Does anyone know if Debt Elimination programs really work without bankruptcy?
Does anyone know if Debt Elimination programs really work without bankruptcy?
I filled out an online application for information about getting rid of debt, and I've heard that you can legally eliminate your debt?? I've know that Settlement is a good option, but not sure about Elimination. Anyone know?
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January 27, 2010 - 9:21 am
If you have financial problems, I would suggest to go explain your situation to the people you owe first. Most lenders understand if you are truthful with them and will help you.. The can lower your rate, extend your term etc.. to prevent you from taking bankruptcy.. From their stand point something is better than nothing. If you go to the lenders and try to work things out and do not succeed, then bankruptcy may be in order.. just depends on your situation..If its not helping out try consult a good consulting for a better information.