I’m overwhelmed by my debt and working with National Debt Relief, but the monthly payments are just dragging me down. I’ve been thinking about ending my relationship with them and either negotiating with creditors myself or hiring a lawyer. Has anyone been through this? What worked for you?
If the payments are too much, maybe try negotiating directly with your creditors. Sometimes they’ll settle for less if you approach them.
Fin said:
If the payments are too much, maybe try negotiating directly with your creditors. Sometimes they’ll settle for less if you approach them.
Do you think creditors are more flexible if I’m upfront about my situation?
@Del
Definitely. Many would rather get a partial payment than nothing, so honesty can help.
@Del
Agreed. Just make sure you get everything in writing if they agree to something.
A lawyer might be a better option if you’re worried about creditors filing against you. They can handle those situations more effectively.
Floyd said:
A lawyer might be a better option if you’re worried about creditors filing against you. They can handle those situations more effectively.
That’s one of my fears. Do lawyers usually help with all types of debt or just certain kinds?
@Del
Most handle all types, but it’s worth asking when you consult. Payday loans and personal loans can be tricky.
@Del
Some lawyers even offer free consultations, so you can ask questions before committing.
Payday loans not being on your credit file is an advantage. You can probably negotiate those without worrying about your score.
Pace said:
Payday loans not being on your credit file is an advantage. You can probably negotiate those without worrying about your score.
Yeah, that’s what I was thinking. Should I focus on the ones that are being reported first?
@Del
Exactly. Prioritize debts that affect your credit report since they’ll impact your future options.
If National Debt Relief isn’t helping, you don’t have to stick with them. Some people have better luck handling it on their own.
Shan said:
If National Debt Relief isn’t helping, you don’t have to stick with them. Some people have better luck handling it on their own.
I’m just worried about not having any backup if things go south. Is that where a lawyer comes in handy?
@Del
Yep, lawyers can step in if creditors try to sue you. It’s like having a safety net.
Look into local legal aid organizations. They might help for free or at a lower cost if money’s tight.
Shay said:
Look into local legal aid organizations. They might help for free or at a lower cost if money’s tight.
That’s a good idea. Any specific places I should check?
Shay said:
Look into local legal aid organizations. They might help for free or at a lower cost if money’s tight.
That’s a good idea. Any specific places I should check?
Try searching for nonprofits or legal clinics in your area. They often help with debt issues.