Questions answered by Donald Edward Petersen

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A debt settlement firm told me creditors cannot sue for unpaid credit cards in Pennsylvania. Is this true?

Donald's answer | Answered on August 01, 2009

I am not admitted to practice in PA an can not give you legal advice. But the debt settlement firm appears to be doing so without any legal...

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I am paying off my debts with a debt settlement company, and have been making good progress, and now I have received two Summons

Donald's answer | Answered on August 01, 2009

Do not rely on your debt settlement company for legal advice. They are commiting unlicensed practice of law. Your problem is very common. You...

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I have over $100,000 in unsecured debt and am considering a debt settlement. What re my risks?

Donald's answer | Answered on August 01, 2009

You can probably do anything a debt settlement company could do for you at far less cost and less risk. Debt settlement firms charge substantial...

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Need to know if signing up with a debt settlement program is legal?

Donald's answer | Answered on August 01, 2009

Mr. Woodrfuff is correct. Here are some of the facts you should be aware of. You can probably do anything a debt settlement company could do...

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I want to know if there are any debt consolidation companies that will not take advantage of me?

Donald's answer | Answered on August 01, 2009

Avoid these companies like the plague! You can probably do anything a debt settlement company could do for you at far less cost and less...

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I am in debt settlement program, however, one of my creditors is threatening to sue, what should I do?

Donald's answer | Answered on August 01, 2009

Consult with a bankruptcy attorney. How do you intend to pay the debt settlement company and the creditor you take "out of the program"? To find...

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How to find legitimate debt consolidation help

Donald's answer | Answered on August 01, 2009

There probably aren't any. You can probably do anything a debt settlement company could do for you at far less cost and less risk. Debt...

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My husband and I went thru a debt consolidator program that ripped us off, we are now dealing with the debt collectors ourselves

Donald's answer | Answered on August 01, 2009

Consider filing a complaint with the FTC. (See link below) You can probably do anything a debt settlement company could do for you at far less...

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How legit are debt settlement companies and agreements with them?

Donald's answer | Answered on August 01, 2009

You can probably do anything a debt settlement company could do for you at far less cost and less risk. Debt settlement firms charge substantial...

Archived

Debt collection agencies keep calling me despite my debt settlement company sent them a letter that they will handle the debt.

Donald's answer | Answered on August 01, 2009

You can probably do anything a debt settlement company could do for you at far less cost and less risk. Debt settlement firms charge substantial...

Donald Edward Petersen's Answers (292)

A debt settlement firm told me creditors cannot sue for unpaid credit cards in Pennsylvania. Is this true?

I am paying off my debts with a debt settlement company, and have been making good progress, and now I have received two Summons

I have over $100,000 in unsecured debt and am considering a debt settlement. What re my risks?

Need to know if signing up with a debt settlement program is legal?

I want to know if there are any debt consolidation companies that will not take advantage of me?

I am in debt settlement program, however, one of my creditors is threatening to sue, what should I do?

How to find legitimate debt consolidation help

My husband and I went thru a debt consolidator program that ripped us off, we are now dealing with the debt collectors ourselves

How legit are debt settlement companies and agreements with them?

Debt collection agencies keep calling me despite my debt settlement company sent them a letter that they will handle the debt.