Settling Debt

by Leah
(Jefferson City, Mo)

We have settled all credit card judgments except one, in my husband's name. My husband and I are both on disability. The house is in my name and two cars are jointly owned. We have used most of our retirement savings to get to this point. We have been working with an attorney, but the advice now is to file bankruptcy. After all this work that sounds like bad advice. We never even considered it, preferring to pay the bills. Any advice?

Comments for Settling Debt

Click here to add your own comments

Mar 02, 2010
debt negotiation
by: Gerri


What kind of attorney have you been working with? How much is the amount of this debt? Have you tried to settle it? Do you know if you are judgment-proof?

A little more information will help me understand your options.

Click here to add your own comments

Return to Debt Collection Questions.

Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2018 by Mary Reed and Gerri Detweiler.
All rights reserved.

Disclosure: We may receive compensation for marketing some of the services mentioned on this site. Above all though, our goal is to recommend products and services we believe can help our readers. You can learn more here.