My capital one credit card collections came in around 2 years .. I contact an alliance on the settlement of my debt. i owed some $ 1,350 and settled for 950 to pay more than three months and then my account is settled. Was this smart? How will you look for in my credit report? will my score goes up to pay down this debt or because the conflict? thanks
Congratulations on taking this step to clear his debt. Do not be disappointed! To settle your account only has a positive impact on your credit, especially as time passes. One thing you should take into account is that you have to pay taxes on the difference between what you owe and the amount of final liquidation. That savings is considered taxable income by the IRS. Yet well, it is totally worth it to clear their debts and set yourself on the road to financial habits. Best of luck to you ..
Credit Card Debt Trap – Part 1 of 10 – Dateline NBC…
– debtfreedomination.com Is it legal to resolve your credit card debt, then the creditor sells the balance to another Co?
I was on the verge of bankruptcy two years ago and my parents generously offered to let me go home for a year to get my credit squared away. In that year, I managed to settle my debt to all my creditors almost for about half to 2/3rds of the original debt. For example, my debt to a credit card was approximately I settled for $ 1,800 and $ 1,000 and paid off. A year later, I’m starting to receive letters from the various creditors claiming he owed $ 800.00 them now as they have acquired the balance of my debt collection agency for the last time. Is this legal? Why should I bother if the solution may turn right around and do pay the full balance anyway? I live in Oklahoma, if that matters.
DO NOT pay them anything and tell them that you have resolved the debt original with the original company. If you must insist that the money they say they have documentation to demonstrate that the debt was settled, and if you report to credit companies, you are going to file a claim for unfair debt against him. very energetic and I wanted, but never pay them a dime. If it does, as an acknowledgment of the debt.
Credit card debt relief and consolidation programs help many today with the U.S. economy Near an impasse in terms of growth, Debt Relief Program National explains how credit card debt relief and consolidation are now benefiting thousands of Dateline NBC – Credit Card Debt Trap Part 2 of 10
Has anyone ever used Financial Solutions Legal Center to help resolve the credit card debt?
I was thinking of using these people to help consolidate my credit card debt and settle my accounts for less. I have looked up on the BBB and have an A rating and no complaints. Still I'm not sure yet your paper work looks good too. Just do not want to be ripped off or have a problem … I am apprehensive about all I want to make sure you are well. Does anyone have any experience with them or know how much they really help?
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