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A Suckers Rally
Posted by Jean
As a follow up to my last post, here’s a video of my Today segment this morning on the same topic:
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In my case, I went to NFCC, filled out their requested info on CC bills etc (I owe about 50K in CC and car payments). I am unemployed and have been for months now, blown through whatever savings I have and unemployment covers the bare minimum to sustain life. The response from NFCC was I should seek legal assistance – which means bankruptcy. NFCC sure didn’t help me with their DMP plan. What else can I do? Is a bankruptcy my only option?