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I have a lot of debt from a divorce. I had a few c

Date: Thu, 03/31/2011 - 11:07

Submitted by Andy1301594854
on Thu, 03/31/2011 - 11:07

Posts: 3 Credits: [Donate]

Total Replies: 4


I have a lot of debt from a divorce. I had a few collection agencies call me and try to settle one of the seven I recently settled. Some of this debt goes back 3 years already. I wrote to each one of them but I am not getting calls from the collection agencies. How long do they take to call me? I would of assumed since one called and I paid the rest would follow like bees to honey.

Thanks


What state are you in? Check whether or not all your debts have crossed the SOL period. If they have crossed the SOL period, then they can't legally sue you for the payment of debts. Since they are not returning your call, then I guess you have to wait. You can do one thing though. You can call your original creditors and inform them that you want to settle the debts directly with them. Once you settle the debts with your original creditors, ask them to update the account status on your credit report.


lrhall41

Submitted by Good Nelly on Thu, 03/31/2011 - 22:03

( Posts: 2846 | Credits: )


I did do that, using the templates you have here I sent them to each creditor. They did write back verifying I owe XX amount. The weird part is one collection place called me a month a go. I told them I would settle two accounts for a certain amount. They wouldn't agree, I hung up. I then got an offer from Amex, I took it paid it. Thinking this would 'wake' up the others but no luck. I guess at this point I just wait? But it isn't fixing my credit waiting. People twell me to wait it will cause each collection place to make a better deal. Others tell me to try to call them. Im a bit lost on this for what to do.


lrhall41

Submitted by Andy1301594854 on Wed, 04/06/2011 - 10:21

( Posts: 3 | Credits: )