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Re: How soon til garnishment or account seized


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Posted by G-Man (198.81.26.79) on July 30, 2003 at 00:42:06:

In Reply to: Re: How soon til garnishment or account seized posted by Why Chat on July 29, 2003 at 23:52:49:

The debt is a credit card. My cousin used a place called Debt Rescue to work out a settlement with First USA Bank. Debt Rescue charged her a little over $900.00 for their services and told her that they had worked out an agreement with First USA Bank to divere payment for 36 months and at the end she would pay $3318.00 of $8296.00. Well a year later, yesterday to be exact an attorny contacted her claiming to be working on behalf of First USA Bank (which is false because we found out First USA Bank charged off the account) and told her he could delay arbitration for a few days to give her a chance to come up with a settlement amount of $6000.00. She told them about Debt Rescue and faxed them the contract she had with them also.

With all that in mind, does she have any recorse besides settling the debt or filing for bankruptcy? The account was charged off 10/2002. Any advice you can give me would be greatly appreciated!


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