What is the best way to settle debt?

Let’s learn what is the best way to settle debt. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

Best solution

What's the best way to legally settle your credit card debt?

Looking for the best company to do this with. I have a little bit of cash to work with. I want to reduce the amount I owe.

Answer:

There are a number of ways of settling your credit card debt. One option would be a secured personal...

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Other solutions

What is the best way to settle with junk debt buyers?

I have read that they purchase junk debt for between one and ten cents on the dollar. What is the best way to settle with them? How much will they generally accept to avoid seeing a courtroom on a $3,000 to $5,000 debt?

Answer:

You might want to see my extensive guide on this subject, Debt Settlement Pros and Cons. My No BS Guide...

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What is the best way to payoff or settle my $80,000 credit card debts and bank debt?

Two months ago I maxed out all my credit cards and opened an unsecured personal loan because I needed cash for family emergency. Now I have approximately $80,000 debts from credit card companies and bank (all unsecured). After one month, I couldn't afford...

Answer:

The collections process works in a sequence so you are pushing the process with your questions. You...

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What is the best way to settle my husbands debt that went to a collection agency?

My husband is in AIT at the moment and i am trying to pay all of his stuff off. One of his debts are from dish network from when he was engaged to his ex a few years ago and never got paid...it was shut off due to non payment. when i contacted dish and...

Answer:

If the account has gone to a collection agency, deal with them, not the original creditor. Try to negotiate...

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Terri M at Yahoo! Answers Mark as irrelevant Undo

What is the best way to settle my debt with CA and for how much?

I have two charge off credit accounts on my credit. One for 900 and the other 700 ( both are about 3-4yrs old). I want to settle but dont know if its better to call and talk to a live person or type up an offer letter? Also, how much should i offer to...

Answer:

What you should be looking for is a debt consolidation company that can give you 7-10% interest on the...

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mommy2b at Yahoo! Answers Mark as irrelevant Undo

What is the best way to settle debt with car insurance companies? Should I get a lawyer? ?

I recently got in a car accident and my insurance company did not cover the extent of the accident. The insurance company is calling and asking for an outrageous amount. I s there a way I can negotiate a lower price and or payment plan?

Answer:

lol, yeh right. the reason the insurance wants you paying for it is so they dont have to. the fact that...

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The best way to settle debt.?

I am 25 and want to be debt free. I have over ten thousand in debt. I want to start settling with debt collectors. It been about 5 years since i paid a dime. I want to buy a house in 15 months.What steps should I need to take to be debt free.What should...

Answer:

Ok, man if you are serious you need to tighten your belt. So, you have 15 month 1. You need to have...

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Rash at Yahoo! Answers Mark as irrelevant Undo

I'm in deep credit card debt, whats the best way to settle my debt?

im in debt for $23,000 between two seperate credit cards. My payments are too muchto keep paying monthly and im falling farther behind. Is there a company where i can get help to settle my debt? Is it possible to offer a lump sum thats lower than the...

Answer:

File for bankruptcy.. get all that wiped off

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Laila at Yahoo! Answers Mark as irrelevant Undo

Answer:

Try debt reduction arrangements with the credit cards or look into whether you are a candidate for bankruptcy...

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Anonymous at ChaCha Mark as irrelevant Undo

Answer:

Try negotiating a better deal. By offering a lump-sum payment, you could easily cut your debt in half...

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Anonymous at ChaCha Mark as irrelevant Undo

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