Freeing myself from all debts within the next year should be a very feasible task.
I have never had a student loan, a car payment, or a mortgage. I like my freedom.
I made terrible financial decisions in the past. All of my debt is in collection accounts from years ago.
I have moved so to different homes and cities, and after nine years with the same phone number, it has recently changed. I do not get any calls or letters from people asking for the money I may owe them. The last time I checked my terrible credit score, it did not include account numbers of previous accounts. I do not know how to get the information I need to pay off my debts.
I have read about the statute of limitations. Friends have told me that if the debt is seven years old, don't worry about it. I have heard about negotiating with debt collectors, but I do not know the best way to go about doing this.
I would like to taken advantage of a VA Home loan in a few years. My largest debt is a medical bill around 10k. Had I understood my VA medical benefits at the time, I would not have this debt. It is almost six years old. All of my debt might be around 15-20k.
My income widely varies each week, but it is much higher than my low cost of living. I would like to take care of this old debt as quickly as I can. Should I plan on writing letters or e-mails to make sure they have proof of what I owe, and so I can get documentation of any negotiations?
