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WIthdrawing from Debt Settlement to go on your own...any experiences?

Date: Sun, 04/04/2010 - 12:30

Submitted by anonymous
on Sun, 04/04/2010 - 12:30

Posts: 202330 Credits: [Donate]

Total Replies: 5


We have been in a debt settlement program for over a year and not account has been settled. We have paid a boat load of fees and are highly dissatisfied. My question is...has anyone been in a program decided to withdraw to go at it on your own? If so, were the creditors willing to work with you and what are your experiences.

Thanks in advance.


Shazzer Please Help me!! I am going to the bank tomorrow to see if I can close my account and also see what there policy is for ach transactions on closesd accounts. I am going to have letters stating that I am revoking authorization for each pdl . I dont know if these 2 are legal Paycheck today and Great Sky Cash. I also stay in Georgia. By reading this site I know I should go to the bank first and not contact the pdl first, also I will use the template that was provided on this site. I got in this trouble because my Mother was dying and when she did die I needed more money. Also I dont know if my company can stop the direct depoist before this Friday from which the PDL will debit my account which will leave too short for my rent and bills. Then after the 4 renewal with PayCheck Today they start taking out an extra 50 along with the 90 they already have taken out. Could you tell me is these companies are legal and also I dont have a address for them. So I know I can e-mail them my letters. Am I on the right track, and if I am I dont know how I am going to do this by Friday when they debit my account.

Payday Today 300 paid - 975 paid out first time
Great Sky Cash- 300 have not paid out anything yet (Friday is when they are suppose to start debiting my account.


Please help me.


lrhall41

Submitted by Pensola on Sun, 04/04/2010 - 13:35

( Posts: 16 | Credits: )


Quote:

Originally Posted by Pensola
Shazzer Please Help me!! I am going to the bank tomorrow to see if I can close my account and also see what there policy is for ach transactions on closesd accounts. I am going to have letters stating that I am revoking authorization for each pdl . I dont know if these 2 are legal Paycheck today and Great Sky Cash. I also stay in Georgia. By reading this site I know I should go to the bank first and not contact the pdl first, also I will use the template that was provided on this site. I got in this trouble because my Mother was dying and when she did die I needed more money. Also I dont know if my company can stop the direct depoist before this Friday from which the PDL will debit my account which will leave too short for my rent and bills. Then after the 4 renewal with PayCheck Today they start taking out an extra 50 along with the 90 they already have taken out. Could you tell me is these companies are legal and also I dont have a address for them. So I know I can e-mail them my letters. Am I on the right track, and if I am I dont know how I am going to do this by Friday when they debit my account.
Payday Today 300 paid - 975 paid out first time
Great Sky Cash- 300 have not paid out anything yet (Friday is when they are suppose to start debiting my account.
Please help me.

I responded to your PM, check out the thread below too:
http://shazzers.wordpress.com/why-the-epp-isnt-offered-in-kentucky/?preview=true&preview_id=58&preview_nonce=d15a022fef


lrhall41

Submitted by Shazzers on Sun, 04/04/2010 - 14:33

( Posts: 17344 | Credits: )


Hi Kas,
I did not go the route of hiring a Debt settlement company I did it myself, I knew how to do it because I worked in the industry. In my experience creditors are very willing to work directly with the card holder, especially in this economic environment it is easier than ever.
Be organized, dont get overly emotional (biggest mistake people make) be kind, professional, and go for it.


lrhall41

Submitted by mybox22004 on Sun, 04/04/2010 - 17:07

( Posts: 6 | Credits: )