Hello I'm new to this board but would like some advice. Currently my husband and I are about 60K in debt on 4 different credit cards. We are current on all of them, but it's a struggle, I have researched the debt settlement companies but in the fee's you have pay them first I could possibly save up and settle the accounts myself. My questions :
If I stop paying on my credit cards and just put the money away and send them a letter saying I am doing this so I can settle the account, will they accept that?