Banks Forced to Forgive or Modify Cardholders Debts!

Lower YOUR Rate, Payments, or Principal Now!
Much public attention has been paid to efforts at modifying mortgages to keep borrowers from losing their homes. But in another battered corner of the credit market, credit card issuers are quietly negotiating with borrowers rather than giving up entirely on millions of debts. Lenders are looking to restructure credit card accounts by lowering interest rates or minimum monthly payments for a specific period of time, waiving fees, or settling the debt by accepting less than what is owed. -Washington Post
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Do you have a Qualifying Hardship from the list?
Your Current Debt Payments /month
Modified Payments You Can Afford
Be reasonable (If you're paying $4000/mo, don't ask for $500/mo.
Something has changed and you are worse off
Income is delayed
Illness
Loss of Job
Failed Business
Job Relocation
Death of Spouse, Co-Borrower or Family
Incarceration
Divorce
Borrowing money/using credit cards to make ends meet
Military Duty
Reduced Income
Medical Bills
Prolonged illness
Living on Fixed Income

Qualifying Hardships for Debt Forgiveness
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Total Credit Card debt
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