I had a business, that unfortunately failed, built
I had a business, that unfortunately failed, built up alot of debt and the biggest one, AMEX, 35k was sold i guess to URS....1. Can i stop paying them and pray the don't sue 2. if i stop paying can they report me to credit bureau? I ask that because they are not on my credit report and i have been paying for almost 2 yrs now.
3. any other suggestions, ie make a ridiculous offer via certified mail as they don't seem to be willing to negotiate . Meanwhile everyone else has negotiated with me.
Thanks for any input.
PS how am i suppose to answer the security question with a sum? LOL