Debt Relief Help For The Disabled Who Have Run Out Of Options
Debt relief help really IS available for people with disabilities. Are you disabled and in debt way over your head? You DO have options, even if you don't see them now.
Attention! There is no such thing as "debt relief grants" to help you clear your debts. They do not exist... with one exception.
Think about it. If the government paid off our personal debts, people would simply accumulate debts and then ask the government to pay them off. It just doesn't make sense.
Okay, the one exception is the Student Aid Disability Discharge program. If you're a disabled person with student debt, maybe you qualify. It's worth a look for sure!
If not, you DO have options. You CAN get debt help. Here. Now.
But first... where are you?
Feeling lost in the money maze?
Do you see yourself somewhere in these debt crisis doodlings? Are you faced with: unpaid or unaffordable doctor and hospital bills, caregiver costs, medication expenses, utility bills, credit card debt, collection agency calls, bailiff seizures, foreclosure, bankruptcy?
Take heart! You CAN escape the money maze and find some debt relief.
Finding Honest Debt Relief Help
As they say, "Good help is hard to find." And good honest debt relief help is nearly – but not totally – impossible to find. Watch this FTC video as your very first step in getting out of debt.
Okay, so Eileen has just told you what you already know (and probably don't want to hear again). What are your specific debt reduction options? You have only two really:
- Talk Your Way Out – For this, you need negotiating skills or help.
- Pay Your Way Out – For this, you need money.
So let's take a look now at your two options and see how we can help in real concrete ways and not just shuffle you to another department so to speak.
The total of what you owe is usually the sum of two or more of a number of obligations such as these. It's rarely just one thing, but it could be.
- home mortgage
- car loan
- credit cards
- hospital bills
- doctor bills
- and so on
Now, visitors to our pages have enough trouble buying the essentials, let alone pay down debts. So the first option is to negotiate a complete or partial forgiveness of moneys owing. In other words...
1. Talk Your Way Out
This isn't easy. People get crazy when you owe them money.
If you're not a professional negotiator and you're trying to talk your debt down all on your own, it can be very stressful.
Also, it's hard to remain detached – as you should be – when you're arguing your own case. That's why you should seek professional advice.
A professional can advise you what to do and in some cases do it for you (negotiate on your behalf).
If ever you hire someone, follow the FTC guidelines to be sure you're dealing with a reputable party.
For additional background, visit our Dealing With Debt Collectors page. It was written for us by Gerri Detweiler, an industry expert who even tells you what to watch for when you're following the FTC guidelines!
2. Pay Your Way Out
Paying your way out means that you'll pay some or all of one or more of your debts and whatever you don't pay is because you've negotiated a settlement.
To pay off your debt, you need money over and above what you spend on life's essentials. This leads to two key questions:
- Do you have money to spare?
- If not, where can you get it?
Again, we recommend starting with this good advice from the FTC. It's often not simple to deal with your credit card and other debts. So the FTC suggests working with reputable Consumer Credit Counselors.
This includes operators of Income Based Repayment Plans.
A good consumer credit counseling service will help you reorganize your finances so that some of your income goes to paying off your debt.
But what if you don't have any income to spare?
That's the big question on the mind of nearly all visitors who come to Ability-Mission.org looking for grants as a form of debt relief help.
As you saw right at the top of this page, there's no such thing as "debt relief grants." They cannot possibly exist. If they did, everyone would be running up debts and then asking the government to pay them!
But there are solutions that use government grants and benefits for equivalent debt relief help!
Go to the Disability Grants page and learn how you can get grants and benefits for a variety of things.
It's pretty straightforward. Imagine getting some extra money to pay for medical and other expenses. What you used to spend on those expenses you can now use to pay off your debt! That's REAL debt relief help!
It really all starts with getting your story in writing, using our free editing service. If you really want to get out of debt, ask yourself this.
We make every effort to provide clear, concise and helpful information on these pages. Please contact us if you have any questions or comments.