Comments on: Greg Debt Settlement – Straight Talk

By: Blogger

Blogger — Mon, 18 Jan 2010 04:12:42 +0000

How does debt settlement affect my credit score?

By: Wordpress

Wordpress — Sat, 16 Jan 2010 22:18:57 +0000

Greg,
Top notch information! The Debt Professor approves!

By: Free Blog

Free Blog — Fri, 15 Jan 2010 21:10:17 +0000

Why only talking about chapter 13 and not chapter 7 ????

By: Anonymous

Anonymous — Fri, 15 Jan 2010 19:44:32 +0000

I love it!

By: WPBlog Shop

WPBlog Shop — Fri, 15 Jan 2010 09:17:10 +0000

Thank you!

By: Wordpress

Wordpress — Fri, 15 Jan 2010 07:19:20 +0000

loving this…I am a settlement advisor and I know that this makes sense

By: john s

john s — Fri, 15 Jan 2010 07:03:29 +0000

The worst thing that can happen to you is that you will lose the case.

If your wife doesn't have a job, they can't garnish her wages.

If you own Real Property, they can put a lien against it.

Otherwise, lawsuit judgements can also be "settled" if the creditor agrees. Just because the plantiff wins the case doesn't mean you have to pay the entire judgement amount-it just gives the creditor more options to come after your assetts.

By: Russ M

Russ M — Fri, 15 Jan 2010 06:37:52 +0000

Most of the debt repair/consolation/settlement companies want their fees up front and leave you credit trashed.

Check nfcc.org for listings legit non-profit credit counseling services. They can help you set up a budget and work out clearing up your debt.

You can tackle your debt yourself by putting every extra penny on the highest interest rate debt, while making minimum payments on the rest. When the highest is paid, move to the next, till they are all paid off.

It will take 2 or 3 years but if you work at it, you'll be out of debt with a good payment history.

By: WPMixer

WPMixer — Fri, 15 Jan 2010 05:31:17 +0000

Great video. He covers all of the important topics regarding Debt settlement. I am a CDS (certified debt specialist) must say he is 100% correct.