Dear clark, love your show. my 79 year old mother has 20,000. in credit card debt and cant pay....
ss pays her mortgage with 100.leftover. i am her son and help her out when needed. collections from cc debt has been turned over to an attorney that has a score of 'F' with the BBB. I have been to the nfcc on her behalf and they declined us. she does not have enough income. what are my options with this attorney? can you help me? her concerned son
What you need to do is look at all of your options and research them. It might be best to speak to someone who is familiar with all the relief options out there and who will take the time to explain each one of them in detail with you.
Be careful of who you speak to. There are quite a few companies out there that will try to pigeon hole you into what they offer even if it's not in your mother's best interest. Take the time to look at their BBB report like you did for the collection company. This is often a tell tail sign of the company.
But most of all be well informed and gather as much information before making your final decision as you can. Some companies will provide you will every thing you will need to do this. It is a company like that that I suggest you speak to.
I do have a few hubs that go over this and what to look for. You can start out by reading http://hubpages.com/hub/Do-you-need-a-l … t-nowadays There is a lot of helpful information contained there.
I wish you and your mother the best of luck.
by No Longer Fleeced 11 months ago
If my credit card company takes me to court will there be a jury?I stared with a $25,000 consolidation debt, now five years later it's only down to $20,000 yet I've already paid $34,000. I no longer want to pay these crooks.
by mafthfp 2 years ago
Is EZTrader not a scam?Can I work with EZTrader. I am not sure if I should work with them or not. Can anyone help me on this?
by Susan Reid 7 years ago
JP Morgan Chase is considering capping debit card transactions to $100 or even $50. It's all about fees they charge per transaction, currently $.44 and proposed to be slashed by Congress to $.12.That's a big hit for banks, yes.But after years of "training" us to swipe our debit cards...
by Gous Ahmed 7 years ago
If you pay off credit cards by getting a loan out, aren't you in the same position still?Maybe a loan won't have interest increase like credit cards, but what is the best way to get out of this situation for good?
by CWanamaker 5 years ago
What are some tips for improving your credit score when no one will issue you a credit card or loan?
by Gary Anderson 8 years ago
I just wrote a hub on this, but what I want is to have a discussion here. This is the issue: the senate voted on 5/19 to forbid the states from setting caps on interest rates for credit cards. The injustice of this is that the state in which the credit cards are issued, namely South Dakota and...
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