/biz/ - Business & Finance

>>>/t/witter fOlKS
really still using the astroturfed glow titter word yAhAll

>>54852100

>>54852087
Are they charging you a fee? If so don't use them. If there's no fee then that means the creditors grant them money to run the business and in that case they actually can kinda help you but don't think you're not going to be paying most back. But they will help you save huge on interest and fees.

t. Used to work for major bank and helped with these grant programs

>>54852133
No they take a fee

Something like 2k added ontop of the projected settlement of 50 percent original debt.

To me I don’t mind paying that fee, for the 0 percent interest opprotunity of actually settling the debts instead of paying a fluxuating amount that has interest added every month. And actually getting on a plan that can work
They have me at a 200 a month plan, to get the funds to settle

Instead of paying 350 a month and half of it going to interest.

it takes somewhere between 4 months- 8 month not paying the creditors to get the creditors to settle with me.

Wich is scary because I’ve always payed my bills on time


The reason why I’m in this mess is cause of hard times this last year, and random events fucking up my cash flow.
But I always payed my credit card minimums

So going cold turkey is scary here

Bump

>>54852208
They're charging you for something you can do yourself. You don't need a 3rd party to get a settlement. If that 10k is credit card, you'd probably pay a settlement amount of 5.5k if you did it yourself.

Debtmax any and all credit cards you can get, then pay none of it back. It's as shrimple as that. Don't be a bitch.

>>54853068
this anon knows the real hack. listen to this

You should engage the services of Samuel Hyde. He’s the best.

Just pay it off. 10k is three months of work for almost everyone in america. Eat ramen for a few months, unsubscribe from your streaming services, pay your debts and grow the fuck up. Use it as a lesson

>>54853759
get back in the oven

>130k in medical debt due to an accident while i was uninsured
what do i do lmao im a poorfag i make like 50k apparently not poor enough to get medical debt written off tho.
debt just saps the will to live doesn't it, it's my first time having more than 3 digit debt in my life. it's an overwhelmingly shitty feeling.

Anon it’s a scam, look at the fine print; they get a portion of the debt (usually 25% of the FINAL DEBT) you accumulate so they’re incentivized to run up your debt as high as possible and fuck you over. They hire a lawyer who isn’t even looking out for your best interest. You’re better off just not paying then find a lawyer yourself to negotiate. They have no incentive to negotiate the lowest rate in fact they want to wan bam thank you ma’am your debt as high as possible so they can max their gains. It’s scummy Jewish tactics preying on goyim.

>>54853984
You can still file for bankruptcy over medical debt and you should to avoid paying that bs back. The meta now would be to rack up as much debt as possible including credit cards and personal loans then file bankruptcy after exhausting all your assets ie. Sell car have nothing that can be repossessed. This is ideal if you have no assets.

>>54854492
>Sell car have nothing that can be repossessed.
I don't live in a city. Losing my car would essentially mean putting a bullet in my head, it's a life essential where I am.

>>54854532
Transfer title to a family member you trust and don’t do bankruptcy for at least six months after the transfer so it won’t be included in proceedings. Also with 50k a year you could sell it and lease during the bankruptcy timeframe

You're not doing this over 10k credit card debt are you? Don't be retarded. You can do this yourself

>>54854532
They can't repo your car, credit card and medical debts are unsecured loans meaning you did not put any collateral behind them. You don't have to pay.

>>54854714
Just because it’s unsecured doesn’t mean a creditor couldn’t make a claim against you. That just means there isn’t any assets the creditor has first dibs to in the case of bankruptcy. If you have any wealth they can and will seek restitution. The court can 100% put a lien on your car or home over credit card and medical debt. Don’t test the credit jew frens just play the game right.

>>54854799
it feels good to live in the land of the fart and the shart.

>>54854799
Own house and car through a trust (who the fuck owns a house anyway?), this is how rich people shelter assets during divorces.

>>54855743
I will look into that, sounds interesting.

>>54854492
What if I pay tax on my crypto, that means I have to sell my crypto in a bankruptcy case?