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Deal with your debt: negotiate a settlement

By Sam Glover

Once a debt is in default?meaning you stopped paying it?one option is to attempt to negotiate a settlement with the creditor. (You can try this before you go into default, but creditors are rarely willing to play ball until you prove your poverty?and before they rack up some more fees.) You could just pay the full [...] Related posts:

• Stop debt collection harassment
• Do’s and don’ts of dealing with debt collectors
• How not to defend a debt collection lawsuit


Full post as published by Caveat Emptor on May 07, 2009 (boomark / email).

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