Can you be penalized for asking for debt validation? After a debt is validated by a CA, is it required that you have to pay it off in a lump sum or is that just saying that you owe the debt and you still work it out with the CA?

We have been in a debt settlement program for over a year and not account has been settled. We have paid a boat load of fees and are highly dissatisfied. My question is...has anyone been in a program decided to withdraw to go at it on your own? If so, were the creditors willing to work with you and what are your experiences. Thanks in advance.

Hi, I just been sued by the debt collection law firm to local court, I called them and agree to a settlement of monthly payment for 12 months. What do I need to do with the court ? Thanks

Hello, In early 2009 I was successfull in getting my loan mod completed and started paying on the new loan I think it was April. I was working as a consultant going from place to place trying to keep my salary up. Well now I am full time at a place making market value for my industry. The problem is I am now making about 40K less that I did 3 years ago. The Salary base in my area has gone way down. So although I tried for a long time to keep my income up I now have to face the facts that I cannot get what I was use to nowadays.

Hi all. I recently received a 35% settlement offer from Chase for my 2 cards; I am only 90 days late on one and 45 days late on the second. I know this is a good offer, but I just can't raise that amt. I am going to offer 28% and hope they accept. Since I have time before charge-off, do you think they will go down on the % (hopefully will not raise it higher)? Also, when I do settle, since it is with the OC: 1. Do I need to have something in writing before I send any money?

Has anyone had phone calls from what i am assuming is a collection company the phone number on my phone is 1-714-006-6000, they leave a message informing i must return the call as soon as i get the message and at the end she says that if i do not return the call the only thing she can do is wish me luck as the situation unfolds upon me.....anyone know who this may be?

Hi, I lives in colorado, I recently got 10 online pdls and heard about consolidation companies. So I closed my bank account before I paid any money back. Can I consolidate pdls and which companies that I can truth? Or can I file chapter 13?

I have several outstanding payday loans. Is there a way to combine then into one loan or just pay the balance?