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Who should i talk to about debt settlement and whether or not bankruptcy is my best option?

Question: Who should i talk to about debt settlement and whether or not bankruptcy is my best option?

(Posted by: valprobe on 2008-09-29 02:57:32)

My ratios are currently way out of whack, mostly due to the slumping housing market and other factors. My credit cards are maxed out and making the monthly payments is killing my cashflow. I also have a property tax bill that is due and I'm scrambling trying to figure out how to pay it. I need to speak with someone, I'm just not sure where to start. I do not currently have a relationship with a financial advisor, and due to the sensitivity of my problem I don't want to ask anyone for advice or for a reference. Any help in the matter would be greatly appreciated as I need to address this right away.


Answers:

Posted by: SG Elite on 2008-09-29, 03:13:52

You can't avoid speaking to the manager that handles your accounts. Be honest about your financial situation & work out a repayment plan that you're comfortable. Meanwhile, be careful with your expenses.

  

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