Success :: Update 6.15.09

Well, today is a great day for my husband and I as we celebrate a success in our journey. Since this process will take about 3 years, we’re excited to celebrate each milestone as it comes and so today is important because it is the day that we fully paid off one of our creditors!

In 6 months, with lots of strategy and sacrifice, we paid over $9,200 to this one creditor that gave us a settlement deal of paying 75% of our balance with no more interest, as long as we did it in 6 months. Today, my husband made the call and paid the last payment – paperwork is on its way to us 🙂

We won’t be able to pull the same results long-term, but we are on a plan to pay our 5-year payment plans off in 3 years, so there will still be a lot of hard work and sacrifice coming.

But this one success makes it all feel a lot more possible!

Advertisements

3 thoughts on “Success :: Update 6.15.09

  1. Pingback: Which approach to paying down debt? « From the Brink of Bankruptcy

  2. Pingback: Which approach to paying down debt? | Debt Management - Thecreditcardfiles.com

  3. Pingback: Success :: Update 7.10.2009 « From the Brink of Bankruptcy

What's your thought?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s