DB
Date: Thu, 06/10/2010 - 05:00
I was in a debt settlement for almost 4 years when they went bankrupt not paying on my debt other than a few small settlements. Now 2 of my debts that remain have been sold to a collection co. How do i deal with them? I have not been contacted by them yet. Help i'm over my head. Any ideas?
Talk to the collection agencies and see if you can settle with t
Talk to the collection agencies and see if you can settle with them. Since the purchased the debt for a small amount, you should be able to get a lower settlement than you would have gotten with the original creditor.
Also search this site for others that have settled with collection agencies.