How should I handle charge-off debt?
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Posted by Wanna Be Debt-free
(66.41.111.57) on October 18, 2002 at 23:52:07:
Company Name: GE Capital Financial
Collection Agency: Sherman Acquisitions
Date Opened: 09/99
Last Paid: 06/01
Total balance: $8,000 They are offering me 60% settlement. The letter I received states the account will be considered settled. Is it a good idea or should I just wait till couple of years pass by? Debt acquired while in WY. Any help would be appreciated.
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