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Old 01-22-2010, 08:05 PM
Kenny Golde Kenny Golde is offline
The Finance Forums
Join Date: Oct 2009
Location: California, USA
Posts: 13
Default Re: $15000 credit cards debt what do i do

Originally Posted by rogerthert View Post
Arent debt management companies just about as bad as going bankrupt?
No, debt settlement can be a viable alternative to bankruptcy that does not require a court filing. Of course, just about anything a debt settlement company can do for you, you can do for yourself by calling the bank directly. But with $15,000 in debt like the original poster has, I would agree with the previous help. Make a tight budget, watch the money spent, pay it off by paying two or three times the minimum payment every month if possible, then don't use cards anymore.
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