Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

Induced Karma asked:


Title pretty much says it all! As with many folks nowadays, I am staring down bankruptcy, and would like to get some expert’s (or those who have gone through this and succeeded) advice. I have ventured on my own, and have been unsuccessful at achieving either a rate reduction or debt forgiveness.

Jarrett Nierer

boxbeatle asked:


After almost 2 years of paying Consumer Credit Counselors in a debt managment plan, we will no longer be able to meet their required monthly payment amount. I believe my best option is to stop paying credit card debt to them, pay my property taxes (they are behind) and essentials, and let my accounts go to a debt reduction negotiator. Where is the best place for me to look?
I am interested in contacting you Brooke, but I do not have contact information.
boxbeatle@yahoo.com

Carolyn

sami_sam asked:


What is the best company to go through for debt reduction/consolidation? I have about 6 credit cards and they are all at their max, and I am only 21!

Now before you go judging me and telling me not to spend my money on shoes, this was all for school, basic living expenses, and to help my family. Student loan companies wont loan to me because my credit score wasnt high enough and I didnt have a co-signer, and I couldnt get federal aid because the *said* my mom made too much (39k a year as a single parent of 3 kids, 2 of which are dependant, a mortgage and 2 car payments? dont think so!)

So… Who are the best non-profit debt relief groups to work with, coming from experience please?
also– does debt reduction show up negatively on your credit report, or does it just show up as a loan?

Bruno Dadisman