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Must You Stop Making Payments, To Settle Credit Cards?

www.CreditCardReliefFormula.org If you are trying to get relief from enormous credit card debts, do you need to stop making payments in order to settled credit cards? And if you do, is there a way to rescue your credit score?

Tags: Credit, Making, Cards, Must, Payments, Settle

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13 Comments

Thank you so much Richard! I just settled on my only credit card I had. I owed 11,000 and they settled for 3,000!!! Thank you so much for your info, you were a huge help! :-D


if you are insovlent..then the IRS “should’nt” go after you.


No talk to your (a good ) tax accountant. Not liable


Always well done…


I think so.


great video. my wife and i just had a conference call with a debt settlement company and almost signed up for their service. after watching this video, we decided to do it on our own. ill keep you posted! sincerely, daniel in yakima


What is missing here is the tax consequences of settlement.


If I am in default on my unsecured debt is it possible for the creditors to take the mobile home I own? I rent the lot it’s on, but own the mobile home. thank you in advance


thank you for all your videos! you are an encyclopedia of information; very useful one, i might add.


If you settle are you liable for the difference on your taxes?


i LOVE THE NO BS STRAIGHT FORWARD VALUE YOU GIVE. Got a 50% coupon on your debt settlement and home principle reduction relief products when bought together? Got credit cards debt and stuck in a negative am option arm that goes up in the fall. Contact me when you got a special running with a sale on both of the courses I may need. Please do it before I run outta money!


I was just about to get a debt settlement company to help me when I saw your videos. You have really hit the nail on giving good info on those issues that are no.1 in our minds. I think that I shall do the debt settlement myself.


Your youtube videos are extremely insightful. Thanks Richard. I will be emailing you my situation. I have heard some of this stuff from Dave Ramsey. But since he is a public figure I do not think he can get into specifics.
I suggest if you are in over your head. Make sure you prioritize your debt. 1. Shelter 2 Food and # 100000 would be your credit cards. Your Fica score is just not that important.


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