Alright, we'll soon start the process to settle the old debts we have. I'm very nervous about it, no..I'm downright scared. I have this fear that we'll wake the sleeping bears and they'll all come after us full force. I don't know that I can handle the stress of that right now. DH says he'll deal with them, though. He's much braver than I am in just about every way and I think he'd be able to handle it better.
At any rate, there's about $16,000 in old debt to tend to. I'm still trying to figure out the best way to approach this but I think I need to send them all VODs and go from there.
Wish us luck!
Settling old debt - what stress!
April 4th, 2008 at 01:35 am
April 4th, 2008 at 01:43 am 1207273420
April 4th, 2008 at 02:58 am 1207277906
April 4th, 2008 at 12:00 pm 1207310409
Good words to remember by in your left column, by the way.
April 4th, 2008 at 12:19 pm 1207311587
I am a big believer in that people pay what they owe, but I do understand that the CC charge unheard of interest (BofA 29.9%) and charge high fees to jack up the paper they sell to collection agencies.
So I guess I understand your position as long as you aren't taking advantage of it. Everyone deserves one mulligan.
Well, good luck.
April 4th, 2008 at 01:16 pm 1207315016
April 5th, 2008 at 01:59 am 1207360794
Merch, we'll start with the smallest and go up from there.
Nance, Dave says basically to handle old debt like other debt. Just call and say something like "I have this much to give you for settlement. Send it in writing." and if they don't take it, move on to the next one.
Ugh, it's very worrisome!