my problems started about 5-years ago.the first thing is i lost my job,then my wife was forced into retirement with a lump sum of about $12,000.00 before taxes.
Next was Hurricane Rita that total destroyed our Home.Insurance covered the rest of the mortgage which left us with very little.On the money we received we had the cleanup of trees, debris and get the place ready for rebuilding.
BY this time i was $25.000.00 in credit card debt.Well i hooked up with Fast Debt Solution in Texas.We had made an agreement in which i would deposit $400.00 per month in a special account to negotiate with the Credit Card Co’s. Of course i had to pay them their fees up front which was some $3500.00 at $145.00 per month then the full $400.00 per month was deposited every month to deal with the creditors .
Some 3 months ago Fast Debt Solutions went out of business. I was told that some law firm in Texas was taking over their customers but wanted a fee to hand le the balance which i said no.I felt Fast Debt Solution did not live up to their agreement,collected their fees and then wanted me to pay some more fees to this attorney.
Any way i was blessed that i had only 2-creditors to deal with and we have decided on a amount on 1 which will be paid off in August.Then i have 1-more to deal with.I didn’t mention the fact that my wife had a major Stroke 2-1/2 yrs ago.we are both in our 70′s and now on fixed income S S.I know i must sound like a broken record,but i guess what i want to ask you is when a bank,credit card co writes off a debt what are my options and do you think i could get some of my fees back from Fast Debt Solutions.
Is there any way something could be done?
should i try to negotiate with a creditor who has bought the note,but the bank has wrote it off.
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