Repair Plan - advice?

[Anonymous]

I consolidated credit info in a spreadsheet. Was looking for some feedback on my "plan" column. Just bought house on seller contract, and need to refi July 2012. Thought I should ignore anything before 2010 and try to get rid of anything that I can after. In the meantime, will open some TL's and make some new pos hx that is weighed more heavily. I am posting the spreadsheet next. Thoughts anyone?

[Anonymous]

GOSH! You'd think a forum about finances would be able to accept a freaking table!!

I appreciate any advice anyone has to offer.

EX  EQ  TU       CA                        OC             Bal              Drop             Plan
y      y      y         Asset Accept       Target       $613.00      1-Dec-07       Ignore
y      y      y         Palisades             Verizon     $255.00      1-Dec-07       Ignore
y      y      y         LVNV Funding      Metris?      $4,069.00   1-Feb-08       Ignore
y              y        ER Solutions         DirecTV    $107.00      1-Jun-08        Ignore
y      y                Applied Bank        Cap One    $-                1-Oct-08       Ignore
y      y      y        Midland Credit       Orchard     $1,054.00  1-Oct-08        Ignore
y      y      y        Midland Credit      Orchard     $947.00       1-Oct-08       Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
y                       Oregon State SC  ?                $1,706.00    1-Sep-09       Ignore
y                       Oregon State SC  ?                $1,126.00    1-Sep-09       Ignore
                y       Your Credit           Your Credit  $-                1-Sep-09      Ignore
y              y       Credit Protect       Hlywd Vid    $121.00       1-Oct-09       Ignore
y     y       y       ECMC                   US Bank      $1,733.00   1-Nov-09       Ignore
y              y       Cascade Coll        NW Natural $76.00        1-Aug-10       PFD
y                       Cascade Coll        Valley Recyc $31.00      1-Jul-11        Dispute
y              y        Allied Inter             Sprint          $187.00      1-Apr-12        DV
y              y       Quick Collect         Dr Ross      $497.00      1-Jul-12        GW
y                       CBA                       DS Waters $454.00      1-Aug-12       PFD
y     y        y       Figi's                     Figi's           $130.00      1-Nov-12       PFD
y               y       US Dept of Ed      US Bank    $-                 1-Mar-13       Ignore
y     y        y       US Dept of Ed      US Bank    $3,506.00     1-Apr-13       Pay Monthly
y     y        y       Aspire                   Aspire        $1,438.00     1-Oct-13       Pay Monthly
y                       HSBC NV             Fingerhut    $4,194.00      ?                  Ignore
y                       Lacamas              Lacamas   $-                    ?                 Dispute
y     y        y      USBank                US Bank     $4,358.00      Stdnt Loan   Ignore

[Anonymous]

Holy crap, are all those in collections?

[Anonymous]

in one form or another yes. at least 5 of them are for a student loan that gets resold all over the place, and I am currently paying on, and then there are 5 others that are duplicates but also resold so they all get to stay on there apparently.

[Anonymous]

GOSH! You'd think a forum about finances would be able to accept a freaking table!!

I appreciate any advice anyone has to offer.

EX  EQ  TU       CA                        OC             Bal              Drop             Plan
y      y      y         Asset Accept       Target       $613.00      1-Dec-07       Ignore
y      y      y         Palisades             Verizon     $255.00      1-Dec-07       Ignore
y      y      y         LVNV Funding      Metris?      $4,069.00   1-Feb-08       Ignore
y              y        ER Solutions         DirecTV    $107.00      1-Jun-08        Ignore
y      y                Applied Bank        Cap One    $-                1-Oct-08       Ignore
y      y      y        Midland Credit       Orchard     $1,054.00  1-Oct-08        Ignore
y      y      y        Midland Credit      Orchard     $947.00       1-Oct-08       Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
        y      y        HSBC NV             Orchard     $-                1-Jan-09        Ignore
y                       Oregon State SC  ?                $1,706.00    1-Sep-09       Ignore
y                       Oregon State SC  ?                $1,126.00    1-Sep-09       Ignore
                y       Your Credit           Your Credit  $-                1-Sep-09      Ignore
y              y       Credit Protect       Hlywd Vid    $121.00       1-Oct-09       Ignore
y     y       y       ECMC                   US Bank      $1,733.00   1-Nov-09       Ignore
y              y       Cascade Coll        NW Natural $76.00        1-Aug-10       PFD
y                       Cascade Coll        Valley Recyc $31.00      1-Jul-11        Dispute
y              y        Allied Inter             Sprint          $187.00      1-Apr-12        DV
y              y       Quick Collect         Dr Ross      $497.00      1-Jul-12        GW
y                       CBA                       DS Waters $454.00      1-Aug-12       PFD
y     y        y       Figi's                     Figi's           $130.00      1-Nov-12       PFD
y               y       US Dept of Ed      US Bank    $-                 1-Mar-13       Ignore
y     y        y       US Dept of Ed      US Bank    $3,506.00     1-Apr-13       Pay Monthly
y     y        y       Aspire                   Aspire        $1,438.00     1-Oct-13       Pay Monthly
y                       HSBC NV             Fingerhut    $4,194.00      ?                  Ignore
y                       Lacamas              Lacamas   $-                    ?                 Dispute
y     y        y      USBank                US Bank     $4,358.00      Stdnt Loan   Ignore

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And I thought I was in a bsd situation!! Wow!!!!

[Anonymous]

yes, i'm painfully aware that i'm in a bad situation. does anyone have any advice to offer?

[Anonymous]

---

Redamagon wrote:

And I thought I was in a bsd situation!! Wow!!!!

Let's not rub salt into the wound, eh?  There is ALWAYS someone in a much worse situation.  Perhaps OP is lucky to have a roof overhead and food on the table (and access to a computer). 

[Anonymous]

Hi orhippychic,

It's a pretty good plan, but a word of advice - DON'T IGNORE THE STUDENT LOANS IF THEY WERE FEDERALLY FUNDED!

Federally funded student loans, like taxes and child support, has NO SOL for collection.   Plus, the government can get a judgement against you without going to court AND they are allowed to garnish your wages (up to 25% of your pay) and your bank accounts until you satisfy the debt.   My brother tried to ignore his student loans, and he got the surprise of his life when he received a copy of a letter from the federal government to his employer about garnishing his wages for his unpaid student loan!

If the student loans were federally funded, I would start paying them.

As for your Aspire card, you may be able to negotiate for a 0% interest rate which will allow you to pay it off quicker. 

Message Edited by JennLewis on 09-11-2007 01:57 PM

[Anonymous]

thanks,

I'm actually in a much better place now than I was even 6 months ago. got a big promotion that changed my life. want to get back on track and this forum has taught me a lot, but specific advice is always more helpful.

[Anonymous]

hahahahhahahaa  OMG  can't stop laughing at SCRAMbLINGIN......i was always told that when I did something do it well....you did it very well  lmao  CHIC!!!!!

First  what state are you in ...what is your SOL?

http://www.bankrate.com/brm/news/cc/20040116b2.asp?caret=8

http://www.fair-debt-collection.com/SOL-by-State.html#7

CRTP and SOL

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=17466