A few month’s ago, I started working with National Debt Relief to settle 2 credit cards….1 with Discover and one with Citibank.

I have had no issues until the other day, when someone from Citi called me to say they don’t work with debt settlement companies.

So, I have my debt settlement company telling me "don’t listen to the creditors, they are just trying to scare you", and then I have Citi telling me "don’t listen to the debt settlement company because they take your money and never pay us…a law was passed last year that we no longer work with debt settlement"

When I first enrolled into the settlement program, they said they did work with both banks, I had to provide my statements and they seem completely legit. I have a certain amount of money automatically being deposted into a trust account with the settlement company uses to pay off attorney fees and my creditors over a specific period of time.

How do I determine who is telling me the truth, and if my debt settlement isn’t working, what do I do with Citi? They did send me a letter asking me to settle…so what’s the difference if I settle through debt relief vs. settling directly through me?
If it helps, Discover has contacted me and is aware that I’m working with debt settlement and seemed more than okay with that. and they both sent me letters to settle for less than what i owe. it isn’t very much debt at all….just what I couldn’t pay off from my old lifestyle, after I had to move across the country and take a job making much less than i had before.

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This is the first time the nation’s credit rating has fallen below the highest level, AAA. The U.S. had held that rating since 1917.
Americans must be asking themselves: Is this the "change" Obama campaigned for?
But the President blames anything and everything on anyone and everyone.
The sad fact is should President Obama be reelected there is little doubt for him to add to the National Debt, in just 8 years, more debt than All Previous Presidents since George Washington…..COMBINED. Does anyone wonder why America lost its AAA rating!
OH!..it was the terrorist Tea Party..No NO..it was Bush..NO NO..it was..ah..Bush senior..it was someone’s fault but surely not the→ p r e s i d e n t.’s
FACT:
The first time the US lost its stellar credit rating came under….Obama.
And while the Democrats are sure to still blame Bush….even after nearly 3 years after Obama took office….it is the OBAMA Administration that has carried out virtually everything "Bush did" to an even higher level.The National Debt and Annual Deficits under Obama are way beyond anything under Bush. Obama and Bush are almost the same. The only thing different is that Obama dwarf’s Bush in the spending area.
And many make note of some of the "special powers" Obama has maintained that the Liberals complained about when Bush was president.
Any "hope and change"….was a false promise that was based on fantasies and faery tales…
Really…!
It’s almost as if he WANTs the US to go bankrupt. We spend 43 cents on every dollar just to finance the Debt.
That’s 43 cents on every dollar that does NOT go to health care, education, Social Security, or anything else.
The US economy is bound to collapse. It’s not a matter of "if" but "when" and "how soon," if Obama’s spending goes on. Do you doubt it? Creditors state that America’s now AA+ status could be even lowered more should serious spending not cease. It is not a empty warning; it is for real!
The reason for the downgrade does not require a political genius.
S & P downgraded U.S. credit rating because the debt is so high. Thanks to the liberals , the U.S.debt has grown by nearly trillion in JUST 3 years. Imagine an Obama reelection?!?
If we had a budget that reduced government spending by trillion over the next 10 years, instead of only trillion, it would have changed S & P’s rating. There is NO doubt about it.
And Obama is attempting to this time not blame Bush but the Tea Party!! IMAGINE that…!!
How audacious!
Tea Party patriots were correct all along. ….CUT THE SPENDING!!
Jotacar→TRUST me I know quite much. I have written for political candidates.
I need be on top of things.
My job demands that I do!

Technorati Tags: 3 years, 8 years, aa, aaa, credit rating, creditors, democrats, doubt, dwarf, faery tales, false promise, fantasies, george washington, health care education, liberals, national debt, presidents, sad fact, social security, tea party

In 30 years, the national debt has gone from just under trillion to .3 trillion, and is projected to reach just under trillion by 2016. Congress has passed new debt limits over the years that allow the government to keep running, and is currently preparing to debate whether to raise the ceiling this year.

Technorati Tags: congress, debt limits, national debt, trillion

Bang the ghost of Christmas past hits you over the head with his mumbo jumbo wand and transports you back to Dec of 1998

And there you are — Your mission ? To tell yourself all the things you have to look forward to — Will you believe it or dismiss it all as rubbish ?

Free speech zones pop up in the US some with cages after an attack on US soil that left some wondering if the government was incompetent and others to speculate the government attacked themselves etc etc

Billion of billions have been spent on Iraq – in a war that toppled a dictator and left the US as an occupier — Yes tell yourself 10 yrs ago that the US would occupy some nation in the world —

The big 3 are close to bankrupt and 700 billion was printed to save banks and insurance underwriters – and then another 800 billion but the begging auto sector will not get the 85 billion they asked for

Have you kicked yourself out of the house yet ?

A black President is about to take command of the US

No one in power is going to do anything in the next decade to end illegal crossing of the border – China will sell your kids and pets some poison products and your government won’t be doing much about that either because — China holds most of your 10 trillion dollar national debt

Have you called the men in white coats to take you away yet ?

India and China are real players in the world economy and might be taking the lead away from the US at some point if things don’t change soon —

Ok — now are you in hysterics on the floor of wherever you were in Dec of 1998

Or have you believed yourself or just had your head smashed in by your 1998 self ?

—————————–

How many of you succeeded in your mission to tell yourself 10 yrs ago about all the things that have happened in 10 yrs ?

