debt settlement

Yes you can, however, it really depends on how aggressive the attornies collecting the debts are. I'm certain that some of the attornies would be willing to settle, but a lot of posters here have negative experiences with the collection attornies.

If you go through the settlement program and are sued for the debt, I don't imagine that the settlement company is actually going to represent you in the courtroom. As settlement usually entails paying a fee to your company, then building up an account to negotiate with, some collectors do not have the patience or desire to settle.

I'm not saying don't try to settle, I'm only trying to make you aware of what could happen.

You need to find out who bought the credit cards and call them before you invest your time or money into debt settlement. Pull your credit report from annualcreditreport.com , you can get a free copy from each of the three reporting companies there. You can find out who bought it because they will be reporting on your report.

May I suggest pulling one, if the information you need is on there, wait to pull from one of the other agencies for a few months. You only get one free one a year from each reporting agencies, if you pull them months apart you can monitor change. goodluck

yes you can but you need to get more info on the current account holding under that card as mentioned above.

Yes you can opt for debt settlement. But before you try to settle the debt, check the statute of limitations. In my opinion you should determine whether the statute of limitations for collecting the debt in your state has past or not. If the debt is older than the statute of limitations, then tell the attorneys that it is an uncollectable debt.