I have a debt for a bank account I opened over 7 years ago. This collection agency offered me to pay it off for 218.00 instead of 500.00 Should I pay it? Will it said paid on my credit report. I am trying to fix my credit report to build it up. Should I take there credit care they offered?

I have about 40K in debt and am planning on filing a Chapter 13 but not including my wife. I know I have to include my wife's income and together that adds up to about 100K a year before taxes. If our essential expenses take up half of our salary, so does anyone have an idea of how much we'd be expected to pay monthly to the Trustee?

Hi, I have 9 storefront payday loans and 2 installment loans in Missouri totaling approx. $5,000. I have been paying these for over a year almost $15,000 and can not pay anymore. They have paper checks from me so if I set my account to deposit only what will happen if they submit the checks or an ACH? Can I be prosecuted criminally? I am going to see a bankruptcy lawyer tomorrow, do bankruptcies stop payday loans that have not been sent to collections yet? I am still current on all the loans, and have already used the EPP at these places within the year.

I took out a payday loan from an internet laon company and one from ace cash I am so behind now that I am affriad I will default how can I protect myself if I have to?

I have looked into debt consolidation and I cannot afford it. I looked into debt settlement, but the program is crazy. I have about $25k in charge offss and collections credit cards and medical bills. I do not own a house and my care is worth $5k and I owe $5k on it. Does Chapter 7 seem like a good idea? I even tried to get a loan to consolidate on my own, but couldn't get approved. I own very little else. Any good bankruptcy lawyers in Rockford IL?

Capital 1 put a judgement on me, I was served, but didn't respond, I thought it was just a scare tactic, the summons looked fake & there was no court date on it. Then I got the intent to garnish wages letter, I'm unemployed, Ironicly I call to work out a payment plan on the same day I should've been in court. "Ken" told me I needed to pay at least 10% then I could start regular monthly payments, I don't have the money, & told Ken I'd have to call back, which I did, now Ken said I could pay 5% the first month & 5% the second month, then $100 a month there after.

I have 3 internet loans out -Red Stone Cash -United Cash Loans -CashNetUSA In total about $1,500 I am in IL. How do I go about getting them to do a payment schedule? Right now I pay the interest every 2-4 weeks and the whole balance keeps rolling over. What are my rights?

Just recently I bought my first piece of rental property and have my first tenants. I am completely new to the idea of landlord management property and was wondering what types of things I should look out for. I have usually done this on abandoned properties and foreclosures. More of a property preservation role. Thanks!

so this cared really work what if you owe 6000 in credit card debt can they help with small payment

I am in a tough fnancial bind right now and am considerng bankruptcy as my alternative to take care of all my debt..... I am just concerned with what will happen to my credit after I file. What happens to credit score after bankruptcy?