My nephew is going through severe debt problems. I have agreed to pay off his credit card debt. The original creditor says that he has assigned the account to a debt collection agency. However, the debt collection agency is saying that they have assigned/sold the account to a law firm. Now, I’m utterly confused. Whom should I pay and how much?
My daddy and I share the same first name, I have a middle name and he does not. So long story short he financed a truck and the people he went throw put it on my SSN. So it shows up on my credit report. How do I get this off?
I need to get out off debt can you help as I am unemployed and my partner only has a part-time job of 3 hours a day 6 days per week. You owe $70,000 and you don’t work. To me bankruptcy is your ONLY option. You will need to find money just to file that.
I would like to know how to find out who are the collection agencies that that are on my credit report?
I have sent a written request to a collection agency for debt validation. The collection agency sent me a letter wherein the contact information of the creditor was written. I didn’t find anything else in the letter. Does this constitute as proper validation of debt?
I want to cancel a credit card because I just don't need this many. I was told that canceling a card is bad for your rating. I got a letter from the card company and if I refuse to accept the new high rates, I can't make any new purchases again. I don't owe them or anyone else any money. Will they cancel the card automatically if I refuse the new terms? What is the best way to get rid of this card without negatively affecting my credit rating?
To maintain a good credit score, what is best way to eliminate, cancel or dispose of two credit cards that I do not need nor want?
Is it possible to have a judgement against me not showing on my credit report? How can I be sure.
How could I remove ststus Charge-Off from my credit report. The account was settled and paid, with a zero balance.
I sent a letter disputing a debt to the collection agency within 30 days. I received a letter in the mail yesterday 4/28/2013 dated 4/23/2013 with a copy of bill showing a previous balance from the Original creditor. It was for wireless phone service. I have receipt for payment on December 1, 2008 which is prior to what is covered by the bill copy. At the time of payment I also asked that my line of service be terminated as I was moving to China. I don't have a receipt/confirmation showing I asked it to be terminated.