Archive for October, 2007
October 26th, 2007 | 
Author: 
bjann_2 asked:
I have recently been introducted to a debt reduction program- which sounds to good to be true. I need some advise.
This program is where i stop paying my bills in order to get the credit card companies to settle. In the mean time, I am setting money away into an account known only to me. When enough money is set aside the Debt reduction company will try and settle with my creditors.
Are there any legal consequences I should be aware of?
Sebastian Skarzynski
I have recently been introducted to a debt reduction program- which sounds to good to be true. I need some advise.
This program is where i stop paying my bills in order to get the credit card companies to settle. In the mean time, I am setting money away into an account known only to me. When enough money is set aside the Debt reduction company will try and settle with my creditors.
Are there any legal consequences I should be aware of?
Sebastian Skarzynski
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dAvE asked:
I am thinking of signing up for this. Its either this or not pay on my bills. I have just ran into a brick wall with to much debt. I have been paying on 7 cards for the last 5 years on time and over the minimum payment. I have a car payment, rent, insurance, Cell phone, and other payments that are a must. credit score is ok, not good because of the outstanding credit I have but good enough that I don’t want to totally ***** myself. It was either get laid off at work or take a pay cut. Has anyone heard anything good on this company? Please let me know.
Galen Alumbaugh
I am thinking of signing up for this. Its either this or not pay on my bills. I have just ran into a brick wall with to much debt. I have been paying on 7 cards for the last 5 years on time and over the minimum payment. I have a car payment, rent, insurance, Cell phone, and other payments that are a must. credit score is ok, not good because of the outstanding credit I have but good enough that I don’t want to totally ***** myself. It was either get laid off at work or take a pay cut. Has anyone heard anything good on this company? Please let me know.
Galen Alumbaugh