Debt Negotiation Advice
What is the best program for consolidating or debt settlement?
I need to consolidate my debts, either by getting a loan (unlikely with my credit) or through a settlement company. I want to use a good one, though, so does anyone have any recommendations? I could easily file bankruptcy with my income and lack of assets, but I would rather pay off the debts. Some of the collections are hostile, now, though, because I have so many different ones after me that I can't possibly make my payments each month to each of them. This all stems from two hospital trips earlier this year. I don't even own a credit card, so I'm not financially irresponsible. Just poor and uninsured. Any reccomendations would be very much appreciated!
Public Comments
- first thing I would do is write a letter DEMANDING that all phone calls cease or you will take them to court. They will stop calling and will only be able to contact you through mail. Before contacting a debt consolidation company, I would wait until I had some cash to pay off a collection, one at a time, and I would ALWAYS work out a deal with them. You can tell them to take their interest charges and go straight to you-know-where. You will be amazed as to how they'll ngotiate with you. Above all, don't get stressed out over money. I for one am in favor of the citizen, and not the greedy corporations. They can all wait for their money until you're good and ready.
