advertisement
Reply
Thread Tools Display Modes
sarahsweets
Threadtastic Postaholic
 
sarahsweets's Avatar
sarahsweets has no updates.
 
Member Since: Dec 2018
Location: New Jersey
Posts: 6,006 (SuperPoster!)
5 yr Member
192 hugs
given
PC PoohBah!
Default Oct 21, 2020 at 03:56 AM
  #1
We suffered with the recession of 08'. We nearly lost our house. We have a previous bankruptcy in our history as well. It is probably discharged. But over the years since I know there are errors and other debts that have popped up that are caught in the web of resold-debt collectors and the dispute process is so entrenched and time consuming I would like to hire someone to help me through it. I see commercials for companies and have also seen some reviews on yelp but I dont want to cold call someplace without knowing about them. Who has used one of these companies before? Did it work? Was it a good or bad experience?

__________________
"I carried a watermelon?"

President of the no F's given society.
sarahsweets is offline   Reply With QuoteReply With Quote
 
Hugs from:
RoxanneToto, Yaowen

advertisement
Observer82AB
New Member
Observer82AB has no updates.
 
Member Since: Apr 2021
Location: Oklahoma
Posts: 2
2 yr Member
Default Apr 20, 2021 at 05:25 PM
  #2
Really no such thing. They'll go over your credit and maybe fix something to make it right, but overall the initial damage has been done and generally speaking can not be undone by anyone including a third party that is gaslighting you into paying them good money. Been there. Done that.
Observer82AB is offline   Reply With QuoteReply With Quote
Aviza
Magnate
 
Aviza's Avatar
Aviza Calm
 
Member Since: Jan 2013
Location: Midwest
Posts: 2,456
10 yr Member
86 hugs
given
PC PoohBah!
Default Apr 27, 2021 at 06:07 PM
  #3
Pay the debt, companies don't do much but cost a lot. It's really up to you.

__________________
Son: 14, 12/15/2009 R.I.P.
Daughter: 20
Diagnosis: Bipolar with Psychosis. Latuda 100 mgs.
Aviza is offline   Reply With QuoteReply With Quote
RollercoasterLover
Member
RollercoasterLover In a healthy mental space.
 
Member Since: Apr 2021
Location: New Jersey
Posts: 315
2 yr Member
58 hugs
given
Default Apr 27, 2021 at 10:17 PM
  #4
I wouldn't give anyone access to my personal information or credit details. I understand how overwhelming it can seem and how easy it appears to hire someone to do it for you. I've been there. You can't undo financial choices from the past. And your money may be better spent by paying your bankruptcy attorney to deal with old debts or paying your current debt..

You can get a free credit report from the 3 credit reporting bureaus every year under federal law. (Annualcreditreport.com). Each credit reporting bureau has slightly different dispute processes for errors. A debt you agreed to pay that didn't get paid is not an error. A discharged debt that is still showing is an error. Any detail or debt that doesn't belong to you is an error.
When did you declare bankruptcy and what type of bankruptcy? This will tell you how long that will appear on your credit report. Once enough time has passed since your bankruptcy discharge, your credit will improve.
What debts were discharged in your bankruptcy declaration? Any debt discharged that was later sold can be removed from your credit report by filing a dispute. My advice is to take every debt collection call and find out every detail you can. Be honest and tell them you believe the debt was discharged in a bankruptcy. By federal law, they have to stop calling and trying to collect a discharged debt.
Cleaning up errors on your credit report will improve your credit score a little. The best way to improve your credit score is to pay debts on time and reduce how much you use credit (called your debt to income ratio).
If post bankruptcy debt is an issue, you may need to make some changes and commit to better debt management. There are often free or very inexpensive classes available at libraries or through county/state human services departments. I can personally give a thumbs up to using Dave Ramsey's debt snowball reduction method to reduce debt and gain control of my personal finances. I learned how to use this system in a free class at my library.

Good luck.
RollercoasterLover is offline   Reply With QuoteReply With Quote
 
Thanks for this!
RoxanneToto
All times are GMT -5. The time now is 10:13 AM.
Powered by vBulletin® — Copyright © 2000 - 2024, Jelsoft Enterprises Ltd.



 

My Support Forums

My Support Forums is the online community that was originally begun as the Psych Central Forums in 2001. It now runs as an independent self-help support group community for mental health, personality, and psychological issues and is overseen by a group of dedicated, caring volunteers from around the world.

 

Helplines and Lifelines

The material on this site is for informational purposes only, and is not a substitute for medical advice, diagnosis or treatment provided by a qualified health care provider.

Always consult your doctor or mental health professional before trying anything you read here.