How can I settle credit card debt?

Answer According to MSN Money, 29 percent of American households carry a balance of $1,000 or more on credit cards. However, many families owe much more, which can be stressful. The Federal Trade Commissi... Read More »

Top Q&A For: How can I settle credit card debt

How do I settle a credit-card account?

Develop a PlanDetermine how much you can afford for a lump-sum payment on the account. Consider borrowing additional funds or delaying payments of other bills to increase the offer. Have your check... Read More »

Can personal property or a paid off condominium be taken by a debt collector to pay off credit card debt in Pa?

Creditors may certainly look to seize/attach your assets of most types to pay the debts you promised or obligated to pay and don't. They also get to recover any costs for having to act to have you ... Read More »

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »

Is credit card debt the most common form of debt?

According to the Federal Reserve's most recent Consumer Finance Survey, credit cards are not the most common form of debt. Though 46.1 percent of American families owe debt on credit cards, 46.9 pe... Read More »