When you fall behind on your payments, credit card companies often use 3rd party collection agencies to try and retrieve the money for them. (…)

Hello. You can consolidate your bills through either a debt management or debt settlement program (assuming refi is not an option as you stated) however, both are likely to affect your credit. (…)

There is no clear cut answer for this question. Bankruptcy may be right for certain people in certain financial situations while debt settlement is best for others. (…)

Hello. I do not know of any free debt relief companies to get you out of debt. (…)

The decision on what type of solution to use must be your own when choosing between a debt consolidation company and a debt settlement company. (…)

If you are behind and unable to pay your credit card bills, then it sounds like you may want to look into a debt settlement option. (…)

Unfortunately, if it is secured debt, the company who loaned you the money will most likely take the item you secured the loan with unless you can talk to them and see if you can renegotiate your payment plan. (…)

Hello. This is really a legal question that I cannot answer but what I can tell you is that it depends on how old the debt is. (…)

Yes, debt settlement saves you money by reducing your balance on your credit card debt but as a result, the IRS requests that you pay income tax on the amount you saved by using a debt settlement program. (…)

There are lots of credit card debt offers out there trying to lure you to transfer your balances. (…)