A few month’s ago, I started working with National Debt Relief to settle 2 credit cards….1 with Discover and one with Citibank.

I have had no issues until the other day, when someone from Citi called me to say they don’t work with debt settlement companies.

So, I have my debt settlement company telling me "don’t listen to the creditors, they are just trying to scare you", and then I have Citi telling me "don’t listen to the debt settlement company because they take your money and never pay us…a law was passed last year that we no longer work with debt settlement"

When I first enrolled into the settlement program, they said they did work with both banks, I had to provide my statements and they seem completely legit. I have a certain amount of money automatically being deposted into a trust account with the settlement company uses to pay off attorney fees and my creditors over a specific period of time.

How do I determine who is telling me the truth, and if my debt settlement isn’t working, what do I do with Citi? They did send me a letter asking me to settle…so what’s the difference if I settle through debt relief vs. settling directly through me?
If it helps, Discover has contacted me and is aware that I’m working with debt settlement and seemed more than okay with that. and they both sent me letters to settle for less than what i owe. it isn’t very much debt at all….just what I couldn’t pay off from my old lifestyle, after I had to move across the country and take a job making much less than i had before.

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I just heard about Attorney General Cuomo of New York filing a lawsuit against Credit Solutions, the debt relief company. I live in NY and was a customer of Credit Solutions a few years ago. I paid them about 2K overall and they never helped me settle any debt. How do I get involved in the lawsuit?

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Probably cant get a loan to pay them off because of my bad credit? My mom has good credit and might help me out though. Still wouldnt even know where to start.

My cards are in horrible standing. At this point they are all closed accounts. They want their money in full (or a settled amount). I have a better job now and I can afford to pay 250 a month towards this.

Any debt consolidation ideas; loan ideas; debt-relief programs??!?!?!

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i have cut down expenses in the household and still cannot pay these credit card bills. My credit scores are already low and about 3 of 6 credit cards are delinquent. should i ask a debt relief agency to help me settle these debts? I understand this will have a negative impact on my credit scores but i am still young and i have time to repair it. My main concern now is to pay off my debts asap.

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Earlier I asked about how to get some debt relief.
1. I cannot transfer balances to another card as I cannot get approved w/ a 0% card because I already have too much debt.
2. I can’t get a home equity loan because I don’t have enough equity.
3. I called Amex today as my minumum w/ them alone is 250 a month at 30% interest. The best they would offer was 14.99%. When I mentioned that I did not want to go into a debt settlement program, they said that they do not participate in that.

Any other ideas?

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