I have 45,000 dollars in debt. My husbands business failed, and with medical bills we were stuck using credit cards for a while. We had a payment plan with HSBC, and our last payment came out June 6th. The account was then charged off on June 30th, and sold to a debt buyer. We owe 11500.00 dollars on this account. I am very confused as to how this happened , however I want to know if I should settle with this law firm, john p . Frye or if I should do something else. Any help would be great as I am new to this, and though my husband was handling all this. This debt is only in my name.