Sentences with phrase «settling old debts»

Settling Old Debts Paying old debts or settling debts with a creditor helps your financial situation, but could hurt your credit score.
It's like the state is settling an old debt.
If you do decide to settle an old debt proceed with caution and try to settle the debt with the original creditor in exchange for the debt reported «paid as agreed».

Not exact matches

After accepting a secondhand VHS camcorder from a perverted neighbor (NewsRadio «s Dave Foley, who bares a lot for the film) in order to settle an outstanding debt, Gordon cedes control of the (then - newfangled) device to his youngest son Teddy (Dylan Everett), who in good kind proceeds to torture his curiously stunted 17 - year - old brother, Marcus (Nick McKinlay).
To avoid all unpleasant circumstances of old debts haunting you, it is always better to settle your past - due obligations.
But UNDERSTAND that if the debt is 5 - 6 years old and you do pay it make sure in the paperwork you get BEFORE you make any type of payment that it says the debt is settled in full.
The older the debt is, the less you should settle it for, especially if you think a junk debt buyer has purchased the account.
These debts can be settled for pennies on the dollar, especially if the collection is older.
In fact, debt buyer Asset Acceptance paid $ 2.5 million dollars to settle a FTC lawsuit, which alleged that Asset Acceptance failed to tell consumers that certain debts were too old to be legally enforceable.
The older the debt, the more luck you'll have settling for a significantly lower amount.
I did it myself back when I had some old debts that I needed to settle.
This process can not and should not begin until all of the old credit card debts have all been settled.
«A realistic expectation for negotiating a debt this old would be to settle the account for 50 % or less than the current balance owed,» Bovee said.
If a 20 - year - old credit card debt has been settled but still be found on the report, you might need to contact TransUnion and see if a correction shall be made.
I have close to nine thousand dollars in old credit debt I stopped paying about three years ago and want to settle.
If you did tackle the old debt you might want to consider settling them for a portion of the balance and pay that in a lump sum.
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