Forums
I was served a summons from a lawyer the collection company hired. I admit I do owe the balance from a medical issue, but the creditors won't work with me. They say the least I can pay is $348 a month and its five payments because my toal is a little over $1700. She told me that if I do not pay that amount then my wages will be garnished. I just want to know once I file my letter what do I do? I would like to go to court and possibly work out more reasonable payments, am I able to do that? If the collection company won't settle for less what would be my next step to fight it?
The first thing you need to do is to file an answer to the summons, if not they will win by default.
You will more than likely be called into a mediation before court, it may be during this time that you will be able to work out a descent payment plan that you can afford, they will more than likely work with you at this point because truth be told they will not want to go to a court hearing either.
Make sure that you answer the summons, then you can work it out later.
Goodnatured gives you good advice. Mediation is hte proper time to work out better repayment options. Remember to only agree to what you know you can afford each month. If perhaps the try to set up repayment before it goes in to mediation be sure to get any agreed upon contract in writing. This will ptotect your interestd in the future. Good Luck.