What is the best way to become debt free?
Sunday, March 26th, 2006stephanie asked: I have looked and read all kinds of diffrent stuff. On debt reduction, debt consolidation,debt settlement. I know that I don’t want to file bankruptcy!! Im about 8,000 in debt with-all mostly being hospital bills. I am a mother who makes about 17,000 a year, and it takes about that much to survive. [...]
Should we looke for a 2nd mortgate to pay off very high credit card debt?
Wednesday, March 15th, 2006ajwhite asked: Over the past years and due to certain circumstances, we have a lot of credit card debt - approx. 50,000. I have never looked into a second mortage but in researching debt reduction I have seen it as an option. Should we get a second mortgage to pay off these debts? [...]
What is the deal with the debt reduction programs where you do not have to consolidate or take a new loan?
Tuesday, March 7th, 2006mecha_nic asked: I mean, c’mon - how can your company combine and reduce my debt by over half, without filing bankrupt? Whats the deal? And you say my credit rating will not be hurt? What about all the debt I have from buying that ocean front property in Colorado?
yeah yeah…the companies and [...]
Can anyone explain to me how those debt-reduction companies work?
Thursday, March 2nd, 2006azny196 asked: I’m about 10,000 dollars in debt, and despite trying, I am unable to crawl out of this hole. I do make more than my required payment on time monthly, only have debt on three credit cards, but my debt stays the same. I was thinking of one of those debt consolidation companies I [...]