I need so much help

Date: Sat, 02/10/2007 - 14:44

Submitted by anonymous
on Sat, 02/10/2007 - 14:44

Posts: 202330 Credits: [Donate]

Total Replies: 3

I started a new business 4 months ago with no woring capital. Since then I have incurred so much personal debt due to my husband's paycheck going to the business. My credit score has plummeted and I can't pay my bills. ts the first time in 6 years I have been late on a mortgage payment.
I am planning on closing the business, but what can i do to improve my credit since paying off my debt is impossible right now?
Thanks! :roll:

I would suggest getting in touch with a debt consolidation serv

I would suggest getting in touch with a debt consolidation service immediately. Do your research and make sure they have good reviews as there are some scam artists out there.

lrhall41

Submitted by cajunbulldog on Sat, 02/10/2007 - 15:32

( Posts: 4850 | Credits: )

There are various debt management programs to tailor according t

There are various debt management programs to tailor according to your present financial condition. Put the debts with higher balance in the settlement plan. You will have a lower pay off. Consolidate the debts with the smaller balance. The repayment plan will be made affordable for you. Most interests and fees will be waived off reducing the total balance.

http://www.debtconsolidationcare.com/debt-solution.html

If none of the plan looks helpful in your situation, maybe, you should consider bankruptcy. Chapter 13 will be a better choice in comparison to chapter 7.

lrhall41

Submitted by Bony on Sat, 02/10/2007 - 15:45

( Posts: 287 | Credits: )

debt

Leslie, I would suggest to take the call that you will be getting from a debt counselor. Its FREE and it never hurts to be informed. These people are trained in debt issues and hopefully can be of assistance to you. Best Wishes KYSIDE38

lrhall41

Submitted by KYSIDE38 on Sat, 02/10/2007 - 16:35

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