Hi there, I have a total debt of around 40K of uns
Hi there, I have a total debt of around 40K of unsecured debt, stopped paying in first quarter of 2008 and haven't payed anything since. Currently dont have a job however I want a fresh start. I can get a family loan to settle all in one lump some payment.
So my question is, Does it even make sense to pay/settle my debt after more than 3 years of non-payment? Most debt have been charged-off and/or sold/transferred to other firms.
If so How should I do it? through a debt settlement firm or Do it my self? Can a company negotiate/settle for a better percentage than myself???