Hi. If I ever thought I would be settling cc debt, I would not have taken a card with Commerce Bank. I cannot find any information on settling with them. Has anybody settled with them or have any experience with them?

I read somewhere that creditors pull your assets to see if you own anything and dig into your personal info like bank accounts ect when deciding to sue you over a debt.I am self employed,have begun putting all my money on a prepaid debit card and I keep a $2.00 balance in my checking account.

All of my CCs have been charged off. I know my credit is completely screwed, but what happens now? There were about 7 cards. The two biggest ones were with chase. One for about 2,400 the other for about 1800. I am on unemployment because I was laid-off a year ago. I do not own anything. I am only able to make payments on my car loan for now. Will the balances on these cards continue to grow? Will my credit score continue to drop until I pay the 3rd party collectors? Thank You

OK, I sent them the letter via e-mail and fax stating that their loan to be is illegal per the form letter template found on this site. I can past it here is you would like but rest assured it is almost word for word what was suggested in dealing with an "illegal pay day loan". Today I received a very well crafted response which I have enclosed. Devidia II Ltda. NationalPayday.com Apdo 291-7150 Turrialba, Costa Rica 15 January 2010 Dear Mr. H****r, We would like to formally address your most recent email received on 13 January 2010.

They said that they will accept $7500 on a $10K balance as a lump sum or they would take $500 down and $300 for 35 months to keep out of court. I don't have anything close to the $7500 and he said it would take something very close for them to accept it as a settlement. 75% settlement seems high but it would sure beat going to court. Any suggestions? I do have several days before he is expecting me to call back or before we have to answer the summons.

How do I find out if a PDL company is legal/illegal in Illinois? What if I have been paying these loans and cannot get out from under them?

Hello, I"m finding this website immensely grateful. I have a question about SOL in NY. I believe that it is six years here. But when does that time start? And what exactly can I expect to be the benefit of the SOL passing? Does anything disappear from my credit report, or do they just stop calling me, or what exactly? I have a specific question in regard to this. I have an account on my credit report that shows it being first 30 days past due in June 2003.. it then goes on to note the date which 60 days, 90 days, etc passed, on up til it was "purchased by another lender" in July 2008.

A while back, I stupidly took out a couple internet payday loans and I'm stuck in their endless cycle. I also received payday loans I never applied for and didn't want. I thought I had fully closed the bank account they were pillaging, but apparently they were able to force the account open (I also had major fraud on the account from non-existent pharmacies that were creating e-check withdrawals. I suspect some payday loan place sold my info). Relevant info: I live in the state of Illinois. VIP Loan Shop $400 loan. Have paid $505. United Cash Loans $400 loan.

Served a complaint and have 20 days to respond to the filing by Burton Neil. Live in Pa. and it is in regards to a Citibank CC. Called Burton Neil asked to settle- they want 100%, plus 6% interest over 2 year payment plan and want to get the judgement and keep it until total repayment. I want to respond to complaint and plan to state "I can neither confirm nor deny without validation. The complaint includes a VERIFICATION document not a VALIDATION document by a person claiming to be a Citibank Credit Services employee named Mary E. Crum.

on the suttell thread there is a guest that is claiming that thet were sued and the judge just ignored the fact that they are not licensed or bonded.every thing i tried to find this supposed judgement comes up empty.they recently gave a case #but that was a case dismissed in early 2009.i smelled a rat,but maybe they have a judgement and are giving incorrect info because they can't believe it still.i'm hoping that is the case,but i'm frustrated at the fact that nothing the poster gives me turns up a thing.can someone look at the thread and see what they can come up with.i did some searching on