Archive for the ‘Ask a Question’ Category

How Much Does Bankruptcy Counseling Cost?

Posted on: August 25th, 2010 by Kenneth Long No Comments

(Alexander from Pennsylvania) What is an approximate fee to take a credit counseling course as a requirement to file for bankruptcy? (more…)

I Cannot Make Minimum Payments Due to Job Loss

Posted on: August 24th, 2010 by Kenneth Long 4 Comments

(Yvonne from North Carolina) my husband and i have about $15,000 in credit card debt. i lost my job & his hours have been cut so much so that we cannot make even the min. payments. interest rates & finance charges are outrageous.  HELP, What do we do ? (more…)

I Changed My Mind on Debt Settlement–How Can I Cancel?

Posted on: June 29th, 2010 by Kenneth Long 6 Comments

(Rolf from Florida) Today I signed a debt settlement agreement on the internet, THEN read about the pitfalls. How can I get out of the agreement before any payments are autmatically withdrawn? (more…)

Will the 7 Year Time Limit Start Over After Paying Old Debt?

Posted on: May 3rd, 2010 by Kenneth Long 1 Comment

(Tomi from Texas) I have paid off all creditors, original and collection agencies, based on info on all 3 credit bureaus. Will the 7 year time limit start all over again now that I have paid in full all my bad debt? (more…)

Sued By Creditor While on Debt Settlement Plan

Posted on: March 22nd, 2010 by Kenneth Long 2 Comments

(Isma from Texas) last year i entered an agreement with ghs solutions. i am being sued by citi bank. i have come up with the money that citi bank will settle with. How do i go about doing away with ghs solutions and if i do that will i lose the money that has already been in the account which is 660.00. (more…)

Who Provides Settlement Loans?

Posted on: March 18th, 2010 by Kenneth Long 1 Comment

(George from Indiana) Do most banks and credit unions front negotiated settlement pay offs with a substantial down payment or are they not looking to attract this kind of business? In other words are the ones that will do a settlement loan hard to find? (more…)

How Can I See My Credit Report If I Do Not Have a Credit Card?

Posted on: September 28th, 2009 by Kenneth Long 5 Comments

(Michael from Texas) How can I see my credit report if I do not have a credit card? (more…)

Since I Settled My Own Debt, Can I Get My Debt Settlement Company Fees Back?

Posted on: August 30th, 2009 by Kenneth Long 3 Comments

(Ruth from Maryland) I signed up with a debt settlement company in Jan 2009. I have settled 90% of my debt myself and want to get back my $11,000 from the company.Do I have any legal recourse? I am 65 years old and this is the first time this has happened in my family. (more…)

Do Lenders See a Different Version of Your Credit Score?

Posted on: August 17th, 2009 by Kenneth Long No Comments

(Juan from New Jersey) Does your credit score get rated differently when buying a car verse a what you might see on the internet? (more…)

Does Foreclosure Ruin My Credit If I’m On the Deed?

Posted on: August 14th, 2009 by Kenneth Long No Comments

(Miryam from Florida) im married my husband has a mtg that behind im only on the deed not on the note. can this ruin my creditm if he get foreclosed? should i take my name off the deed?does the bank report it to the credit beruau or the court? thanks (more…)

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