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For details about your state's laws contact your attorney general's office.
For contact information visit the web site National Association of Attorneys General.
Yes, creditors can continue to attempt to collect a debt you owe after it has been removed from your credit report, and it can still continue to accrue interest and fees.
Whether or not an item appears on your credit report has no bearing on the fact that you owe the debt and that the lender or a collection agency can contact you regarding payment.
Debt settlement and debt consolidation are two forms of financial help for people struggling with more debt than they can repay.
Credit counselors also can provide solutions that you can take with you after completing the program.
You still owe the same amount of money and if you don’t increase your payments and decrease your spending, the problem will never go away. You should be prepared to spend anywhere from 2–5 years in a debt consolidation program before eliminating the debt.
If you decide to consolidate your debts, another decision has to be made: What type of debt consolidation program should I use?
You, or a representative negotiating for you, make an offer to your creditor to settle the debt for less than what is owed.
For example, if you owed ,000, you might offer the creditor a lump-sum payment of ,000.