Second thoughts

Date: Tue, 08/21/2012 - 10:44

Submitted by anonymous
on Tue, 08/21/2012 - 10:44

Posts: 202330 Credits: [Donate]

Total Replies: 2

I signed up with a debt consolidation company a month ago. Since then I have been bombarded by phone calls and letters. I cant sleep worrying that Im going to be sued or that my bank accounts are going to be garnished. How do I go about canceling with the company and getting my money back? Also now that Im behind in all of my payments do you think the credit card companies will work with me to get them up to date? If anyone else has been thru this please please let me know how you handled it.

What is the name of the debt consolidation company? You should h

What is the name of the debt consolidation company? You should have tried to negotiate with the creditors on your own. Contact the debt consolidation company to cancel the agreement. I doubt if they'll give you a refund.

Contact your creditors and explain what has happened with you. Your creditors may agree to work with you.

lrhall41

Submitted by Good Nelly on Tue, 08/21/2012 - 21:37

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You can easily contact the consolidation company and withdraw yo

You can easily contact the consolidation company and withdraw yourself from the program. There is very little chance of getting your money refunded though. As for the credit card companies, I believe they would let you become current as long as you can afford the payment.

If you are facing trouble dealing with these debts, why not try and negotiate a settlement with the creditors?

lrhall41

Submitted by anonymous on Tue, 08/21/2012 - 22:24

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