sam asked:


I am going to let my house in California foreclose. I have about $28,000.00 in credit card debt. Should I file for bankruptcy? Should I just not pay my credit cards? Or should I continue to pay my credit cards? Is there a certain dollar amount of income you are allowed to make to be able to file for bankruptcy?

Sophia Galen asked:


I have 3 different credit cards that now have over 20% interest rates because I was late on one payment. I have heard that Christian debt consolidation might be a better option than regular, but I want to make sure I select a company that is reputable.

Jeff asked:


I have 3 different credit cards that now have over 20% interest rates because I was late on one payment. I have heard that Christian debt consolidation might be a better option than regular, but I want to make sure I select a company that is reputable.

MiC asked:


I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?

mike asked:


i am having a very difficult time paying down the balances that I owe on my credit cards. I’ve tried calling them up myself and negotiating the interest rate, but they refuse to lower it. I can barely afford the minimum payments and just want to be done with this. I don’t want to file for bankruptcy, I’m just looking for other methods of helping me eliminate this debt that I carry. Any help would be greatly appreciated!

MbW asked:


I am looking to settle my credit cards for less than what I owe and was interested in getting a company to do this for me. I am not interested in credit counseling- I’ve tried it before and just need to get this debt paid off.

Kathy S asked:

Im Looking at a lot of credit card debt and its beginning to become to much for me. What services if any are the best to use when looking to consolidate? Fyi im have about 7 different credit cards with some substancial amounts on them!!Help Please!

Eddie H asked:

Is debt settlement an acceptable stratergy, eventhough doing so will ruin my credit? I have more debt than I will ever live to pay off, making minimum payments, although I am current with all of my accounts (credit cards)? I have a 65% debt to income ratio, with a cash flow problem which will eventually destroy me financially.

ikeasks asked:

I am trying to help someone who has aboout $10,000 in credit card debt, spread over 6 cards, get things turned around. Is there anyone who knows the options they have and which processes are the best. Any help is greatly appreciated.

mscollegeteacher asked:

Are there less risky unsecured financing options for those with good credit outside local banks who want secured credit? We want to pay off debt at lower interest than credit cards currenly held. Any options out there besides all the scary ones?