About a week ago, I sent a PFD letter to Debt Recovery Solutions regarding a T-Mobile Account. I was offering a payment of 25% of the amount. I received a letter a few days ago from Debt Recovery Solutions (DRS) stating: "Pursuant to your conversation with this office, this letter will confirm that you have agreed to repay the above noted sum under the following terms: $400 to be received by this office on or before 02/10/10 $300 to received by this office on or before 03/10/10" I never made such an offer and I had only contactd them once by letter.

Ok, Ive got probably a normal problem, but I dont know what to do next. I was a truck driver from 99-09, I made very good income and always was capable of paying my bills.

Does anyone know what online tax software (TaxAct, TurboTax, etc) will address insolvency and have the forms for it? I don't want to start working on it and realize that I can't use it. I settled 3 accounts and am not getting my 1099's for them. At the time of the cancellation of debt, I filled out an insolvency worksheet and was determined to be insolvent. I just want to make sure that I can express then when I file my taxes myself.

What is a dv letter

I have an opportunity to settle one debt, but there are 4 others that I have to settle as well. The first settlement offer of 25% came in, but was wondering if its OK to settle this one first. Will the other creditors pull my credit and see I settled one? The big one is only 120 days late so I know the offers will get better with time. If i settle one too early will this raise some red flags with other creditors???

Hi there, I'm like most people here and am in payday loan hell. I'm going to close out my bank account that they are in (I have another account at a different bank for everything else) I need to know what if anything they can do to me and what kind of arrangements I can make, I don't mind paying back I just can't keep up and the overdrafts are killing me.

What do you know about Preferred Financial Services in Boston, MA?

Anyone heard of this CA?

Is paydayone.com licensed? Or are they considered not licensed and therefore, I only owe them the principal?

I received an offer today from Aegis Receivables Management Inc on behalf of Amex for the settlement on my CC. I already have this card listed on a Chapter 128 (Wisconsin Resident) that allows me to repay the entire balance interest free in 36 months. They have offered to settle for roughly 31% but say they will issue a 1099 for tax time. I am ok with this, however I want to see if anyone sees anything wrong with this offer. Original creditor: American Express Current balance: 5253.40 Dear: This communication is in response to your recent inquiry concerning the above matter.