Lesson in life -trying to move forward
Date: Tue, 03/09/2010 - 09:58
Maybe this is fruitless but it's our last hope. We're a retired couple who turned 80 last year. Maybe it's also too little too late but we'd like to at least enjoy our remaining retirement years debt free. We currently owe $100K in credit card debts and don't own anything. We don't qualify for Chapt 7 & 13. We decided that if we continue to do nothing things won't be any better. Please advise us if consolidation, credit counseling, debt settlement hardship program, or something else would be best for our situation or drastically reduce the debt. Is there any organization or company that won't charge any fees? With our advance age and debt, we're concern that if something happens we don't have anything to cover emergency costs. Our world has turned upside down and nobody but us to blame. We also don't want to burdened anyone. We truly hope to at least enjoy the fruits of our labor no matter how simple it will be. If anything else, we hope this is a lesson learned for others. Thank you in advance for any advise/references.
Hi there, have you thought about going to a Non for profit Consu
Hi there, have you thought about going to a Non for profit Consumer Credit Counseling Service? There should be one somewhere in your area, you can try googling it.
Why wouldn't you qualify for ch 7? If you have a steady retireme
Why wouldn't you qualify for ch 7? If you have a steady retirement income, you may also qualify for ch 13.
Since we aren't aware of your financial condition, it's difficult for us to comment on your options. However, if credit score isn't your major concern right now, you may consider settling your debt. There are non-profit organisations who might work against no fees or nominal fees.
