If Credit Card Companies Sue You During Debt Settlement
February 19, 2010 | A Credit Card
http://www.CreditCardReliefFormula.org
What happens if A Credit Card company sues you during debt settlement? It is easy to settle your own debts often for a dime or two on the dollar. Creditors do not often sue you. But if they do, here’s what can happen…and you will be absolutely shocked.
Duration : 0:5:56
25 Responses to “If Credit Card Companies Sue You During Debt Settlement”
Cyber – not when …
Cyber – not when you get 80 percent of the debt because you get killed in a divorce……..
I agree it’s one thing having debt and agreeing to pay it. It is another thing when your agreed 5.9 interest goes to 29.9 for no reason. Never made a late payment and perfect history.
That is another matter and a reason new laws are coming into place.
By Velcroisaripoff on Feb 19, 2010
@Velcroisaripoff – …
@Velcroisaripoff – You are the one speaking bull. You have the debt because you spent money you didn’t have!
By CybershulDotCom on Feb 19, 2010
Debt settlement is …
Debt settlement is a scam.. call attorney generals office and RUN ….. rip off
By gregorymct on Feb 19, 2010
Gov’t Data is a lie …
Gov’t Data is a lie and a fraud in cahoots with the Blankfein’s of
WallStreet, manipulating the “American free market”,
high frequency trading, flash orders, naked short selling, on and on
The Goldman’s and Gov’t are in bed, setting the rules to benefit the few
Jobs been exported your labor de-valued to Zero to screw you into debt
Walk away from your CC cards and (underwater) mortgage
FICO scores are a scam to enslave you and keep you in debt
Get out of paper. Don’t be sheeple. Fight back!
By 407buddy on Feb 19, 2010
One part where you …
One part where you might be off is when they win in court, because they can garnish if they win.
HOWEVER,
Often, the CC companies are just looking for a default judgement, and if you answer them and fight back, as you stated correctly, they won’t go after you.
You will be at the bottom of the their list, and SOL will save you eventually.
Smart man here.
Good job.
By careymahoney1974 on Feb 19, 2010
signing check thing …
signing check thing? file ch 7
By bluediamond2077 on Feb 19, 2010
File bankruptcy . …
File bankruptcy .The whole system is going to collapse anyways and your credit won’t mean anything.
By bluediamond2077 on Feb 19, 2010
ch 7 you would have …
ch 7 you would have paid back 0% . Yeah your credit score may be a little better but who cares the banks are going to collapse and credit will only be for suckers who want to pay 30% interests rates
By bluediamond2077 on Feb 19, 2010
Debt settlement …
Debt settlement works. It worked for me. I only payed 40% of my debts.
By DebtEliminationDon on Feb 19, 2010
After 6 months: I …
After 6 months: I have to settle for $ 8000 but them whan from me to pay it only in 3 months. So, I don’t have that money to pay them. Also I asked payments by six months. That it not possible.
Now, What do will happend if i can’t settle? Please some body can help me. Thank you!
By heavyneptuno on Feb 19, 2010
stop paying for at …
stop paying for at least three months. They’ll be calling. When, they call, you can settle for about 50% and removal of your negative reports to your credit. you will have to close your account though.
By sergantfalcon on Feb 19, 2010
Yea its bull. Hate …
Yea its bull. Hate credit cards and only have the debt because of a divorce.
By Velcroisaripoff on Feb 19, 2010
Yes. I will wait 6 …
Yes. I will wait 6 months and offer them a 29.99% settlement just before 180 days and at the end of the month. I had paid down my citi card principle balance by 50% in one year and 29.9% interest is how they reward me.
By fubecabr on Feb 19, 2010
Do you have a citi …
Do you have a citi card and it went up to 29.99% because it happened to me :’[
By Velcroisaripoff on Feb 19, 2010
Actually credit is …
Actually credit is not “real money” Its just monopoly money and you dont have to pay into the corrupt banking system of american enslavement,, most mainstream ppl just know about settlement but that a HUGE scam so i figured ide share this info about this amazing company who helped me get rid of my debt within a year and protected my assets(home,bank) from any liens or levy..their cost is dirt cheap..check them out debtcrisissolutions(dot)com or call the person directly who helped me 347-492-4014
By 376Susan on Feb 19, 2010
SO, if you can’t or …
SO, if you can’t or won’t pay 29.9% interest, you’re a cheapskate?
By fubecabr on Feb 19, 2010
i have a 25000 debt …
i have a 25000 debt with that signing check thing..now out of the blue they raised my interest fee..now out of the 400 dollars i pay every month 100 goes towards the principle..BS any suggestions?
By starwars789 on Feb 19, 2010
or pay your debt, …
or pay your debt, you cheapskates….
By neonneo on Feb 19, 2010
erase yourdebt asap …
erase yourdebt asap. com
By bico375 on Feb 19, 2010
HEY FELLOW …
HEY FELLOW AMERICANS,
We created this debt, let’s find a way to fix this! We do not need to put Band Aid on it, WE NEED SURGERY, we need to get to the end.
By MORTGAGEMAN420 on Feb 19, 2010
chase? lol, theyre …
chase? lol, theyre full of shit
By imreallydumb123 on Feb 19, 2010
Hi, do you know …
Hi, do you know what a sworn denial is and how effective is it? Thanks
By NewTalent26 on Feb 19, 2010
Which banks are …
Which banks are known to keep good documantation records? Chase Bank?
By jc7622 on Feb 19, 2010
So, what you saying …
So, what you saying is do not show up at court and later challenge it if they find you default?
What would be the ground for such a challenges?
By Magyar1960 on Feb 19, 2010
Yes, lawsuits are …
Yes, lawsuits are just one more step to getting out of debt. They are not a terrible thing. I have anecdotal evidence that 80% of cases can be won as described in the video. And the rest, well, so what…they can be settled too.
By cognitivefun on Feb 19, 2010