“Enrolled Customer Trust”? Chase Bank?

Has anyone ever used this company to settle debts? I signed up with them about 3 years ago, and all the accounts have been paid off except one. The remaining account was with Chase Bank who sold my debt to a company called “The Bureaus”, and they call me frequently insisting that they will absolutely not work with a settlement company such as “Enrolled Customer Trust”. (Previously called “Preferred Financial” when I signed up.)

Now I get calls from both someone at “The Bureaus” and also someone named “John Gregory” from the law offices of “Zwicker and Associates” , who has left about 50 very stern messages on my answering machine. I spoke with him once and he also insisted that the Chase account will never settle through a debt consolidation company.

The original “deal” when I signed up just over 3 years ago was regarding about $14,000 in credit card debt. The agreement was to have been a down payment (forget the amt-have to look it up) and $290. per month for 3 years to get this all settled in full. While I had made my monthly payments & paid extra into this account after a small inheritance, I have not been able to pay anything since May, 2005. Since May, they have been taking the 39.95 maintenance fee out of the $2200 or so that I had already paid in. There is just over $1931 left.

On this past Friday, after the latest rash of somewhat harassing phone calls, I called ECT and asked if I could have the $1900 I had already left sent back to me as my husband felt we could perhaps make our own settlement arrangements. The CSR at ECT agreed so quickly that I am left wondering if I have made a grave error in doing so. I am considering to call them this morning to see if I can stop the return of my $$ and let them finish the settlement. I fear they may have already cut the check, since they agreed to do so so quickly. Could this be a HUGE error on my part?

I panicked…was I wrong? Originally I owed Chase about $4800. Now they are both saying I owe over $8k due to the interest and penalties. They (The Bureaus) tell me that if I can send in the $2000 now and make payments of $299 to pay off $5850. I don’t know for certain what amount the attornies office will settle at.

A “Tara”, from The Bureaus, called last week and went into detail about this account with my husband (this is solely in my name and he was uninvolved in any negotiations until this woman shared the details-he was aware but not involved). Then she called me on Thursday am. Then on Friday am, a woman named “Gina” called me from the attornies office. When I asked why they were calling since I was also getting calls from The Bureaus, Gina stated that the account had been turned over to them and that Tara should not be calling me.

I wonder if this could mean I am in a position to see which of the two companies offers the best settlement and go with the ‘winner’ or try to get “Enrolled Customer Trust” to complete the original deal?

What to do???????????