Posts: 6
Registered: ‎07-03-2007

Mom needs help - recent CO's plus 2 tax liens

Mom saw my progress and set her pride aside and asked me for help. 
She fell on hard times around 2/2005 - she has many charge-off's with amounts ranging from $63 to $3k.  Plus she has 2 tax liens.  One is for 2k one is for 14k.  She has many lates (you would think a grown woman wouldn't pay her bills late)
This is my plan I'm proposing to her:
1. Opt-out
2. Get old addresses removed
3. Contact OC, ask for PFD or update to paid as agreed.
4. Contact State to start payment plan for tax liens.
Is there anything else I should be doing? 
Established Contributor
Posts: 581
Registered: ‎04-11-2007

Re: Mom needs help - recent CO's plus 2 tax liens

Does she have any lates that she has brought current? If so, I would send a GW letter to the creditor to see if they will work with her.

Also on the collection items, have her do a DV letter to make sure the debt is correct and if so, before she pays the collection agencies, have her write a PFD to them. Several on this post have had success with both letters, including myself.

Also, have her pull all 3 CR so she knows exactly where she stands and go over them with a fine tooth comb and disbute all inaccurate information.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.