Comments on: Negotiating With Your Creditors When You’re Past Due

By: Sharon

Sharon — Tue, 09 Mar 2010 00:01:18 +0000

My husband are divorcing, we have a business, that we are selling off assets to pay ccards, but i may be late on one, I was able to pay off the other. I cannot afford to pay this as i have my personal debt also,and jerk wont give a red cent. When i tried negotiating int rates, they flat out said no go figure Chase. Anyway i negotiated one personal card to zero percent but they froze the account, and closed as grantor, i also have 58M in student parent plus loans in which i deferred,I have never been late on any bills, yet did this hurt me by deferring and having cc negotiated and frozen? Im trying to sell eequipment to pay the debt but im getting denied as a co-signer on student loans, score 686. What can i do to increase this fast I want to keep my son in school. How many points can i increase immediately my score was in the 800 prior

By: michelle

michelle — Fri, 08 Jan 2010 16:07:11 +0000

I would like to know if I let my car be repoed but I have another car that I own.. Can they take the car I own to be used for payment on the repoed one? We are having some financial problems and I do not want to let me financed car go but this seems like the only solution.

By: Ana clara

Ana clara — Tue, 14 Jul 2009 02:00:30 +0000

Can my credor take me tyo court and put me on jail?my credit card is past due.I am sik and in divroce processes my husband take all the money form me,and i am paying rent after hi soldede ours house..If i pay my card i has no money to pay my rent and food.What i can do?

By: Don Parsley

Don Parsley — Sun, 05 Apr 2009 17:04:22 +0000

My son and his wife allowed themselves to get behind on Credit Card debt because he was laid off. Their total CC debt is around $20000. Of course, their credit rating has been damaged, but what happens if they cannot pay the minimums. Already they are being called (a lot) by collection agencies. We can help a little, but are on a fixed income. Can they consolidate this debt and if so, are the credit counseling companies reliable.

Thanks for any information.

By: Elizabeth

Elizabeth — Sun, 25 Jan 2009 06:06:04 +0000

I file chapter 7 bk in 2003 which has been discharged. I’ve manage to get myself into debt again and I just cant seem to make the minum payments anymore. Till now I’ve been on time with my payments and still makeing my payment. How can I negoatiate with the credit card company? to allow me to pay a certain amount a month that I can afford. Please advice? Thanks

By: jackie

jackie — Tue, 23 Dec 2008 00:22:37 +0000

I have about $15,000 in credit card deb. I have been paying the min payment requuired for the past couple of year. I pay interest rates of 9% to 20% on multiple cards. I just came into some money (enough that will allow me to pay off all of these balances) Should I just write a check for the balance or should I call and try to widdle the balance down? is this even possible? i dont want to just write a check for the balance if I can negotiate some how with them Thanks for your time