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

1. I know you have to send in a written request, a copy of orders, and specify which statue you’re using. So, what would a copy of orders look like? For example, if someone has a reporting date for OCS or BMT, what would they use? An actual example of a form would be great! Also which statute is it that I should address in my letter to the creditor?

2. When using it on credit cards, do the lending companies actually close the credit card account or does it remain open after SCRA has been used?

3. If the credit card remains open, will using it again void the SCRA debt reduction to 6%? For instance, if I owe 3,000… I use SCRA, then I use the credit card again to purchase food… now, I owe 3,025… Does the rate go back to the original rate on the whole amount? Or is 3k under 6% and the rest under the normal percentage?
To clarify, the act is for anyone on ACTIVE duty. Anyone at OCS or BMT is on active duty if they are not part of the reserves.

I do not know what orders look like. So, it would be nice if someone were able to show a template of how orders are supposed to look, or inform if the sign up contracts for active duty will suffice, as well as list the statute to reference when sending a letter to the creditors.

Lacy Horwood

A) prove to the world that the United States was willing and able to make good on its commitments
B) prove to the world that the United States continued to have at its disposal the most powerful military force in the world
C) demonstrate that the war was being fought on moral and ethical grounds
D) justify to American taxpayers that their money was being well spent on the other side of the world

President Reagan’s initial strategy to fix the lagging u.s economy involved:

A) lowering interest rates
B) a reduction in the federal budget deficit
C) lower interest payments on the national debt
D) all of the above

I’m stuck on these.

Duane