Can a debt management plan deal with charge offs in collecti

Submitted by waggonel on Tue, 09/28/2010 - 14:49
Forums
Credit repair

I am on a debt management plan and have several bills in collections. some are in house and some have been sent to 1st source advantage. Proposals were rejected--was told when bills are charged off the minimum they will take is 10% of bill. Is this correct? I am already paying $555 bi-weekly and cannot afford to pay much more to my consumer credit agency.

Aaron

Hi waggonel,

Welcome to this community :)

Actually Debt Management Agencies offer you free service initially. After they enroll you in a particular program they charge you $50 to $100 based on your debt amount.

Thanks,

Aaron

Wed, 09/29/2010 - 10:15 Permalink
crorkz (not verified)

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Wed, 08/06/2014 - 06:33 Permalink