Credit Card Debt Relief

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Two of my cards I am late on. Interest rates have become so high I can't afford the finance charges. Is there a company out there that can help me combine these cards and reduce the amount I owe without any gimics.

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My friends husband died leaving her three kids and over $100,000.00 in credit card debt. She has been trying to pay but now is getting threatened with them taking her house. She make just a little over minimum wage on a part time basis and the depression is starting to drag her down.

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so far I have done good progress with this: http://debt-consolidation.50webs.org

bankruptcy? debt relief? don't know best option. almost no equity in house yet.

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Call the American Consumer Counseling Center - unlike a lot of those "debt solution" places, this is a non-profit and won't take your money. They can give you some great counseling and advise you on the best options for your particular situation. American Consumer Counseling Center http://www.consumercredit.com/ or 1-800-769-3571 Also, get down to your local library tonight and start checking out personal finance books - they can be wonderfully empowering and inspiring, and most are written in simple, easy-to-understand terms. -The Complete Idiot's Guide to Personal Finance in your 20s and 30s -The Complete Idiot's Guide to Managing Your Money -Smart Women Finish Rich, by David Bach -any Suzy Orman books

A woman on a "credit card relief" commercial on the radio said "I contemplated bankruptcy and divorce ..." What does divorce have to do with credit card debt?

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It depends. A wife could be responsible for her husband's debt and vice versa. In some states spouses don't have to worry about that. Their debt is their own, but in other states, the debt of one spouse is shared by both and both have to pay it back. If there is a house in the picture, then creditors will go after it. Perhaps that is why "she" mentioned divorce. Good luck and God Bless!

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