Receive monthly payments for goods sold.Can have a lump sum to pay off credit card debt?
Receive monthly payments of office building sold a few years ago … We are indebted to our ears in credit card debt.Can you get a lump sum to someone against these payments to pay off our debt?
Yes, but … There are companies such as Peachtree and JG Wentworth who will buy their monthly cash payments, but only give you about 1 / 3 of its value.
Invest, or Pay off Credit Card?
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What do you think about the debt of establishment / Negotiation programs?
I have 40K card bills and credit as you want a quick and easy way out of them. Also I have to keep my credit in good shape so I'm looking for a program to work with you to help me get red of debts. I interviewed a few companies debt settlement (http://www.cydebt.com/home/homepage.shtm … and told me they can reduce my debts and 15K mark my credit. So what is the downside of these companies and why everyone thinks they are rip off. I can not understand a part … what will my creditors if I do make a payment?
QUICK AND EASY WAY OUT? LOL NOT to do debt consolidation. It only moves around its debt. It rolls large items LOW interest and items of interest on the same loan at an interest rate midrange. You can reduce your monthly payments, but that means it will take even more time to get out of debt. It also releases all its lines of credit so you can simply run it again! Finally, you often have to pay a loan origination fee. You do not need anybody to do it for you. All they do is negotiate your debts for you and charge a fee. You can do it yourself! Call them all and make a plan payment and seek low-interest stopped. Then make the minimum payments on each of them. On the lowest value of the dollar, make every extra effort to pay. Once that is paid off, then roll that extra money for the closer balance. Continue this snowball until all your debts pay. You probably need to cut back their spending to a minimum. Get rid of cable, cell phones, Internet, etc. to reduce your electric bill, invoice gas, water bill, etc. Do not eat in a restaurant until your debts are under control. Take a sandwich for lunch. Cancel the gym membership. Try increasing your income, get a second job. If you have a car with payments, get rid of it, and buy a good used car insurance for cash. Go to the library and get "The Makeover your money. "Carefully read and follow. Go check out Dave's website as well. Www.daveramsey.com
Greek PM rules out suspension of debt payments the Greek Prime Minister George Papandreou, has ruled out any restructuring of the huge national debt country is the warning that it would be "catastrophic for the economy." Getting out of Debt
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I have nearly 23,000 in credit card unsecured. I recently lost my job and had doing to make a lot less per month. I was a program of debt consolidation that I have my down payment to around 700.00 per month. The problem is that I am not to put on the network 1200.00. Then there is a mortgage and utilities, etc, so I'm sure running in the hole. Is it a good debt settlememt alternative. I do not want bankruptcy. Be settlement hurt my credit score, but right now I need an out. I've heard that companies will make settlement wait payments and credit card companies continue to haunt you? Is this true? Does anyone have any suggestions to my dilemma
Really depends on how much you can afford. Debt consolidation is for people who can still afford their payments. Debt Settlement is for people who are behind on their payments. Both programs have a negative effect on your credit score so the best thing to do is find a program that can get out of debt as quickly as possible so you can start rebuilding your credit after the wards.
Reduce you DEBT 25%-50% Get out of Debt in 2010 or at least Reduce your Hight Interest Rates!
what is the name of a credit card debt settlement company reliable?
Can someone please let me know name of a debt settlement company credit card that does the right thing.
