I have no job, just graduated, have a younger child, and am discovering that a BA does not do ANYTHING but make you more poor.

I am selling everything I own to raise the money. What is the lowest percentage they will usually settle for of the total amount owed?

My plan is to send an Answer and a Declaration of Appearance to deny the charges and request documents verifying the debt to buy me some time. How do I go from there?

Do I send them a low ball offer and then wait for a reply?

Please tell me how the game is played.

THE REALLY SUCKY PART? I hardly played a hand in accumulating the debt myself, but must bear the responsibility because it’s in my name.
Also, how long does it usually take for them to get back to you after you send an Answer?
Really? 25%? Do you think they’ll take that?

Also, after I settle will it still show on my credit? Do I need to wait for them to send me something in writing to conform that the debt is satisfied or will they take my money and try saying I agreed to a greater amount? So many questions.

Technorati Tags: appearance, ba, game, job, money, reply, request documents

we dont have any credit cards… should My husband file for bankruptcy… after the short sale.. or do we just do the short sale..

We would like to buy another house… but they said Bankruptcy will be 2 years and Short sale was 3 but now its 2 years.. it will be awesome lol if they went to 1 year..

What should be do.. Clueless..
Serious advisors only.. Please dont reply with those other strange messages
PLEASE DON’T ANSWER THIS QUESTION WITH THOSE BOGUS WEBSITE.

PLEASE.. THANKS

Technorati Tags: bankruptcy, bogus website, credit cards, lol, reply, strange messages

to drive to Manchester every weekend to work voluntary in a school on Mondays. I will also need my car when I get a new job. It would be worth about £1000 but it has 2 small dents, a few scratches, the washer fluid bottle is broken, the windscreen wipers need replacing, the passenger door was replaced after an accident and sometimes won’t open and the electric windows on this side don’t work anymore. Secondly, how can I avoid my parents house (which I still live at) being blacklisted? I don’t want them to be affected. I know the house won’t be taken cus it’s not mine but I want to make sure they can obtain credit in the future if they ever wanted it. Thanks. Please don’t reply if you are simply guessing. I need fact. Thanks

Technorati Tags: electric windows, new job, parents, reply, scratches, small dents, washer fluid, windscreen wipers

we dont have any credit cards… should My husband file for bankruptcy… after the short sale.. or do we just do the short sale..

We would like to buy another house… but they said Bankruptcy will be 2 years and Short sale was 3 but now its 2 years.. it will be awesome lol if they went to 1 year..

What should be do.. Clueless..
Serious advisors only.. Please dont reply with those other strange messages
I KNOW THAT I CAN TALK TO A LAWYER BUT I WANTED TO GET SOME SITE FROM THE PEOPLE HERE.. THAT IS WHAT THIS SITE IS FOR AND THAT IS WHAT I LOVE SO MUCH ABOUT YAHOO ANSWERS,…WHEN I DO DECIDE TO TALK TO A LAWYER I WILL KNOW WHAT IMPORTANT STUFF TO ASK ETC.. SO PLEASE SERIOUS PEOPLE ONLY… THANKS

Technorati Tags: bankruptcy, credit cards, lawyer, lol, reply, strange messages, yahoo, yahoo answers

& Bought/Purchased stuff they KNEW they WOULDN’t pay back..?? & if so is this illegal..?? it has to be, right? have people ever been busted for it is guess is my biggest question, seems like it could be a serious crime if busted for it & no I am not doing this myself! please dont reply unless U really understand the question bein asked… TYVM!

Technorati Tags: amp, reply

I was recently personally served with legal papers, Petition for Confirmation of Arbitration Award with a hearing date of August 8, 2007. This was from MBNA credit card, asking for ,800. I owe them about ,200. I would like to settle with them before judgment gets confirmed with the courthouse to avoid wage garnishments and liens. I am the major breadwinner of the household and would like to know if it is best to settle with them before the court date or to have judgment confirmed and then settle with them at that time. I wish to keep my financial issues private and not be known by my employer (I work in the legal field). A year and half ago, I signed up with a debt management company to assist me in consolidating and settling all of my outstanding debt. When I discussed the matter with them, they said that I should file an Answer, but the document is not a complaint, but a petition. What proper reply or opposition should I file while discussing settlement with MBNA? Thank u

Technorati Tags: arbitration award, august 8, breadwinner, confirmation, credit card, debt management company, household, judgment, opposition, petition, reply, wage garnishments

never being late?
According to the fair credit act, a letter to settle including a check for less than the amount owed , conditions upon cashing the check are that the creditor must report to the credit bureaus as the account never having been late.
I heard such a letter was impractical and that they won’t reply, or honor such a request, but it can be done under certain circumstances, such as a very very late bill, or request by an attorney.
Anyone know of the form to write the letter in to state it clearly and send it to the creditor?

Technorati Tags: circumstances, credit bureaus, creditor, fair credit act, reply