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Send message to stacystiles
Sub: #1 BK friendly debt consolidation companies?
Replied on 10-22-2007, 05:31 PM
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Any BK friendly debt consolidation companies out there?

Thanks!



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Send message to volleyballmom
Sub: #2
Replied on 10-22-2007, 08:59 PM
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Hi there and welcome...

Do you mean bankruptcy friendly?

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Send message to stacystiles
Sub: #3
Replied on 10-23-2007, 06:26 AM
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yes!



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Sub: #4
Replied on 10-23-2007, 07:54 AM
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Okay...when you say debt consolidation, you are looking for a loan or a debt management program?


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Sub: #5
Replied on 10-23-2007, 08:04 AM
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Welcome to the Forums Stacy How long has it been since you filed bankruptcy?

If you can give a little more info=we can put you in the right direction-such as what type of debt, etc..karen

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Sub: #6
Replied on 10-24-2007, 10:15 AM
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hello!

volleyballmom - I am referring to debt consolidation loan, not a debt management program

Bossy4455 - My BK was discharged in January 2005.

Relatively speaking, I have minimal debt. I do have a car payment and such. But my issues are with my credit card debt. These companies really have figured out a way to pull one over (or at least try) with those trying to rebuild their credit. There are monthly maintenance fees, ridiculous interest rates, huge annual fees, etc. I do not have a card that I can do a balance transfer with, nor would I be approved for one.

Anyway, it would be great if these cards could be combined with one payment and interest lower than something like 28-30%! This is getting super stressful....

Thanks!

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Send message to debtqueen
Sub: #7 Other options?
Replied on 10-30-2007, 02:14 PM
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Credit card companies have figured out how to keep consumers in debt for many, many years. Have you looked into debt settlement as well as a debt consolidation loan? The latter could easily allow you to pay off your credit cards however most people are back in the same position in about 2 years. Debt settlement negotiates with the credit card companies to reduce the total amount owed, ultimately saving you quite a bit.




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