Monthly Archive:: December 2008

Can I Deal with Original Creditor After a Charge Off?

Question I had an account with Citi that went to collections after a charge off, can I bypass the collection agency and call Citi directly? Response Yes, in most cases you can do this. As a matter of fact, I recommend always calling the

When Are Creditors Willing To Settle?

Question I have several credit cards in varying stages of delinquency. How far behind does one typically have to  fall, before a creditor is ready to accept a reduced settlement? And when do creditors typically give up and send the account to a collection