Posted on
November 26, 2009
at
3:17 am
what is the best way to help me pay bills? there are so many options out there that are starting to confuse me already;/.///
Posted on
November 26, 2009
at
3:36 am
what is the best way to help me pay bills?Please fill us in on your current situation. Certain debt relief solutions work best under certain circumstances, and we can help you out better if you filled us in on your current situation.
Posted on
November 26, 2009
at
4:39 am
what is the best way to help me pay bills?Bankruptcy is one of the ways to get you out of your situation but only if you have reached the state of insolvency--that is, when your debts exceed the number or amount of your assets.
Posted on
November 26, 2009
at
4:53 am
but doesn't bankruptcy ruin your credit a lot? i mean i know it will help me pay my bills but i don't want to end up having awful credit after,,,,
Posted on
November 27, 2009
at
2:38 am
Bankruptcy will remain on your credit report for 7 years if you filed for Chapter 13, and 10 years if you file for Chapter 7. That is why Karess says to consider it as a last resort in getting your debt taken care of.If you're also saying "help me pay my bills," then you can also consolidate your debt thru credit counseling and debt settlement.
Posted on
November 27, 2009
at
3:03 am
If you're also saying "help me pay my bills," then you can also consolidate your debt thru credit counseling and debt settlement.Debt settlement allows you to pay for a percentage less than the full amount that you owe. You're given an opportunity to complete the settlement amount in 12-36 months' time.Credit counseling on the other hand enables you to pay your debts for a five year period, with lowered interest rates, no fees, and one consolidated payment for all your creditors.
Posted on
February 5, 2010
at
5:26 am
Depending on your financial situation, the best way to help yourself is to enroll in a debt relief program. If your balance is not too high (less than $10,000) and ur accounts are still current - do credit counseling (Debt Management Plan). Have ur interest rates negotiated so u can get at ur principle amount much quicker. And after credit counseling, should u decide to do the negotiation yourself - then don't enroll in their DMP anymore.
