Can I use a Credit Counseling Service after debts are charged off?

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This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 11 months ago.

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    Anonymous

    I havent paid my bills in like a year. My credit report says they’re charged off as a bad debt, and there are 3rd parties trying to collect on the debts. I have come into steady income and I would like to repay the debts. The 3rd party collectors want lump sum settlements and don’t want payments. Can I use a consumer credit counceling service to setup a payment plan to pay these debts off? Or is it too late for that? I was considering a chapter 13 to get everything straightened up and on plan, but my coworkers think that’s a bad idea since I will not be saving any money from the chapter 13 as far as my financial numbers work out. (disposable income vs total debt after 5 years of payments).

    I think one of my creditors (discover) may be preparing to sue me. They issued a complaint to a local courthouse, but the sherrif hasn’t been able to track me down to serve the papers yet.

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