I've been reading the forums extensively and understand that I should send a certified letter for debt validation to the collection agency that's hounding me (Collect Corp for AmEx). The problem(s) I'm having are as follows: CA called on August 2 requesting that I pay the credit card debt in full via direct deposit (ACH) within 48 hours. I gave them my checking information and said that the funds would be available on August 4. In reality, I didn't have the funds available, but I was going to find someone from which I could borrow the money (i.e. family).

I am dealing with this April chich from sonic payday loan people she is rude to begin with and when i ask her if i can make half payment now and half next pay she starts telling me off saying that its a breach of contract that they will take legal action and take me to court or contact my payroll department and demand pay from them. basically making threat. That i am to submit full payment so i called today its due today and told her that i cant pay all 800 but i can pay 700 she threatened me again. So i hung up on her.

I recently had a debt collection suit that lasted 1 year in the courts that had been filed against me dropped because they were unable to serve me the summons. I saw all this on the internet. Is the statute of limitations for credit card debt extended (tolled) by that 1 year of the lawsuit?

If I settle my debts on my own for less than the total amount owed, how does that affect my credit report?

I filed out the form last week but have heard nothing. I couldn't fill in bank information because I don't have one at the moment, but I desparately need to get the ball rolling on this, I have collections calling me at work all day long. Please respond.

i recieved a letter in the mail saying i owe $50. what is it, and what for?

Is there a list of payday loan companies that will agree to debt consolidation.I have Gecc,quickpayday,paydayok,and oneclickcash thanks

Are there different firms that call or is it just one that gets the information that I put on this site.Do they negoiate with all your crediters before they offer the one monthly payment.Since I have payday loans and they take the interest automaticly out of my checking each week will I need to close out my checking first or will they stop when consolidation is started.Im alittle confused on how this works.I filled out the infomation a few weeks ago and no one has called me or emailed me except a company called christian debt solutions???Are they the company that this site sends your info to?W

I am having a hard time understanding how you work. Do you take someones bills and pay on them each month like a consumer credit counseling service? If not how do you avoid getting behind on payments until you have enough to make an offer for a settlement?

I have signed up for a free consultation, but I am so wound up I don't know what to do. I have a new house with a private mortgage and after I moved in my income became reduced by $280.00 a month, my mother and I haven't been able to sell our old house, they have filed foreclosure proceedings and will definitely come after me for a deficiency judgment. I took our three payday loans to make ends meet in June and July, my bank account is overdrawn, and I am 1 month behind on my mortgage, will be two months after Sunday. I have not received a notice of default. I can't handle this on my own.