Before settling on any old debt, check the statute of limitations on your debt.
Entries Tagged as 'settling debt'
Beware of Debt Settlement with Junk Debt Buyers
November 17th, 2011 · No Comments · Debt Settlement
Tags: bad debt buyers·debt·debt buyers·Debt Settlement·Junk Debt Buyers·settling debt·Statute of limitations·zombie debt buyers
I’m Being Threatened with a Credit Card Lawsuit
January 25th, 2011 · 4 Comments · Legal Stuff
Q. I owe Capital One $8,000. I have been contacted by Nelson, Watson & Associates to collect on my Capital One debt. I offered them $2500, more than 25%, but they rudely refused and said they want payment in full. They also have threatened to sue or take me to court. My husband was unemployed [...]
Tags: cease and desist·community property·Debt Settlement·Fair Debt Collection Practices Act·get a judgment·legally sue·settling debt·sued for debt
Bank of America Less Willing to Settle Credit Card Debt
December 7th, 2009 · 8 Comments · Credit Cards
We’ve been doing blog posts on how willing the banks were to settle credit card accounts for less than owed. Apparently this practice is coming to an end. Why? The financial situatuion for Bank of America is definitely changing – they are now so flush with cash that they are repaying the money they received [...]
Tags: B of A·bank bailout·bank of america·Chase·Citibank·Credit card debt·Credit Cards·defaulting on your cards·discounts in rates·negotiating debts·settling debt
