Signature loans for bad credit

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the signature loans for bad credit information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Maurice, thank you for taking the time to answer my questions, it means a lot. I do have 2 more questions, and they are more asking for an opinion than anything else.

The card with the largest balance is a citibank with 6,500. In your experience, what are the odds that I will be able to settle after charge off, as opposed to being sued?

If I am sued, you were saying a lawyer is more or less a waste of time.... How could I possibly face and beat an attorney on my own?

If you are sued, you just need to answer and try to respond the best you can with the information you can easily find on the internet.

You need to keep in mind that they will win once they sue because you have a legal contract that is pretty much cut and dry.

With that said, getting a lawyer is not going to do much other than cost you money. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on signature loans for bad credit signature loans for bad credit the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of signature loans for bad credit lowest interest loans the individual author and may not reflect the opinions of the firm or any individual attorney. I have read in a couple places that some folks recommend mentioning possible bankruptcy to the debt collectors, basically saying that you are looking into it with a bankruptcy attorney, and that this sometimes will give you a little more leverage to reach a good settlement.


I need some money now

If one were to file bankruptcy, they may get nothing at all right? Obviously, I would avoid mentioning this unless the collector is really playing hardball. We are taking the 800 bucks per month that we are saving from making cc payments, and stashing it in savings. We want to have 3 or 4K in savings to be ready to settle with lump sums. I have read in a couple places that some folks recommend mentioning possible bankruptcy to the debt collectors, basically saying that you are looking into it with a bankruptcy attorney, and that this sometimes will give you a little more leverage to reach a good settlement. If one were to file bankruptcy, they may get nothing at all right? Obviously, I would avoid mentioning this unless the collector is really playing hardball.

We are taking the 800 bucks per month that we are saving from making cc payments, and stashing it in savings. We want to have 3 or 4K in savings to be ready to settle with lump sums. We let them know we had significant medical issues going on, and also used the below wording on the phone signature loans for bad credit with them...

They called us the next day and we set up the payment. There is really only 1 thing that I am a little confused about though.... I thought that all credit card banks automatically charge-off after 180 days?

Then I assumed that after charge-off, you are then dealing with a collection agency. The 3 cc banks that account personal loans for bad credit unsecured now loans I have cards with are Bank of America, Citibank, and Chase. Did you successfully settle with all of your cards? Bkakca, in your settlement journey, werent you worried about any of them suing? I have read in a couple places that some folks recommend mentioning possible bankruptcy to the debt collectors, basically saying that you are looking into it with bad credit long term loans a bankruptcy attorney, and that this sometimes will give you a little more leverage to reach a good settlement. If one were to file bankruptcy, they may get nothing at all right? Obviously, I would avoid mentioning this unless the collector is really playing hardball. We are taking the 800 bucks per month that we are saving from making cc payments, and stashing it in savings.

We want to have 3 or 4K in savings to be ready to settle with lump sums. If you qualified and filed for example, a chapter 7 bankrupcty, then they would most likely get nothing. You can also play hardball as bkakca stated by saying that you will just wait for the Statute of Limitations to run out. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the signature loans for bad credit individual author and may not reflect the opinions payday loans ohio of the firm or any individual attorney. Please Read our Bkakca, in your settlement journey, werent you worried about any of them suing? We successfully settled each card, there were four, if memory serves. Citi was charged off and sent to a CA called Client Services, and we settled that one with them. During that consult, they recommended we stop paying on our cards as well, blow everything up at once they said, and get it over with. We had never been late on anything either, and it was very hard. The attorney wanted to settle the cards for us too, and told us it would be in the 40-55 percent range. I had already found LoanSafe and had been reading everything I could, so we told them unsecured personal loans poor credit we needed to think about things first.

Within a day or two, we got settlement offers from BofA on both Helocs (just lucky timing, as they had a bunch the wanted to get rid of). I think we had to do about 45-50 percent to settle that one. It gives me hope that my situation can in fact work out.

Your settlements were exactly what I am looking for.

I am taking notes and stashing cash in my savings account, so I can be ready when settlements can be reached. I am really only confused about 1 aspect of this whole thing though..... I am not concerned about my credit score, so this is not a factor at all.


Direct lenders bad credit loans

I AM concerned however about being sued, and having my wages garnished. I just want to have a good grasp on whether to settle before or after charge-off. IF anyone else has any advice on this particular subject, please chime in! Oh and, I assume Bkakca that your credit score was trashed, is it starting to recover yet? It gives me hope that my situation can in fact work out. Your settlements were exactly what I am looking for.

I am taking notes and stashing cash in my savings account, so I can be ready when settlements can be reached. I am really only confused about 1 aspect of this whole thing though..... I am not concerned about my credit score, so this is not a factor at all. I AM concerned however about being sued, and having my wages garnished.

I just want to have a good grasp on whether to settle before or after charge-off. IF anyone else has any advice on this particular subject, please chime in! Oh and, I assume Bkakca that your credit score was trashed, is it starting to recover yet?

I would not contact any of them for settlement, that makes you seem worried and them less likely to offer their best settlement (unless you are been sued). Do to business failing, we defaulted on everything at once, around 20 different accounts and mortgages, settled about 10-12 of them only. SOL has passed but because we no longer have any credit our credit scores are trashed, went from about Ok just thought I would give a little update.

So far, the banks have started to call and email, notifying us that we have missed payments. It is a free service he offers, and he actually recommends settling on your own, as opposed to hiring a debt settlement company. I knew this already, signature loans for bad credit but it was good to hear him say it as well. What I have learned so far, is that I may have gotten lucky, specifically with the 3 banks I am going to be dealing with.

The information that I got from Michael on the phone is... Obviously not impossible, because it can depend on who ends up with the debt.