Legal Question in Credit and Debt Law in Virginia

Debt settlement- part 2

Here's more info for my original question:

$88K (8 accts) enrolled w/debt settlement co, 4 accts settled, 1 acct obtained a judgement (making monthly pymts of $200, 3 accts pending. Settlement co guaranteed 60% reduction, we have already paid original obligation plus their fees. Now our balance is short to settle the 3 remaining accts, and so far they haven't been able to work out very good offers. We have pulled together all the $$ we could to put in our settlement acct, and now it doesn't seem to be enough. Should we continue on with the settlement co or try to handle this ourselves? We would like to get this taken care of and begin to repair our credit.


Asked on 4/08/08, 9:57 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Debt settlement- part 2

What makes you think that you could come up with any better settlement offers than the settlement company with respect to the three remaining accounts, or, perhaps, offers that are even as equally as good?

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Answered on 4/09/08, 8:10 pm


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