... asked: I sent a letter to debt collection agency to validate a debt they have on me. I sent the letter certified mail and got a reciept. It has been more than 30 days since they got the letter. Should I send a followup letter, or repor them to the FTC and BBB for putting a debt on my credit report they can’t ...
JoAnn N asked: My husband has cancer and credit card collectors are overwelming us. I settled a few for less than original amout owed but only have so much money and can’t pay everyone at the same time. I know they have 4 years to sue but most are charged off and have now been resold. I need to know if the company who bought my debt can now sue me? Thanks for any help anyone can give. I am not trying to get out of paying, I just can’t pay everyone at the same time and they are so mean. Thanks for the answer’s I have rec’d so far. You guys are great! I now have terrible credit and I couldn’t get a loan if I wanted one. Just need to have them back off while I pay them off one at a time. ...