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Debtconsolidationcare.com - the USA consumer forum

Is debt settlement the only way out now?

Date: Wed, 02/03/2010 - 06:29

Submitted by anonymous
on Wed, 02/03/2010 - 06:29

Posts: 202330 Credits: [Donate]

Total Replies: 2


The account is 112 day delinquent and has been transferred to a collection agency, but is still owned by the creditor. The collection agency is looking for a payment plan to payoff the balance. Is there a way to get an account back current status and have a closed account, or is debt settlement the only solution at this point? Does it matter if the account was paid in full to the creditor or collection agency, or is it pretty much the same?