I checked my email this morning to discover that there was a new negative report on my credit from some collection agency Palisades. I have no idea what the actual $1044 debt is, but when I looked them up, I was lead to this forum. I am alarmed at the amount of negative comments regarding this company, and want to make sure I handly this correctly. I will send a certified letter requesting a debt validation and a receipt request, but I don't really know what this is. What details will this report provide me, and how will it help me?

I just got information on my report that there is negative information from Palisades. I too, like everyone else on this forum, and shocked and have no idea what this debt is. I am going to send a certified letter to them requesting a debt validation. What exactly is this though, and how does it help me? And what is the best course of action for me to take in terms of debating this debt?

Is there generally a standard time to pay back your debt? How long on average does it take and do creditors expect settlements after a few years. I am worried that i will be repaying my debt forever!

i own more than 85000 and paying a lot montly. is to much for me right now

I just received this email from National. All that I owe them is $20 and I refuse to pay $14.95 for a $20 payment. What can I do now?

I would like to consulidate my debt into one monthly/bi-weekly payment. I would like to speak to some one if they could give me a call at 302.399.****. Phone number removed for your safety - Mike Thank you. Brandi L. Grosch :lol:

i have a question. i have 3 credit cards with a total of $75k debt. all cards are current two (60k) at zero interest one at 8%. have about $3000 a month to pay toward cards. have about $25,000 cash on hand. should i pay the 25k in cash and keep paying the $3k a month to wittle the $50k down or should i try to settle the debts with the creditors for a reduced amount. therby in most likelhood damaging my credit rating. possibly and likely creating very high rates on remaining debt beyond the $25k i can pay off now! any similar situations? how were they resolved?

I was sued based on an old debt that I believe was past the statue of limitations. Unfortunately because of serious personal problems I did not reply and a judgment was made against me. The original debt was charged off and it was even earlier than the charge off date that I made last payment to the original company. A third party purchased the debt. I think that if I had responded I could have shown that the had no legal right to sue. But now I am wondering if it is too late to do anything. I recently was asked by the attorneys to provide information on assets.

How do i Pay My legacy visa on line?

i am starting to get communications from this company via phone calls through relatives in another state and a letter at home. i have checked my cr and found that they put a hit on it under 'other accounts' with date major deliquency first reported as a couple of months ago and account status reported as 'too new to rate'. i have a few questions, first what are my rights as a resident of va?