Posted on October 11, 2009 at 7:21 pm If you're saying 'I have too much debt' and your car is up for security, you actually have a chance of being able to redeem the latter. In most states debtors are given 'the right to cure' your accounts. You're given a limited amount of time from the time that the notice for repossession was issued, till your final payment due date, which usually takes a few weeks. In this time period, you'll need to come up with the resources to catch up on all your missed payments and the late charges incurred on the balance. Take note that the right to cure isn't applicable in all states, and you need to check if this can be done in your area.

Posted on October 12, 2009 at 1:30 am Can I just sell the car instead to have money for my debt? It's really hard, I have too much debt and I want to be able to pay them all off already....

Posted on October 23, 2009 at 3:32 am Can I just sell the car instead to have money for my debt? It's really hard, I have too much debt and I want to be able to pay them all off already....Selling the car would put you in even deeper trouble than you already are in. Even if the car is no longer in your possession you will still be obliged to pay for it.Have you consulted your lender regarding a right to cure or a payment plan that you could work out with them?

Posted on October 23, 2009 at 4:13 am Right. If you're saying that "I have too much debt" and are in need of getting the car payment taken care of, you can certainly inquire about the right to cure that loan--provided that it is indeed offered in your area, because not all states have that option.

Posted on October 23, 2009 at 4:14 am If a right to cure is indeed lawful in your area, your lender should have told you about it, to give you an opportunity to take care of that debt...

Posted on November 20, 2009 at 12:24 am I am just as stupid as a donkey when finally aware that all of my debt actually made by me alone. Too much promotion out there and too much easy pay that blinded our logic mind. Day by day I am struggling to pay for only the minimum bill. You know and everybody known there are no easy exit for our debt. it is just like taking a diet pill and hoping tomorrow we'll loose pound or two chunk. Because there is no easy money!But praise Lord now I am sober and manage to pass those hang over debt frustrated dilemma. From the internet we can find tons of easy shortcut debt solution but there is no shortcut solution at all!! and now I am telling you I've found this small site that giving us daily assistance and I recommend you to this site. This is the link:<a href="http://8066aff5gxat7u1aqfevftay3k.hop.clickbank.net/?tid=FRI131109" target="_top">Click Here!</a> It contain all we need to know to manage our debt, telling us how to behave of money. Now my debt is sitting around 8% left until I am debt free in next few week. That site absolutely side kick for my soul on eliminating my debt. Hoping the same to you!Regards,Alan.

Posted on November 30, 2009 at 1:07 pm   95% of the people to take out a credit card max the card out within 6 months. The average american family has $8,500 of credit card debt.  The point I'am trying to make is that everybody in one way or another carrys some form of debt so don't let it bother you too much. Understand, There are so many people in the same boat as and that life doesnt end if you dont pay you credit card statement. So everybody please do me and yourself a big favor and stop worrying so much about your debt.