I need some feedback on Superior Debt Relief
Date: Thu, 06/22/2006 - 15:17
I met today with Greenpath to discuss debt consolidation. I have around $20,000 in unsecured debt and am no longer able to make the minimum payments, which are around $800 a month. The deal they offered is $155 to open the account, a $50 a month service fee, and monthly payments of $530 for 49 months. So that's $580 a month, a savings of $220 and the debts will be paid off in just over four years, so I guess that's not too bad a deal. But it's going to be a stretch to make that payment, I'd like to get a lower payment plan if possible.
Could someone PM me with the T & C contact info? I'd like to consult with them and see if they can offer me a lower monthly payment.
Also, I had a chapter 7 back in 2000, so I don't qualify for ban
Also, I had a chapter 7 back in 2000, so I don't qualify for bankruptcy under 7 or 13. I'm concerned this would limit the bargaining power of a debt settlement company since the credit card companies will know that there is no threat of bankruptcy.
Take some free quotes from a debt consolidation company and do a
Take some free quotes from a debt consolidation company and do a thorough comparison. I might feel settlement program to be a good relief looking at the total debt of $20K. Although you have filed for bankruptcy in the past, it won't matter much if you are regular in your monthly payments and the accounts are shown as paid. Those viewing your file in the future will like to assess if you have any unpaid accounts. This is to find out if you are any risk to their finance in the future. It is your credit and you will have to pick the most convenient plan. Talking about Superior debt relief, I know someone working with SDR and he has a good impression about them. Besides, there is also a thread posted here.
http://www.debtconsolidationcare.com/forums/about11282.html
