credit lawyer

Hi nef

Welcome to the forums. Did you have a look in your latest credit report from the 3 credit bureaus? It will help you to know the details of your past debts along with your lenders and you will be accordingly paying them.

If the lawyer is insisting you to pay the debt, ask him that you yourself want to clean your accounts in bad shape. But before that, they are required to provide you all the financial details of the said account. It is called debt validation and it is your legal weapon to know the details of your account before you start paying.

http://www.debtconsolidationcare.com/validation.html

You are required to send a debt validation letter which will give you the details of the following particulars.

• The details of the account.
  
  
• All the calculation should be shown of the amount that is owed.
  
  
• Any copies of the papers to be furnished that shows the payment agreement.
  
  
• Provide a verification or copy of any judgment if applicable
  
  
• The original creditor needs to be identified.
  
  
• The Statute of Limitation needs to be proven for the collection of the debt.
  
  
• The license of the collection agency applicable in the state is to be furnished along with the license numbers and Registered Agent
  
  
• Proof of the agreement that the debt collector has purchased the debt or has been hired by the creditor to collect the debt from the debtor as this is the basic contract law.
  
  
• Complete payment history showing the details of the creditors, payment history, amount of the debt, break up of fees/interest should be provided in paper.
  
  
• A copy of the original signed loan agreement between the debtor and the original creditor establishing the debt between both the parties also has to be produced.
  

After they have sent you the following details, you are required to pay off your debts to clean your credit file. For that, you can use the services of the debt consolidation company to obtain easy monthly installments at lower rate of interest.

The consultant of this consolidation company will proficiently negotiate with your lawyer to reduce or wipe off the financial charges and/or late fees accrued in your total debt. You will be offered a reduced amount in comparison to your total debt and you can clear your dues within a stipulated period of time.

The debt consolidation program will help you in improving your credit file by erasing all the negative marks printed in your report and you will be regaining your credit worthiness in the future.

Please register yourself in this site to get in touch with the consultant in your locality. He will be offering your budgeting and counseling sessions which will help you to acquire debt free life in a shorter period of time.

Regards
Roxette