have been working with a debt service for about 4 months now. I am currently over $13,000.00 in debt. I received a letter from a collection agency and i’m worried. Should I have contacted the credit card company before working with the debt service organization? Would it help if i contact the …
Diane wrote to me at the GetOutOfDebt.org site and asked for help with her debt situation. You can write me too if you need help. Here is what Diane said: “Dear Steve, I have signed up with New Beginnings to get out of debt. I have paid them for two months so far and have …