Internet's first get-out-of-debt community - 134,000 members

100% DEBT · Posted: Sun Nov 04, 2007 6:21 pm Subject: Lower payments please!!

How can I get out of this.

credit card I owe $25,000 and interst rate of 21%
another credit card I owe almost $35,000 rate of 18%
my home I owe $780,000 and I am on time on my payments but no equity
my mercedes payment is $800 amonth and I cant trade it in due to negative value
my H2 payment for my husband is $1200/month
our vacation cabin in vermont is $900 a month and I cant sell it.

how can I lower some of my payments? I dont want to ruin my credit.

Posted: Sun Nov 04, 2007 6:31 pm Subject:

Is this real, or is guest mocking the site? If this is a real situation, you may be able to stick your credit cards into a debt consolidation. But everything else is secured debt, and those creditors most likely will not budge on the payment amount.

Maybe try trading in the Mercedes and H2 for a used Taurus and Blazer.

100% DEBT · Posted: Sun Nov 04, 2007 6:34 pm Subject:

I am not mocking the site. THe real estate market has not been good to me so no, this is a real issue for me thank you very much!

I am upside down on the cars.

any advice or will someone think I am mocking this site? I decided to post here after seeing all of the help that others have gotten. Everyone here seems helpful.

Posted: Sun Nov 04, 2007 6:41 pm Subject: reply

No one is not going to give you advice, 100% debt! We are here to help! With all of the debt you have, have you considered calling the debtcc telephone number for a free consultation? You can tell them your information and they can point you in the direction that would be the best for you in your situation. The phone number is 1-800-601-1579. Give it a shot. They should be able to offer alternatives or suggestions for your situation. Very Happy

Posted: Sun Nov 04, 2007 7:06 pm Subject:

100%Debt...cannr is right what you are dealing with is massive debt that most of us here are not able to advise on, but it is best to contact a debt counselor to see how to best handle your personal situation.
Everyone here is very very helpful in everyway possible, but your situation is extreme debt and something i know i could not advise on other than contacting a debt counselor.
I know you were not mocking the site, just seeking honest help Smile

Cannr gave you the number for debtcc and they are wonderful, and can point you in the right direction.
I hope and pray that all turns out well for you as I understand the stress of debt, although not as intense as what you are dealing with .
Chin up

100% DEBT · Posted: Sun Nov 04, 2007 7:15 pm Subject:

i2bcsi i appreciate that. many of my friends are also in serious debt. I am a real estate agent and my income has dropped a lot. I used to be able to pay these bills with no problem. I am angry at my situation and I am just another person in a lot of debt.

Posted: Sun Nov 04, 2007 7:23 pm Subject:

100%Debt...we have all been there and struggled ..I know it is very hard to deal with no matter what kind of income you have. Debt is stressful and hard on not just yourself but family as well.
And sadly enough the creditors do not look at us as real people struggling, but as dollar signs they want to collect Sad

Trust me my friend (if i may) call the debtcc, talk to them pour your heart out! They understand you are a person and not a money sign. Take a deep breath, and then a big plunge into excepting help Smile

(which is not always easy) with a bit of time all things will start to fall into place and soon you will feel the weight shift off your shoulders Smile

chin up

Posted: Sun Nov 04, 2007 7:33 pm Subject:

I am sorry. Please understand sometimes we have people coming to this site with the sole purpose of mocking its members. At first glance, your situation seemed too far-fetched to believe.

You have a lot more debt than any of us here. You should register for a free consultation and let an experienced advisor discuss this with you.

100% DEBT · Posted: Sun Nov 04, 2007 7:51 pm Subject:

It does seem far fetched, I know. no worries. Is embarrasing.

Posted: Sun Nov 04, 2007 8:04 pm Subject:

I'm going to sound like a broken record...call the number for a free consultation. I called them in a panic one night & poured everything out to the counselor-he was so nice & understanding. He calmed me down and gave me advice! Call the number and they'll give you some advice & alternatives.

100% DEBT · Posted: Sun Nov 04, 2007 8:24 pm Subject:

I am going to call tomorrow. I've got some possible sales this month and i hope the come through. I need to make about 15k this month to get afloat. My power bill is out of control and hoping the electricity wont get turned off next week Sad

Posted: Sun Nov 04, 2007 8:36 pm Subject:

100%Debt please dont ever be embarrassed. Bad things happen to good people, and debt is something 98% of the population deals with. Like i said it does not matter the income it can happen to anyone. The first step is excepting help and getting things on track for yourself and your family! Don't kill yourself stressing and dont be embarressed to ask for help Smile

We have all been there and understand.
Blessings to you and yours

Posted: Mon Nov 05, 2007 6:49 am Subject:

Hi 100% debt

There is nothing to be embarrassed of. Its not always bad spending habits or careless mistakes that make people fall in debt, people get in debt due to genuine reasons. You dont have to be ashamed of anything... you have realized that you are in debt and now all you have to do is to to take appropriate measures to get out of it.

Take care
Nelly

100% DEBT · Posted: Mon Nov 05, 2007 11:25 am Subject:

darn it....got a door hanger from the power company today. Not sure how I am going to work this....ugh. My power bill is almost $3000 for the past few months I havent paid and not sure what to do.

Posted: Mon Nov 05, 2007 11:49 am Subject: reply

100%, contact the power company. 9 times out of 10 they will work out payments with you. They honestly DON'T want to turn your power off. Please call them and see how much you have to pay to keep it on and ask to make payments towards the rest of the balance.

Guest · Posted: Wed Nov 07, 2007 2:55 pm Subject:

Why is your power bill so high? Does your house use a lot of electricity? Air conditioning or heat or something?

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