If you have been Served papers on an old debt there’s a good chance the creditor who’ sueing you is asking for more than they deserve. One of the biggest complaints we see are debtors who claim  to have had a $300.00 dollar credit limit and now are being sued years later for thousands of dollars.
You may have a good deffense to beat the creditor such as the Statute of limitations defense, but its always a good idea to back up your deffense with as much discovery material as possible. …

Yahoo Question
I have a standard 30 year fixed rate mortgage at around 5%. I am planning for an early mortgage payoff. I am wondering if I should pay the minimum mortgage payment and save my extra cash until I can pay the mortgage off in one lump sum 9-10 years from now or make smaller monthly payments.
CCWD reply
John, There are several factors that determine what you should do, but I will create a scenario for you, Assuming your not cash strapped and have a stable employment situation. You should take …

Let the lenders Find You
By Dirk Smithson
It’s often said “The easiest way to find somthing is to let it find you!” And nothing is more true when it comes to finding a lender for a refinance or any type of loan for that matter.
We recently reviewed several mortgage quoting services and found that Mortgagetuneup.net was the most efficient.
You might ask “Why are these services better than walking into a local bank?”
There are several reasons:

You get to compare rates and fees from up to 4 lenders with only filling out one 2 minute …

We have had some complaints about mortgage quoting companies not returning phone calls after consumer’s fill out a free mortgage quote form. We did our own research and here is what we found.
The first Company we called was one of the largest and most popular, lendingtree.com owned by news corp. We filled out thier app it took about 25 minutes and we recieved a single  phone call 3 days later. the person was polite and genuine, but was unable to help us because we put on our app that we owed …

Do you have Credit card that has been in collection status for more than 4 years? If so you might want to think about negotiating a settlement with the holder of that account. Most states have a SOL Statute of limitations on how long you can be sued for such a debt, but it doesnt seem to be stopping attorneys from filing suit, regaurdless of the time limit. It can be time consuming to fight off one of these debt companies, and your time could be better spent doing something …