I had a credit card, I went through Consumer Credit and paid for a year, I couldn't afford monthly payments so I decided on debt settlement through another program. This credit card was turned over to a collection agency/attorney. I pay debt that is settlled and usually at half of the original amount when I have enough saved. This specific one I do not have the money for up front and the collection company will not settle for the amounts I propose to them through the debt settlement co. They have filed a claim with the National Arbitration Forum. I have to respond within 14 days to the forum with a response to the claim. I immediately signed up with Consumer Credit again, but it takes awhile for them to propose to the original creditor. I may know in about ten days whether the original creditor will reply and accept the proposal and then recall the account from the collection co but I don't know what to do about the response I have to file with National Arbitration Forum.
2007-01-16
15:24:55
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2 answers
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Pleasehelp
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Business & Finance
➔ Credit