Another couple of matters that we’ve successfully resolved in the last couple weeks demonstrate how we are sometimes able to improve a client’s credit record by getting negative items removed. In one case, the creditor agreed to accept payment of the debt in exchange for removing the negative item from the client’s credit record. This…
Continue reading…“Doing the Best I Can” by Making Partial Payments to Creditors? Bad Idea.
Client calls me and says “I don’t know why AMEX is suing me. I have been paying as much as I can to all my creditors, sometimes only $25 per month, but I am acting in good faith.” This client was doing exactly the wrong thing. A partial payment to a creditor is considered the…
Continue reading…Fullman Firm Recovers Over $16,000.00 Grabbed by Debt Collectors From Client’s Bank Account
About ten years ago, AK incurred a debt of about $6,500.00 to a Credit Union. He subsequently defaulted on the debt, and the Credit Union farmed the collection of the debt out to a collection agency (“Agency”). Early last year, Agency contacted AK and offered to settle the debt for $3,500.00, a bit over 50%…
Continue reading…Fullman Firm Frees Another Client From Default Judgment
According to the Brachfeld Law Group, EK owed a large sum of money. They claimed to have given her notice of their lawsuit against her by delivering the Summons to her home and then they claimed that she never bothered to answer the lawsuit. Based on this, they got a default judgment from the court,…
Continue reading…Why Some Debt Settlement “Programs” Are a Rip-Off
There is a difference between a debt settlement “program” and debt negotiation with The Fullman Firm. Here is how debt settlement “programs” typically work. Step 1 of a debt settlement “program”: Sign a Long Term Contract which requires you to write a BIG FAT CHECK every month to your “settlement fund”. Although the Debt Settlement…
Continue reading…Calling the Debt Collector’s Bluff
We have all seen it on television or in the casino. A high stakes game of poker in which one of the players confidently bets a huge sum of money, striking fear into the hearts of the other competitors. These bets usually result in the other players folding their hands in order to avoid the…
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