Do it yourself debt settlement - best debt relief solution
Sun Jan 23, 2011 03:01PM
When you owe a lot money in credit card debt and for sometime, it is getting very expensive. Interest rates alone can drive you insane. Add to this fees and penalties and the debt can really overwhelm. Do it yourself...Can collection agency re age debt?
Thu Jan 20, 2011 05:01PM
Q: I wanted to know if a collection agency purchases a debt, can they re age the debt for a collection past 7 years from the original delinquency? A: Collection agencies do it all the time. They re age...Statute of limitations in Kentucky
Mon Jan 17, 2011 11:01AM
Q: What is the statute of limitations on debts in Kentucky. I have several credit cards on which I am hoping SOL is about to expire, as well as few odd amounts sold to collectors a while back. They...Debt settlement with Citibank
Tue Jan 11, 2011 01:01PM
Citibank debt settlement is easier to achieve these days, especially if you can wait it out until Citibank gives you an offer you can't refuse. You would have to ignore many phone calls. If do pick the phone up,...Legal Helpers Debt Resolution
Wed Dec 1, 2010 01:12PM
Q: I have close to $41,000 in credit card debt. All the credit cards - 6 total, are at 0% interest for the next 10 to 12 months and while I have no problem paying them off in full...Settled debt sold to collection agency
Tue Nov 2, 2010 09:11AM
Q: We were very happy to settle with the bank for only 38% last March. Paid $8,000 for $21,000 debt that was sitting on three credit cards for some time. But now we are being harassed by Advanced Call...Chase debt settlement sounds impossible
Sun Oct 31, 2010 03:10PM
Q: I owe close to $18,500 on two Chase credit cards, including unpaid interest and late fees, and is almost 90 days late on both. I have tried to settle for the last 6 months, talking weekly with Chase...Debt reaging - what you should know
Wed Aug 11, 2010 10:08AM
There are basically two types of debt reaging and several important points about each to know. We will cover both in details. The first type is when the lender is reaging debt on consumer request. If you have a past...Wells Fargo debt settlement? Get it in writing
Mon Aug 9, 2010 10:08AM
Q: I owe close to $43,000 in credit card debt to Wells Fargo, give or take. I have not worked for 3 months and may be going back to school. Wells Fargo just offered a debt settlement plan which...Settled debt and collection agency
Tue Jun 22, 2010 10:06AM
I hate Illinois tollways. I was driving them last week, taking short and well deserved break in Central Wisconsin. Before going into the settled debt and annoying collection agency topic, I must explain something. The only thing these two sates...Statute of limitations in Illinois has not changed
Sat May 1, 2010 11:05PM
Q: I heard that statute of limitations in Illinois has recently changed, both on debt and judgement? Can you confirm? This is quite important for me. I need to get that right .. thanks. A: No, to the best...Pay For Delete Letter, debt settlement letter
Tue Dec 1, 2009 01:12PM
You normally send a Pay For Delete Letter when trying to settle with original creditors or collection agencies. Such a debt settlement letter is an important step of the agreement, where you are offering to pay off debt in full,...Expired SOL letter sample
Tue Nov 24, 2009 11:11AM
This is the letter you sent to a creditor or a bill collector if the Statute of Limitations on debt has expired. Expired SOL letter should be short and to the point. Always check your SOL before offering to settle...Paid in full letter sample - debt, loan
Sun Sep 20, 2009 12:09AM
Such a paid in full letter should be sent to a debt collection agency after you pay the amount you agreed upon. A differently worded letter is used to inform other collectors that are still collecting on the debt that...Statutes of limitation on debt and judgment in California
Sun Jul 5, 2009 11:07PM
Q: Quick question, what are the statutes of limitation on debt in California? And while you are at that, what the judgment statute? I have had some debt and hope I am out of trouble. A: Here are the...Debt relief options and solutions from BCA
Wed Jun 10, 2009 03:06PM
By popular demand, here is the number of posts and pages related to debt and debt only, with short descriptions. Some offer advise and solutions to be used at your own risk, other are sample debt letters, yet other are...Tennessee statute of limitations on debt and judgment
Fri May 8, 2009 04:05PM
Q: I live in Tennessee. I have three questions: First, how long is the statute of limitations on debt in Tennessee? Second, how long is the statute of limitations on judgement? Third, what the difference between the two? A:...Ohio statute of limitations on debt - Written Contract category
Fri Apr 10, 2009 12:04PM
Q: I had my Audi repossessed by National City some 6 years ago. Yesterday I got a call from PNC collection department that I still owe $952, which was a a deficiency amount after National City sold it. First...Debt elimination plan, strategies and experts - do they know
Fri Mar 13, 2009 01:03PM
what are they talking about? If you listen to any debt elimination commercial, you think that the idea to eliminate debt should be on every one's mind. His plan works, her program works better, and so on. People like John...Statute of limitations on debt and judgment in West Virginia
Thu Jan 15, 2009 12:01AM
Q: What are the statutes of limitations on both credit card debt and judgment in West Virginia? A: Statute of limitations on judgment in West Virginia is 10 years, maximum interest rate is 10%. Statute of limitations on credit...Statute of limitations on debt - New York State
Tue Dec 23, 2008 09:12PM
Q: I am told that New York has 10 year statute of limitations on debt. Is that correct? I owe some major, at least for me, money to Capital One Visa and Macy's credit card from August 2003 and...Medical hardship letter sample
Mon Dec 8, 2008 12:12AM
