Mark Darner's (phoenixcompany) Blog

You can try.  Most times creditors are not willing to work with individuals and will not offer very favorable settlements. Plus, if you don’t have the necessary negotiation skills and experience, you will never know if the creditor is giving you the best terms available.  Because a Certified Deb...

Q. Is Debt Settlement like Bankruptcy?   A: There is a major difference between Debt Settlement and Bankruptcy in many areas. Chapter 7 Bankruptcy remains on your credit report for a minimum of 10 years, whereas your charged-off accounts (the derogatory accounts) may remain on your credit file fo...