Posts: 10
Credits: 243


Send message to t160out
Sub: #1 Is a 3yr Debt Settlement plan even realistic?
Replied on 11-21-2008, 01:06 PM
Reply With Quote

thoughts anyone?




Posts: 12,166
Credits: 109,374


Send message to SOAPLADY
Sub: #2
Replied on 11-21-2008, 01:10 PM
Reply With Quote

It all depends on how much you owe and who you owe too! Without any other facts or figures it is hard to say whether it will work for every one....but for a lot it does!!

Posts: 10
Credits: 243


Send message to t160out
Sub: #3
Replied on 11-21-2008, 01:16 PM
Reply With Quote

80k ~ 10 creditors

Anonymous
Anonymous
Posts: n/a
Credits: 0
Sub: #4
Replied on 11-21-2008, 02:05 PM
Reply With Quote

With 10 creditors it looks promising. Small things can come into play though. Have you done any balance transfers recently, cash advances, how long have the cards been opened for. I mean if you just pulled 4000 dollars off a card with an 8K limit and just stopped making payments and tried to enroll it to settle. Some creditors might have a problem with that. Things like that might come into play.

Anonymous
Anonymous
Posts: n/a
Credits: 0
Sub: #5
Replied on 11-21-2008, 05:45 PM
Reply With Quote

I did with Preferred Financial Services. I will be done with a 17K CC may 2009!




«Previous Thread | Next Thread»
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -8. The time now is 12:30 AM.





About Us | Contact Us | Privacy Policy | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services
* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.058 seconds.