If you have medical bills you can't afford to pay, you should write hardship letter to the hospital and/or your medical provider, and do it before you are sent to collection agency. Trying to explain the situation shows your good...Illinois statute of limitations on debt
Fri Nov 28, 2008 12:11AM
Q: Can you please spell out Illinois statute of limitations on debt? What is the statute, the times and what is what. A: I will try ... if I got the question correct, you want also the types of...Frozen bank account and debt collection
Mon Nov 10, 2008 10:11PM
Your bank account can be frozen by debt collectors, as soon as collection agency obtains a judgment. Your funds can be seized outright or bank accounts get frozen. The law, in general, permits collectors to go after anyone who holds...Collection agency requesting post dated checks
Mon Nov 10, 2008 12:11PM
Q: I am in process of settling with debt collection agency for $2,100 payment on what used to be a $6,900 plus credit card debt. The collection agency wants me to send 7 post dated checks for $300 each...Statute of limitations on medical debt, bills
Thu Nov 6, 2008 02:11PM
Medical debt is classified as closed-ended credit contract with a definite pay off time limit. Unless you have a separate agreement with your provider, medical debts are usually payable at the time services are rendered or, in some cases within...Virginia statute of limitations on medical debt and bill collection
Mon Nov 3, 2008 07:11AM
Q: What would be the statute of limitations on unpaid medical bill. I owe $350 to a local hospital from December 2002, and started getting collection calls anew. I live in Virginia. Also, is there a separate statute on...Previously settled debt letter for bill collectors
Thu Oct 30, 2008 12:10PM
If you settled a debt with the creditor or a bill collector but still are getting debt collection calls, this is the letter to send. With hundreds of thousands of noncollectable debt sold to junk debt buyers, you almost certain...Texas statute of limitations on debt and judgements
Wed Oct 8, 2008 07:10PM
Q: What are the statutes of limitations in Texas on both, debt and judgements? And what is the maximum interest rate? A: Last checked, Texas statute of limitations on debt is 4 years across all types, including Oral Agreement,...Statute of limitations on debt and judgements in Alaska
Fri Sep 12, 2008 04:09PM
Q: Can someone tell me what are the statutes of limitations in Alaska on both debt and judgement? I get all sort of conflicting ideas. I used to live in Alaska and moved away two and half years ago,...Arizona Statute of Limitations on debt collection
Mon Sep 8, 2008 01:09PM
Q: What is Arizona Statute of Limitations on debt? I am about $4,000 in debt and need to know when it expires. A: You should have specified the type of debt you are in, e.g. car loan, credit card....Statute of Limitations in Florida expired
Wed Aug 13, 2008 04:08PM
Q: I got a collection notice on long defaulted car loan. It goes back to 2002, I owe $700. Bum Checks sent me a letter threatening to sue me unless I pay. What is Florida statute of limitations on car...Two collection agency try to collect the same debt
Thu Jul 10, 2008 11:07AM
If you receive collection letters from two or even more collection agencies on the same debt, don't be too surprised. It happens all the time, and is getting worse these days as economic situation is not improving, to put it...Debt is validated, now what ...
Wed Jun 18, 2008 04:06PM
Q: I requested debt validation a month ago and just received a photocopy of the original signed agreement from the original creditor as well as copies of all statements showing late payments, statements with over-the-limit evidence and even bounced payments...They cut out their credit cards, while I am getting more
Wed Jun 18, 2008 04:06PM
After reading the stories with over dramatized titles like They cut out their credit cards or Life without plastic, I can only say one thing - credit cards like alcohol. You must spend and drink in moderation. And moderation levels...MAD collection agency drives me mad
Mon May 19, 2008 03:05PM
Q: I have recently discovered a collection record on my credit report with MAD collection agency which originally goes back 12 or 13 years ago. I sent a debt validation letter 7 weeks ago exactly, haven't heard anything back. The...No validation provided by collection agency
Wed May 7, 2008 12:05PM
Q: I received a letter 3.5 months ago from a law firm stating that it got an account with $1,800 balance for collection from a credit card issuer. I wrote back to them by certified mail with signature confirmation and...Wage garnishment in Washington State - sleepless in Seattle because of Wells Fargo installment loan
Fri Apr 25, 2008 10:04AM
Q: I had an installment loan with Wells Fargo, I live in Washington State, Seattle burbs to be more precise. Lost job when Boeing moved to Chicago. My car was repossessed and according to Wells Fargo sold for $13,400....Statute of Limitations on debt vs. credit reporting time limits
Wed Apr 23, 2008 04:04PM
There is a confusion among consumers between the Statutes of limitations and credit reporting time limits. The statute of limitations or SOL is a time limit for creditor to file a lawsuit to recover delinquent debt. This period starts...Old debt, statute of limitations and noisy collection agency
Mon Apr 21, 2008 02:04PM
Q: Last week I got a letter from collection agency on a car loan, which I messed up over 7 years ago. I live in Colorado. I have two questions. First, if statute of limitations is up? Second, if...Medical bill goes unpaid
Fri Apr 18, 2008 01:04PM
Q: I went to a hospital 7 months ago for a few tests and procedures, I gave my insurance information, paid my $30 copay get everything done and forgot about. Then about 2 months ago, I got the bill...Statute of limitation on judgment collection in Texas
Sat Feb 16, 2008 02:02PM
Q: How long is statute of limitation on judgment collection. I live in Texas. A: The Texas statute of limitation on judgments is 10 years. The worst of it, this statute can be renewed within 2 years after expiration....I got a collection letter for the bill that I have never received ..
