Those debt relief agencies that help you get rid of debt fast tell you to stop paying your bills and instead you pay them. They then use the money you send them to negotiate lower payoffs to your lenders. What are the pros and cons of doing this and how long will it effect my credit score for? Any experience is extrememly welcomed!

 

I want to get all my financials squared away with the IRS– anyone know the average rate those “tax relief” companies charge? Are they worth it??

 

57,000 because of foundation failure. We lived there 22 years,I had bad wreck cant work ever again,so we sold house for 60,000 Will we have to count difference on our IRS? I draw disability and I have know one to ask we cant afford 100,000 as income we are broke please help

 

Which site is maintained by Govt of India to manage the flood relief fund?

 

I have done everything I can to reduce my spending, and my interest rates (on unsecured debt), yet there are still so many demands on my income that I am still unable to meet my monthly obligations. (My VA Compensation was just “reduced” making my problems even worse). Due to the nature of my current [...]

 

The past year and a half has been a real financial battle for our family. My husband is blind and gets very little Social Security. I work full time but over the past year and a half I was laid off for several weeks and some weeks I did work didn’t get 40 hours. Over [...]

 

I have a question regarding the tax implications of a foreclosure I went through last year. I believe I may qualify for the Mortgage forgiveness Debt Relief Act, but It’s not quite that straightforward. Here’s the situation… I purchased a condo in 2007 for approximately $ 500k. It was purchased as a primary residence with [...]

 

As of October 1st, there are a few HUD mortgage relief program for distressed homeowners, I qualify for these programs with one exception. i own (1) rental property in addition to my primary residence. does anyone know how I can still qualify to take advantage of this relief program before my home goes into foreclosure?

 

Regarding new legislation designed to help homeowners in deep mortgage trouble – I am only seeing relief for The plan applies to loans originated between January 1, 2005, and July 31, 2007. Does anyone know of any plan for loans originated before Jan. 1, 2005??

 

I heard about the new loan programs that allow home owners to refinance their mortgage to a lower interest, but those who qualify need a decent credit, certain income, and their homes need more equity than what they borrow. But what about those who are really suffering and have none of those above?

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