Posted on
November 11, 2009
at
1:14 am
If you google "self help debt packs" it would give you U.K. sites and that might make you wonder if that also exist in the U.S.What are self help debt packs about anyway?Share your thoughts!
Posted on
November 11, 2009
at
1:19 am
Self Help Debt PacksI don't know what it's called in the U.S. or if the contents of which is bundled like that. I'm thinking it includes sample letters or templates as well as a manual about debt -- I'm not too sure. Individually, those tools are available for download in the U.S., for free.
Posted on
November 11, 2009
at
1:21 am
I found this:Self Help Debt Packs
We first produced the debt self-help pack, 'Debts... how to sort them out', in January 2002. The pack is a practical guide for people and includes blank financial statements, standard letters and court forms.Question is, is it for free?
Posted on
November 11, 2009
at
1:24 am
Self Help Debt Packs - in the U.S.I think it would be called something like settle your debt yourself or eliminate yourself (d.i.y.) and that would be free online.
Posted on
November 11, 2009
at
1:27 am
Self Help Debt Packs - in the U.S.I think it also comes in the form of books/records authored by people like John Commuta, Suze Orman, Dave Ramsey...Not free.
Posted on
November 11, 2009
at
1:31 am
Thank you all for joining the discussion -A follow up question: For whom are the Self Help Debt Packs? And what if the consumer doesn't want or can't deal with debt themselves? What if they don't want it dealt d.i.y.?
Posted on
November 11, 2009
at
1:33 am
A follow up question: For whom are the Self Help Debt Packs?For consumers that can't afford or do not want to spend on professional debt relief services.
Posted on
November 11, 2009
at
2:01 am
A follow up question: For whom are the Self Help Debt Packs?Also for consumers who CAN'T enroll in debt relief programs even if they want to - due to their location. Some states prohibit professional debt relief operations:GiorgiaIdahoKansasMaineMississippiMinnesotaNorth and South CarolinaUtahWisconsin
Posted on
November 11, 2009
at
2:03 am
Self Help Debt Packs - if the consumer is not using those or any d.i.y. book/program, what are his/her professional debt relief options? And how much would enrollment cost them?
Posted on
November 11, 2009
at
2:05 am
Self Help Debt Packs - if the consumer is not using those or any d.i.y. book/program, what are his/her professional debt relief options? And how much would enrollment cost them?Credit counseling- non-profit but their Debt Management Plan would cost around $25/mo. after the one time set up fee.
Debt settlement companies would charge 15% of the total debt amount -spread over 18 months or 20-25% of the settlement amount.