Sentences with phrase «creditors about debt settlement»

Exhaust all other repayment measures before speaking with your creditors about debt settlement.

Not exact matches

«Christianity is not being attack the devil is a liar / people today will sue by association, irs is coming after me in 2011 after i left my business partner in 2008 he did nt pay them or others creditors they do nt care if you do nt owe it they want the money i own another company, a person give me a bad check for 100.00 he got a attoney in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and settlement / he owed the debt he bouced the check, why should i pay, so its about the mighty green but all liars will have their part in the lake of fire, he without sin cast the frist stone

As long as your accounts are current creditors probably won't think twice about giving you a debt settlement.

When you, or your debt settlement company, approach a creditor about a joint debt, they'll likely deny your request and instead pursue the joint cardholder or cosigner for the balance.

But, when you're thinking about going the debt settlement route, it could help to know the creditor's point of view.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

«I'm looking forward to talking about how debt settlement continues to be a reliable option for consumers in debt as well as for creditors,» Leuthold said.

You got ta make sure you get all your paperwork done correctly and make sure you have proof that that's full and final settlement but in a lot of cases, creditors are going to take that deal because they can't get anything else anyway and I guess that kind of loops back to our discussion about debt settlements earlier.

We urge you to contact our lawyers about personal and corporate proposals, arranging informal settlements with your creditors and if necessary, defending claims by your creditors on guarantees or other debt instruments.