Learning

One topic thing missing in all of these posts is that nobody is talking about ACTION. ACTION is the way this program works. Without it Tom321 has a lot of good points. With ACTION you have a good case for new Terms & Conditions. What I mean is this:

1. Send them a letter with your bill that asks them to consider the changes you are requesting to the terms & conditions. You send a payment, for your normal monthly payment & whatever you have over due. This shows your compliance with the current terms and conditions. You attach a second check for 10 bucks with terms and conditions attached to it. The new terms can say you want 0% interest and 10 dollar minimum payments from now on. You give them CMS's name and address and tell them if they accept they now have to deal with CMS. You should be clear in stating that you are trying to negotiate your terms and that they are not in any obligation to accept them. If they deposit your check then they are accepting the new terms attached.

Tom321 has said before that you can’t do this. But I have in the past. I have sent proposals for term negotiations. I have asked credit card companies to consider changing my interest rate from 20% to 10% and they have been accepted successfully even though my terms say that I can’t send them letter requesting changes. You can always negotiate terms & conditions, which is part of contract law.

2. If the cc company deposits the second 10 dollar check it shows ACTION to the agreement.

3. If the cc company starts sending bills to CMS or whoever is working on your behalf this also shows ACTION to the acceptance of the new terms.

4. If the cc company continues to accept all of the 10 dollar payments from CMS from the bills they have sent to CMS this shows long term ACTION.

5. If the cc company does items 1, 2, 3, & 4 then it is reasonable to assume they are in agreement with the new terms and conditions. This seems like a very good argument in court. The question is will the cc company do this? CMS and other claim they do.

I have not tried this program but I am seriously contemplating it. My best friend has been telling me that I should try this program to get rid of my debt, but I felt that it was dishonest and did not want to pursue it. After I heard the pitch it did not sound so shady just plain contract negations. My best friend personally knows an employee that works for Integrity Debt Relief Group, which may be a branch of CMS I am not sure. But they are basically selling the same service. There office is local, I can walk in and say hello. My best friend has known this employee of Integrity Debt Relief Group for 20 years, and they are good friends. Everything I have heard from my best friend says this is legit. I’m not using names because I have not asked their permission to do so. If I do join I will make the names known and let you guys know how it’s working out. I have a close connection and can see these guys face to face.