Negotiate a Debt Settlement
Quick (LEGAL) ways to eliminate debt?
Now, I have this credit card debt...it is not like a huge amount, but my husband is really after me to pay it off. So, any ideas on how to quickly pay off roughly $5000.00 in debt? Looking for new ideas that are easy to do. Thanks!
Public Comments
- The best way to eliminate dept is to pay .
- Declare personal bankruptcy. My EX g/f did it twice..... OR cut up all your cards and kiss the credit scheme good bye..... and pay them what you can in installments. When you are finished, then throw a big party! I never had any credit or credit cards in my life and you know what - I can sleep very well. I pay only what I can pay for in earned money in the bank.
- I think you are looking at it wrong. The issue isn't "quick" or "easy" the issue is getting rid of the debt. Stop adding anything at all to the cards. Attack the balance with as much as you can possibly afford to put toward them, month after month, until it is gone. 5K is easily manageable but it will never go away if you don't stop adding new debt onto it.
- Watch the reality t.v. show, "Til Debt Do Us Part." It may give you inspiration. If you're really adventurous, you could even apply to be on the show. Couples who follow Gail's program get gifted with up to $5,000 to help pay down their debt. Sometimes she only gives $1,000 if the couple doesn't follow her instructions well. http://www.slice.ca/Shows/ShowsPage.aspx?Title_ID=93097 When you cut expenses in one area, you free up more money for use in another area, such as paying off your debt. For ideas on cutting expenses, check out these sites: http://www.miserlymoms.com/ http://www.debtproofliving.com/ You might find more food for thought at http://www.savekaryn.com/
