whatif

Once you are late...

Recommended Posts

Hi all,

I want to start my Debt Settlement, after reading a few posted articles I hope it works out. Since I am a rookie I might have some naïve questions..so please be gentle with me.😉

Where can I sign up with Veritras for Legal Protection? Anyone did it? 

I know this sounds crazy, but I managed to have 23 open accounts and had not been late on any. Needless to say my overall Credit usage is up at 52%. Making minimum payments. my fico is 678. I am maxed out. Even though I still have a little air but my Personal Loans are killing me together with 3 CCs that are high monthly minimums. 

First only my list is SOFI Lending....anybody has any experience?

Also I have a BB&T Checking and Personal Loan if I cant pay them do they automatically close the Checking?

Generally what happened to the other accounts when you stop paying one?

I don't want to Declare Bankruptcy 7 or 13, I want to tackle the accounts I really no longer can afford paying.

Last question....my Mortgage is currently in Forbearance , I called them and told them I will come back and resume payments in 3 Months. They said I have 2 options, either pay a lumpsum or put the Moneys not paid in a Interest free account that need to be paid when I refinance or Sell.

Thank you all for looking at my stuff...and look forward to your thoughts.😊

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.