logo

Debtconsolidationcare.com - the USA consumer forum

Debt settlement or bankruptsys?

Date: Thu, 05/27/2010 - 01:21

Submitted by MARY LlEONARD
on Thu, 05/27/2010 - 01:21

Posts: Credits: [Donate]

Total Replies: 5


I have a contract all set up and ready to go for debt settlement, however I just stayed up all night reading the attorney agreements and they, after all is said and done are pretty much telling you that if all is not settled in a timely fashion they will help you advise you but WILL NOT REPRESENT YOU with bankrupsty proceedings. I guess I'd be paying double the fees. HELP! It is with Bay View Law Group and debt settlement group New Beginnings. HELP HELP HELP


Quote:

Originally Posted by mary lleonard
i have a contract all set up and ready to go for debt settlement, however i just stayed up all night reading the attorney agreements and they, after all is said and done are pretty much telling you that if all is not settled in a timely fashion they will help you advise you but will not represent you with bankrupsty proceedings. I guess i'd be paying double the fees. Help! It is with bay view law group and debt settlement group new beginnings. Help help help

i need advise on which way to go


lrhall41

Submitted by MARY LlEONARD on Thu, 05/27/2010 - 01:54

( Posts: | Credits: )


No need to double post Mary.....some of us do sleep.

What are you trying to do? Settle or enter a DMP? Both come with risks...the creditor wont settle or that you may be sued in the process.

It you are going the settlement route, why not just do it yourself? You can call your creditors and just ask for a settlement. No need to pay big fees for a settlement. Just do your research


lrhall41

Submitted by SOAPLADY on Thu, 05/27/2010 - 04:54

( Posts: 17315 | Credits: )


I agree, you should try doing it all yourself first. If you are hesitating about signing something than DON'T - isn't that how we end up in this credit card nightmare to begin with? Call all your creditors and explain that you are trying to shore everything up and be diligent and keep a notebook of all your info and contacts. This will help you keep everything straight and in order so you don't get overwhelmed. No one is going to look after your interests as well as you -just don't get bullied by anyone. It really takes thick skin to go through this processs. If someone else does it for you than you aren't really taking control of things. GOD LUCK and stay focused! Use the internet and talk to collection people to get info.


lrhall41

Submitted by SOK on Thu, 05/27/2010 - 06:07

( Posts: 23 | Credits: )


Quote:

Originally Posted by MARY LlEONARD
I have a contract all set up and ready to go for debt settlement, however I just stayed up all night reading the attorney agreements and they, /////. HELP HELP HELP


Greetings,

Please give the members in here some details.
Rough amounts.....how far past due, etc.

Regards,
King "Kash" Jabba Labba


lrhall41

Submitted by King Jabba Labba on Thu, 05/27/2010 - 15:41

( Posts: 507 | Credits: )


I wouldn't advise hiring anybody right now. I would try and settle the accounts yourself. That is what I did and I have settled all but one stubborn one. That way you have the money you may need to file bankruptcy if you need to. Why pay someone money if they can't get the job done and they can't guarantee that the creditor will work with them. Besides it's over much much faster if you settle yourself too.


lrhall41

Submitted by Debt Free to Be on Thu, 05/27/2010 - 19:18

( Posts: 412 | Credits: )