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I owe a lot of money to credit cards, what can I do? I have several houses for sale but nothing is moving and I am afraid if I go bankrupt I will loose everythng.

2006-08-09 21:24:18 · 8 answers · asked by Anonymous in Local Businesses United States Houston

8 answers

Try renting out your houses real cheap. I've noticed that used home are hard to sell in houston with all the new constuction. The sad truth is that they are larger and priced to sell. The harsh reality is however, that they are also made like crap. Older homes will start selling again in about 5 years when everyone who is buying these new homes will finds out that how poorly designed the newer homes are.

As far as your credit card go. everytime you have the desire to charge. Ask yourself this question. Do you want to be rich? or Do you want to be poor and a slave to debt? Rich people have their money work for them. Poor people have to work for their money. You don't have to have a huge income to turn the table around. Just smart spending habits.

be blessed.

2006-08-11 04:15:11 · answer #1 · answered by seekingknowledge 2 · 0 0

everyone in the world these days owes on credit cards. do stress it because the bills will always be there. get working on trying to sell those homes so you can make money. are you a realtor, or investor who sells homes. let me know if you need some help, maybe i can list an ad for you or something.

2006-08-11 12:48:43 · answer #2 · answered by SUSIE 2 · 0 0

Ask yourself it is your selling price is quite high .
Every person also afraid if facing bankrupt .
But how you can do .
Only the way not buy so many things unless you did it .
This way can help you save more money.

2006-08-10 05:09:57 · answer #3 · answered by Janice Tee 4 · 0 0

I never have this experience but i have heard that people will pay the credit card one that high interest first.

2006-08-12 04:25:49 · answer #4 · answered by boathouse 2 · 0 0

Call your creditors and let them know that you are liquidating some property in order to pay your bills. If you stay in good communications with your creditors they will work with you until money comes in. I hope this helps... Good Luck..

2006-08-10 04:38:40 · answer #5 · answered by Kit 3 · 0 0

have you checked into credit couselors? i have listed some for you below.

1.Consumer Credit Counseling Service: http://www.cccsatl.org/
2.SpringBoard Non-Profit Consumer Credit Management: http://www.credit.org/

2006-08-10 04:33:31 · answer #6 · answered by James (JayDilla) 2 · 0 0

Fix up the houses, reduce the price and/or advertise more. Get a second job.

2006-08-10 11:58:26 · answer #7 · answered by Texas Cowboy 7 · 0 0

you need to get a job, and stop gettin credit cars..

2006-08-10 04:28:44 · answer #8 · answered by Jessica Marie 4 · 1 1

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