I am not going to repeat ony of the good advice you have gotten, so
I will just ask about one thing.
Have you actually talked to Consumer Credit Counseling? Why do you
think they won't work? I used them when I was in college. It was
great. I had $16,000 in credit card debt. I worked part time for
like $5 an hour. I was looking at a good 38 years to pay off my
debt with interest. With the total debt adding up to well over
$100,00 in that time.
I called CCC. THEY negotiated with ALL of my creditors. My
payments were reduced and my interest rates were minimal or zero. I
had to agree not to create any new debt until it was all paid off.
I made ONE payment to CCC and they paid off my creditors in order of
what made most sense. They paid the minimums, but then the "extra"
went in order of what made most sense...
I was debt free in two years. Not bad. I think I paid them like
$15 for their services. Definitely worth it.
--- In mlmsurvivorsclub@
>
> I have a questions about a company that is not an MLM, but
could very well be a scam. With all the credit card debt out there
I have seen a ton of people in the net offering to, by some secret
miracle that only they know, to wipe out all my credit card debt.
> One guy brags about all the trips he has been on and thousands
he has made by "gifting". I am supposed to send him $5,000 and he
will help me find people who are willing to give me $5,000 and it is
all based on the Bible. After just a few short weeks God is going
to bless me with piles of FedEx envelopes filled with cash because I
had the faith to give to others. While the Bible does teach to give
to those in need, I do not think this is what God had in mind. I had
a phone meeting with the guy and pointed out the fact that if each
person that gave got back more than her gave, then someone
eventually would be left holding the bag with nothing. The
conversations ended right after that due to what he called my "lack
of faith".
> Quixtar was similar with everyone being taught to push all
negative thought out of your brain and fill it only with positive
thoughts that Quixtar would put there.
> Now comes along a new angle. This time with credit card
debt. One group wanted me to basically ignore the collection
agents, or actually antagonize them, and then log the calls with the
idea if they went over their legal limit I could sue them for all I
owed and more and even get back the $2000 I paid this guy to help me
sue them. I'll pass on that one too!
> Finally I come to the one that peaked my interest. For up to
10 credit cards totaling less than $100,000 in debt I pay $2500 plus
a couple of hundred per card. A small payment is then sent to the
credit card company or collection agent which they will jump on and
cash like a starving catfish on a fat worm. Since the credit card
companies supposedly can change their rules and interest rates at a
whim, a letter is sent with the check saying that cashing the check
allows me to change their rules on them and suddenly I am in the
drivers seat. I asked this company to see the letter, but it was
privileged info that only this company would send directly to the
credit card company. This company would then assume my debt in full
and use some back door legal maneuver to get out of paying a dime.
I am being very sarcastic about my description because I am trying
to convince myself that this is just another bogus scam...but I
found nothing bad on the Internet on it. Actually I found not much
at all except for a few people that say it worked for them.
Starving fish like me tend to start taking chances when they see
nothing else to eat. We rationalize a reason for trying something
we would have never touched in a sane moment, but time and
circumstance tend to make us a little crazy. We go into a "wishful
dreaming" state hoping the if we hope hard enough something will
solve our financial problems and that shiny thing in the water is
really a minnow...without a hook inside.
> After all this talking I guess what I want to know if anyone
has heard of this idea. It has been offered to me on a couple of
occasions and I keep backing away, but I need to do something
besides standing in one place till I get a net thrown over me. If
it were just me, I could ride it out, but we are down to nothing
left and just watching as things are taken away one by one and my
wife is the biggest loser. We lost her insurance at the end of the
year and it was the only way to afford her bills and prescriptions.
We run out of all prescriptions over the next 2 to 6 weeks.
> I welcome all comments, but if any of you have "first hand
knowledge" and wish to write me I would appreciate it. If you want
to tell me about a particular company that you found that was
actually legit, you might want to write directly to me at my
personal email address rather than posting the name to the MLM
Survivors group because that may be seen as soliciting for a
company. Consumer Credit Counseling Services are useless because I
have no income, at least not a steady one. My email is
angelhelp777@
> For those of you who wish to tell me to just pay back my debt,
I am totally willing to do so, as long as I can work for your
company from my home for minimum wage and health care for my wife.
My wife is disabled and needs checking on every few hours so I am
unable to work else where. There are no jobs anyway in Houston
because the one requirement is that you must speak Spanish...but
that is another story. Ya'll let me know if you have heard anything
about a credit card debt removal company like I described. I really
need to get them off my back so I can start taking care of other
things more important. Thanks for the help.
>
James
>
> [Non-text portions of this message have been removed]
>
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