This is not an attempt to complain about The Debt Collective. On the contrary, it helps to have a non-profit having this platform for people suffering from debt. I just want to communicate something that happened to me when signing up as a member and going through the process.
Shortly after, I was sued for owing the debt. I’m not trying to scare anyone, I just think is important to communicate anything that happens to members here. I had read this can happen somewhere on the internet. Someone on here told me there is no proof of that happening and that we wouldn’t want to scare people from filing and knowing how much they owe.
My opinion is that if it doesn’t get communicated, others might fall into this unfortunate trap and I’m simply trying to help! it might be important to have a follow-up plan. I have heard of being able to negotiate with debtors to lowering the cost if you can pay the whole balance upfront. But I know this depends on whether the person has the money and it depends on how much you owe and how much they are willing to negotiate. I have heard, however, that you can get a good big chunk out of what you owe through these negotiations. Any thoughts?
Best to everyone,