Apr
I HAVE LOTS OF DEBTS THAT I WANT TO GET RID OF BUT I DON'T KNOW WHERE OR WHO TO ASK FOR HELP!!! SHOULD I GET A DEBT CONSULTANT???
Answer:
Bankruptcy should be the last option as it is the black spot on your credit report and it stays till 10 yrs….So contacting a debt consolidation company is the better option as they are the specialist in the field and can guide you in a better way for resolving you debts. Here is the company for your reference ezconsolidation.com
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Do not do those debt consolidation deals. Future creditors will see that as a bankruptcy. Do you own a home?
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we are going through that right now we cut all but one card and we are trying to pay everything off if you can't do it yourself then get help but don't pay for it
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No. Start with the smallest debt first, when that one is paid off work your way up.
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visit dave ramsey.com for common sense approach to earn ur freedom from debt slavery.
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Make it easy on yourself and just file bankruptcy or at least see a bankruptcy lawyer. Forget the counselors. They are a rip off. Go see a lawyer, consutations are free.
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stay away from the DEBT CONSULTANT they will put you more into debt than you are in now see a bankruptcy lawyer and file and get a fresh start if your credit score is in trouble the bankruptcy will not hurt it that much more
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If you have not made a payment in 3 years, I would not start now. Try to reestablish with prepaid credit cards and keeping your accounts current
IMPORTANT**
Paying old debt will lower your credit score and appear as new charge offs, and can allow them to stay on your credit longer if you establish a payment plan.
Answer:
You cannot expect a loan from anyone to do a consolidation. Chances are that you have not had a job for a while….Don't worry about owning a house — no one will loan you the money… The only way to get rid of debt is to pay the bill…. There is no one who will help you.. Ask your parents or boyfriend — relatives.
Answer:
YES!!!!
Get a debt consultant. See what they can give you for options. In a situation like yours, if you haven't paid debts in awhile, you can most likely have your debts settled for a fraction. The lenders would much rather settle with you than have you possibly go into bankruptcy and not pay them at all. You do have many options out there.
Request a free debt consultation here, get your options and choose if they are right for you, you have no obligation to go with any of them if you don't want to, but they have a very successful track record and have helped thousands of people.
Good Luck!!
http://www.endthisdebt.com/card_debt.cfm
Answer:
Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.