ZwickerAMX

I do not know what you mean about those who want only business. That aside I will tell you that I owe AMEX around 6000 dollars but I am not even sure. Do not deal with any collection agency that has your account. It will go back to AMEX and you will have no proof that you paid anything to the collector. Amex has become in recent years, pretty easy to deal with. Send a letter to any collector telling them that you will only deal with the original creditor, AMEX. Yes you are right in one aspect, many debt settlement companies are scams. Settlement as opposed to consolidation.

Did you receive your correspondence directly from Zwicker? The reason I ask is that I received a letter today on AMEX letterhead that said I should contact Zwicker about arranging a payment plan.

I say it never hurts to ask, so I would call AMEX. The worst they can say is "no".

Yes I did receive a letter and a call "deep low voice saying this is a call trying to collect a debt, we are attorneys but I'm am not an attorney" kind of thing, scared me at first, until I realized for now, they are just another collector. Anything I read on Zwicker is to only to a one time payment settlement - nothing but horror stories on payments being credited wrong -- so if I settle with them I'm going to just do it once, and make sure I get the correct paperwork.

i wouldnt be too concerned with the "threats" until you actually get a paper summons. Frankly they will say anything to scare you into a agreement. I would purchase a little notepad and place it by your phone and document times, dates, what was said, who you spoke with etc.

And if you do come to a agreement that is to your liking, im glad to hear you are going to be sure you have it all in writing before you give them a dime. I hear alot on this forum were people send them money and the company goes back on thier word. That would really stink.

Hey there. Im on the same boat. AMEX and dealing with Zwicker. 30k is what I owe. I also got the letterhead from AMEX offering a payment plan. %0 APR for 6 months. (doesnt do any good)

The issue I have is that im still being charged a 29% APR, thats 600.00 a month!!

When i call AMEX direct they wont deal with me. It seems Zwicker bought the debt.

I suggest we stick together here and keep eachother updated with our status. ITs going to get pretty dirty here I think.

here is my email
mindybone at yahoo dot com

Lets stick together.

It is unlikely that Zwicker bought the debt. They do, however, have a contract with AMEX that precludes amex from doing much, other than encouraging you to contact Zwicker.


Mileage may vary

Hello;
I settled with Zwicker on an Amex account back in January for 55% of a $10,000 Amex account. I dealt with a rep who was very pleasant. We set up a 3 payment plan for Jan, Feb and March, and this month I received a letter from Zwicker saying my account with Amex is settled in full and I am not responsible for any further payments with Amex. It appears to be legit...I certainly hope so! For the record, I could not get them to budge on the 55%.

Zwicker sent my account to Apothaker.....they sued me.....I answered and now Arbitration hearing is set for Oct. Zwicker offered 55%...no help to me because they want all upfront with no payment plan