I've heard, so far, that you should always communicate with your creditors on a monthly basis, while you purposely fall behind and not make your payments. I still don't understand what I am supposed to tell them when they do call, especially, when I have no income whatsoever and cannot pay them? What options do the unemployed have in this situation? The assumption has been that everyone is employed. Not in today's world.

hi everyone my name is william but you can call me bill. i'm from texas, i hope to find a lot of texans here :)

I want to pay off my college loans with another loan how can I do that

BOA has offered me a settlement of 30% over 93 days. i'm not 100% sure we can me up with all those funds within that time frame. when i voiced that concern she transferred me to the recovery department who couldn't give me exact specifics since my account wasn't to them yet, but said that they can do payments over a longer time frame or (i think this was what he said) do payment plan like 1% of total. has anyone ever worked with them and what options did you have at that time?

I believe I have buried myself in credit card debt yet again. We are $7700 in debt. I have a huge deficit in my checking account. We have a family vacation planned for Saturday. I am sooooooo in a bad way right now. I'll take any and all donations for points. UGH! Why do I do this to myself? Why didn't I listen to my father (RIP :( ) when he said, "Don't live beyond your means?"

What am I going to do? I have a huge deficit in my checkbook!!!:(

I have read through some posts on this forum and it appears there are a lot of knowledgeable and helpful people here, which is great cause I have lots of problems (debt), and would really appreciate the help. So I went to what many people consider a good school. It was out of state, private. I think my parents just wanted the best for me and although they couldn't pay for my schooling they took out a bunch of loans in my name in hopes that I would be able to pay for it over time when I got out of school.

I have 4 credit cards, 2 from Chase, 1 from US Bank and 1 from Citi. My Chase cards I am 75 days late and I am unemployed. My question is if I want a settlement from Chase should I stop paying on all of my cards or not? I have been paying the minimum on the other 2 cards but feel Chase might come to me and ask why I am able to pay those cards but not them. Any suggestions would be appreciated.

I set up a payment arrangement with Lieberman Hunt Associates for a payday loan from around 04-06 and i'm wondering if im unable to pay back can they really take me to court since i already paid $300 on it and this is the first i heard of it since i took it out? please help me. since its so long ago is there a staue of limitations in texas for sueing for a debt

I'm up to my neck in credit card debt,and loans.Is it a good idea to accept a debt consolidation plan were this co. will cut by 60%