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Need help with settlement

Date: Tue, 03/21/2006 - 21:41

Submitted by anonymous
on Tue, 03/21/2006 - 21:41

Posts: 202330 Credits: [Donate]

Total Replies: 2


I just recently did a debt settlement and has not been processed completely yet. What if I now have a career and my equity level is much better? Will the settlement offer still apply? Or will I have to pay the full amount of my debt? Is it also really bad credit to do this?


Need help,

Settlement is considered as a negative remark, your future creditors might not like it. However, I would also suggest you to consult your counselor before taking any decision.

Quote:

What if I now have a career and my equity level is much better?

Are you planning to go back to school? The loans incurred after entering into the settlement program probably will not be covered. Keep us posted.


lrhall41

Submitted by stanley on Wed, 03/22/2006 - 09:35

( Posts: 1639 | Credits: )