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Question
I had a SCB card 4 years back and due to a dispute over a few transactions, I did not make the payments thereafter. I changed my house and hence stopped getting any communication from the bank wrt payments. I have a couple of queries: 1. Can the bank ever trace me? 2. What are the actions the bank can take against me and what are it's consequences? 3. Can I opt for a settlement option with the bank for a lower amount and what is the right procedure for the same.
Dear S Dutta,
Thank you or your question.
1. The bank can trace you.
2. The bank can place a lien on your assets, levy your bank account, garnish wages ect.
3. You can opt for an offer to compromise, however the bank does not have to reduce the amount. If you would like professional assistance please contact me at 888-686-6834 ext 8013. 100% Satisfaction Guaranteed!
Sincerely yours,
Mike Moore
Ontrack Financial Group llc
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Answers by Expert:
Ontrack Financial Group llc
Expertise
With the credit market on a brink of collapse, the future of having good credit will be paramount. Loans will be near impossible to obtain with strict lending practices around the corner. Debt collectors and Law offices will use even stronger tactics to recover more of your hard earned money. Protecting you and your credit has to be a top priority. In 2000 Ontrack Financial Group llc founded the credit arbitration movement. More and more companies entered into the arena and new business models joined old ones. Only one company has the attitude and aptitude to truly assist our clients. Ontrack Financial Group llc is that company! With our proven credit arbitration solution, you can become Charged Off Debt free within three years or less. Our clients have eliminated their Charged Off Debts with our service and avoided communication with collection agencies and law offices in the process. Since the inception of Ontrack Financial Group™, we have continued assisting our nation-wide clientele with their burdensome unsecured debt and has enrolled thousands clients in its programs, managing millions of debt for its clients without one complaint. Ontrack Financial Group™ is a for-profit, private company and is not affiliated with the credit bureaus or the credit industry. As a result, our services are unbiased and independent, which allows us to better serve the consumer.
Experience
Please read about us at Https://www.OntrackFinancialGroup.com
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Banking & Finance
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