Thank you for that answer and I have no accounts that directly tie me to the financial institution so that is at least an advantage. My next question is this, I had good credit, it is slipping because of recent inquiries, but my debt to income ratio is hurting me, so consolidation loans, unsecured loans, are all out of the question. Credit Counseling is not an option because that really only helps people that have high interest rates and lowering that inevitably cuts their payments, that's not my case. I recently refinanced my house, in an effort to free up money a month, and it did, lower interest rate, only to have my mortgage increase higher( a few months later) than before my refi because of my mortgage companies error with my escrow account!!!!! My financial situation has changed drastically but I am still able to afford my house(even though the increase in monthly payments and term) make me sick, my house and my bills associated with it. It is all credit card debt that is putting me behind the 8 ball. Any suggestions????!!!!
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).