Debt management

I owned a small s corp biz for two years with a friend. I left the business and my partner was late with the payments on the company's wells fargo credit card which I had taken out for the business. Apparently there was an ultimatum for payment which I never learned about (they stated they couldn't get in touch with me) and last January the WF collection department took $3700 out of my personal checking account. Upon learning of this, I called and worked out a payment plan for by ex biz partner who has been paying on a monthly basis as soon as he gets paid from his job.

I was just wondering, how much proof should I need before paying a collection agency? I talked to a lady over the phone and she said she'll send me a letter regarding my debt before I can make payments and all she sent me is a letter stating

my original creditor
my account #
the breakdown of my debt
confirmation (without proof) that they are authorized agents acting on behalf of the named client

is this enough validation?

I am in of some info my mother is on disabilty income and she has gotten over her head in secured loans the ones that u put up collateral. I try to help her out paying on some of them but I have over extended my self. Is there any companies that offer some sort of consolidation for this. She doesnt have bad credit but it is not perfect either. Can some one pleeeeseee help!!!

i have a court date for a warrant in debt in two days in another city. i cant be there and wonder what happens if i am found guilty. i dont have any assets and am trying to file for bankruptcy. i do have a car that i make payments on. will they take my car or garnish my wages?

Hi,

A lot of people today are experiencing heavy debt burdens, and the numbers are rising day by day. Debt consolidation is the most economical way to get out of debt, as instead of many payments to various creditors, the debtor will make only one.

Please share your opinion here..

Hello All,

What effect will a Debt Management Plan have on my credit rating?

Please give me some comments about my quesion.

Thanks in advance..

I'm being sued by Gamache & Myers PC.

There was a sheriff's officer that brought the summons to my home this afternoon, 7-19-09 (on a Sunday is weird). Anyway, it was signed by a county clerk on 6-26-09 (23 days ago). On the summons it states that it was to be served no less than 10 days, or more than 30 days prior to the court date. Court is set for this Tuesday, 7-21-09 (2 days). Also, he gave it to my husband instead of me, didn't fill out ANY of the info regarding his name and signature, who he served it to, where it was served, or the date and time.

I am the one that approached the collection agency? I called my original creditor, which was a bank and they said they've transferred my account to a collection and gave me a number to call. I called it, and all they asked for was my full name and said I owe them this much (which was pretty much on the dot).

Should I still send a debt validation at this point or can they be fully trusted since it was the original creditor that gave me their number?

Hello All Members,

I run a business.

How will the IVA affect my business ?

Please share your suggestion here...

Anyone Give me some comments about my question ....

My partner and I have joint debts.

Can we lump them all together in the same IVA ?

Thanks in Advance...