I have some outstanding debt from years ago to a school and some unpaid student loans. I intend to pay them in the near future, but until then what can they ultimately do to collect? Can they reposses something I own?

I have done it once with dept consolidation program, but it appeared on my credit and totaly ruined it. Now i got a letter from other “not “consolitaional program, but debt mediation… I dont trust any of them, but I really need help in reducing my debts.

I’ve sent a letter to the creditor asking for a deletion in exchange for a 80% settlement. I have not received any responses or reply and its been at least 30 days. How do I request validation of a debt or do I resubmit a letter to the original creditor. This debt is four years old, I don’t even though where its from. It is a utility company.

Can debt collectors or anyone attempting to collect debt look into your bank accounts? What are they allowed to find on you? Or should I say, what can they find on you without you knowing?