http://getoutofdebt.org/7713/do-i-meet-the-four-traits-of-a-top-financial-blogger Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://getoutofdebt.org/7713/do-i-meet-the-four-traits-of-a-top-financial-blogger#comment-16182 robin Fri, 23 Oct 2009 05:43:57 +0000 http://getoutofdebt.org/?p=7713#comment-16182 I settled both my bank of america and my capital one (total about 30k) without an attorney. I lost my job and couldn't pay. I told my creditors that I planned to file for chapter 7 bankruptcy. Of course the accounts were charged off and turned over to collection agencies. I guess the accounts were in pre-litigation (that's what I was told by the collection agencies). I was struggling with major depression at the time and I had paid nothing on either account for maybe 10 months. I finally got around to filling out the bankruptcy forms (available online) and at that point decided to contact the collection agencies. Bank of america settled for 45% and capital one settled for 50%. It was a fortoitous coincidence that I received a back payment of thirteen thousand from my long-term disability policy. Bottom lne: I was able to settle both accounts for less than 50% without filing for bankruptcy. Unless your situation is very complicated, why pay an attorney to do something you may be able to do for yourself? I say ditch the attorney and deal with your creditor yourself. .-= robin´s last blog ..<a href="http://angrysocialworker.blogspot.com/2009/10/monster-of-analogy.html" rel="nofollow">A Monster of an Analogy</a> =-. I settled both my bank of america and my capital one (total about 30k) without an attorney. I lost my job and couldn’t pay. I told my creditors that I planned to file for chapter 7 bankruptcy. Of course the accounts were charged off and turned over to collection agencies. I guess the accounts were in pre-litigation (that’s what I was told by the collection agencies). I was struggling with major depression at the time and I had paid nothing on either account for maybe 10 months. I finally got around to filling out the bankruptcy forms (available online) and at that point decided to contact the collection agencies. Bank of america settled for 45% and capital one settled for 50%. It was a fortoitous coincidence that I received a back payment of thirteen thousand from my long-term disability policy. Bottom lne: I was able to settle both accounts for less than 50% without filing for bankruptcy. Unless your situation is very complicated, why pay an attorney to do something you may be able to do for yourself? I say ditch the attorney and deal with your creditor yourself.
.-= robin´s last blog ..A Monster of an Analogy =-.

]]> http://getoutofdebt.org/7713/do-i-meet-the-four-traits-of-a-top-financial-blogger#comment-15532 judy Mon, 21 Sep 2009 21:18:53 +0000 http://getoutofdebt.org/?p=7713#comment-15532 I hired an attr to help me settle an amex card account for over 50 thousand dollars. He is ripping me off bigtime, I have already given him 3500 dollars and he wants more to make the first offer to the Amex Attr. I do not have it and so I am asking advise on what to do to shelter my assets . I am in texas and my corp business is in nevada.I have decided to fire the attr and I know amex will sue me. What would you do. thanks Judy I hired an attr to help me settle an amex card account for over 50 thousand dollars. He is ripping me off bigtime, I have already given him 3500 dollars and he wants more to make the first offer to the Amex Attr. I do not have it and so I am asking advise on what to do to shelter my assets . I am in texas and my corp business is in nevada.I have decided to fire the attr and I know amex will sue me. What would you do. thanks Judy

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