http://www.imsorryi.com/idebthelp.com/bad-debt-2008/
“A year ago I forgot to pay my bills and just too close to my limit. The bank gave me a hard time about it and charged 30%+, which made it highly impossible for me to pay my minimum balances. They were also unconvinced by my arguments.
So I found myself with a company and learnt about debt settlement. I had never been more than a day late in any payment, hence I was worried that I would have to stop paying bills, or no one would be willing to settle. I was originally talking to a debt settlement company which was known for their costly charges and their payment plan really worried me. Because of the fees to be paid and because of my low income it would have taken several years before I was debt free.
At first I was close to accept the deal but when I googled about some other firms, I stumbled upon RemoveDebtOnline, I literally arrived at something radical than what other companies offered.
Here’s what was surprising! I stopped paying bills in March 2008 and by November I was debt-free.
The debt settlement worked. All the dues were settled with about 50% reduction in original payments. And I can surely assure all those who are in debt that this is the best way to go about to get out of debt.
Fortunately, there were never any problem while conversing with John Hickworth, the person who helped me out of the rubble. The debt settlement ploy is good enough for those who do not have a way out of debt and it works fine!
P.S. Being debt-free and paying everything with cash…is awesome.”
There are several debt settlement companies like RemoveDebtOnline. Some of the salient features of the process are:
Robert Kiyosaki – Good Debt vs Bad Debt
