Debt Negotiation Advice

debt settlement? I just posted a question a few minutes ago about my wife having to go to court over her credit card. Like I said before we have all ready settled 2 w/ a debt settlement company. Her's is the last one we are settling and now she has to go to court. She has lost her job because of plant closure. We have a small amount built up in our acct. with debt settlement company, but nowhere near what the lawyers say we may have to pay. Does anyone have any thoughts of what might happen?

Will debt settlement ruin my chances at getting a new job? I am going to go through a debt settlement with my significant other as an alternative to bankruptcy. We're both young, and planning on advancing in our careers. Would a debt settlement work against our odds of landing the perfect job, even if we are the most qualified??

What is the best debt settlement for $12,000 and lower debt? I recently switched jobs making significantly less money. Now I am past due with bills and am getting some pretty rude calls from creditors. I want to pay them but am having a hard time. I have been seeing commercials about debt settlement and needed some help deciding who to go through. I have a little less than $12,000 to pay off. Please site sources when you can and THANKS ahead of time!

Does anyone know the difference between Debt Settlement Companies and CCCs Companies? Which is better? I have some credit card debt and I don't know what credit card company to consider, either a "CCCS" or Debt Settlement company. Is there a better alternitive to either?

How do I find an honest debt settlement company to work with? If you have had success working with an honest, reliable, authentic debt settlement please let me know

Is credit card debt settlement bad for your credit? I am a senior in college, I have no job now as I am finishing school. I start work in June, and I actually have good credit, over 700, and 5k in credit card debt. I've paid my bill in full always in the past until my last killer spring break. Debt settlement sounds cool to cut the debt in half which I would pay off with a lump sum, or should I just stomach it for another month where I can pay it all off entirely in full. Thanks.

Is it possible to negotiate with your credit card companies on your own for debt settlement? I've been researching debt settlement programs and they sound like a good option. Has anyone been able to negotiate with CC companies on their own to avoid the several thousand dollar fees?

are there any debt settlement companies that are legitimate? I have several old debts at least three years old that have been put into collections...haven't been able to pay on any in years. Looking to pay off but cannot make very high monthly payments so the CCS seems like it wouldn't work since I have SO many creditors to work with and so little money. The credit counseling pays off the whole balance due which has been greatly increased unecessarily. Looking for some debt reduction and a monthly payment option. Is debt settlement right?

What is the difference between consolidation and debt settlement company? I called creditsolutions a minute ago and they told me that they are not a consolidation company. I told them that I have a debt for 16,000. They told me that they can get my debt company to settle for 9,800. and they charge a 15% fee. Does this sounds okay. Please recommend me to some other company but not consolidation I do not want to consolidate I want a debt settlement company. That I would still pay, I heard when these consolidation company pays for me It haunts my credit score.

Has anyone actually used debt settlement and it worked? I am considering debt settlement and I am very scared after looking at some of these posts. Has anyone actually used it and it worked for them without a problem? I am currently current on all my credit cards bills, but I don't think I can keep it up and I am wondering if this is an option. I don't want to have to go to court.

I need some answers about debt settlement and companies who do debt settlements.? I have some serious debt issues and need some help. I talked to a debt settlement company, but I can't find any specific information about them. Does anyone know about American Financial Services or Axiom Financial Solutions? And does debt settlement really screw up your credit as badly as some would have you believe? It seems to me if you have unsecured debt you can't pay that would damage your credit just as badly. Help! I need info from somebody who knows about these things.

How do you feel about the debt settlement companys?? Hello to everyone, I was wondering your opinion on the debt settlement companys.. The company we are considering going with so that we dont have to file bankrupt has an EXCELLANT report from the better business bureau..... I have read through all the sites and everything and this seems like a good idea so that you can "settle" your debts and get out of debt quicker.... we are in credit counseling now but Its taking forever and we cant afford it anymore... But we can afford the payment that the debt settlement is asking for... Just wanted to see some of your opinions.. Thanks

has anyone settled their accounts with creditors without using a debt settlement company? did the creditors settled? could u give me tips on how to settle with them without using a debt settlement company. approximately what is the percentage they are willing to settle?

What is the best program for consolidating or debt settlement? I need to consolidate my debts, either by getting a loan (unlikely with my credit) or through a settlement company. I want to use a good one, though, so does anyone have any recommendations? I could easily file bankruptcy with my income and lack of assets, but I would rather pay off the debts. Some of the collections are hostile, now, though, because I have so many different ones after me that I can't possibly make my payments each month to each of them. This all stems from two hospital trips earlier this year. I don't even own a credit card, so I'm not financially irresponsible. Just poor and uninsured. Any reccomendations would be very much appreciated!

