“Dear Steve, I have approximately 50K in credit car debt with Bank of America – 32K in a personal card, and 16k in business cards which are guaranteed by me. I was a real estate developer and well, things just went south and spiraled out of control. I have some steady income now by going …
1) I agreed to settle my debt with BOA on day X. 2) I requested to have a settlement letter sent and was told that it would be faxed on day (X + 1). 3) On business day (X + 2), I called because I ddi not receive my settlement letter. I was told that …
“Dear Steve, I entered a debt settlement a couple months back that allows for 4 payments, each increasing incrementally. I am having trouble making the full 3rd payment. Does anyone know what will happen if I only make a partial payment? The settlement terms letter indicated any inability to make a payment would result in …