Folks, we've all heard about all these debt consolidation companies and how they can work with your creditors and combine all your debt into one low monthly payment. But what if your creditors have gone "a-hole" on you and sent your account to a collection company? And not just any collection company; they're a company that is described in great detail around this site with horror stories and everything. Collection companies will not work with Consolidation companies, and visa versa, so you're pretty much screwed there. They will only work with the credit card companies and banks.
I was in a similar situation as described throughout this site. I had three credit card accounts end up at three different collection companies (all three cards were with Citi; Amoco/BP, Sears and a credit card directly from Citi) and the collections agents at all three companies were relentless. They wouldn't settle for anything less than $500 per month for each account and basically treated me like I was the scum of the earth! They especially hated the fact that I couldn't come up with $3,500 that very second! So I got fed up with them, said screw em and immediately started looking for a consolidation company to try to take care of this. One consolidation company referred me to a debt settlement company. It is a law office in Tempe, Arizona, named Roll Law Office.
Keep in mind I do not work for this company, I'm just a very happy customer. Their customer service is outstanding. All I had to do was give some personal information then give them the name and phone numbers of all of my collection companies and which accounts they were in and they immediately went to work. If one of those collection companies called me, I read back to them a small script given to me by RLO. It basically said that I have secured the Roll Law Office to handle this account. Their number is 1-888... If the collection company asked me what it was for, usually they asked if it was for bankruptcy, my answer for that was "it is something along those lines" and I never heard a word from those collectors again. This was nearly six months ago.
I am paying $175/month for those three accounts (total debt for all three was about $9,000 so it wasn't all that bad, but still bad enough) and RLO acts just like a consolidation company. They say I will be completely debt free from those accounts within 3 years!
I encourage everyone who is having issues with collection agencies, especially multiple ones, and get in contact with a Debt Settlement company. Roll Law Office is just one of them.