lee asked: I have about $7,000 in debt to 2 credit cards,both are maxed out but I came into enough money to take care of it,but I wonder if it would pay me to try and negotiate this debt down?

gogo790 asked: I have heard that it can be done as part of the settlement, I just haven’t had any luck finding any company that will negotiate the change in report status as part of the agreement. I am more concerned with my credit score right now. I am very close to qualifying for a [...]

Skinny Blonde asked: I have numerous debts owed to several different creditors from 4 years ago. Today is the day I am going to contact two of the creditors to discuss paying my debt owed (I am on my way to becoming debt free and rebuilding my credit!) Is there anything I could say or [...]

i am in trouble asked: I really wanted to negotiate my debt with collector. Before it went over to the collector, the bank offered me 5000(which was about 55% of total 9000 debt). I wish i could have paid back then but i could not afford at all. Now the collector said it is about [...]

ronny k asked: I want to negotiate directly with the banks, not those debt-consolidators. What kind of forgiveness if any can i expect to receive?

bikeguy asked: I have about $18000 in credit card debt. I always make my payments on time and i am in good standing with the companies. Although I am finding it hard to reduce the balance, I really just keep up with the interest. I am going to be coming into a lump sum of [...]

baracusbear asked: I want to know if anybody has used Credit Answers or Debt Solutions before. We are looking to see if we can settle some of our debts to a smaller amount and into one payment per month? Any suggestions would be great!

Doctor Config asked: I want to pay off a debt. And negotiate a lower payment. However, I been told that the difference can be charged back to me on a 1099 as additional income. Is this true?

rafastella asked: My business has not been doing good, so Im behind on the taxes. What would anyone suggest a way to negotite the debt so the penalties dont keep stacking up?

fenyfan asked: ? Negotiate with the creditors to reduce the debt that you own initially so you aren’t taking such a HUGE loan with them? Can any company function in this way to help the consumer?