These videos and documents are provided for informational purposes only. They are not intended to serve as legal advice, and they do not create an attorney-client relationship. Your specific legal problem may require specific legal advise. Call our office if you need to discuss a legal concern.
be prepared to explain to your creditor why you cannot pay.
A Charge-off is 1) an accounting entry for your creditor and 2) a report that is sent to the credit bureaus and becomes incorporated into your credit score.
This letter is sent to dispute the following information within my credit file.
Is debt weighing you down? Do you feel like you are digging yourself deeper and deeper into a dark and dingy financial hole? Stop digging, and start reading. Most debt collectors will accept a settlement of 50% or less of the overall balance due after a default and charge-off. As a veteran collector and consumer advisor, my debt settlement secrets learned over many years are now being passed along to you to illuminate the debt settlement process. Instead of navigating blindly, flip on the lights to help guide you to a path of financial freedom.Amy K. Kenyon