Comments on: Helpful hints for Debt Settlement http://debtprison.net/wordpress/598/helpful-hints-debt-settlement/ Financial Opinion Tue, 15 May 2012 21:13:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike http://debtprison.net/wordpress/598/helpful-hints-debt-settlement/comment-page-1/#comment-13893 Mike Fri, 20 Apr 2012 01:12:28 +0000 http://debtprison.net/wordpress/?p=598#comment-13893 I am $60,000 in debt on a HELOC due to a forecluse. I had an agreed upon short sale with my first mortgage company but BoA wouldn't agree on the second HELOC. The home forclosed 4 years ago and I would like to attempt to purchase a new home. The HELOC is with a collection agency and I was told by BoA that they collection agency is servicing the debt that it hasn't been sold. Should I attempt to settle the debt with the collection agency or BoA. I am looking for advise as I could only pay 10% of the debt. Please help. I am $60,000 in debt on a HELOC due to a forecluse. I had an agreed upon short sale with my first mortgage company but BoA wouldn’t agree on the second HELOC. The home forclosed 4 years ago and I would like to attempt to purchase a new home. The HELOC is with a collection agency and I was told by BoA that they collection agency is servicing the debt that it hasn’t been sold. Should I attempt to settle the debt with the collection agency or BoA. I am looking for advise as I could only pay 10% of the debt. Please help.

]]> By: victor http://debtprison.net/wordpress/598/helpful-hints-debt-settlement/comment-page-1/#comment-13891 victor Thu, 19 Apr 2012 04:32:40 +0000 http://debtprison.net/wordpress/?p=598#comment-13891 I have a debt with Amazon for their 'store card' I think the credit is with GE. At the start I missed payments for about 2 months and was being constantly called by them. One of this times I answered and was told that I could make a payment and get back on track if I did it that day (the 5th of the month), I agreed but made the payment online. A month later I got an email stating that my account was now closed because of being 3 months without payment. I got in contact with them and was told that it happened because payment over the internet took longer than phone and they received the payment late. After this I just lost interest in settling that debt as the payment I made before was just used to pay late fees I shouldn't have added to my account. I continued receiving calls from them and having late fees added to the total debt. Any pointers to what action I should take to settle this again? I have a debt with Amazon for their ‘store card’ I think the credit is with GE.

At the start I missed payments for about 2 months and was being constantly called by them. One of this times I answered and was told that I could make a payment and get back on track if I did it that day (the 5th of the month), I agreed but made the payment online. A month later I got an email stating that my account was now closed because of being 3 months without payment. I got in contact with them and was told that it happened because payment over the internet took longer than phone and they received the payment late. After this I just lost interest in settling that debt as the payment I made before was just used to pay late fees I shouldn’t have added to my account. I continued receiving calls from them and having late fees added to the total debt.

Any pointers to what action I should take to settle this again?

]]> By: Thomas http://debtprison.net/wordpress/598/helpful-hints-debt-settlement/comment-page-1/#comment-13544 Thomas Thu, 09 Feb 2012 20:59:24 +0000 http://debtprison.net/wordpress/?p=598#comment-13544 Hello debt prison it is such a relief to find such a resource like this so thank you very much for investing your time and effort to help people like myself who dont know which way is up. If you could perhaps point me in the right direction with my personal situation it would be very appreciated sir. Im 27 years old Im around $10,000 in debt and im now in collections with alliance one. My debt is from three traffic tickets from 2004 (697.00), 2007 (1,054.00) and 2009 (8,062) I have 800 I can use immediatly if you can help with some advice I would be very thankful Hello debt prison it is such a relief to find such a resource like this so thank you very much for investing your time and effort to help people like myself who dont know which way is up. If you could perhaps point me in the right direction with my personal situation it would be very appreciated sir.

Im 27 years old
Im around $10,000 in debt and im now in collections with alliance one.
My debt is from three traffic tickets from 2004 (697.00), 2007 (1,054.00) and 2009 (8,062)
I have 800 I can use immediatly if you can help with some advice I would be very thankful

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