Debt consolidation

Question: Does anyone have recommendations or warnings about the various debt >consolidation organizations out there? Ameridebt, Ditech, etc.? I am >looking for first hand experiences if at all possible. We need to >consolidate our credit cards, student loans, etc. and a home equity >loan will not work in our situation. Please respond privately to >j_t…@yahoo.com.

I’ve heard of people who lost their homes, cars, savings, etc. because of these companies…. all they really do is add more financial hardship to your already overloaded situation.

Answer: I can’t say enough good things about the information available at: http://www.budhibbs.com Sure, it’s no debt consolidation company, but that’s the direction I was heading almost a year ago when I started following the advice on this website. I got my ass out of hot water pretty fast (less than a year).

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