Category: Debt Settlement

National Debt Relief Review

Many of my readers have asked me about debt settlement companies and if there are any I would recommend. While I’ve touched on the subject in previous posts, I’ve never properly reviewed a reputable debt settlement company such as National Debt Relief. How National Debt Relief Works Debt …

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 agency? Response In my …

Ins and Outs of Debt Settlement Companies

Question Do you have any advice on debt settlement companies? I am involved with one now and I am not sure I made the right decision. Response I personally do not like debt settlement companies and wouldn’t advise anyone to use one. The true benefit from getting out …

Negotiate Full Debt Amount or Settlement?

Question I have an unpaid account in collections. But the original creditor is also on my credit report. Which one should I negotiate with to pay and have it removed? Do I negotiate the full amount, or the settlement amount? Response Try to stay away from collection agencies …