Strong asked:


I have been struggling with credit card debt for a long while, it just seems to be getting worse and worse. i really dread to look at my statement every month. Still, despite this I have decided to do something about it and try and find a workable solution to my problems.

I understand there are debt relief companies, but should I be wary of them, what are they really like to work with?
Any other solutions?

Thanks.

Janet teague asked:


I am looking for an organization around the St Louis area that can help me out with my bills, I am really struggling…

Holly asked:


I have high debts on my credit card, the interest rate is currently 12% and I have monthly payments of $475, I have been building this up for almost 20 years and it has just gone crazy.

Anyway I still have a decent credit score about 770 last time I checked, so i don’t really want to ruin this by declaring bankruptcy. So is there another way to do it?

I know you can get medical bills down, I was wondering if I could get my payments down to say $50 a month, that would really be great. If it makes any difference, I am disabled and receive SSDI, so there could be something the government run? Thanks for all suggestions.

Some additional points, I don’t have any real assets, car, house etc, and if I get sued could this have a knock on effect on my SSDI check?

nawafa1 asked:


I was looking at their website, apparently they can turn around your credit score although it costs nearly $5k, anyone have any experience?

cory asked:


I am thinking of filing for bankruptcy. Can creditors touch the equity I have in my home? What assets can they cease?

PipenB asked:


What are the pros and cons of personal bankruptcy? What would I need to do and what other options do I have. I have about 20k in credit card debt with 5 different cards that I basically haven’t paid in almost a year. I also have about 10k in student loans and a car loan of about 8k. What should I do? Who should I talk to?

Sarah B asked:


my business and business partner? Is it a totally separate issue from my business? And is there a need to tell my business partner that I’m filing for personal bankruptcy?

scottydogchiro asked:


By filing personal bankruptcy (chapter 7) including business credit card debts with personal guarentees; do I also have to file for business chapter 11 bankruptcy because of these same credit cards or will the pesonal filing take care of them without involving my business?

rykookyr asked:


My business closed and I am basically forced into filing personal bankruptcy. If I die before I get the final discharge from the court can the bank claim part of the life insurance instead of my wife getting it all? My questions boils down to, do I need some extra insurance until the bankruptcy is final later this year?

Kevin G asked:


If the US treasury begins to hold our debt and not banks or financial institutions, will that make it easier to declare bankruptcy?