Settlement Offer on lawsuite against junk debt buyer

To Guest, who asked "When you went to court on the one debt, was it actually a debt you owed, or was it someone elses debt?"

I'm assuming you are one of these posters who strives to hold everyone accountable regardless of the circumstances? If not - sorry for the assumption. If so, I never deliberatly skipped out on what I owed - sorry to burst your bubble - financial hardships led me down this path. It happens often & hardworking, honest people suddenly have to choose between buying groceries or paying the electric bill. CC debt is pushed aside when people can barely afford to put food on the table.

In answer to your question - the debt was charged off by original cc co. in 2003. I stopped paying in 2001 when I became unemployed & often received no child-support. It took years to find a good job & even then they pay was not that great. It took me 5 years to work my way up & I'm proud to say I'm now an Executive Assistant and make fairly good money. Yet today's economy always seem to make my salary seem small - rising healthcare costs, gas prices, etc.

Through this site I learned that Midland Credit & 1st National are junk debt buyers. After leaning what junk debt buyers are all about I was angry. Why should I pay them the full amount due to original cc co. when they more than likely paid pennies on the dollar to own this debt? I was prepared to pay them what they actually paid on my debt & not a penny more.

Now, if this was the original creditor coming after me I would have felt obligated to take care of my debt. But feeling obligated to pay a junk debt buyer the full amount??? NO WAY!

The fact that they could not even prove their case in court speaks volumes!