Debt Consolidation
Date: Tue, 02/17/2009 - 10:54
I have 20k in debt. Both secured and unsecured. I messed up pretty bad with a Motorcycle loan and a credit card.
The motorcycle is about to be repossesed and I owe on a Credit Card as well.
3 of the accounts I owe (part of the 20k) are in Good standing. The other 3 are not.
Any suggestions on places I can go to look for relieving this debt and working on getting it resolved?
CH in ATX
The motorcycle is about to be repossesed and I owe on a Credit Card as well.
3 of the accounts I owe (part of the 20k) are in Good standing. The other 3 are not.
Any suggestions on places I can go to look for relieving this debt and working on getting it resolved?
CH in ATX
negotiate your debts
Debt Consolidation is combining several debts or loans into one larger loan. Your payment term will usually be extended, but your payments and interest rate will be reduced, where as debt settlement or negotiation is a program for reducing consumer debt to the lowest level, typically with a low monthly payment, while avoiding bankruptcy. I took help of Freedom Debt Relief to settle all my debts and now I am debt free.
as much as a fan as i am of settlement, you wont be able to do t
as much as a fan as i am of settlement, you wont be able to do this with the bike. you may need to let it go if you want to go the settlement route.
