Debt Management Plan Not Working Need Advise
Date: Wed, 05/02/2012 - 05:03
I enrolled in a dmp last February. I have free housing at present so I have been paying almost all of my paycheck to the dmp. (I owe about $9000) At the current rate I will be in this plan for 2 more years. I need to move out into myu own place, but can't afford it. Is debt settlement an option for me? Or would I just have to walk away from my debts. I can get some low interest loan from a relative. The dmp company (CCCS) have not been very helpful in lowering my interest rates. Most I am paying 15.99%. One is at 23.99? They are very hard to reach and when I do they say they are overwhelmed with people being foreclosed on.
I have no assets except a car. Can somebody advise me? Is it possible for me to do it myself even tho i'm in this program? I don't know what to do.
I have no assets except a car. Can somebody advise me? Is it possible for me to do it myself even tho i'm in this program? I don't know what to do.
If you discontinue the DMP and stockpile your money, will you be
If you discontinue the DMP and stockpile your money, will you be able to save $4500ish in 3 to 4 months for settlement?