$6000 Credit Card Balance Want to Settle

Subscribe To This Site

$6000 Credit Card Balance Want to Settle

by Mike
(AZ)

Divorced July 2009

Total debts as of October 2010
$5,000.00 credit card Home Depot Stopped payments
$1,000.00 credit card Lowe's Stopped payments
$4,200.00 credit card Chase payments current
$14,000.00 promissory to Ex-Wife payments current

Did a Short Sale Primary residence September 2010
NOW HAVE VERY BAD CREDIT
1st Mortgage $865,000.00 Deed released
2nd Mortgage $233,000.00 Deed released
3rd Mortgage $100,000.00 Deed released

Want to pay off Home Depot and Lowe's .40 cents on the dollar then close account. I can show income to prove that I cant make the payments.
How can I do this?

Comments for
$6000 Credit Card Balance Want to Settle

Click here to add your own comments

Nov 01, 2010

settling your credit card debt
by: Mary

It sounds like what you want to do is settle your debts. For some basic background information on how settlement works, I suggest that you listen to our debt settlement podcast in which I interviewed Michael Bovee, the president of Consumer Recovery Network (CRN), a fair and ethical settlement firm.

You can also pose this question to the CRN on their debt settlement Q&A page. Since CRN helps consumers settle debt every day, they should be a good resource to answer your debt settlement question.

Good luck. We hope you are able to find a way to put this behind you.

Click here to add your own comments

Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2011 by Mary Reed and Gerri Detweiler.
All rights reserved.

SBI!

We are honored to be featured as a Best Money Site!

$6000 Credit Card Balance Want to Settle

Comments for $6000 Credit Card Balance Want to Settle

Comments for
$6000 Credit Card Balance Want to Settle