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Old 03.25.2008, 13:48
jlynn jlynn is offline
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Join Date: Sep 2002
Location: Texas
Posts: 5,909
Quote:
Originally Posted by cncsiu View Post
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.
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?
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