Posted on
April 14, 2010
at
3:30 am
is there such a thing as credit card help from government?
Posted on
April 14, 2010
at
3:35 am
is there such a thing as credit card help from government?--it depends on what you mean by "help" ...
Posted on
April 14, 2010
at
4:33 am
Hey copy cat, you don't need help for your credit card issues from the government, there is a debt relief industry, that may have the right program for you - and they are affordable too. The monthly fees are, compared to your current ones, relatively reduced. Not only that, an enrollment with a debt relief program would also reduce your collection calls (if you're getting a lot, and note, not eliminate them altogether-just lessen them), and debt relief would save your credit from the effect of a bankruptcy.
Posted on
April 14, 2010
at
5:04 am
Credit card help from the government - if you are a senior citizen or are facing a foreclosure, lawsuit, repo and in need of the automatic stay provision? BANKRUPTCY.
Posted on
April 14, 2010
at
5:08 am
I agree with destiny, only - if your debt is unsecured - like credit card debt - it's not advisable to file bankruptcy as it stays on your credit report for 7 years (Chapter 13) and 10 years (Chapter 13) - plus 20 years on your public records. However, if you don't have much need for it, if you're a senior citizen, then you sort of have earned it. The government owes you that help. File bankruptcy also, if you're in a desperate situation that needs for all collection activities to cease for you - other than those two -choose the alternative. Look for the right debt relief program for you.
Posted on
May 26, 2010
at
5:00 am
Yes here it is check it out. http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre19.shtm
