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What should be the maximum amount I can pay off with professional help?

Submitted by Dory on Sun, 07/23/2017 - 22:23

My friend is having $40,000 in credit card debt. What maximum amount can be paid with professional help?

Yes, it will depend on your financial situation how much debt you can comfortably repay. However, $40,000 you can pay off with professional help if you have a steady income.

Submitted by Good Nelly on Tue, 07/25/2017 - 06:11

Good Nelly

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That's a big amount. Who is the creditor? Usually, settlement companies are able to reduce your debt amount by 50% - 60%. Some creditors also agree to slash debt amount by 40%.

Submitted by SC on Wed, 07/26/2017 - 22:57


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