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I have been up for countless nights researching some answers and came across this website and it appears to be very helpful to everyone else so here I am. looking for some direction. A drunk driver totalled my car while is was parked. The insurance company paid off my car (minus $700) I was left to go out and start from scratch trying to get a car with no money. This is where my borrowing began, initially to cover a rental car to go back and forth to work and get my son to all of his games etc.

I paid a debt off about 6 times over with Asset Acceptance, and on the phone last April 2008, I expressed how much I had paid in over a 5 year period, and they kept telling me the debt was still over $1600, which is what the debt began at. I set up automatic payments at $150 per month. I argued that they had made their money probably 10 times over, so lets get this paid off. I negotiated a deal that they would stop the monthly interest charges, and they said it would be paid off , with a last payment in December 2008.

Anyone settle with Nationwide on an Amex Account?

Anyone here know if a BK triggers the default of your student loans even if you are still payin them on time/will continue to do so, or if you reaffirm them (even tho there seems to be no need to do so since they are non dis chargeable)? In my loan docs it states bankruptcy as one of the reasons loans may go into default -and the whole amount becomes due.... Anyone dealt with this?

I was sent a letter from forster garbus that said the were attempting to collect a debt. So i went to my city court and answered there summons b saing that the amount the calimed i owed was unjust and that i wanted them to verify the debt was in fact mine. I was instructed through this site before to allso DV them. They havent answered either but i recently recieved a settlement offer from them. How do i respond to the settlement offer if i feel it is unfair, or should i just not repsond and DV them again.

I have one collection with LVNV (Resurgent) with a balance of $4375. I'm reading a lot of horror stories having to deal with them and getting sued, etc. I've been sued twice for different accounts and am hoping to avoid that. So my question is does LVNV settle before suing and if so what is a good percentage to shoot for?

I have one judgment against me that is now on my credit report. I am paying off the balance in full over 24 months. Once this is paid off in full can I get some sort of notation put into my credit report to show it was paid or will my credit just show the judgment for the next 7 years without any indication it was paid off?

I have been in collection since, well lets just say a while now.. I attended college for 3 SEMESTERS.

Thank you skydiver for answering my other post. I did file it without the counter claim. I am now wondering if a collection agency has to prove validity of assignment of a defaulted account. They say they are the owner/assignee of the account. Do they have to provide a bill of sale or purchase agreement of some kind if I ask them for it in discovery? Is it my right to know how much they paid for the account?

Many questions below - thanks in advance: As I asked before - the student loans are listed as a "Special Circumstance" on the means test, or are they listed in priority debt? They are not secured by anything (well unless you count that I have no alternative to paying them and they are technically secured by my job, LOL).