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Agung
Joined: 11 Aug 2008
Posts: 5
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| Posted: Mon Aug 11, 2008 7:32 am Post subject: How to take action to resolve your debt situation ? |
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| How to take action to resolve your debt situation ? |
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David
Joined: 19 May 2004
Posts: 703
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| Posted: Mon Aug 11, 2008 12:45 pm Post subject: |
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Simple question. Large topic.
Maybe read a book? |
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Coby T. Lucas
Joined: 28 Jun 2008
Posts: 5
Location: New York
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| Posted: Fri Aug 15, 2008 10:56 pm Post subject: |
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| Depends on how much debt you are in. Sometimes the only way out is bankruptcy. You just have to stop using credit cards and get into a debt management program that will lower your interests rates and allow you to payoff existing debt in monthly installments. You can also try debt settlement, but it will ruin your credit as an alternative to bankruptcy. |
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citicredit.asia
Joined: 26 Aug 2008
Posts: 3
Location: USA
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| Posted: Tue Aug 26, 2008 2:30 am Post subject: |
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1. Continuing to run from the problem will only get you in deeper trouble.
2.Respond to your creditors and show them that you have an interest in working thins out. 3. Acknowledge to yourself that you have made some irresponsible decisions.
4. Get professional counseling if it is warranted.
5. Share your problems with a close friend or your spouse.
6. Know that there is a way out and that this process and a debt-free destination are probably a better experience than the stress in your life today.
personal loan, debt collection, refinance, |
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jtrenton
Joined: 12 Sep 2008
Posts: 10
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| Posted: Mon Sep 15, 2008 7:48 pm Post subject: |
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| Stop accumulating debt and start saving - it's really simple. |
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