debt settlement companies

Do it yourself....you do not owe that much so do your research and save yourself the cash.

Hi matushka,

The chances of debt settlement increases if the debt amount is higher. Not all debt settlement companies will help you in settling a debt of $2800. However, this community has a listing of various debt relief companies. You can check out that list from the given page: http://www.debtconsolidationcare.com/companies/usa-listing/ and can decide upon taking help of any of these companies for assistance.

Take care

Most of the debt settlement companies don't like to work with the consumers having less than $10k debt. So, it is better if you try to settle your debts on your own. Check out this page to know about the steps to settle debts on your own:

http://www.debtconsolidationcare.com/steps.html

I agree with the others (even though I'm employed in the debt settlement industry). It's just not worth it - you're better off settling on your own.

Most people hire debt settlement companies so that they can avoid the hassle of dealing with bill collectors, and to ensure that no errors are made during the negotiation process. In your case, with so little debt, I don't believe either of these will be an issue for you.

Keep checking these forums for additional help. Best of luck to you!

As a former collector, just do it yourself.

Every client has a set of guidelines, and it doesnt matter who they are dealing with. Give them a sad story, state your income is below $2k a month, you have 5 kids, and your whole family moved in to help pay the rent. The collector personally doesnt give a crap if you are telling the truth, tell them what they need to tell the client in order to get things approved. They will help you, because they have a quota and they get paid extra!

Like I said, I used to do it until two months ago, so I know how it works.

Who is the current owner of the debt? I may be able to tell you the least they will take, and how they react to offers.

Here are the ones I remember:

Capital One
Premier Bank
Orchard Bank
Credit One bank- some lawywer(debt collector) from NY just sent me a letter about this one. This is the largest one of $1000.00.

I think it would be best for you to try the settlement and that too, on your own. There???s no need to get help from others and pay them extra money while you yourself can do the same.