Comments on: How I manage collection letters in two easy steps http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 02:42:10 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: add1ct http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-14634 add1ct Fri, 19 Dec 2008 20:24:16 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-14634 Great stuff. I was too sure about this story. But this helped a lot so thanks Great stuff. I was too sure about this story. But this helped a lot so thanks

]]> By: stan http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-8040 stan Mon, 17 Mar 2008 18:49:56 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-8040 I am curious as to how u daytraded so much money away ? were u betting with huge margins, that the US Dollar would rise... the us dollar has gone down since Bush got in office and is freefalling recently. i dont know how wealthy your family is, but if i had that much debt, i would just sell my assets, and pay the IRS but the collection agencies can be ignored.. the worst they will do is sue you and collect a judgement.. but if u have no income/assets, they cant collect anything. I am curious as to how u daytraded so much money away ? were u betting with huge margins, that the US Dollar would rise… the us dollar has gone down since Bush got in office and is freefalling recently.

i dont know how wealthy your family is, but if i had that much debt, i would just sell my assets, and pay the IRS but the collection agencies can be ignored.. the worst they will do is sue you and collect a judgement.. but if u have no income/assets, they cant collect anything.

]]> By: debt kid http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-7572 debt kid Thu, 28 Feb 2008 18:14:53 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-7572 @ Wolf - I do have an IRS tax folder. It is my top priority debt. @ Jim - I'll have an updated spreadsheet very soon. I've got exact IRS numbers now, so it's time to look at the sheet and see if there are any debts I can maybe pay down or settle. I can assure you I am not just ignoring the problem, I'm doing everything I can right now to get to place to be able to start knocking these down...all in good time. @ Wolf – I do have an IRS tax folder. It is my top priority debt.

@ Jim – I’ll have an updated spreadsheet very soon. I’ve got exact IRS numbers now, so it’s time to look at the sheet and see if there are any debts I can maybe pay down or settle. I can assure you I am not just ignoring the problem, I’m doing everything I can right now to get to place to be able to start knocking these down…all in good time.

]]> By: Jim http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-7570 Jim Thu, 28 Feb 2008 16:59:36 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-7570 I do think the wolf has a point about using a Sharpie to label your folders. While I don't have any collection letters, keep getting bills every month and they never stop, I don't have to worry about those folders. I am curious about the purpose of this post and why this is important? Who's trying to collect from you right now, what do they want, what are you doing besides organizing what they send you? While I realize you cannot pay most if any of these people right now, you can't just ignore the problem and hope it goes away. Can you do settlements with any of these people or have you seriously considered any of their offers? Collection companies always buy and sell off debt for pennies on the dollar hoping someone will send some money to cover costs. I know you used to have a spreadsheets and posts in the past that listed all your debts and their terms. Granted I know about half of the 300k in debt you have is owed to your mom, but where do you stand today? That IRS post you had recently regarding your payroll tax issue seemed like a serious financial issue that shouldn’t be put on the backburner. One week later now, where do you stand on that issue? I do think the wolf has a point about using a Sharpie to label your folders. While I don’t have any collection letters, keep getting bills every month and they never stop, I don’t have to worry about those folders. I am curious about the purpose of this post and why this is important? Who’s trying to collect from you right now, what do they want, what are you doing besides organizing what they send you? While I realize you cannot pay most if any of these people right now, you can’t just ignore the problem and hope it goes away. Can you do settlements with any of these people or have you seriously considered any of their offers? Collection companies always buy and sell off debt for pennies on the dollar hoping someone will send some money to cover costs.

I know you used to have a spreadsheets and posts in the past that listed all your debts and their terms. Granted I know about half of the 300k in debt you have is owed to your mom, but where do you stand today? That IRS post you had recently regarding your payroll tax issue seemed like a serious financial issue that shouldn’t be put on the backburner. One week later now, where do you stand on that issue?

]]> By: Big Bad Wolf http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-7568 Big Bad Wolf Thu, 28 Feb 2008 16:17:42 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-7568 02/28/08 Unbelievable! You are dwelling on how to file paperwork, which you shouldn't have, instead of how you're paying the bills and being done with it. I hope you make the letters really big on the IRS DEBT folder, because that's the impact it will have on your life. Also, Mr. Techno-Savvy makes handwritten labels for his manila folders? What's with that? 02/28/08 Unbelievable! You are dwelling on how to file paperwork, which you shouldn’t have, instead of how you’re paying the bills and being done with it. I hope you make the letters really big on the IRS DEBT folder, because that’s the impact it will have on your life. Also, Mr. Techno-Savvy makes handwritten labels for his manila folders? What’s with that?

]]> By: debt kid http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps/comment-page-1#comment-7555 debt kid Thu, 28 Feb 2008 00:23:14 +0000 http://www.debtkid.com/how-i-manage-collection-letters-in-two-easy-steps#comment-7555 Note: This simple folder system could work for current bills as well. My cash flow situation doesn't quite let me have this simple of a system....yet! Note: This simple folder system could work for current bills as well. My cash flow situation doesn’t quite let me have this simple of a system….yet!

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