Saturday, January 2nd, 2010

Consolidate debt?

consolidate debt
imissrascal asked:


Can you consolidate debt if some credit cards are already in collections and if one is wanting to sue you? Does anyone know of a good company that can help me? Also a bad credit score should not matter right? Thank you!

This entry was posted on Saturday, January 2nd, 2010 at 12:00 am and is filed under Debt Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses to “Consolidate debt?”

BMW BFD Says:
January 2nd, 2010 at 9:13 am

Probably only a loan would work at this point. If they are wanting to sue you, how do you know? Have they sent someone to your door and handed you paperwork?

Steve D Says:
January 4th, 2010 at 1:41 pm

I think you should try one of the non-profit credit counseling agencies. They can negotiate with your creditors on your behalf, and they won’t charge you a fee. See Sources for a page that lists a couple of good agencies.

pokerplayer528 Says:
January 5th, 2010 at 1:37 pm

The following site has a lot of good information on debt consolidation and a free consolidation quote feature

Jason Says:
January 6th, 2010 at 12:19 pm

Yes moneymanagement.org can probely help you out they helped us

Tony NY 77 Says:
January 9th, 2010 at 11:28 pm

Jessica … You had better be very, VERY careful. There are many companies out there who pawn themselves off as credit counselors that can fix bad credit, erase debt, and things like that. They almost make it seem as though they’ll be able to fix ALL your problems, but for a small fee, that is.

Some have been known to go through the motions of doing a debt consolidation and they claim to have contacted your creditors to strike a deal that would be favorable to you. Then they say, just send a consolidated monthly payment to us and we’ll take care of the rest. BALONEY!

Try the Better Business Bureau web site at . See the link for “Locate a Bureau” and contact them about finding a REPUTABLE financial assistance/advice organization. There are MANY resources out there; some are free.

Good luck.

CALIFORNIA GOLD Says:
January 11th, 2010 at 1:46 am

If you are a homeowner, check out:

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