Posted on July 31, 2009 at 2:05 am Do fill me in and let me know. Thx!JB

Posted on July 31, 2009 at 3:00 am Some steps to consolidate debt:1. First assess your financial situation; try to figure out how much you actually owe all your creditors. If possible make a list of all the balances and arrange them accordingly. Also try to figure out how much of your disposable income can be allocated to paying off debt.2. Stop using your cards, so as to prevent from falling further into debt. We all know that as long as there's an unpaid balance on your card, interest charges add up, and that may prove to be more harmful on your part.3. Try negotiating with your creditors and see if you can strike a compromise on paying an amount that you can afford and at the same time would seem reasonable to them. Don't agree to a payment plan that they offer if that plan enables you to pay more than you can afford. That's why assessing your situation at the onset is very important.4. You may also hire the services of debt consolidation companies if you're not entirely confident of your negotiating skills. Take note that there are non-profit companies that exist, to help you take care of your debts with minimal cost.

Posted on August 3, 2009 at 12:08 am What are the steps to consolidate my debt even if i have bad credit? Its been a while since i paid my bills, most of them have chargt off. Im really worryed by this and i hope theres something that can be done........

Posted on August 3, 2009 at 2:14 am One of the best steps to consolidate debt is thru debt settlement, especially if the accounts have been written off as bad debts. You'll be given an opportunity to pay way less than what is actually due, and also at this point of delinquency, creditors are more forgiving and willing to negotiate with you.

Posted on August 3, 2009 at 2:47 am What are the steps to consolidate debt if they are mostly secured debts?

Posted on August 24, 2009 at 5:31 am "What are the steps to consolidate debt if they are mostly secured debts"You can try getting a consolidation loan. But the thing with it is it either has a high interest rate or it would ask for a collateral--which usually is your home. A missed payment on this loan could cost you your house.How's your credit? If it is bad, the chances of you getting a fair or low interest rate loan is low.

Posted on August 24, 2009 at 8:34 am What are the steps to consolidate debt- great question and some good responses here. Another important step is to know and understand what your debt consolidation options are. Here is a list of those options, as debt consolidation is now used loosely to define any of the following: 1) Unsecured debt consolidation loan. 2) Secured debt consolidation loan. 3) Credit counseling. 4) Debt settlement. 5) Chapter 13 bankruptcy.

Posted on August 25, 2009 at 12:39 am Which  of these would you recommend, and which would you not recommend that I do?

Posted on August 25, 2009 at 2:24 am How is Chapter 13 banko considered as debt consolidation?

Posted on September 2, 2009 at 11:19 pm MeiMei, that depends on the debts and the amounts that you currently owe. Give us a background on your debt situation and we can help you on that more.