[ifucan]

In desperate need of help/advice. Was in business several years, but due
to the economy, as well as some poor business decisions, my business has failed and I am now well over $250 K in debt. Most is primarily credit card debt, but also some late payments on mortgages and car payments. I realize it will take a long,long time to get my credit repaired and rebuilt, but need to know where and how to start.

I am building myself back up financially and getting back on my feet. I have loan modifications on my mortgages (primary and rentals) and also with 2 cars(mine and my spouse). With those worked out and in tow, what about the credit cards? Roughly about $300 K in debt on those (yep $300,000.00!!!). However I am slowly bringing back in significant money so I can pay these down and eventually off. I've dealt with the roaches that work for collection agencies (calling me non-stop, calling my neighbors looking for me, claiming there would be a law suit if I don't pay or make an arrangement w/them,etc.).

So what do I do? Do I call the CO'S and offer settlements or the CC companies directly?? I know a credit repair company can't help me till I have all these paid off.

I just my credit repaired and built back up and my life back! Any advice greatly appreciated. :confused: