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MarketWatch.com: Your Options if Credit Card Debt Getting You Down

by Peter Andrew

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MarketWatch.com:

Your Options if Credit Card Debt Getting You Down

Yesterday's MarketWatch

article by Gail Liberman and Alan Lavine runs down some

options if you are in credit card debt and need a lifeline.

While going to your credit card company and asking for a lower

interest rate or a "debt workout" might help, watch

out for the possibility of a ding on your credit report as a

result.

New

bankruptcy rules have made Chapter 7 bankruptcy harder -- Liberman

and Lavine suggest going to this

site for a "means test" to determine if your financial

situation would qualify you for this type of debt protection.

 

Published 12/13/05 (Modified 05/07/12)


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