This post was inspired by my comment exchange with a site reader about negotiating a settlement with a Discover credit card that is now in the hands of a collections law firm. My comment would have been too lengthy a reply on the page the discussion originated, and this is also something that is not …
Michael Bovee, over on his Debt Relief and Credit Guides site has published a very good guide for people about how the major creditors are at providing settlements for problem debt. It’s a really good list and it ranks Chase, Bank of America, Wells Fargo, Discover Card, Citibank, Capital One, and American Express. For example, …
“Dear Steve, 10 years ago Discover card sued me but on that time, I was not aware this clearly and my roommate signed that summon. However, on 2003 around June they had a garnishment on my bank account and took all the money I had in my bank account. After that I did not receive …
“Dear Steve, In 2005 Discover card got a judgement against me in MN. My now ex-husband maxed out the card and tried to use techniques from a debt elimination company and failed. I have done nothing about it, I am stubbornly resolved it is not my debt, bit I was the card holder. Now they …
“Dear Steve, I was trying to modify and consolidate my Discover Card at the same time. The company I hired scammed me. I paid them over $4,000. Now I am being sued by Discover. I called the collection agency to work out payment agreement. They want an unreasonable amount down payment of $5000 and $400 …
Dear Steve, I opened an account with Discover back in 1993 and had good credit with them up until 2005 when I became ill, went out on disability, spent 2 years off and on in the hospitals, became inundated with medical bills and had to make tough choices on what bills I could continue paying. …
“Would you like to save 10 percent on your purchase today by applying for a retail store credit card?” Does that sound familiar? Just about every major clothing and electronics store has promotion aimed at getting people to sign up for a store-specific credit card. But what you don’t know about retail store credit cards …
“Dear Mitch, I live in Florida & about 6 months ago I had to stop paying on several of my credit cards because of an increase in medical expenses for my partner. I just received a notice from discover card stating that unless I begin payments today on my balance ($2915.00), they will send my …
“Dear Steve, Ten years ago, my husband and I decided to consolidate our remaining debts onto a low-interest credit card. I applied for the Discover card, and transferred about $55,000 of debt over to the card (car payments, student loan, another credit card, etc). I have made at least the minimum payment, usually more, on …
“Dear Damon, I divorced in 3/1997. my ex was given our money from 401K to pay off credit card debts, the break down came from his attorney. 1998 he filed for bankruptcy and didn’t pay the credit card bills. 9/4/11 my car was seized for these past due debts, but they sent paperwork notifying me …