Credit Debt Relief Finally
Laughing at me. That is what my friends were doing about what I said. I told them I get relief from credit card debt to climb out of the hole I dug for myself. Medical bills to pay for my wife’s treatments maxed out the cards. We also had to pay a bunch of our living expenses to make up for the income lost from being away from work to care for you. You have to go to work to get paid.
After reading a book that I downloaded from the Internet though, I realized that the credit card companies might have a hard time collecting from me. I owned a house, a couple of cars, and a few other things that they could not take away from me even if they got a judgment.
With payments of several thousand dollars a month in credit payments to the companies, there had to be another way. Bankruptcy would always be an option to get a discharge if nothing else worked. By using the checklist provided, there was a course of action to either pay lump sum or make payments to resolve the debt.
No more payments on the cards. The calls started from the creditors threatening me over the phone. After a written notice, they had to stop calling. I told them not to call. The debt either had to be settled or bankruptcy would be the next step. I had been paying so much on cards that before six months was up, I had funds to negotiate settlements with most of the cards. The discount was very significant. The requirement was that the debt had to be reported to the credit agencies as “paid as agreed”.
The day finally came that the debt had been completely settled. The freedom feeling was awesome. You can seize this opportunity to resolve your situation too.