Comments on: Debt Settlement? http://howtogobankrupt.org/debt-settlement-13.htm Mon, 06 Feb 2012 00:00:45 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: tracyhide http://howtogobankrupt.org/debt-settlement-13.htm/comment-page-1#comment-6169 tracyhide Tue, 09 Mar 2010 04:50:41 +0000 http://howtogobankrupt.org/debt-settlement-13.htm#comment-6169 The only people who benefit from "debt settlement companies" are the companies. Stick with your non-profit (you shouldn't be paying very much each month to them--99.9% of your payment should be going to your creditors.) Tell them your situation and they should work with you--they want to help you get back on your feet and aren't predatory like those companies trying to "help you settle your debts for pennies on the dollar". Keep faith and make sure you have cut EVERYTHING out of your budget that is not completely necessary for sustaining life (soda, cable, and INTERNET are not necessary!) Good luck! The only people who benefit from "debt settlement companies" are the companies.
Stick with your non-profit (you shouldn’t be paying very much each month to them–99.9% of your payment should be going to your creditors.)
Tell them your situation and they should work with you–they want to help you get back on your feet and aren’t predatory like those companies trying to "help you settle your debts for pennies on the dollar".

Keep faith and make sure you have cut EVERYTHING out of your budget that is not completely necessary for sustaining life (soda, cable, and INTERNET are not necessary!)

Good luck!

]]> By: Crazeddoglady http://howtogobankrupt.org/debt-settlement-13.htm/comment-page-1#comment-6170 Crazeddoglady Tue, 09 Mar 2010 04:50:41 +0000 http://howtogobankrupt.org/debt-settlement-13.htm#comment-6170 Be very cautious about getting involved with these programs. There are alot of crooks out there. Be very cautious about getting involved with these programs. There are alot of crooks out there.

]]> By: CHRIS V http://howtogobankrupt.org/debt-settlement-13.htm/comment-page-1#comment-6171 CHRIS V Tue, 09 Mar 2010 04:50:41 +0000 http://howtogobankrupt.org/debt-settlement-13.htm#comment-6171 I would avoid debt settlement companies. I work for a large bank and once we receive the limited power of attorney and cease and desist order, we immediately send it to legal. It doesn't matter if you are just 1 day past due, we send all accounts off to sue the debtor. Most banks do not deal with these companies. I know that Bank of America, GE Money, Citi, HSBC, and JP Morgan Chase do not deal with these types of companies. I would stick with CCCS. I would avoid debt settlement companies. I work for a large bank and once we receive the limited power of attorney and cease and desist order, we immediately send it to legal. It doesn’t matter if you are just 1 day past due, we send all accounts off to sue the debtor. Most banks do not deal with these companies. I know that Bank of America, GE Money, Citi, HSBC, and JP Morgan Chase do not deal with these types of companies. I would stick with CCCS.

]]> By: Jennifer http://howtogobankrupt.org/debt-settlement-13.htm/comment-page-1#comment-6172 Jennifer Tue, 09 Mar 2010 04:50:41 +0000 http://howtogobankrupt.org/debt-settlement-13.htm#comment-6172 Hi, I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News.Check it out here: http://creditsolution.ez-mart.biz Hi,

I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News.Check it out here:

http://creditsolution.ez-mart.biz

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