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I have over $50,000 in credit card debt due to illness. Is there anyway I can reduce it? I am self employed.


ANSWER


The BIDaWIZ Team's Answer:

If you are eligible, you may file bankruptcy, and discharge the debt,

in bankruptcy. You may close the credit card account, and negotiate

a payment plan, with the creditor, or you may allow the account to become delinquent,

and then negotiate a settlement payment plan, with the creditor.

The BIDaWIZ Team

 

 

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