Credit Counselling Articles - Archive: December 2010

My husband recenty disclosed to me he had over $80,0000 in charge cards and a line of credit, we now have a home owners line of credit, and another 20,00.00 in credit card bills came in this week, I have excellent credit, 1 credit card with approx $200.00 on it, would you advise credit counselling. [...]

I was on a Debt Management Program from Credit Counseling. I owe $50,000 in debts when I first started with the program but then my income change and I could not afford to continue, so I just stopped making payments. By then, I only owed around $25,000 in debts. What will happen to my credit [...]