Comments on: Do It Yourself Debt Settlement: How To Negotiate With Collection Agencies http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/ Where Everyone Is Approved Sun, 09 Oct 2011 12:12:27 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Maureen http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-1457 Maureen Sun, 09 Oct 2011 12:12:27 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-1457 Hello, My ex husband and I had a second mortgage for $130.00 on a home that was forclosed on in Arizona in 2008. While I knew about the forclosure I thought the 2nd was also part of the forclosure as well. I have not heeard anything until now Oct 2011. I was contacted by a third party for an amount that is now $146,000 because of interest. I explained that the home was forclosed on in 2008. He said it didn't matter that I was responsible for the debt and the interest as well.I contacted the back in which the loan was hel and they told me they had originally closed it out in August of 2008. Can they still come after me after 3 years and with the interest? Hello,
My ex husband and I had a second mortgage for $130.00 on a home that was forclosed on in Arizona in 2008. While I knew about the forclosure I thought the 2nd was also part of the forclosure as well. I have not heeard anything until now Oct 2011. I was contacted by a third party for an amount that is now $146,000 because of interest. I explained that the home was forclosed on in 2008. He said it didn’t matter that I was responsible for the debt and the interest as well.I contacted the back in which the loan was hel and they told me they had originally closed it out in August of 2008. Can they still come after me after 3 years and with the interest?

]]> By: Chris http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-1284 Chris Mon, 15 Aug 2011 19:21:29 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-1284 Mary Ann, I'm sorry to hear about your situation. I wish I could give you a simple answer to this problem. Here are a couple of things you can do. First off, look to see if the card has been canceled by contacting the credit card company so no more debt can be racked up. Next, you want to look into doing a credit freeze so no one can access his credit or open an account of any type. Finally, contact the creditor and explain your situation they may be able to negotiate a settlement. To solve this issue you may have to higher an attorney who be able to help you solve this issue. I know this may not be what you want to hear but it may be your only option. Mary Ann,
I’m sorry to hear about your situation. I wish I could give you a simple answer to this problem. Here are a couple of things you can do. First off, look to see if the card has been canceled by contacting the credit card company so no more debt can be racked up. Next, you want to look into doing a credit freeze so no one can access his credit or open an account of any type. Finally, contact the creditor and explain your situation they may be able to negotiate a settlement. To solve this issue you may have to higher an attorney who be able to help you solve this issue. I know this may not be what you want to hear but it may be your only option.

]]> By: mary ann migallen http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-1283 mary ann migallen Mon, 15 Aug 2011 17:09:08 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-1283 please help..my husbands ex wife use a credit card with their joint account..they are 9 years divorce and my husband is not really aware that she is still using the credit card if only found out when the ex-wife is not paying the debt amounting to $18,000.00 last month. the collection agency is bothering us..the ex-wife can't pay anymore as she was comatose right now and can't pay..Please help..what is the best thing to do..we are not aware of all this expenses.....help us.... please help..my husbands ex wife use a credit card with their joint account..they are 9 years divorce and my husband is not really aware that she is still using the credit card if only found out when the ex-wife is not paying the debt amounting to $18,000.00 last month. the collection agency is bothering us..the ex-wife can’t pay anymore as she was comatose right now and can’t pay..Please help..what is the best thing to do..we are not aware of all this expenses…..help us….

]]> By: The Fast Way To Paying Off Your Debt | COD BLack Ops - Quality Writings About Everything! http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-1117 The Fast Way To Paying Off Your Debt | COD BLack Ops - Quality Writings About Everything! Sun, 03 Jul 2011 15:07:01 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-1117 [...] DIY debt settlement plan brings two big benefits to the table.  First off, it’s completely free unlike the other [...] [...] DIY debt settlement plan brings two big benefits to the table.  First off, it’s completely free unlike the other [...]

]]> By: Debra http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-991 Debra Sat, 14 May 2011 21:43:58 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-991 my son allegedly owes a Chase First Card that was stolen years ago and now in collection. The credit line was $300.00 now, fours years later, $1400.00 and ruined credit and a jugement. He i s unemployed college student. help my son allegedly owes a Chase First Card that was stolen years ago and now in collection. The credit line was $300.00 now, fours years later, $1400.00 and ruined credit and a jugement. He i s unemployed college student. help

]]> By: Chris http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-978 Chris Mon, 09 May 2011 19:19:30 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-978 I would not pay them! I've heard if they get you to pay on deals like this you may end up having to pay the debt entirerly. You may want to ask a lawyer as well. I would not pay them! I’ve heard if they get you to pay on deals like this you may end up having to pay the debt entirerly. You may want to ask a lawyer as well.

]]> By: Terry http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-977 Terry Mon, 09 May 2011 17:31:37 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-977 I am a guarantor on a auto loan that went bad and just learned of if 5 years later. The vehicle was repossesed and sold at auction but I never learned of this until it went to collection. In fact, I never was informed it was going to collection. The creditor is seeking payment for the vehicle but has not told me what I owe, why it went to collection without notifying me and didn't give me the opportunity to sell the vehicle myself and pay them the difference. FYI, the original agreement was signed by my then existing S-Corporation and the loand docs has both me (as a signer) and the Corporation as the entity responsible for the loan. The S-Corp has been disolved since I believed the debt was being serviced by the defaulting party who has since declared bankruptsy. What are the best options for this situation? I am a guarantor on a auto loan that went bad and just learned of if 5 years later. The vehicle was repossesed and sold at auction but I never learned of this until it went to collection. In fact, I never was informed it was going to collection. The creditor is seeking payment for the vehicle but has not told me what I owe, why it went to collection without notifying me and didn’t give me the opportunity to sell the vehicle myself and pay them the difference. FYI, the original agreement was signed by my then existing S-Corporation and the loand docs has both me (as a signer) and the Corporation as the entity responsible for the loan. The S-Corp has been disolved since I believed the debt was being serviced by the defaulting party who has since declared bankruptsy. What are the best options for this situation?

]]> By: Vallerie http://www.mydebtreliefoptions.com/2010/03/23/do-it-yourself-debt-settlement-how-to-negotiate-with-collection-agencies/comment-page-1/#comment-637 Vallerie Sun, 27 Feb 2011 11:19:47 +0000 http://www.mydebtreliefoptions.com/?p=128#comment-637 Hello, I have a problem and no one seems to be able, or willing, to help me or at least answer my questions. I have an old debt form another state (Date of last activity June 2005) that I was contacted about three months ago (Nov. 2010). To buy myself some time I sent them a letter of verification(Dec 2010). They sent me the verification and I have since reviewed it (Feb. 2011). Now, if you do the math this debts SOL is about to run out. Four more months and I could just send them a SOL letter and be done with it. The SOL where the original credit card was opened is 4 years and the SOL where I'm at is 6 years. What is my best course of action here? Any help is MUCH appretiated. Thank you! Hello,
I have a problem and no one seems to be able, or willing, to help me or at least answer my questions. I have an old debt form another state (Date of last activity June 2005) that I was contacted about three months ago (Nov. 2010). To buy myself some time I sent them a letter of verification(Dec 2010). They sent me the verification and I have since reviewed it (Feb. 2011). Now, if you do the math this debts SOL is about to run out. Four more months and I could just send them a SOL letter and be done with it. The SOL where the original credit card was opened is 4 years and the SOL where I’m at is 6 years. What is my best course of action here? Any help is MUCH appretiated.

Thank you!

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