Subscribe to our mailing list

X

I Had an Account Charge Off, Tried to Settle It, But Now I Can’t Pay. – Will

By on July 21, 2011
I Had an Account Charge Off, Tried to Settle It, But Now I Can’t Pay. – Will

“Dear Damon,

I owe on a debt that was charged off and when I tried to make arrangements to settle it a couple of yrs ago the creditor didn’t have my account anymore. I tried to receive information from them about the recent creditor so I could try to settle the debt but they wouldn’t give it to me.

Now I just moved 2 months ago and a month after I moved I received a letter about the debt but didn’t have any money to pay it because the money I did have was used for moving expenses. 2 weeks later I get another letter and harassing phone calls about the debt. I receive SSI and I really can’t afford to make any arrangements to pay the debt right now b/c I moved.

How can I try to settle the debt with the debt collector and without the situation ending up court and how can I stop them from calling me everyday?

Will”

Hello Will,

Well that depends. How long will it take you to raise the funds to settle with them? Typically SSI is protected income. Do you have any other assets? There really is no good way to prevent them from calling. If you send a cease communication letter it could prompt a lawsuit.

How old is the debt? Is this the only debt you have? How much is it for?

Damon is a talented independent debt coach that provides in-depth assistance and consultations for people struggling with debt. If you want a personal debt coach to help you through a difficult situation or want assistance to find secret discounts offered by debt settlement companies I think Damon Day is an excellent person to contact for advice and assistance. He can be reached directly at DamonDay.com

If you have a debt related question you’d like to ask, just use the online form.

READ  I Was Making Payments to Bank of America and The Charged Off My Debt - Michelle

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Damon Day

Damon Day is a talented Debt Coach who offers fee based consultations to consumers as an alternative to the typical free debt relief consultations which are nothing more than thinly veiled sales pitches lacking any real information to help a consumer make a good decision. You can learn more about how he can protect you from getting ripped off at DamonDay.com

Share a Comment / Leave a Reply

%d bloggers like this: