Quote:
Originally Posted by cncsiu
Well I save my own funds and pay a small fee to them. For their service, they are suppose to negotiate settlements for me. They never once told me that I would be sued or that Citi was difficult to work with. They gave me an initial estimate of around $9000 total to settle out $17600 from 9 accounts. If I have to pay what citi is demanding to keep from being sued, I will have almost exhausted all of the first $7000 I have saved/paid in fees and still have 6 accounts left to settle. I really feel deceived and I am ready to give up. I have busted my butt over the last 6 months to get this money saved and now it doesnt even look like the end is in site yet. Do I stand a chance letting this go to court with Citi? Not sure if I should settle and risk leaving myself with very little funds and 6 accounts still unsettled.
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Well, that's good that your money is in your own hands. Have you approached Citi yourself? Who knows if this settlement company was talking to Citi, or if they were talking to a collection agency. How long has it been since you made a payment to them (Citi)? Who are the other companies you will be trying to pay off?