Legal Question in Consumer Law in Florida

Debt Reduction

I have a %52,000 credit card debt. My annual income is $39,000 and I own a home (11 yrs., $125,000). My present mortgage rate is 5.95, and I have not been delinquent or missed any debt payments. To reduce this debt, which of the following should I consider? Refinancing my present mortgage, home equity loan, debt consolidation services, or banckruptcy?


Asked on 8/16/06, 10:37 pm

1 Answer from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Debt Reduction

either a,b or d. Better is for you to consult with competent creditors' right counsel,who can give advice for your situation after reviewing all paper work and documentation.

Read more
Answered on 8/17/06, 7:36 pm


Related Questions & Answers

More Consumer Law questions and answers in Florida