normansvio moneyman asked:
I have 4 credit cards that I have been paying (it seems forever) I am currently on a debt counceling progam. I”m current. The problem that I am now face with is a reduced income. I am retired. My 401K took a big hit. I will no longer be able to pay the $983.00 monthly payments.
Had A family meeting with kids. They will (for xmas) give me $11,000.00 to help pay the debt. The balance is $22,000.00. I would like to do a settelment. Best way to proceed.
I have 4 credit cards that I have been paying (it seems forever) I am currently on a debt counceling progam. I”m current. The problem that I am now face with is a reduced income. I am retired. My 401K took a big hit. I will no longer be able to pay the $983.00 monthly payments.
Had A family meeting with kids. They will (for xmas) give me $11,000.00 to help pay the debt. The balance is $22,000.00. I would like to do a settelment. Best way to proceed.