Debt settlement companies

Submitted by devildoge9 on Thu, 08/27/2009 - 01:59
Forums

I have approximately $80,000 in credit card debt. Divorce killing me, mortgage 7 months arrears, house empty, lost job, got new one at fraction of income.

Advice?

Anyone know if any of these settlement companies are legit?

Thanks in advance.

Hi devildoge9

There are many legitimate settlement companies. You may check with the Better Business Bureaus to find out how a company is performing, if there are any complaints against them.

Besides this, you may seek help from your creditors and get in to a loan settlement. Do you think you can pay off the loan bit by bit if your creditor would agree to a loan modification system? If so, then approach your creditor for help.

Thu, 08/27/2009 - 10:08 Permalink