I Left My High School Sweetheart and Now My Credit is Trashed. – Christine

I left my high school sweethart four years ago which put me in my own apartment. I had a great job at the time and got laid off about one year later.. I have about six credit cards which are all in collections after the past two years. I do work full time but i … Read more

I Have a Number of Small Accounts I Want to Pay Off in Collections. – Orlando

“Dear Steve, I have about 12 accounts that are collections they are all small amounts 100 to 700 dollars. On my current income I can pay out 250.00 a month how can I go about paying to #1 pay the least amount total. #2 has the maximum positive effect on my very poor credit? I … Read more

What in the World Do I Pay First to Clean Up My Credit Report? – Susan

“Dear Steve, I have a lot of charge offs and medical bill collections, I also have a few good accounts on file. What in the world do I pay first to clean my report up? Susan” Dear Susan, First, get a copy of your consolidated credit report. This consolidated credit report is the same one … Read more

We’re Behind on Bills and Debt Collectors Are Threatening to Sue Us. – Krisstina

Krisstina “Dear Steve, We’re behind on bills. My husband had to leave his former job when he worked as a delivery driver for a furniture company and his pay became almost non-existant for a few months until he could find another job. We were good enough to stay afloat for a while we were ahead … Read more

What Do You Think Would Be The Best Way to Deal With This Debt? – Harold

Harold “Dear Steve, I have credit card debt of about $30,000. I was out of work for awhile, I tried the self employment thing for several years but couldn’t get ahead with that. I now have a decent job, the pay is only about $23,000 a year but it is steady and it’s government and … Read more

I Have an Account With HSBC And They Don’t Want to Settle. – Arvin

Arvin “Dear Steve, I opened an account with HSBC in 2004 for $1,600. I have been making my monthly payments even more than the minimum monthly payment required. However, due to my current financial hardship, I was not able to pay monthly. The interest rate is 23.80% and penalties kept adding to my account in … Read more

I Lived in California and Had a Debt I Did Not Pay. I Now Live in New Jersey. – Monika

Monika “Dear Steve, I lived in California when I incurred credit card debt of $1300 in 2003. In 2005, I got married and moved to Texas and have been uemployed since then to pursue higher education. In 2009, I moved to New Jersey and started getting mails and phone calls from a collection agency regarding … Read more

I Owe on a Cell Phone Bill for Downloads That Are Not Mine. – L

L “Dear Steve, There is an outstanding cell phone bill from more than 6 years ago that the phone co kept adding download charges to for a phone number that had been terminated by us. We tried to have the situation resolved and even offered to pay only what we knew we owed if they … Read more

My Mother is Disabled and Bedridden in a Nursing Home and Chased by Debt Collectors. – Carolyn

“Dear Steve, My mom is bedridden and disabled in a nursing home for over 5 years. The credit cards she left behind were notified of her phsycial and finaancial inability to pay these debts over 4 years ago. I was told by her lawyer to ignore all communication about her debts which I have done … Read more

Why The Debt Collector Works Hard to Manipulate You

So you’re a debtor and this is your first time in financial trouble. It is scary, frightening and you are completely stressed out. Some people even kill themselves over the debt. The last thing you want to see are late notices or get calls from the debt collector. You’re just not that experienced playing the … Read more

I Want to Hide From My Creditors – Janet

“Dear Steve, If I don’t pay unsecured creditors like personal and business lines of credit and I disappear as you have described. What can the creditors do to collect? Do they look for corp bank accounts I might have created? Janet” Dear Janet, If you go back and read the article I wrote, “How to … Read more

Would You Like to Be a Debt Collector?

Recruitment Video For Debt Collectors This recruiting video for a major banks debt collection department is very interesting if you listen closely to the words. I’d suggest that you even consider watching it with your eyes closed. I think you’ll find the video a very interesting approach to try to put a positive spin on … Read more