Sat Oct 20, 2007 12:10AM
The problem is that you can never prove that the bill was never sent and not lost, or thrown out. So however valid that might be, it is not likely to help you....Outstanding limits and judgements
Sat Oct 13, 2007 03:10PM
Q: How can I find out if there are any outstanding liens and judgements against me? A: If you want to see if there are any liens against your property, check with your county Recorder of Deeds office. Many...Does the date of the last payment reset the statute of limitations on debt?
Tue Nov 7, 2006 01:11PM
This is one question where we wouldn't recommend anything other than talking to a professional with the knowledge of local laws. DOLA is the date of the last activity, SOL is the statute of limitations. Q: I have an...Become debt free using 401k
Sun Sep 24, 2006 10:09PM
You can become debt free by borrowing from your 401k if your plan allows this. This debt relief path have to be thought thoroughly but you can't simply listen to those who flatly tell you that this is a...Debt help by tapping into your house - why we disagree with Suze Orman?
Sun Sep 24, 2006 07:09PM
After recent debt help and debt relief related posts in which we advocate using home equity to pay off an unsecured high interest debt, several readers questioned our sanity. This one is the most expressive on the debt relief...Debt reduction pyramid strategy
Sun Sep 24, 2006 07:09PM
Debt reduction is difficult when you have several credit cards and carry balances over from one month to the next. Or you have several personal loans or even installment loans like a car loan. Whenever you are paying high...Option ARM as debt consolidation mortgage continued
Fri May 19, 2006 12:05PM
This Option ARM - debt consolidation loan piece is the conclusion of recent debt consolidation mortgage article. Option ARM comes in 2 flavors - with 1 or 3 month introductory period with start rate of about 1.375% and 2% respectively....Credit, charge-offs and statute of limitations for debts
Sat May 13, 2006 03:05PM
Q: Once a charge-off has been on your record for over 7 or 8 years and is no longer showing up on your credit report, can the creditor still pursue you for the amount owed or is it permanently...Option ARM as debt consolidation mortgage
Tue May 9, 2006 10:05AM
Debt consolidation mortgage has become main business for the mortgage industry. Higher interest rates, real estate market over saturation and stiff competition made mortgage professionals seek money elsewhere. So they became the Good Samaritans promising to get you out of...No debt problem? Interest-only loan can fund retirement
Thu Apr 27, 2006 11:04AM
Q: We had a huge debt problem and very bad credits few years ago - my wife scores were 563, 577, 592, and mine were 596, 604 and 612 - will remember those numbers forever. We had to do...Interest only loan - freeing cash to pay off school debt
Sat Apr 8, 2006 07:04AM
Note - we have been getting lately many emails about interest only loans. Great seeing borrowers getting more educated about interest only mortgages as there are very few benefits these mortgage products provide and they have to be used...Debt elimination program gets busted
Thu Mar 23, 2006 03:03PM
Debt elimination program solicited by Debt Solutions Inc. is under fire from FTC and Washington State Attorney General as it "offers a false promise of substantially reduced interest rates and thousands of dollars in savings." The debt elimination program was...Debt collection and statute of limitations for debts in California
Mon Mar 20, 2006 11:03PM
Q: My wife and I have a few accounts that we continue to get collections notices on. We live in California. Because of medical issues, we ran into severe financial woes years ago and had some store credit cards...Debt help with mortgage refinancing
Tue Feb 14, 2006 01:02PM
Debt help question from the consumer who accumulated $36,000 !!! on 7 credit cards. Amazingly high FICO score to go with that. Q: I need pay off my credit cards, at least most of the $36,000 in debt I...Debt relief using your home equity
Wed Jan 18, 2006 03:01PM
This lady is screaming "debt relief", and she is right, but her husband needs some encouragement. Q: I and my husband have good credits and make $175,000 a year. We own a gorgeous house that is worth around $325,000....Helpful Links
Recent Entries
- Do it yourself debt settlement - best debt relief solution
- Can collection agency re age debt?
- Statute of limitations in Kentucky
- Debt settlement with Citibank
- Legal Helpers Debt Resolution
- Settled debt sold to collection agency
- Chase debt settlement sounds impossible
- Debt reaging - what you should know
- Wells Fargo debt settlement? Get it in writing
- Settled debt and collection agency