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    nileson1962's Avatar
    nileson1962 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 7, 2007, 01:29 PM
    Which is better/effective way to settle a debt ?
    I live in Baltimore for four years,I have a judgement against me in New York,where I used to live,purchased by a debt collector, and also a repossessed vehicle loan,purchased by a collection agency.
    My question is which is the most effective or better way to settle these debts;is it better to do it myself or hire a professional ,having in mind that the Professional will cut into the pool of available funds,but will bring in his/her experience?!
    I will appreciate feedbacks from any one knowledgeable or had been through what I am going through.
    Thanks,
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Nov 7, 2007, 04:46 PM
    Hello n:

    If you can speak English, it's better for you to get on the phone and do the negotiating yourself.

    excon
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