Help with Debt Settlement Company
Date: Wed, 05/27/2009 - 19:39
I am new to the forum and am considering Debt Free Associates, but they use Global Client Solutions and Rocky Mountain Bank and Trust which have a lot of negative consumer complaints. Does anyone know of a reputable company?
I have a lot of credit card debt over 100K, and am no longer sleeping because of financial anxiety. I am feeling pretty hopeless at this point and totally overwhelmed. This month will be the first month I miss my payments.
I have tried to settle with Chase, but they offered me 85% and I'm guessing that's because I haven't been delinquent in 13 years.
Any advice will be greatly appreciated.
I have a lot of credit card debt over 100K, and am no longer sleeping because of financial anxiety. I am feeling pretty hopeless at this point and totally overwhelmed. This month will be the first month I miss my payments.
I have tried to settle with Chase, but they offered me 85% and I'm guessing that's because I haven't been delinquent in 13 years.
Any advice will be greatly appreciated.
The creditor agrees to settle your debt only if they consider it
The creditor agrees to settle your debt only if they consider it as a bad debt. Now, since you are regular with your payments till date, they will generally not agree to settle it. You need to be delinquent for a couple of months and then negotiate for debt settlement. You can either settle your debts yourself by negotiating with your creditor directly or register for a good debt settlement company.
