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Debtconsolidationcare.com - the USA consumer forum

Debt question.

Date: Tue, 02/07/2012 - 17:25

Submitted by simonsquest
on Tue, 02/07/2012 - 17:25

Posts: Credits: [Donate]

Total Replies: 9


So I am pretty much in $2000 worth of debt in unpaid bills. While that originally is not much, I have recently had hours cut at work and am unable to keep up with the bills as the late fees outpace me.

What are my options? I have no idea what to do.


Blankspace and debt ditcher....are you just copying info again? Why are you recommending debt management/relief? I dont know of any company that is going to accept someone with only $2k in debt...most require $5-10k in debt.

To the poster....start looking another job or a part time job. Talk to your creditors and see if they offer a hardship plan.


lrhall41

Submitted by SOAPLADY on Wed, 02/08/2012 - 06:37

( Posts: 17315 | Credits: )


Yes, you can surely consult a credit counsellor. A professional credit counsellor will offer you valuable guidelines to improve your situation. But, at the same time, you must also look for a more paying job.


lrhall41

Submitted by skyden.dredge on Wed, 03/14/2012 - 05:57

( Posts: 3 | Credits: )


everyone on this thread,but soaplady and the OP is a ^&*king idiot.2,000.00 can be paid/settled/negotiated by the OP themselves.geez.


lrhall41

Submitted by paulmergel on Thu, 03/15/2012 - 06:57

( Posts: 15514 | Credits: )


This is because Simonsquest has asked that he has no idea as to how he will repay his debts. This is what Simonsquest has written "What are my options? I have no idea what to do. " Thats why I have suggested him to take help from a debt settlement company to pay off his debts. Although he will have to pay some fees to the company for the services that the company provides him, he will be able to come out of his debt problems soon.:)


lrhall41

Submitted by kate.kelley12 on Fri, 03/16/2012 - 04:04

( Posts: 8 | Credits: )


Kate the problem with your suggestion is that the original poster does not owe enough to use a debt settlement company so it is NOT an option. With small amounts of debt there is no wiggle room for negotiation of settlements. With the fees charged by the company, the poster could end up paying more than what he originally owed. Most debt settlement/management programs requires in excess of $5000 of debt and a lot of companies require $10k.


lrhall41

Submitted by SOAPLADY on Fri, 03/16/2012 - 05:26

( Posts: 17315 | Credits: )