A large amount of debt shows charged off

Hi

Welcome on the board!

Most of your debts are in the charged off status. At this situation, you must make sure if the statutes on these debts are still active or they have expired. If the SOL is past on these accounts, you can't be legally forced to pay them. Check the date of last activity in each account and see the SOL in your state. You will understand which of the accounts can pursue creditor's attention and which one can be legally escaped.

Do not make any payment agreement otherwise the account that is past the SOL will become active and you will have no options but to pay it.

After you have reviewed all the accounts, you can take consolidation program for repaying them through easy monthly payments. Your consultant will negotiate with your creditors and make arrangements to reduce the total amount. You will draw one check to the consolidation company and they will pay your creditors.

You can start your counseling from the consultant after registering here in this website. You won't be charged anything for this service. You will be offered guidance on all your accounts and better repayment options.

Regards
Roxette