You owe money on a bill. You call to make a payment arrangement. One of the first questions the collector asks is how you are going to make your payment today. You explain you cannot do this today, for whatever reason. Maybe it is the middle of the week and you have no money. Even when payday comes, your money is all accounted for toward other bills that hold more priority. However, you are doing your best to make a payment arrangement, so your phone, internet, cable, gas, electricity, or whatever won’t get shut off. The next question the collector will ask is if you could borrow money from a friend or family member.
Obviously, you have already thought of this. In fact, you have wracked your brain trying to think of someone who could help. If you could borrow money from a friend or family member, you would have asked them already. It would be easier for you because you would not owe interest, or have to make a payment arrangement to begin with. You could simply pay the bill and be done with the stressful thought of getting your utilities turned off. However, the truth is, everyone you know lives paycheck to paycheck. You do not have a rich uncle somewhere that has millions of dollars to hand out freely. Even if you did, that does not mean he is going to help you out.
On the flip side, maybe you have not asked anyone for money because you do not want to burden them with your problems. You just do not feel right asking your mom or brother or best friend for money. Not only are you prideful and do not want them to know your financial business; you are not sure when you would be able to pay them back. You do not want money to come between your relationships. You have seen the judge shows filled with episodes of best friends of ten years. Their relationship goes sour over a couple hundred dollars. Sometimes things are more important than money.
Nevertheless, you still need to pay your bill. Hopefully, the collector can take a payment arrangement. If not, now what? Let’s face it; you need help paying off debt. If you cannot turn to a friend or family member for money, what is your next option? You do not have anything of value worth pawning, and the things you do own, you do not want to part with! You need to try not to stress out …
There are a number of ways you can seek help paying off debt without bothering your friends and family members with your money problems. There are debt help plans like debt consolidation, debt settlement, and bankruptcy. You are not a professional when it comes to these complex debt relief programs. Therefore, it might be a good idea to contact an attorney with experience in this particular field.
When you call your lawyer, you may get a free consultation. You need to explain to him or her your personal situation with debt, and that you need help paying off debt. If you do not know all of the companies you owe or how much, you lawyer will request a copy of your credit report. This will show any outstanding balances from payday loans, cash advances, credit cards, unpaid bills, and other past due loans. It will also detail the amount you owe, how delinquent the case is, and the contact information of the lenders or debt collectors.
Your attorney can now take over this matter entirely. You will not receive any more harassing phone calls from creditors after you hire a lawyer. All the calls will be redirected to your lawyer, where he or she will offer debt settlement solutions or debt consolidations. You will most likely be able to pay less interest and a smaller amount in general. If you can pay 50% of your bill all at once, you may be cleared of your debt. However, each case is different, so you must discuss with your lawyer what is best for your personal situation.
When you need help paying off debt, you should not be embarrassed. There are millions of Americans in debt. Most families live paycheck to paycheck, which makes it hard to cover all miscellaneous expenses or emergency funds. However, there are debt relief programs available. Contact an attorney today if you need help paying off debt. Before you know it, you will be debt-free with a good credit score.