Get Started for a Free Consultation!


Debt Destroy

How to take action to resolve your debt situation ?


Agung Rep Points: 15
Posted on August 1, 2008 at 10:01 pm
How to take action to resolve your debt situation ?

citicredit.asia Rep Points: 25
Posted on August 11, 2008 at 1:35 am
1. Continuing to run from the problem will only get you in deeper trouble.2.Respond to your creditors and show them that you have an interest in working thins out. 3. Acknowledge to yourself that you have made some irresponsible decisions.4. Get professional counseling if it is warranted.5. Share your problems with a close friend or your spouse.6. Know that there is a way out and that this process and a debt-free destination are probably a better experience than the stress in your life today.

sandalwood Rep Points: 2,085
moderator
Posted on August 17, 2008 at 5:05 pm
Good advice citicredti.asia. The best way to take action is to face your debt square on. Don't run away and certainly don't put your head in the sand. It ain't going away unless you make it go away. Almost every creditor wants to help you work your way out of debt (at least) with them. They could care less about any other creditor. That works to your advantage. You can play one against another. Keep trying to negotiate a lower payoff and you might get that number you can afford to pay to have the debt out of your hair. Once you get that number, ask them to mark your account  as paid in full as agreed and remove any deragatory entries they may have submitted prior to your workout.

citicredit.asia Rep Points: 25
Posted on August 20, 2008 at 9:53 pm
1. Continuing to run from the problem will only get you in deeper trouble.2.Respond to your creditors and show them that you have an interest in working thins out. 3. Acknowledge to yourself that you have made some irresponsible decisions.4. Get professional counseling if it is warranted.5. Share your problems with a close friend or your spouse.6. Know that there is a way out and that this process and a debt-free destination are probably a better experience than the stress in your life today.

Daamin (Guest) Rep Points:
Posted on June 26, 2010 at 9:27 am
  • Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone.---daamin---Debt Loan

  • Chris (Guest) Rep Points:
    Posted on June 29, 2010 at 7:49 pm
    Make a payment plan on your computer. If you get 2 pay checks per month write it like, 1 check being used for rent, food, gas, some utilities and some debt, then the 2 check being used for food, gas, the rest of the utilities and the rest of your debt payments. If it come out to more money then you have you will have to cut spending in the only places you can, mainly food. Cut coupons, shop at a cheaper store and /or buy store brand or generic. This could easily save you $100 per month in groceries. The other places where you can cut cost on is some utilities, for instants use less electricity, you could easily shave off 10 or 20 dollars by doing a few simple things like turning off light, turning off the tv if you're going to be out of the room for more then 15 mins. Reevaluate what you "need" vs what you "want" and things will work out. If you have any extra money at the end of the month, save it, you'll be surprised at how fast it adds up!-----------------------------------------------------------------------------------------To learn about when to file bankruptcy, join a debt consolidation program or to just wait it out, go to www.besthelpfinancial.com/bankruptcy.html

    Sabastian6 Rep Points:
    Posted on July 12, 2010 at 4:00 am
    The pressure of mounting debt problems can be intimidating, leaving you feeling isolated and alone. However, there’s no need to face this stress on your own. and i think you need to take  the support of a dedicated team of professional debt advisors, trained to find the best debt solution to suit your circumstances,

    ronaldeddy Rep Points:
    Posted on July 29, 2010 at 7:17 am
    Payday loans in 1 hour lenders have bad habits of creating the shortage of funds. I think so they have left states.

    debtreliefnw Rep Points:
    Posted on July 30, 2010 at 3:48 am
    Have you heard about debt management programs I think you should check it out.