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partial settlements
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slowlyrebuilding7
Posts: 1 Newbie
We have been in a debt management plan for some time and keep receiving discount offers from our creditors. We are now in a position to possibly clear all our debts if we accept the discounts but the debts have all dropped off our credit files because they're more than 6 years old. If we partially settle them now, will they all reappear on our credit files and stay there for another 6 years please? We've managed to rebuild our credit score and I'm worried that we might shoot ourselves in the foot if we do this.
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Hi, this might be better in the main DFW forum than in challenges?
But once a debt has been cleared on your credit record after 6 years, settlement does not result in it reappearing.If you've have not made a mistake, you've made nothing1 -
You might want to propose a payment to them!
Start low. You can always go up.
https://nationaldebtline.org/get-information/sample-letters/full-and-final-settlement-offer/1
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