I had a really bad year back in 1998. I was injured and had to go in for a 37K knee surgery. After recuperating from that, I walked into work to find out that I had lost my job. I had many credit cards, a house, and a new truck to boot. Well, guess what... It was all taken away. The house, truck etc, it was all gone. After 7 months of healing and trying to get back on my feet... the creditors started in. I tried to hire an attorney to help me deal with this,... and sure he took my $500 bucks, and then filed for chapter 11 himself. I tried to file bankruptcy on my own, but was forced to move since I lost the house, and the judge threw it out of court because I was moving to another state.
Now, all of my creditors have let it go, except for Sears. They turned me over to NCO, and now I come home everyday with about 5 hang up calls on my machine. Weekends, holidays, they just wont give up. I was wondering why this was happening, and then I got a letter in the mail from NCO. They stated that they were trying to collect this debt from Sears, and I owed over 4K. This is total bull, because everyone knows that Sears charges extremely high interest rates. So they were willing to settle the debt for about 1/2 of the amount. I thought that after 7 years... they would have to give up? Have any imput for me on this? I got a copy of my credit records from Equifax, Trans-Union and NCO was right on there. My credit is good, except for this on there. This is not right, and these people should be dealt with. I have had to rebuild my life since then, and I have a thorn in my side with NCO.