I filed bankruptcy 14 years ago and recently got a letter from a collection agency demanding payment for 2 of my CitiBank credit cards. Why would CitiBank sell that information when they know it was included in Bankruptcy? Is what their doing legal?

Unfortunately, this is a legal question and I am not a lawyer. I wish I could be of more help but I would suggest that you seek the advice of a lawyer who may be familiar with your specific case. Did a lawyer help you with the bankruptcy filing 14 years ago? If not, I would seek a consultation with a local bankruptcy attorney to see what advice they can provide to you. Thanks.

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I recently signed up with Credit Solutions of America to handle my debt settlement. Now maybe the creditor I spoke to was just trying to get into my head, but I can’t seem to get past the fact that he told me I was being scammed and I would end up owing more than did to begin with and my credit would be destroyed. Is this true and is CSA reputable?

Creditors are obviously on opposing sides with the debt settlement companies so you need to evaluate what they say based on where they stand in relation to your debt…

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We have about $50,000 of credit card debts. We are current on all payments but have no money for anything else. We have to buy gas and groceries on credit cards which only, of course, gets us deeper in debt. What would you advise us to do?

I am sorry to hear about your situation, unfortunately it is becoming increasingly common these days…

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Doesn’t it reflect on your credit score even if you are able to negotiate with the creditors yourself?

The reasonj why your credit score is adversely affected in the debt settlement process is because there is a delay in paying your creditors so your accounts go into default…

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