Rec'd a registered letter from GEMB today stating if I did not make a minimum payment by this due date (9th) that they would place acct with a collection agency. I'm not sure how they count days but my first missed payment was Jan. 9 so I think I am only 60 days maybe they are counting it as 90. I thought this was a little early for them to send to CA. Is this a bluff? They had earlier offered me a low interest and also a no interest repayment plan but I could not afford to accept either at that time. I really need to settle a couple of bigger BofA accts.

Hi everybody, I lost my job 10 months back. At that time, balance on my citicard is 5400 (Credit limit:5500). I joined in payment arragement plan for 6 months. I made minimum payments on time. I never made late payments. Now i am not in payment arrngement. But they closed my account. Now they are charging me 10% APR. I got job 4 months back. Now i started paying it back. Right now my balance on the card is 2600. Is it possible to reactivate my account? At that time, one rep told me that i can reopen this account if get the job. Now i have job and everything. I can pay off the debt.

So I'm late by about 90 days or so to American Express. I got a call from a guy who says he's from American Express' legal department. Saying i owe 12k and that I need to pay or go on a payment plan bacuase I'm going to get sued. I want to settle this debt. Is this how this goes? What do I do now if I'm trying to settle this? Do you think I'll get sued?

How can a pdl out of the county contract with a collection agency in the states? I'm sending my debt validation letter to them. But what happens after that? If they can never validate the debt does that mean it never gets paid? My second question, has an illegal lender ever gotten a judgement against someone in a state they are not licensed?

I am seeking immediate advice on Payday loans in Tx believe it or not I am up against the wall with this mess and cant see my way out > I got in bind and used loans which was my 1st mistake I have 7 loans online and 4 at store fronts, online , cashnet usa, payday one, ACE, FBD, Loan Shoppe, Star Processing, and Cash Advance, as for store fronts, cash america, 1st cash, speedy cash and cash store all in Texas (i guess) could anyone please give me information where do i begin to clean this mess up none of the loans are past due yet but i get pd 3/12/10 and i dont have the $$ i was told to close

[LEFT]Hey all. I've got several payday loans that I need to get taken care but financially my hands are tied until next month. In the meantime, Tremont Financial has sent me a letter stating that if I don't make a payment by the 17th they'll send a wage garnishment letter to my employer. I want to know if I can revoke it. I didn't sign it in person, it was done via scan/email and this wasn't on its own page, it was the this little section below that included at the bottom a Military Identification statement.

Is this something the creditor has to provide or can I just print out a template online and have it signed and submitted to the creditor? Thanks

I had a parent co-sign a new car loan for me about 2 years ago. Well, the economy happened and I got layed off. I had to file Chapter 7 and he was listed on the papers too, but as a co-debtor. It has been discharged and written off on our credit reports. Is he still liable?

I havent gone down the settlement process road yet, but if the creditor tries to put me on a payment plan, what should I do? Theres no way i can repay the full amount and if I go on a plan, would that not allow me to settle? thanks

Please help, Amex turned my account to Zwicker on Friday and they are calling now. I wanted to know how should I handle them. I am worried that they will sue me.