Baysa Posted January 25, 2008 Report Share Posted January 25, 2008 Hello Everyone Just joined the forum...and I'm grateful for the information I've been able to gather from here. If I knew then what I know now....Anyway, I'm also trying to fix some of my credit card mistakes from the past.One is a Discover card account that has been assigned to an "attorney in the practice of debt collection" since 2003. Total balance is about $3500 (cc late fees included). I've already paid back around $1200.To make a long story short, I have been making monthly payments of $25 (all I can afford) since that time, mainly to stave off the calls/notices/etc. while trying to take care of other aspects of my life. That seemed to keep them at bay.After I received the first notice, I had replied to them at that time that I could only afford $25/month with legitimate reasons why. They replied by saying that it wasn't enough, and then two months later sent me an offer to pay 60% of the balance in a lump sum. Well at that time I just didn't have that money...couldn't borrow it either....and was just really tired of the many calls...so I didn't reply to their settlement offer and continued to pay the $25/month that they didn't seem to complain about.Now I'm thinking about writing to offer a settlement amount based on the amount I still owe. I have a strong feeling that they will refuse of course.Would welcome any advice on this matter. Link to comment Share on other sites More sharing options...
rmuse00 Posted January 27, 2008 Report Share Posted January 27, 2008 You might want to take a look at this link for more info on debt settlement. Good luck! Link to comment Share on other sites More sharing options...
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