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Editor's rating: 2/10 It talks about the difference between a credit counseling and debt settlement: Credit counseling [list=1]

Negotiates with the creditors

Repay full amount.

Long term plan.

Interest will get reduced. debt settlement [list=1]

Negotiates with the creditors

Repay a part of debt .. 40% to 60%

Short term plan.

Interest will become 0. Also it asks you to be careful about the bad apples for both the options.

(Waiting for editorial view)

Well i did my annual credit report and checked my credit history since i'm looking into debt settlement or consolidation. I found that most of my collection agency and original creditors on my experian report is no longer listed. What is going on? Is the debt not valid anymore? I'm located in chicago il. Also can anyone recommend me to a reputable consolidator or settlement company?

Yes Can I pay by my personal checks every months?

I got a call from a collection agency at work today. Are they allowed to call me at work anytime? Can they ask to speak to my boss?

I was threatned with his by AI today, someone named Jim with no collection info on the msg. Should I return the call? Is so, what should I say?

If you are being sued by a debt collector, and they have an attorney, Does the plaintiff still have to go to court? Can just their attorney show up to the trial?

Here is my dilemma… I got into MAJOR credit card debt!!! $30,000 all in my name only, not my husband. We can no longer pay the credit cards (well, haven’t in months) and pay our regular bills. I was basically paying all our bills with our income.. and since we had none left over.. living off of credit cards in my name. I am in deep debt.. with John P Frye Law Office calling me, Atlantic Credit calling me and Allied calling me wanting money.. I have looked into debt settlement, but with them I can still get sued and there payments are still high.

So Jason Evans Law Firm called me with an automated recorrding saying they had an important msg about my social securty number. I hung up bc it scared me heres the number 7164461070 Anyone heard of them before?

my human resource called me and told me that my wage were being garnished. i ask her from who, she said it was from GA FINANCIAL. there was a default judgement against me last year in aug. Can i also recieved a letter from the court saying that my wages will be garnish. i called GA FINANCIAL OFFICE AND GOT THE RUN AROUND. they said that this debt was from arrow financial. are they the same company? i don;t know who i owe money to. all i know is that my original creditor was providan. will the settle for a lump sum now or is it too late.