boxbeatle asked: We started a program with “Consumer Credit Counselors” This progarm has us pay the Consumer Credit Counselors, then they pay the credit cards every month. All they do is lower some of the interest rates. They don’t negotiate amount owed. The payments are too high for us, so we looked into other alternatives. [...]

Cuddly T asked: My friends husband died leaving her three kids and over $100,000.00 in credit card debt. She has been trying to pay but now is getting threatened with them taking her house. She make just a little over minimum wage on a part time basis and the depression is starting to drag her [...]

Jordan Wilson asked: I’m looking for an alternative to bankruptcy and wanted to see what my options are? I’ve looked into credit counseling and I don’t feel that is the right option for me. I wanted to know what other options are Available for me?

Jon asked: Has anyone out there gone to any of those companies that offer relief from credit card debt? And if so, what was your experience? I’ve already done some research and do know this much,, if you haven’t been out of work for at least a good year or more the banks won’t hold [...]

LMiserab asked: As I said, if the IMF & World Bank gave a debt relief for the third world, why not our Banks and creadit Co. gave credit Card debt relief (forgiveness) who are paying tax and excessive interest (from 14-21%). This of course, doesn’t include the late fee and the penality for not paying. [...]

wolff asked: Its about 20,000 in total.

desparz1 asked: Is there a government program or a good nonprofit that can assist with credit card settlements, consolidated loans, or other debt relief? I have a judgement against me from Capital One for $4200 and it is now at $5,100 because of the 27% interest rate!!! Can I get a loan at a lower [...]

V G asked: Which is better for credit card debt relief: American Financial Service (http://www.americanfinancialservice.org/) or Federal Debr Relief System (http://www.fdrs.org) ? Has anyone had any experience with any of them? Or is there a better one? Thanks.

daughter2009 asked: My mother is 76 years old. She lives on a fixed income of around $1,000.00 a month from social security. She supplements this income by working part time at two area businesses, but this income is both sporadic and mainly “pocket money.” She owns a five year old car and a home that [...]

oleegarza asked: How was the experience? Any pros and cons you would like to share?