Call Us Today! 1-877-570-1313

My husband is self-employed and I’m not working. So far we’ve been able to pay our bills, but he only has a week left with the company he has been sub-contracting for. I have $40,000 in a 401k which is our only savings left. We have $55,000 in combined credit card debt. My mortgage is a neg am fixed at 6.50 with 2 years left, but I can only afford to make min payment, so $20,000 has been added to the original principal balance of $500,000. We won’t qualify on a full doc loan to refinance. I have a free and clear rental in Nevada, but would take too much money to fix up and sell and would rather wait until market is better. How do I reduce credit card debt and modify my mtg if we aren’t late and can’t qualify?

I am not sure why you do not think you can qualify for

Click to Read More >

The Debt Settlement process sounds too good to be true. I am being told that I have to wait for my bills to go into collection and be sold by the initial company to a collections firm before they can be settled. The thought of that scares me because I don’t want to get embarrassed with Garnishments ect. Does that make sense to start paying into a trust fund and ignore creditors until the Debt Settlement company can get involved?

Be careful of anything that sounds “too good to be true” especially when it

Click to Read More >

Doesn’t it reflect on your credit score even if you are able to negotiate with the creditors yourself?

The reasonj why your credit score is adversely affected in the debt settlement process is because

Click to Read More >

How will debt settlement affect my credit if I need to apply for credit while I am paying off my negotiated debt settlement?

If you enter a debt settlement procedure, you will not be advised to apply for any credit during the process. Debt settlement does hurt your credit as your credit card bills go into default during the negotiation process so applying

Click to Read More >

i have just talked with National Debt Solutions. Are they a legit company? They are in Texas and work with a bank call, Rocky Mountain Bank & Trust.

I do not know of that company, my apologies. Just be sure to talk to a few firms and do

Click to Read More >

i have very good credit. my creditors are chase, first national, and discover. i haven’t missed any payments. i just received a settlement from an injury and i don’t know how im going to make a living in the future so i need to be as frugal with this money as i can. im gravitating towards debt settlement savings because i would like to pay all the debt at once saving as much or more then half the money i owe. plus eliminating the 500.00 a month i pay my creditors would help in making my injury money last as long as possible. giving me time to go to school. im just very concerned about the affect it will have on my credit score.

Hello. It sounds as though

Click to Read More >