Please help

Date: Thu, 12/28/2006 - 15:22

Submitted by anonymous
on Thu, 12/28/2006 - 15:22

Posts: 202330 Credits: [Donate]

Total Replies: 2

I have been involved in a debt settlement program since Feb 2006. I settled one account and still have 2 large outstanding balances that I would like to settle but of course I do not have enough $$$ in my account. Can someone advise me on what is the best option besides bankrupcy? I just received my first arbitration letter from one creditor and quite frankly I am feeling guilty and broke.

I am sorry but you need to put money in the new account with the

I am sorry but you need to put money in the new account with the settlement company. They will sound stronger on you because of your failure of not depositing the $$. On the other side, the creditor is ready with the arbitration letter. You just have to act fast before anything unfortunate happens. Your settlement company will be able to propose a strong defense, provided you take care of them.

lrhall41

Submitted by Johnson4485 on Thu, 12/28/2006 - 15:26

( Posts: 399 | Credits: )

murphy - Welcome to the site! Can you let us know why you

murphy -

Welcome to the site!

Can you let us know why your debt consolidation company is not handling this debt? I realize you said you don't have enough money in your account, but is there a reason why you're looking at settling this as opposed to having the consolidation company continue to handle it?

Since you have registered with this site, a debt counselor will be contacting you. If you are satisfied with your current consolidation company, please just let them know when they call that you do not need their services.

lrhall41

Submitted by SUEBEEHONEY70 on Thu, 12/28/2006 - 15:27

( Posts: 4583 | Credits: )