Credit card debt that’s in collections
Hi!
Hi!
You're thinking on the right direction. Instead of filing bankruptcy, you can negotiate with collection agencies to reduce your payoff amount. Inform the collection agencies that you have already retained a bankruptcy lawyer. So, if they don't agree to settle your debts, then you would walk ahead with bankruptcy. Most collection agencies are afraid of bankruptcy since the entire power goes to the court.
Check out this article to find out how to settle debts.
https://www.debtconsolidationcare.com/steps.html
Even I think that settlement
Even I think that settlement can be the right option for you to get rid of the debts.
Submitted by Sanders Patricia on Mon, 07/22/2019 - 04:08
Hey Dave,
Hey Dave,
I would also agree with Nick. Negotiating with the collection agency may work for you. Keep us updated with your progress, we will be eagerly waiting for it :)