Credit card debt consolidation company. Who is legitimate?
I ran out of cash meeting uninsured broken arm surgury, then started using credit cards. Did the low rate transfers and all that stuff. Now back to work, but could not make payments last few months. Hounded by their phone calls all the time. Have not answered their calls. But I am now working again and can start making payments. I am ready to contact the credit card companys. Before I do, I would welcome any advise (or benefactors, Ha,Ha). Really, by rough calculations I owe about ,000.
As an after thought, I am aware there were changes in the bankruptcy laws but do not know the specifics. Is bankruptcy a excellent option. Basically I have zero assets, no real property.
In closing, who is a reputable debt consolidation company, is bankruptcy a viable alternative, or is their an an alternative I do not know of? Thank you for your advise.
P.S.
Spend for a non-slip pad for your bathtub. Money well spent !
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Tags: assets, bankruptcy laws, bathtub, benefactors, broken arm, credit card companys, Credit Cards, debt consolidation company, money, rough calculations, specifics, using credit cardsTags: assets, bankruptcy laws, bathtub, benefactors, broken arm, credit card companys, debt consolidation company, money, rough calculations, specifics, using credit cards
http://www.debtadvice.org/ has an online lookup for legitimate credit counselors. Look for an organization that will look at your situation in detail, instead of producing a cookie-cutter plot.
The new bankruptcy laws have made it more hard to qualify for Chapter 7, or the kind that releases you from all of your debts. Here's an article with more details: http://www.nolo.com/article.cfm/objectId/B0B66870-4C52-4303-919B10B9611D3EF9/213/161/176/ART/ A bankruptcy stays on your credit reports for seven years, so it should be your last resort. See what a credit counselor says first.
Excellent luck!
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