Have a couple of questions...
Date: Sun, 11/28/2010 - 15:19
Second, I have about 40K in loans and credit card debt. I am current on 3 loans from my credit union, and am current on both car loans. I have received 3 letters from creditors at law firms, Anthony H. Rodriques, Frederick J. Hanna, and one more I just recieved.
I sent the first 2 the debt validation letters and will send the 3rd this week.
This is what I was wondering. I will show up in court if necessary to avoid a judgement against me. I just don't know how I can pay them though. I've spoken with some creditors and they are willing to settle, but I just don't have any income left after paying my bills to send them anything.
I mean I can't even send them anything. As a matter of fact I barely have enough left over from each paycheck to last a week or so.
I hate to file bankruptcy, but I may have to. I don't know if I should tell these people calling that I have no extra money. Would it do any good?
If I were you I would get a good debt counselor. You can actuall
If I were you I would get a good debt counselor. You can actually get a free consultation right here on this site if you look for the link. There is also a ranking chart above. The pretty girl talking in the video to the right will tell you how it all works. Her name is Polly. Keep posting questions here in the forum also. I am sorry no one replied to you when you first posted here but it can be hit or miss especially during off hours. Good luck with Fred Hanna. They are really bad news. You may need to get an attorney to fight them.
I feel that you should go for credit counseling. You can attend
I feel that you should go for credit counseling. You can attend a free session with the credit counselor. He may be able to help you pay off the debt through effective money management technique and budgeting. If you are still not able to solve your debt problems, then you should get professional help. The debt relief companies will help you to get out of debt. However, you'll have to find out ways to gather some money, otherwise it will be very difficult for you to get rid of debt.
I've heard such horror stories regarding debt consolidation comp
I've heard such horror stories regarding debt consolidation companies. I'm still waiting to hear from Chase regarding my loan mod, it's now with the underwriter. If I could get thatdebt just added on to my original loan I think I could handle the rest.