I have to deal with my credit card debt..it went over to the collector called unifund. does anyone know any good settlement company that i can trust?
thanks guys! great help!!
mind you, when i googled "Consumer Credit Counseling", there are so many sites, which one is it?
Is a debt settlement program a good idea, compared with using a Consumer Credit Counseling group, or Debt Consolidation?
Ugh, so embarrassing, but here goes …
Consumer Credit Counseling says I can consolidate my 00 in credit card debts into one monthly payment of 7, providing the creditors accept this arrangement. But as of today I have .55 to my name and for the first time am about to go on food stamps to help me during this rough time.
Additionally I owe about 00 on my beloved car that I’ve had for one year. But now I’m behind almost two payments and am at risk for losing my car. This is the extent of my debt. I’m college educated and doing what I can to find work, but so far nothing, and it’s been seven dry months. Last year everything was coming together beautifully, and I was so proud of myself and my hard work, and then I lost my job.
Ten years ago I filed for bankruptcy in another state. This would be my second, although the first has been removed from my record since enough time has passed. I never in a million years thought I’d be in a position of having to consider bankruptcy again and am feeling incredibly sad and ashamed of myself.
I would really welcome input. I’m in California if that helps. At this point I don’t care about my credit rating. I just want freedom from this chapter in my life and another fresh start. Berate me if you must, but I’m really need solid feedback on what I should do. There won’t be an attorney. I would be representing myself.
Thank you.
P.S. It’s my understanding that if my car gets repossessed, they’ll try selling it at a car auction. I’m responsible for paying the difference in what I owe versus what they sell it for. Does this sound right? The car loan company is reluctant to discuss this, since they understandably want me to resume payments. Also, can a car be written off on a bankruptcy? That seems like I’m asking for too much.
I’ve heard some people say that the only fair company to use is "Consumer Credit Counseling" but they were charging about 10% of my original debt (which is quite high). Has anyone used those online services that you see on TV? I know there are some companies that allow you to pay off your accounts over time but I would rather get everything settled and not have to worry about it. I’ve tried personally calling the credit card companies or the collection agencies but have gotten no where. Any help would be great!
Or are local attorney’s better.
I have worked with consumer credit counseling for over a year now and I currently was paying over ,500.00 a month to cover bills, unfortunately my husband is off work and will be for some time because of a work injury which workers’ comp denied. He is scheduled for 2 surgeries and I am seeking some form of disability. I will be down to one income, I have four children, I am thinking about doing debt settlement since we owe K and I am the only one working with no other income coming in, please advise me if these programs work, I cannot file bankruptcy. Please help me.
you do to get back on your feet again? Would you file bankruptcy, get on a debt repayment plan with a consumer credit counseling group or just give up and let the creditors hack away at you?
This persons income went down by half due to the economy so they can no longer pay debt incurred due to a year of not working. They’ve already had consumer credit counseling, which referred them to a lawyer to file bankruptcy. Do they get to keep their car and house? They really don’t have the money to pay accept for basics for living. Will they be made to pay back any of the credit card debt?
The difference in income means that the credit cards can’t also be paid along with living expenses (house, utilities, car).