subject: Negotiate Credit Card Debt - Get Help Paying Off Credit Card Debt And Avoid Harassing Calls [print this page] Author: howard Snyder Author: howard Snyder
Not since the great depression of the 30's or perhaps the tough economic times of the early 80's that americans have been hit so hard in their livelihoods. Millions of hard working, decent americans have gone into debt just to cover for their basic living expenses after losing their jobs or some other hardship.These people are facing a tough time just making minimum payments and are in need to negotiate credit card debt.
Creditors are brutal when it comes to calling you to demand payment if you miss a deadline and they can call dozens of time to your workplace or home at any hours of the day. Or, mail out nasty, harassing letters threatening you to legal action.
The truth of the matter is, you can get help today and make this situation stop. It is not fair to you or your family to lose sleep over your bills and the many other situations linked to money or lack thereof. You have choices, many of them. Some of which are bankruptcy, credit consolidation, government grants, negotiate directly with creditors among many others.
Your first action steps should be:
Write down to the penny how much you owe and then make a plan of action. This plan requires you to be really honest and figure out how much you can pay.
Contact your creditors directly, explain your situation and offer your solution. This could be a monthly payment different from what your minimum says. If they refuse to work with you,which in most cases it will happen if you are somewhat current in your payments, then you can consider the last option before filing bankruptcy, which is:
Debt consolidation. In this case, you stop making your payments and get the help of a middle man that will negotiate credit card debt directly with the creditors for pennies on the dollar.
There are many different ways to negotiate credit card debt. Learn your options before you do anything. Click here for more information.About the Author:
