My lawyer settled me out for about 10 cents on the dollar for my defaulted state loans when I went bankrupt recently, but neither the Federal Gvt. nor their collection agency ever responded to the creditor notice to protest discharge of the debt within the allowable deadline, to neither the federal bankruptcy court, my lawyer nor me. Then just last week the collection agency sent me a notice restating their intention to collect the debt in full, per the non-dischargability law.

In the past, I have been offered settlements for more money than I could possibly get together- by way of an insult- but only when I was on some form of government assistance or another, to try to see if I would somehow get money from some source and fork it over. Unfortunately, the pattern, according to what I have heard, is that they take the funds they required to settle and resume attempts to collect the debt in full immediately and your remittance is thrown down the rat hole of interest, collection fees and penalties owed, not even applied to the principle.

So attempting negotiation is like trying to cut an honorable deal with a theif.

These people work on commission and garnishments are easy money for them.

My loans are over 32 years old. I do not know if there are any older ones in the country. I am almost 56 and disabled.

I think it might be time to hitchhike to one or another of their HQ to talk with these ... whatevers

Perhaps it is also time to camp out and call in the media. Why not give them more than they bargained for?

F#@%*& baaah!

-Very Aged Receivable