Question regarding how to pay collection accounts. I have multiple accounts in collections and cant pay any in full. My question is should I make smaller payments or should I continue to save and attempt to pay a negotiated settlement in full?
Sub: #1 posted on Mon, 03/02/2020 - 00:11Good Nelly
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Sub: #2 posted on Mon, 03/02/2020 - 09:07Brian D
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A pay cut
A sudden emergency
But keep in mind that only creditors can offer the hardship programs. You have to knock the door of the creditors. Otherwise, you should try to settle your debts. There are no other options left. Start saving money from now onward so that you can settle your debts. If you wish to set up a payment plan with debt collectors, then make sure you do it in writing.
Sub: #3 posted on Mon, 03/02/2020 - 19:00Nick Jonas
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