OH MAN,....I wish I had a magic mirror

Reny, if it didn't work with T&C (a dmp program) have you considered filing bankruptcy?

I'm not saying to file BK, but did you consider it, and if so, why did you not file instead?

Reny I know it seems like a vicious circle right now but all you can do is head them off one by one. Just do the best you can with the resources available. Keep your chin up!

Hang in there Reny! How much debt do you owe to your creditors, if you don't mind me asking?

I did our debt myself, and did what you stated. I took any extra money-this after we scrimped, did without, etc., and applied it to my lowest amount cc, along with the payment. Any extra ten or twenty during the month went there also. After I go that one paid off, I took that payment and put it towards my next lowest balance cc, and so on.

To date, all of out debt from them is gone, and I am "just" dealing with a CA on a debt that started in 1984 :lol:

This is also to say, that our debt was't as big as some I have seen on here, so this may or may not work for you.

We are here to help support you in whatever decision you choose..karen

What if you basically follow your plan of paying them off one at a time, but giving first priority to any who are willing to settle for less (and let them all know that's what you are doing)? Also, you could take a portion of your extra funds and put them in a "lawsuit protection" fund? That way, if anyone did decide to file suit, you would have some available funds to negotiate with.

Hang in there, and good luck!

I called the settlement company back this morning to tell them we didn't want to use them. So of course they called me back asking why? I told them their fees were to high, they were going to take the first 3 months of pmts for themselves, and we already have the collection agency on our backs, and we didn't feel they could offer any more "sueing" protection then we could for our selves. So they offered to lower the fees by $1000, and to only take our first month's payment for themselves. p;us of course they assured me there was a lot they could do to assist with a law suit or garnishment!! .....I still don't think its worth it. Thanks Reny

Haven't you been with them for awhile? How much have you already paid them in fees?

If I remember correctly, you didn't really want to deal with everyone yourself, but if you feel up to it, I think doing it yourself is a good thing. Then you have control of your own money and you always know where things stand.

Also, as Desperately said, have you considered BK as an option? I know it's not right for everyone, and I fought it for a long time. But now that we've done it, the relief is IMMENSE!

You'll figure it out. Just keep evaluating your options until one of them feels right!

Actually, I just remembered, I think you said that you had done BK a few years ago, so maybe it's too soon for that to be an option?

Still, as I said, you'll figure it out!!

yep that's the issue with BK...We were with T & C a dmp, not a settlement company

Have you checked into non-profit DMPs, through Consumer credit counseling Services? When I was exploring options, I found a place called nfcc.org. They list all of the member non-profit agencies, and you can find one that's in your area. Their fees are very reasonable. I think it was somewhere around $50 for the set up fee and $35 per month.