Best way to get caught up
Date: Fri, 03/02/2012 - 13:34
Best way to get caught up
Thanks & take care,
Belinda
Check your credit report and find out the status of the accounts
Check your credit report and find out the status of the accounts. If the accounts have been assigned to the CAs, then you'll have to deal with them. If the accounts have not yet been assigned to the CAs, then you'll have to work with the creditors. Negotiate with the credit card companies/CA's to reduce the total debt amount.
You can check out the following link to know about the steps to settle debt:
http://www.debtconsolidationcare.com/steps.html
CC companies usually charge off accounts after 90 to 180 days fr
CC companies usually charge off accounts after 90 to 180 days from the date of payment delinquency. Since you haven't made a payment in a year or more, there is a high probability that you might have to deal with collection agencies.
