Q. My American Express account just went to a collection attorney. I also just enrolled in a debt settlement program to deal with this debt. The debt settlement program attorney states they will not make an offer until I have accrued at least 20%. I plan sending a letter to the collection attorney validating the [...]
Entries Tagged as 'Debt Settlement'
Should I Tell a Collection Agency I’m in a Debt Settlement Program?
December 13th, 2011 · No Comments · Debt Settlement
Tags: Attorney·being sued·collection agency·Debt Settlement·debt settlement guide·Debt Validation·lawsuits
My Car Repossessed and I Still Owe Money?
December 6th, 2011 · No Comments · Debt Settlement
Q. Creditor retained attorney to collect debt from a surrendered car. Deficiency balance? I have 30 days to respond with a validation request which I’m doing. My question is what if all is validated from attorney? What is the next thing thing to expect in their reply? Are they going to proceed with court action? [...]
Tags: Attorney·auto loan·car payments·creditor·Debt Settlement·Debt Validation·repossession·unsecured loan
Why Won’t Creditors Accept Settlement for Secured Debt?
November 23rd, 2011 · 1 Comment · Debt Settlement
If you are struggling to pay on your debts, make sure you make home and auto loans your number one priority. And if you have unsecured debts that have fallen by the wayside, consider your debt settlement options.
Tags: credit·Credit Repair·creditors·debt·Debt Settlement·old debt·secured debt·unsecured debt
Are You Neglecting the Most Essential Part of the Debt Settlement Process?
November 18th, 2011 · No Comments · Debt Settlement
When settling your debts, don’t make the mistake of forgetting the most essential part of the process in terms of how it will be reflected on your credit report.
Tags: charge-off·credit·Credit Repair·credit report·debt·Debt Settlement·paid charge-off·paid repossession
