I think I saw this thread on the rx before, but don't remember too much about it. Anyway, I hear these commercials where you can settle with the credit card compainies for about half of what you owe, if you owe over 10K. Is this legit? I know some companies are rip-offs, but some seem legit.
My situation is this: I've been divorced for about 7 years and recently filed with the court for a change in the parenting schedule. My kids are now 14 and almost 12 and their relationship with their mother is strained, so I had to do something. I went into this in October of '08, thinking the process would cost about 3-4K. Unfortunately, it is now 8/10 and it has cost over 10K. Anyone who's been through this knows how fast these lawyers bills add up. Plus, I had to miss work a lot last school year as my oldest son was sick. Anyway, I now owe about 12K in credit cards...it sucks. I am 54 and have never had a problem with credit card debt like I do now. I 've always paid my debts, but if a program like this exists and is legit why not take advantage of it? The people I have spoken to say the money is available due to the Economic Recovery Act..is there really such a thing? Just wondering if you guys can help me with this. Thanks in advance.
My situation is this: I've been divorced for about 7 years and recently filed with the court for a change in the parenting schedule. My kids are now 14 and almost 12 and their relationship with their mother is strained, so I had to do something. I went into this in October of '08, thinking the process would cost about 3-4K. Unfortunately, it is now 8/10 and it has cost over 10K. Anyone who's been through this knows how fast these lawyers bills add up. Plus, I had to miss work a lot last school year as my oldest son was sick. Anyway, I now owe about 12K in credit cards...it sucks. I am 54 and have never had a problem with credit card debt like I do now. I 've always paid my debts, but if a program like this exists and is legit why not take advantage of it? The people I have spoken to say the money is available due to the Economic Recovery Act..is there really such a thing? Just wondering if you guys can help me with this. Thanks in advance.