Get Out Of Debt

Man Fraudulently Tries to Sell Church He Didn’t Own

A man involved in a complicated scam to sell a church he didn’t own has been found guilty on 11 counts of fraud. Tracy Carmichael, 46, of Detroit in 2007 offered to sell the Temple of God Deliverance on Mount Elliot to a woman who was interested in the property as a land investment. The scam involved [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

Consumers Energy Customer Warned About Credit Card Scam

Consumers Energy is warning customers — especially seniors — of a scam that includes people posing as Consumers employees in an attempt to access credit card information. According to a statement, customers have received calls from a person claiming to be a Consumers employee offering a special program. The caller tells the customers they have to [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

I’m Losing $800 a Month and Can’t Keep This Up. What Should I Do? – Dude

“Dear Steve, I’ve always thought I had my credit under control. I have a credit score over 700 and was doing a great job of transferring balances to 0% cards every 6-12 months. Then the credit card companies stopped giving me new cards, a couple of my cards were maxed out and I now owe $38,000 [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

My Wife Took a Vacation in Las Vegas and Bought a Timeshare. Can We Be Sued? – David

“HI there Steve, My Wife and I recently took a vacation in Las Vegas and stupidly fell for a timeshare scam. We are both british citizens and are living in scotland. My wife recently lost her job and we cant afford this expense at this time, we did some research and the company told us a [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

Three Years Ago We Had a Very Rough Year and Now Facing Rising Interest Rates. – Erin

“Dear Steve, My husband has his own business and 3 years ago we had a very rough year. We lived above our means and we now have $40,000 in credit card debt. We have $8,000 on a 14.99% credit card and eventhough we make our payments on time and sometimes even several payments a month (this [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

I’m a Salesman But Need to Go Back to School But Banks are Suing Me. – Jason

“Dear Steve, Salesman drawing $2k/mo – spouse $3k/mo; no commission. $1600 mortg, secured debt $220k+ (with house, car, furniture); $65k+ unsecured debt (loans, cc) $120k school loans – in deferment. Need to go back to school, but getting judgments placed for credit cards. Feel I’m too far gone to handle this alone. Is consumer credit counseling, debt [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

Mary & Bob Write In Retiring And Financially Concerned

Mary and Bob both wrote the me through the GetOutOfDebt.org site. If you have a credit or debt question you can write me for help also. “Dear Steve, I’m living on small social security check and I have put all my investments in cash account with brokerage firm. I am moving into an annuity for security and [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

I Had a Baby, My Hours Were Cut, I Don’t Want to Tell My Partner About My Money Mess. – Rebecca

“Dear Steve, I have had a baby and my hours at work have been cut I have a partner who works but is un aware of the mess I have got my self in this would cause a huge problem if this came to light. Just need to find some help to get me out of the [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

Ric Edelman Says I Should Carry a Big Mortgage Instead. – Carolyn

“Dear Steve, I’m struggling with whether to get debt free as fast as I can or use the equity in my home and invest. I’m in the process of refinancing and cashing out $40K. I don’t have any liquid savings. I do have a little in 401K. I’m in my mid 40’s. Some say get out [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]

How Can I Convince Creditors to Work With Us Rather Than Force Us Into Bankruptcy? – Penny

“Dear Steve, My husband was injured in car crash 8.5 years ago, injury caused him to find work out of town (2 hours away), settlement went toward replacement vehicle. while fuel prices were so high we made ends meet by using credit cards, we are working at getting things paid off, but late payment fees, over [[ This is a content summary only. Visit GetOutOfDebt.org for full links, other content, and more! ]]