Wednesday, July 15, 2009

I refinanced my home and "paid off" all credit card debts of mine and my mothers. Due to a

time between the closing and payoff, the interest on 1 card of my mom%26#039;s was around $1500.00 My mother died, and since my name is on that card, too, I%26#039;m being dinged for that amount. The card co. closed the account which we had had (in very good standing) for over 30 years. Due to ongoing bills I%26#039;m being forced to sell our house - it is on the market now. I have almost no income and will obviously owe several people (mortgage co. especially) upon the sale. Would it be possible to negotiate with the card co. to open the account up again, with full credit, and let them put a lien on the sale proceeds? Is that too far out or a reasonable out for me to pay off regular household bills?



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

If the credit card company hasn%26#039;t sold off the debt to a collection agency (charged-off) then you may be able to negotiate something with them, especially since the account was in good standing for thirty years.



Call them, it never hurts to ask.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

Why would you want a credit card? Learn to pay with cash.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

Live with the mistakes you make. Start anew and next time remember all the lessons you have learned. Things like: if you borrow money it is your responsibility to pay it back in time and refinancing seldoms solves problems. Live without a CC is also a good option for the future.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

Doesn%26#039;t cost anything to ask. Suggest you call them and explain things.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

It%26#039;s better to leave the credit cards alone. If your out of debt after the sale, just pay cash.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

I would encourage you to seek credit counseling in your area. If you have no income at all, and your only asset is your house, there may be ways to preserve that asset. Many areas have credit counseling that is provided free of charge by various non-profit organizations. Check with your Better Business Bureau - they may have names you can contact and that should keep you from getting sucked in by some %26quot;credit repair%26quot; hustler. Good luck.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

i%26#039;m sorry you%26#039;re going through finacial difficulty. the damage has been done and i%26#039;m afraid that there is no loyalty within the credit card game, especially after they have closed the account. You can try it, but expect the worst.



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

If you cannot get the cash to pay the household bills how you going to pay for the credit card?



I refinanced my home and %26quot;paid off%26quot; all credit card debts of mine and my mothers. Due to a slight lapse in

blah blah blah

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