Keep good records!
Keeping good records during your debt settlement process is crucial to success. This can be the difference between a good and bad settlement. Don’t expect them to remember you or what you agreed upon. Other pointers:
> Send all correspondence via registered mail (about $2 a letter) or send a fax with a [...]
What makes a creditor say ‘yes’ to a debt settlement?
In very rare circumstances (like never) creditors agree to help you out of your debt problems because they are nice people. Creditors agree to a plan because they may feel this is their only chance to get money from you. Their thinking is that some [...]
The original creditor is the credit card company or lending institution that issued your loan or credit card. If your account is not in collections, then the company you want to deal with is the original creditor. If your account has been turned over to collections, then the original creditor will not even deal with [...]