Robert, there are only a handful of legitimate companies settlement of debt out there. That said, debt repayment is NOT your best choice for the elimination of credit card debt unsecured others. Even if you happen to find a company legitimate debt settlement, there are some serious consequences and disadvantages, including … – Long-term damage and short to his credit – does not guarantee results – very high and confusing rates –Front Fee charged that delay progress in settling its debts, and – Tax implications (what most likely receive a 1099 from its creditors in the amount of the reduction of balance, which means you have additional income tax) If you need help out of debt, a superior alternative to the traditional solution is debt resolution debt. Debt Resolution offers all the benefits of the settlement debt, but also eliminates or significantly reduces negative aspects mentioned above. Unlike debt (which is based solely on the level of crime to negotiate settlements), Debt Resolution advantage bona fide debt laws to challenge both the amount of debt, and provide legal protection for the borrower. Features include: – Eliminate 55% of your unsecured debt (guaranteed in writing.) Try asking a debt settlement company of a security. – Reduce monthly payments in half (or less) – No interest charges – no negative tax consequences (not going to be a creditor 1099) – Flexible payment terms (taking up 45 months – on a payment schedule you choose) As an example, say you owe $ 20,000 in debt from the credit card. 45% of which is $ 8,000. If you can afford $ 800 per month, you can get out of debt in 10 months ($ 8,000 / $ 800 per month). If you can only pay $ 400 per month, you can get out of debt in 20 months ($ 8,000 / $ 400 per month), and so on … The only other costs related to the program fee one-time $ 500 to administer marriage were created on the system, and establish the trust account that creditors are paid. That's it. There are no other costs or fees. Just a one-time $ 500 registration and share of 45% of current balance, which can be spread over as many as 45 months, depending on what you can afford. Some well-intentioned contributors in the forum indicate that you may make a debt settlement yourself … Well, they're right, you can make a debt settlement yourself. But guess what? You are probably not will settle your debt for less than 45% of the balance, which is the contract amount guaranteed if you enroll in the resolution of the debt. And guess what? Unless you are familiar with the laws of the debt in good faith and laws of your state that the covenants of the credit card – and you know how to use these laws to be considered a capital reduction a correction of the amount due in lieu of debt forgiveness, you will receive a 1099 for the amount forgiven, and you have to pay taxes on that money. And what about suggestions for assistance through a credit counseling service NFCC? Well, you can go that way if you want to pay three times more and have the process take 2-3 times longer. You see, companies are closely aligned with the credit card companies, and their goal is to pay both as possible. Let's use the example above, where you owe $ 20,000 and can afford $ 400 per month. With resolution of the debt, is debt free in 20 months. With advice consumer credit?? Say you lower your interest rates to just 9.9%. If you were able to pay the $ 400 a month, it would take 65 months to complete the program, and it would have paid $ 25.894 (instead of $ 8000 !!!). Quick question: What sounds better to you … $ 8,000 and be out of debt in 20 months or $ 25,894 and be out of debt in 64 months (which is almost three years and paying $ 400 per month). But remember … RESOLUTION OF THE DEBT IS NOT THE SAME AS settlement debt, and you CAN NOT get these benefits of a debt settlement company .. Debt Resolution is a unique patented process developed and perfected for many years by former Deputy Attorney General of California with over 40 years of legal experience, including more than 15 years specialized in solving the debt. For more information on debt resolution, visit: Visit http://www.BetterThanDebtSettlement.com and receive a Free Special Report entitled "Why the debt settlement NEVER Is Your Best Choice For Eliminating credit card and other unsecured debts." This report sheds a bright light on problems with debt repayment, and explains how the process of debt resolution eliminates or significantly reduces the inconvenience associated with debt settlement.
For the people buried in debt, bankruptcy is a lifeline to 18, Hagerstown man and his wife were working full time and paying bills when the bottom began falling out. credit card debt relief
I paid my credit card debt and canceled the credit card and still charge me?
I had a small debt of $ 91.33 which is great for me because I am a high school student and I have only one part-time job. so my bank Wells Fargo and I had a debt with them to i $ 91.33 cash to get out and clear my name out of the credit Burou in person and told them to cancel my card I want to use it anymore … and I also broke my card and Trew far … are now charging my overdraft and is a backup in the most negative is – $ 59.88 I'm sick of this, but I need help, what should I do?
Credit cards have no overdraft fees. Is this a debit card to withdraw money from a checking account? If so, you may have torn something loaded before the card was not clear your account until later. You can request a statement expenditure (or wait for the periodic sale, but sooner is better when disputing charges) and check that you have made or dispute the charge was not made by you. If it was not made by you, you must remove the load. You may have to apply separately to remove the overdraft fees, if we do along with the other dependents.
CREDIT REPAIR – info from the Credit Secrets Bible
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I am considering pros and cons of debt consolidation through ccc service or filing CH 13?
Payments would more than they now pay to keep my credit but have 6 accounts in collection status. I have a new car, I have to give that back to make payments to ccc services thus obtaining a copy on my computer. Chapter 13 appears on my record of seven years but I managed to keep the car and worry about i problems on the road to follow the plan. The attorney says he does not know at this point whether the plan will or 5-3 years of looking at my overall situation in more depth. It is a close call between the two. Chapter 7 is because I do not want to risk losing my home due to the accumulation of capital.
Bankruptcy is an absolute last resort and if you can do to avoid this path. There are alternatives and will be in your best interest to investigate all options. There is a website that has lots of information that may help. Good luck, hope they find a solution.