Does anything negative happen to your credit report when you use a debt settlement company or any type? Any information on debt settlement companys and alike is greatly appreciated!

Can your employer terminate you if you file for bankruptcy or possibly debt settlement? Negative to organ? Am considering debt settlement but afraid that the banking instituion I work for will view it negatively if known with the bad effect it will have on my credit for the next 2-3 years until complete. Can they terminate you for that? Live in Florida, not sure about differences in state, I know Florida can be unique.

Okay, I am freaking out and need to talk to someone who has been through the debt settlement process before.? I am currently working with a debt settlement company and right now I would like to talk to someone who has been through this before so I know what to expect especially when it comes to arbitration and trial maybe if I know what is coming I can get rid of this pit in my stomach.

Has anyone completed the debt settlement program with Enhanced Debt Assistance? and if so what was the outcome Debt settlement program out of Texas I am aware of the rip off report and they assure me this was a one time incident with an impatient customer. They tell me time is what it takes to get thru the program... I am looking for someone who has worked with them to advise me on their outcome.

Where can I go to find what to do with debt settlement companies that rip you off? Help!? I did not understand what a debt settlement company was all about. I thought I did but I soon found out it was not what I thought. I have made a mistake! They have a lot of my money and I thought I was doing the right thing. I just want to get my bill paid. Thank you.

Can a debt settlement company harrass you? I recently contacted the credit exchange company in regards to an old car repossesion that my husband has to get more info on debt settlement etc.. well they tried to make me sign and seal the deal at all costs but I let them know I wasnt going to make such a big desision without my husband agreeing. Well They have been calling me more than the actual collection people!!!!!!! I let the guy know my husband said NO but he keeps calling me and harasssing saying that they need to talk to HIM to stop calling us. Is this true?

Has anyone used a debt settlement group? I am looking into settling my debt and know there are many fraudulent companies out there. So I would like to know if anyone has used a debt settlement company, if so, which company did you use, how long have you been paying off your debt with that company, and how is your experience overall with them. What were their fees for settling your debt? Any feedback would be GREAT! ~Let us be debt free in '08~

Has anyone had any experience with a debt settlement company? I'm working with Debt Settlement USA and they say they can help lower and consolidate my bills to just one payment to them each month. I don't know how to check them out to see if they are a legitimate company.

Which is the better option in regards to reducing debt: debt consolidation or debt settlement (negotiation)? There has been considerable debate between two specific debt reducing options: debt consolidation and debt settlement (negotiation). I'm trying to decide which is the best option to select if one wants to reduce their financial debt (specifically credit card debt). I'm sure there's pros and cons to both options, however which is more effective? Please advise.

Is Debt Settlement a good alternative to bankruptcy? Does Debt Settlement restore your credit in fewer years than bankruptcy if your can't afford debt consolidation?

Can you tell me which is better , debt settlement or debt consolidation? I want to try to pay off the debt in approx. 3 yrs. I do care about my credit score, but at this point I want to payoff the debt as soon as possible.

what if I am not happy with debt settlement company? It seems like they dropped the ball. Can I stop paying the blance of the service fee and negotiate with the creditors by myself? or the debt settlement company still have the right to sue me or something? thanks guys for helping. and again how do i complain to the state commerce dept? and how can I stop paying the blance and possible refund the service from them?

How can I get a debt settlement reported as satisfied? I recently went through a nasty divorce and had to pay a lot to my ex husband AND got to keep all the credit card debt. I have been unable to make payments on 1 card, they are willing to settle, and I need to take this oppurtunity. Other than that card, my credit is/was excellent. Is there any way I can try to get them to not report it as "settled"?

Has anyone ever used a debt settlement company and if so, what was your experience? I'm not talking about credit counseling, I'm talking about the firms that go to your creditors and offer to settle the debt for a small percentage of the total owed. If you have, tell me what you thought and who you used. Thanks. WWW.JICINVESTMENTS.COM isn't even close to what I'm asking about. I'm not looking for credit repair, I'm looking to settle the debts. First thing first. Wow! I am so impressed with some of the answers. I'm going to have to do some more exploration. It will be tough picking a best. Thanks to you all!

