My friends were laughing at me when I said I could settle credit card debt and get out of the hole that I had dug for myself. After my wife was sick, I had all of these bills that I have paid with the credit cards. And frankly I have also used the credit cards to pay living expenses because I was having to spend much time away from my work. I’m not there, I don’t get paid.
After reading a book that I downloaded from the Internet though, I realized that the credit card companies might have a hard time collecting from me. I owned a house, a couple of cars, and a few other things that they could not take away from me even if they got a judgment.
Even if they got a judgment, I figured that I would probably have to file bankruptcy and discharge it. But I really thought that if I followed the instructions, I could find a way to settle the credit card debt and figure a way to make payments. After all, the monthly payments that I was making were several thousand dollars a month anyway.
So I stopped making payments. Before long the phone started ringing and I endured the threatening phone calls. I simply told them that I was having a financial hardship and I had to find a solution or file bankruptcy. It took a while but I was able to negotiate lump-sum settlements using the money that I was not making payments with to pay the creditors who were willing to settle. A $30,000 bill was settled for less than $12,000. The creditor even reported the settlement as “paid as agreed”.
One morning I realized that we had finally settled all the debt. I felt free. If you want to experience this feeling of being free, you too can settle credit card debt.
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Just let us know if we can help you with credit card settlement, either by email at jemlaw@mac.com or
give us a call at 210-690-3700 to meet with an attorney for a complimentary evaluation.
