Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
naelee89

0 Contributions
0 People Helped
I owe $11,000 to collection agencies what can i do
i'm wanting to buy a house but i have a ton of debt and i'm trying to make a smart choice but i don't know what to do

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
116 Contributions
371 People Helped
Most Helpful Response

Owe to collection ahgencies

Helpful to 1 out of 1 people

Don't know all the facts, but first contact the collection agencies and ask them for a copy of all original bills.  All bills past the statute of limitations in your state don't have to be paid, but if you owe them they should be.  Statute of limitations starts when last payment was made, not original date.  Then try to work with the collection agencies on a payment plan.  Make sure anything they say they will do is in writting.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.