How harsh is debt settlement on your credit score.? I am really struggling to make payments on my credit cards. My credit score is already fairly bad, and I don't want to make it worse by making late payments. Would it hurt me for a long time to settle on one of my credit cards? If they do accept a settlement, what % should I go for?

When asking for a debt settlement, how should I word the request for a lower pay off amount? I know sometimes when dealing with credit companies the way you word your requests matter. How do should I word a request for a lower pay off amount? I know getting my pay off down to 35% of the debt is unlikely (but I know it has happened) but getting the pay off down as low as I can would help me greatly. Any sure fire wording????

Do you have to pay to use the CCCS debt settlement services? I need some help organizing my debt. I want to learn how to deal with my debt better and eliminate it faster. CCCS seems like a well known company but Im still leery. Also, I can't afford my bills so obviously, I wont be able to afford counseling services. Any info/opinions especially from those who have been in my situation would be helpful. Thanks!

Has anyone used one of those debt settlement companies for your credit card debts? They're saying they can settle for around 50% or less. But the web address URL ( http://www.americandebtsettlementgroup.com ) doesn't work, however they are listed in the BBB under this law office: http://data.phoenix.bbb.org/commonreport.html?bid=97015677 Anyone ever tried American Debt Settlement Group? Or any other debt settlement or debt consolidation companies?

whats the difference between debt settlement and debt consolidation and which one is more preferable? i m in credit card debts rite now and my current creditors charge me upto 30 pecent interest what are the best ways to get it worked out for example do u suggest me debt consolidation or debt settlement? which one is more preferred or if there is any pro and cons associated with any of those or if u have any other suggestions ? thanks

is going to a debt settlement company a GOOD idea when you have no other options? DEBT SETTLEMENT COMPANIES ANY GOOD?

how much i need to pay for debt settlement? there are so many debt consolidation companies out there and i don't want receive so many calls from them. here is mine case. unsecure credit card debts=us15k (from credit report, it showed 2 cards are in "collection" but i haven't receive any call/letters yet ) overdraft=us10k. no house, no car (sold out ) no job for 6 momths. if i go for debt settlement, how much it can be reduce? how much i need to pay each month and for how many years? i heard there are 3 options: 1- pay for around 50% and your credit score looks better. 2-pay around 20% but your credit looks terrible bad for many years. 3-file for bankruptcy but your credit will be remain bad for many years (7-10yrs) and you can't get a credit card or have to pay high interest for any loan. thanks mike thanks for advise

Has anyone gone through a debt settlement or debt counselling program. Can you lease a car while in it? Are you happy you did it? Any suggested companies? I am currently leasing an Audi and it runs up in a year and i am afraid i won't be able to lease another car if i am in either of the programs. i have never missed a payment and as of now i am current on all my bills, but i lost my high paying job and took a lower salary so i have debt built up and i need help. suggestions anyone? Thanks.

Where can a consumer find a letter to mail to a debtor to initate a negotiation for a lower debt settlement ? Such as a letter to settle with a debtor for a lower amount to get out of debt thanks Couldn't find one on dogpile.

How will negotiating a settlement for debt owed affect my credit? I am very deep in debt, mostly on one credit card. Should I hire an attorney to negotiate a settlement for me with the bank? If so, how will this affect my credit score? I care about my credit because I would like to buy a condo within the next year or two.

Where can a consumer find a letter to mail to a debtor to initiate a negotiation for a debt settlement? letter to settle with a debtor for a lower amount to get out of debt.

How does debt settlement work, and are those who have used it, happy with the results? Do all debts have to go on the plan, or can you select which?

Do you know any non-profit or other types of organizations that offer debt settlement service? I am looking for a reliable organization to settle my debt once and for all. Can anyone give me kind suggestions? Thank very very much in advacne :)

How do I find a reputable debt settlement company? I get tons of email from these companies, but how do I know which ones are the best? I'm not looking to get out of what I owe, but I need help getting back on track after being laid off for a few months and I'd like to get the creditors off my back. Any ideas?

How can I negotiate my own lump sum credit card debt settlement? I owe a large amount on my credit card and have not made a payment in sometime. I now have a lump sum of money and wanted to see if the cc company would negotiate on the amount owed. Much of that amount is late fees. Can anyone help me?

has anyone had any dealings with "debt settlement" companies? I am considering using a debt settlement company but am concerned about the details.

I have entered debt settlement with a company. They are no help. What next? what can i do now that debt settlement has only made matters worse with my credit card debt?