I have a $20,000 personal loan on which I have been paying for close to two years, always on time, remaining balance is $17,000 approx. The interest rate is horrible but I was pretty desperate at the time. I wonder if anyone has any experience with Discover personal loans in terms of negotiating interest rates or trying to get a settlement? Do you think it would be similar to any credit card?

found there num but seems like its always busy.. does anyone have another number for this collections agency aside froom the number i got which is 509-547-0242

I am 91 day past due balance of 5k and Bank of America never offered a settlement. I stay in contact with them regularly and when I called them last night they said as of Feb 1st my account has been sent to a COLLECTION Agency.!?! What does this mean ? PLEASE anyone any advise ? What do I do next?

Okay friends, I'm in distress. I was contact by a collection agency for an old medical bill. The debt was generated long time back I don't clearly remember the amount I owe. So I have sent them a debt validation letter. This all happened back in December, 2009. Yesterday, I received a court notice stapled in my front door. The collection agency is suing me for the same debt. What should I do in such situation? Should I retain a lawyer? Have they violated FDCPA on any ground? Please help; I really don't know what to do.

I have a lot of debt that is old and some that I'm not sure that is mine. What is the SOL for the state of Minnesota on debts?

I have over $70k in business debts which I no longer can afford to pay. The business has gone south over the past years and I have accumulated all these debts by defaulting on paying the suppliers. I want to know, what would happen if I just quit paying? Would I be taken to court and have lien against my property for not paying this debt?

Got a call from this number this morning. On a unlisted unpublished number that I have NEVER given out. Bill Turner called wanting my grandmother he gave that same number and it go's to the ban group he then called my main line number and even went so far as to say "I was faxed a copy of a summons to serve for charges" then he disconected the call No numner on caller id except 000-0000. My grandmother had a payday loan after my grandfather died to help with cost's. It was a storefront and she said it was paid off as I drove her there.

My loan agreement ended in November 09 but worked out an agreement with Wells Fargo Auto Finance at the end of December for a loan reschedulement. I was to get the paperwork in the mail by Jan 1 and I had to return the paperwork by Jan 7. By Jan 4, I had not received the paperwork. I called and the operator said that the paperwork would show up in the next few days. It showed up on the 11th of Jan and they sent the paperwork to my old address (from over a year ago). I only got the past due letter because my neighbor (in my old duplex) said that I received mail from Wells Fargo.

Now what? Neither the court nor the lawyer for the creditor has contacted me or sent me any papers. When I search for my case on the court website, nothing is returned.

i have around 17k in credit card debt. i can't believe i let this happen i have a house and car payment and all that. not all my cards are close to being maxed out but 2 are as they lowered my limit. i am not late on them yet and i am affraid to be late to ruin my payments. how can i get debt consolidation. how about bankruptcy? i am married and don't want to ruin my wifes credit also. i am living way out of my means and i realize that now. what debt comps can i look into that won't screw me?