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Home > Ask The Get Out of Debt Experts > I Had an Account Charge Off, Tried to Settle It, But Now I Can’t Pay. – Will

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?


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

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

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About Damon Day

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

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