I am drowning in credit card debt and I am looking for help other than bankruptcy
2006-07-06 21:08:53 · 4 answers · asked by Hector A 1 in Business & Finance ➔ Credit
If your drowning in credit card debt, have you looked into credit counseling? Do you own a home that you can refinance and pay off some debt? If you don't own a home, credit counseling may help, but you may or may not be able to buy a home until it has been paid in full. Some lenders still consider it a risk and a bankruptcy. But you should not have as much of a negative impact on your credit that a bankruptcy have.
I included a link below, give them a call and see what they can do. It doesn't hurt to ask. Or you can look in your phone book for a credit counselor closer to home.
2006-07-06 21:24:40 · answer #1 · answered by sharebear1967 3 · 0⤊ 0⤋
No. If someone is trying to sell you information on grants to pay you bills, all you will get is more debt for the worthless information. Think about it-the government can;t even pay it's own debts!
There are excellent credit counseling services that can help a great deal. You first step might be to talk with you creditors first and try to work things out.
2006-07-07 05:39:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There is no government grants that will help.
If you decide to use a credit counseling service, be extremely careful. Many of those companies may leave you in far worse shape than you are now.
I would suggest going to the site I've listed and do some reading.
2006-07-07 00:11:55 · answer #3 · answered by echo 7 · 0⤊ 0⤋
Ha ha!! No Way!!
2006-07-06 21:11:25 · answer #4 · answered by Jimmy Pete 5 · 0⤊ 1⤋