Does anyone know of a legitimate debt management/consolidation company?
Saturday, January 9th, 2010 at
4:59 pm
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Tagged with: bankruptcy • Consolidation Company • Credit Consolidation • Credit Counseling Center • Credit Debt • Debt Consolidation • debt management • Good Company • Legitimate Debt • Rest Of My Life
Filed under: Money Saving Tips
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The first thing I would try to do is talk to your creditors yourself and see if you can reduce how much you owe. Some allow you to reduce it by 40%.
Clarify to them that you want to repay the debt but can’t afford to pay all of that. You have to tell them that you are very close to filling for bankruptcy. If they sense that you are really close to defaulting on debt, then they may work something out since it’s better than nothing. The most valuable thing is to get everything in writing! Don’t just take their word for it.
If it doesn’t work out with debt consolidation, you can try calling up a debt settlement company, advantage debt settlement 1-866-925-0991. Question for Bradley or Brian.