I suffered under the influence of a debt settlement company over 18 months ago. Debt Settlement Professionals out of Florida. I challenged them, contacted BBB and received a refund… thanks to your help!
I have been working on trying to fix what has happened to my credit due to this issue.
I was offered an offer on one of my accounts to settle. I mailed in my check, it was cashed and that was 6 months ago. I was just called today by a debt collector who is seeking payment..
Here is issue. How can I avoid having the rest of this debt be paid? I made good on my account, was told verbally on the phone it was taken care of. I spoke to the creditor tonight.
Now this was the answer. Due to the fact you MAILED in the money and did not set up an automatic withdrawl payment plan on this account we can NOT honor your payment. It was credited and you still owe the remainder.
I don’t have a leg to stand on. Is it time to declare BK?
Yea, never send in a settlement payment unless you get it in writing first. Some collectors are just flat out liars.
I’d love to tell you there is a likely possibility of a happy outcome but the reality is that if they are not going to honor their previous commitment and there is no written record of the offer and acceptance, then you are in a bad place.
At this point I’d suggest you get two opinions. First, contact one of the AACC settlement companies that puts consumers first and speak to a local bankruptcy attorney about your situation. Then we can make a better decision about how to move forward.
You can click here to find a local bankruptcy attorney and if you’d like a second opinion about your situation or a personal consultation by another debt coach, please feel free to contact
Please post your responses and follow-up messages to me on this in the comments section below.