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Such as the strengthening of our military, the illegal alien issues, securing our borders, solving our economic problems, reducing the National debt, reducing Government dependancy, and assistance for the elderly.

He claimed to have the answers prior to the election, but he still appears to be on the campign trail.
Very interesting and diverse opinions, thanks.

Technorati Tags: borders, campign trail, dependancy, economic problems, national debt

I am US permanent resident & I am planning to settle in US for rest of my life. I am a doctor. I am much impressed by the superiority of US in the world in almost all sector & its my ambition that US remain so forever. Currently US national debt is 83.4% of its GDP & its presumed to raise further….My question is whether this growing debt affect the prosperity & routine life of a common man? As Japan’s national debt is 192% of its economy & still its flourishingg. Than whats the importance of debt?

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Obama could swig a Coke and smoke a Marlboro before every press conference. The FBI jackets could sell advertising space to Smith & Wesson. And govt cars could sell space for advertisers just like NASCAR. The federal govt could raise billions of dollars by doing ads!
The national debt is almost trillion, Obama wants us to go another $trillion into debt and the recession is deepening. As Obama said, we must take action now.

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America is a country based on debt, your debt the national debt its all the same! You cant control your own silly spending but when politicians do it you feign surprise? You were not surprised when the new highway was paved or when supplies came in after the disaster. You were not surprised when the local bums collected their food stamps and WIC, or even when the SSI wagon came around for all of the illegitimate kids "payments". But now, after all these years, because we’re at the edge of financial collapse you act like the last guy with the pocketbook caused the problem.

Hilarious, mixed with a crap ton of irony I think.

Also, how can someone honestly look you in the eyes and with a straight face tell you health care needs to be passed and needs to be passed now? We pass it, we go bankrupt and guess what? No health care for anyone at all.

Anyone with a rational, logical mind would focus on the economy, get people working again. Then focus on such things such as health care.

If you disagree, please tell me why!
Your health insurance industry adds about .500 dollars to the price of every car made in USA over the cost of a car made in a country with socialized health insurance.

That’s the unions, maybe the 28 dollar an hour auto worker needs a pay cut. Ever think about that O_o

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http://www.nytimes.com/2010/02/25/business/25obama.html

From the New York Times:

In 2010, federal government spending will be equivalent to 25 percent of overall United States economic output, the highest proportion recorded in American history except for three years during World War II. Likewise, the .8 trillion national debt expected by the end of this year will be the largest compared with the size of the economy since 1948
Great analogy Isaac

Technorati Tags: american history, analogy, economic output, economy, federal government spending, national debt, new york times, proportion, trillion, united states, world war ii

We’re obviously in a huge crisis when it comes to national debt, and it’s time to consider some unorthodox measures.

Perhaps we should sell Alaska back to Russia? I’m pretty sure we could get an excellent price.

Believe it or not, we’re already paying Russia millions to send our astronauts into space when the space shuttle can’t be used, so obviously our government doesn’t have any problems sending money Russia’s way. Plus, Sarah Palin really would be able to see Russia from her house.

Technorati Tags: alaska, astronauts, government doesn, measures, national debt, russia, sarah palin, sending money, space shuttle

alternative energy sources
n. New locations to drill for gas and oil.

bankruptcy
n. A punishable crime when committed by poor people but not corporations

Cheney, Dick
n. The greater of two evils.

class warfare
n. Any attempt to raise the minimum wage.

climate change
n. The day when the blue states are swallowed by the oceans.

compassionate conservatism
n. Poignant concern for the very wealthy.

DeLay, Tom
n. 1. Past tense of De Lie 2. Patronage saint.

democracy
n. So extensively exported that the domestic supply is depleted.

Fox News
fict. Faux news.

free markets
n. Halliburton no-bid contracts at taxpayer expense.

God
n. Senior presidential adviser.

growth
n. 1. The justification for tax cuts for the rich. 2. What happens to the national debt when Republicans cut taxes on the rich.

gun control

n. The index finger, usually on the right hand. No other definitions or usage.

habeas corpus
n. Archaic. (Lat.) Legal term no longer in use (See Patriot Act).

healthy forest
n. No tree left behind.

honesty
n. Lies told in simple declarative sentences–e.g., "Freedom is on the march."

House of Representatives
n. Exclusive club; entry fee million to million.

laziness
n. When the poor are not working.

leisure time
n. When the wealthy are not working.

liberal(s)
n. Followers of the Anti-christ.

neoconservatives
n. Nerds with Napoleonic complexes.

9/11
n. Tragedy used to justify any administrative policy. (see Terra, Terra, Terra)

No Child Left Behind
riff. 1. v. There are always jobs in the military.

ownership society
n. A civilization where 1 percent of the population controls 90 percent of the wealth.

Patriot Act
n. The pre-emptive strike on American freedoms to prevent the terrorists from destroying them first.

pro-life
adj. Valuing human life until birth.

Senate
n. Exclusive club; entry fee million to million.

simplifiy
v. To cut the taxes of Republican donors.

staying the course
interj. Slang. Saying and doing the same stupid thing over and over, regardless of the result.
voter fraud
n. A significant minority turnout.

Wal-Mart
n. The nation-state, future tense.

water
n. Arsenic storage device.

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How high can the national debt go before we’re bankrupt?

Technorati Tags: national debt