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$70,000 in DEBT - HELP!

Date: Mon, 10/30/2006 - 23:01

Submitted by anonymous
on Mon, 10/30/2006 - 23:01

Posts: 202330 Credits: [Donate]

Total Replies: 1


Hello,

I have a question.

Lets say I owe $70,000 on 5-6 credit cards. There is not a chance that we will be able to pay this off. What is our best option? debt consolidation or debt settlement? Or something else entirely?

We are both working, good credit history, making 5-6k dollars per month.

Also, if you give any advice on what type of debt elimination to use, please list one or more possible companies to go through.

Thank you. Hello,

I have a question.

Lets say I owe $70,000 on 5-6 credit cards. There is not a chance that we will be able to pay this off. What is our best option? Debt Consolidation or Debt Settlement? Or something else entirely?

We are both working, good credit history, making 5-6k dollars per month.

Also, if you give any advice on what type of debt elimination to use, please list one or more possible companies to go through.

Thank you.