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debt settlement

Date: Sat, 09/13/2008 - 11:32

Submitted by anonymous
on Sat, 09/13/2008 - 11:32

Posts: 202330 Credits: [Donate]

Total Replies: 1


I'm considering the debt settlement option to solve credit card problems. I owe $17,000. How much should I expect to pay a debt negotiating firm, and how much of the 17 grand should I expect to pay? Thanks. Bob


Bob - from what I've heard, typically the fees and settlement amounts come out to about 55% of the balance. The problem many people encounter is that they need time to save up the money and during those months they end up paying the settlement company their monthly fees. (I don't know what those are.)

Try reading the DIY section above and see if it's something you feel you can handle yourself.


lrhall41

Submitted by desperatelyseekingsanity on Sat, 09/13/2008 - 11:37

( Posts: 1129 | Credits: )