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Debt Reduction Plans??

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    Debt Reduction Plans??

    I got a quote from a debt reduction company and a contract and just wondering if anyone tried that before the filed Bankruptcy?
    The neg. a new payoff with the debt and I make a payment to them and they payoff the bills?? I just don't want to get scammed

    anyone??

    #2
    Don't do it. Most people who try those companies out eventually file bankruptcy. There's another thread going on here:

    Chapter 13 Filed "Old Law"
    Filed: 6/2003 Confirmed: 3/2004
    Early pay off sent: 10/05/2007 - 9 months early
    11/16/2007 - Discharged!

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      #3
      Thanks

      for sending me the link

      Comment


        #4
        Yes, anything they can do, you can probably negotiate with the creditor. Which is to say, not much. Don't bother.
        Filed Business Chapter 7: 7/11/07
        341 Meeting: 8/8/07 Asset Case
        US Trustee reviewed case/resolved 9/14/07
        Discharged: 10/11/07 Closed: 11/2/08

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          #5
          DRPs seldom work, many members here have tried them.
          May 31st, 2007: Petition Filed by my lawyer
          July 2nd, 2007: 341 Meeting Held
          September 4th, 2007: Discharged and Closed.

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