I attempted to settle my own credit card debt, but all credit cards refuse to settle. They would rather wait until I’m 90 days late, charge it off or sell it to an agency and have me settle with them.
Any clues on how I can buy my own debt at 12 cents on the dollar like the credit collection agencies do?
I mean i heard after 6 years or so your credit card debt is written off, but if during those 6 years you get letters from different solictors, agencies etc does this include the 6 years or is it restarted from the beggining when to a another agency?
We started a program with “Consumer Credit Counselors” This progarm has us pay the Consumer Credit Counselors, then they pay the credit cards every month. All they do is lower some of the interest rates. They don’t negotiate amount owed. The payments are too high for us, so we looked into other alternatives. We found one company that will do it differently for less. They have you pay into an escrow account, and they pay off each credit card individually. They say they negotiate lower balances and interest rates. The payment would be lower and the payoff time cut in half. Does anyone know of any reason we shouldn’t do this? Are there any other better ways? WHAT IS THE BEST WAY TO GET CONSUMER DEBT RELIEF with no loans?
Just wondering what the average is. My husband tells me everyone has debt, and I can understand my house and my car, but what is your credit card debt?
Maple Grove police
The following is a synopsis of some of the incidents that occurred during the week of March 4 through March 10, 2011.
Read more on Maple Grove Press & News
Embezzler admits guilt, gets 45 months
WENATCHEE — Former corporate bookkeeper Scott D. Brixey pleaded guilty Wednesday to identity theft and forgery, admitting he embezzled more than $250,000 from a Cashmere construction company via forged checks. In a Chelan County Superior Court hearing where Judge John Bridges sentenced him to 45 months in jail, Brixey, 49, apologized to the owners and employees of Bethlehem Construction, where …
Read more on The Wenatchee World
You can manage debt without a big income
Q. I have been trying to clean up my credit. But as a 31-year-old single mother who is not making a six-figure income, it doesn’t seem as if I am ever going to get my head above water. Is it wise to file for bankruptcy? One of my goals is to eventually buy a home instead of living with my sister.
Read more on Detroit News
I have a son who I have put through a private Catholic High School (not cheap!) and he is on to college in 2007. I bought a modest house last year. I receive no child support. I carry a balance on my credit card (low interest rate) and I pay as much as I can every month. I am never late and have an excellent credit rating.
I’m wondering if the balance I carry is high/average compared to rest of US? Of course, I’d love to pay it off, but with the mortgage, tuition, expenses, etc. I cannot.
Is the Statute of Limitations on credit card debt, determined by the state you currently live in or where the debt originated?
I have a debt that I stopped paying on in Jan 2002. I acquired the debt while living in Texas and stopped paying it while living in Texas. My husband is military so we have lived in Missouri for the past 4 years.
The SOL for TX is 4 years for open accounts (credit cards) and for MO it is 5 years. Either way, the SOL has run out on this debt, however I am still wondering which would apply to us since we are military? We claim TX as our home/residence.
Thanks!
This debt was sold to a debt collector years ago.
I have known others that have written cease and desist letters so I am not so sure that SOL on card debt is a “myth”.
I recieved a 1099c form from a credit card company for a settled credit card debt. The amount is for $10,000. I only make $31,000 per year. Will I end up owing on taxes due to being in a different tax bracket?Will the debt finally be gone?
Damon’s credit card rejected
Matt Damon was left embarrassed and annoyed when a wine store clerk recently rejected the actor’s credit card because he wasn’t convinced his customer was the Hollywood star.
Read more on Toronto Sun
Credit card scam uses auto-call system to try to trick residents
The Jasper County Sheriff’s Office has received information on another credit card scam. Residents are receiving calls from an automated system which makes them sound more like a customer service call. The
Read more on KFJX Pittsburg
Experian says Hampton Roads is 6th nationally in credit card debt
Hampton Roads ranked sixth in the nation for personal credit card debt at the end of December, according to data released Wednesday by credit reporting agency Experian.
Read more on WTKR Norfolk
I have about $23,000 in credit/medical credit card bills. I tried personal loans with 2 different banks, but I didnt qualify because it was it was considered “too much unsecured debt”.
Powered by WordPress. New Golden Gray theme by William Pramana and Samuel T Trassare.