Candace W asked:


Married, and have almost 100,000.00 in debt. Thats not including a house payment, total of 113,000.00. Total all together 213,000.00
Its to much for me to handle but we dont wont to loose our good credit score.

Gregory

PizzaTony asked:


This is related mainly to my personal business, and personal finances. Any help on this, or an organization to help with credit card debt consolidation, would be greatly appreciated.

Rhonda

Jazzsuzan * asked:


Which would be best if you have good income but not enough to meet monthly bills, utilities, unsecured debt & your house is upside down $188,000, due to adjustable arm and drop in value? Would you recommend using a paralegal, attorney or debt solution company (unsecured).

Connie

Ubiquitous asked:


I’m paying off a lot of credit card debt and currently have my student loans in a deferral status. But the big monthly payments will start up again at the end of this year.

Aside from trying to “drop off the radar screen” or looking for a much better-paying job that would quickly burn me out, I’m curious if anybody has any leads on this matter.

Thanks!

PS: Don’t recommend declaring bankruptcy because student loan debt is exempt from that.

Todd

interdependent globalized world asked:


How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works?

Thanks, I need lots of details and really want to understand so thanks again for your help!

April

alizarinlily asked:


I have a bunch of negatives on my credit report and I am in a position where I can pay back my debts. I want to pay back the original lenders not only to assuage my guilt, but also to make a deal to delete my negative info. If I pay back lenders in full, what happens to the collection agencies that are on my report that “bought” the debt? Do I inform the credit agencies to investigate? Do I ask the lender to help? (Why would they want to?) Does it just go away? I’ve searched everywhere online and at the library and I can’t find the answer. Thanks in advance for your advice!!

Gregory

sonija asked:


I am in dire need of a debt consolidation loan and I have bad credit. I can make things work with $5000, but I do not know where to start. I have seen people with yahoo addresses claiming they can loan money but they sound fishy as it is not a company email, their emails always seem to be yahoo. Any info will help. I fell on hard times and am now able to pay my monthly bills but I cant seem to catch up what I fell behind on. PLEASE help asap. I have a 5yr old and I do not want him to suffer us loosing our home or car.

Evelyn

jimmyaven asked:


I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now, it should be close to $3000 because of all the interests.

What does debt consolidation do? More importantly, can it REALLY remove or reduce the interest that built up over the last 5 years?

When doing a search for debt consolidation services, I get THOUSANDS of results. Which debt consolidation services are better?

Detailed answers would be appreciated.
Update: Am I correct to assume that if I leave the debt as it is, I can have it completely wiped off my credit card two years from now as if it never happened?

Kim

mony ou asked:


I have 4 credit cards with approx. $25,000.00 worth of debt on them. I would like to get ahold of a non-profit debt counseling service in order to get rid of the high interest rates and pay them off alot sooner instead of only paying the interest and the over the limit fees. I have not used these cards for the past 5-6 years and the accounts are closed except for me making payments on them. I am not even touching the actual principal that I owe, although, I have probably paid enough on these cards to have actually paid off the actual principal. How is the best way to do this and what are some reputalbe non-profit agencies that will help achieve this? I have also heard that some credit cards will take a settlement on some accounts. Is this a good idea and how much of the amount owed do they usually want? I realize that this may hurt my credit rating but to be honest with you it isn’t worth squat now, so what is the difference? Does the debt consolidation hurt your credit as well?

Warren

mommy23girlys asked:


My bankruptcy has been discharged for two years now. Mostly all the debt on my credit has been deleted, but there are about 6 items left. On the report, it says in the comment section “included in Chapter 7 bankruptcy”. How can I get the remaining ones removed?
Yes, the items remaining were all included in the bankruptcy. They say “included in bankruptcy” and it has been discharged. All the the other accounts were deleted off my credit. But there are 6 still on there. I thought I could just have them removed also since they were with the bankruptcy.

Michael