Posted on
July 27, 2009
at
2:29 am
i just lost my 2nd job and in debt amounting to $15000 in credit cards and personal loans. my first job is not paying enough and i am hardly getting by. all my bills have gone late in payment and i need help. i want to know how to wipe out my debt and live a debt-free life. thank you
Posted on
July 27, 2009
at
12:06 pm
Hi there- let me ask you- how far past due are all of your accounts at this time? And how much could you dedicate per month towards paying off your debts? Let me know and we can take it from there.
Posted on
July 28, 2009
at
3:38 am
i havent paid the bills for almost 6mos now and i can hardly make any payments towards my other bills because i still have expenses at home.i cannot make even the interest payments.debt collectors are also calling me even at my old job. please help
Posted on
July 28, 2009
at
5:55 am
Given your current situation one way on how to wipe out your debt is thru debt settlement. You may be able to pay less than the actual loan balance that you have--around 40-60% of that to be exact--in the space of 1-3 years. Your debt amount also qualifies for most debt settlement programs.
Posted on
July 28, 2009
at
9:22 pm
can you tell me more abt the debt settlement thing and how it works?
Posted on
July 29, 2009
at
3:01 am
Settling your debt allows you to pay a portion of your debt to your creditor and the remainder of the amount will be deemed forgiven. You may either do it yourself, or hire the services of a debt settlement company. Settling a debt takes at least 1-3 years before the amount would be completed.
Posted on
July 29, 2009
at
3:25 am
HOW MUCH TO PAY IF I HIRE DEBT SETLMENT CO?
Posted on
July 29, 2009
at
7:47 am
You can hire a debt settlement company and expect to pay 15% of your total debt amount in fees. And, most companies will spread the fees out over 12-18 months and include them in the monthly payment they establish for you. I noticed the name you used- do you have an account with Frye's office? I worked with them a lot when I was in the industry. Also, you can fill out a form on DestroyDebt.Com to get matched up with a qualified debt settlement company if you are looking for help.
