Payment Arrangments..
Date: Thu, 12/04/2008 - 00:43
I currently am working with
Alliance One - $1200
P. Scott Lowery - $8400
National Enterprise Systems (TERRIBLE) $1500
John P Frye. (TERRIBLE) $8000
Capital One $2800
Rausch Strum Israel and Hornick $1800
Dell - $3500
Trauner, Cohen & Thomas, LLP for $2600
I was thinking of just sending them weekly payments out of my checking account.. $25 a week.. until i get them paid off.. they will NOT agree to this.. but if i do.. do you think they will be happy? and not sue? I stopped paying on these debts last year.. most are charged off.. a few sold..
Can they get my account infomation from my checks and try to take more money out of my checking account?
Any help would be great
It's good that you are trying to make good on your debt. I would
It's good that you are trying to make good on your debt. I would first worry about the ones with the creditors. Send them something but keep calling to try and work arrangements. Sending them payments below what you are required to send will not stop them from taking legal action if they decided to do that, they may or may not.
** I found this letter.. i think will will mail to them.. it sho
** I found this letter.. i think will will mail to them.. it shows good faith.. i hope it works.. ***
RE: Account #
To Whom It May Concern:
According to my records and your {phone call or letter} the balance of this debt is $_____. I am not disputing this debt however; my current financial situation prohibits me from paying the amount you're demanding. I am able to make payments on this account every {insert date of month} to your company in the amount of $ _________.
I would appreciate a call from you confirming your acceptance of my payment terms. However, if I do not hear from you, I will consider your cashing or depositing my check as confirmation that you accept my payment terms. If you do not accept my terms then I expect the enclosed payment to be returned to me immediately in the enclosed self-addressed stamped envelop.
As a show of good faith I've enclosed my first payment in the amount of $________. If my financial situation improves enough for me to increase my payment amount I will contact you immediately. Thank you for understanding.
YOUR NAME HERE
Rausch, Sturm, Israel & Hornik
I have been trying to work with with this company.. and they are TERRIBLE.. WILL not work with you!!! I don't understand how all the collection agencys want FULL amount due now and won't work with you.. if i have that kind of money.. then i WOULDN"T be late.. duh.. i want to work with them..