Negotiate a Debt Settlement

what is the best way to eliminate credit card debt without filing bankruptcy?

Public Comments

1. make a deal with the credit card company on how to repay your debt on a longer term. Stop using credit cards and make a budget of your spendings!
2. cccs...consumer credit counseling can help you reorganize your debt. they can send proposals to credit card companies to get your minimum payment lowered as well as getting a lower interest rate.
3. Pay for your debt then u don't need to filing bankruptcy
4. go to daveramsey.com and follow his baby steps program it works
5. second mortgage or rich friend!
6. Get a personal loan to cover the cost of your credit card debt. Make sure that the interest rate is lower that what you are currently paying. Cut up your credit cards and start to live within your means. Sounds harsh, I know but needs to be said.
7. pay it!
8. live on a tight budget
9. get another job so you have two, don't go out on the weekends, don't socialize with friends that costs money do this for about a year and you should be out of debt. don't get another credit card to cover the other ones you will go into a debt cycle. as i see it a year of hardship is better of then in three years filling for bankruptcy.
10. use the free go2self.org budget plan to set up your budget and target one card at a time for quick elimination. the software is free. courses are also offerred with guaranatee.
11. you can't...
12. CCCS is definetely the best way to go. They will review your debt situation and honestly tell you if you are too far gone for Credit Counseling or Debt Settlement and need to consider Chapter 7. Watch out for the fly-by-night counseling services. Many of them charge exhorbitant maintenence fees to simply hold your money for you. The best place to start is The National Foundation for Credit Counseling at http://www.nfcc.org. From there, you can find your local CCCS agency.
13. no. don't do it...
14. Use the Debt Elimination System - one of the many benefits of membership in the Financial Freedom Society. Please visit http://your.ffsi.com/59173.
15. If you are in the UK then have a look what the office of fair trading has said about unjust credit card charges, it won't clear your debt but you might be able to take the credit card provider to the small claims court to recover any unjust fees charged that has contributed to your debt.
16. Try here: http://www.debtmanagementresources.com Good luck!