Re: Need info on paid settlement and credit report!
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Posted by bad credit (209.87.121.105) on July 09, 2004 at 16:54:28:
In Reply to: Re: Need info on paid settlement and credit report! posted by ptneedsmm on July 09, 2004 at 01:55:37:
What you need to do is to offer them a payment, say 30% of what you owe. Tell them that Chapter 7 is the only alternatives and they will get nothing.
Your credit will show something like 'Charged off' or Paid Off' and it will be under deragotory accounts and can stay up to 7 years.
Check this out:
http://www.bad-credit-advisor.com
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