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SETTLEMENT
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Posted by JOHN H on April 13, 2001 at 18:35:26:
I LOST MY JOB 1 1/2 YEARS AGO RAN UP $140,000 IN CREDIT CARD DEBT. HAVE BEEN PAYING MINIMUM PAYMENTS EACH MONTH BY GETTING CASH ADVANCES FROM OTHER CREDIT CARDS, I HAVE WORKED SEVERAL TEMPORARY JOBS BUT NOTHING PAID ENOUGH TO PAY MY BILLS.I DON'T WANT TO FILE BANKRUPTCY. I WANT TO KNOW IF CREDITORS WILL SUBSTANCIALLY REDUCE AMOUNTS I OWE, FOR CASH SETTLEMENT OR IF THEY WILL STOP CHARGING INTEREST IN HARDSHIP CASES. I HAVE ABOUN 12 DIFFERENT CREDIT CARD COMPANIES.
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