Archive for November 17th, 2008

i am in trouble asked:


I am confused, and I have a question. The original debt I had from Bank was $10000two years ago when I stopped payment. And the collector claimed that it is $16000 with interests(I asked the breakdown but they never provided). If I sign up for the debt management program, which amount of debt I should based on? 10000 or 16000?

Categories : Debt
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Miss T asked:


I hear that debt settlement companies are rip offs.

Categories : Debt
Comments (2)

rubix110 asked:


Last may we decided to consolidate our debt and made payments to a debt relief company who would begin negotiations as soon as we paid the finance charges. Never got that far b/c our state passed law that said they could not do business with us, we got refunded. In the meantime we have been turned over to collection agencies, should I negotiate with them on my own?

Categories : Debt
Comments (3)