December 16, 2008

More debt than income qualify for debt reduction service?

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Comments on More debt than income qualify for debt reduction service?

December 18, 2008

myraxellenxamos @ 12:05 am

Im pretty sure to qualify for any service you have to have more than $5,000 in debt.

craftgirl_2005 @ 12:10 pm

My, cousin just filed for bankruptcy,I found out that you do pay them back-eventually. She pays 50..00 a month (what her lawyer fiqured she could afford,) it`s put into a trust fund, when it gets big enough they contact a credit card & offer them an amount to pay in full.Sounds a lot like those dept reduction services, it `s not supposed to hurt her credit history eighter.I would really investigate both angles.I personally wonder who I would trust with my money more-a lawyer or service. She also keeps her house & car, but cannot sell them.

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