I was recently contacted by a lawfirm regarding a possible judgement against me for a delinquent credit account. I spoke with the man handling my case and was told my only option was to pay within four months (with four even payments) or to go to court. Not knowing what else to do I said of course I'd pay with the four payments (as I can now afford them, after graduating and finding full time employment). I set up the arrangements for the money to be drafted each month and made sure I had the money in my account the day he told me the money would be withdrawn. (I should note that I was told the money would come out on that exact day, not a week later as the man later informed me)
Several days after my first payment was to post, I called the lawfirm to inquire about the problem and was told to wait a week, that sometimes the withdrawl can take a while.
A week and a half later my husband called him and requested that we would be able to just wire him the money that day as we had other expenses being drafted from our acct. (utilities and such) that we didn't want to interfere with this payment. The attorney told us to go on about our business that he hadn't heard anything about a check yet (a week and a half after the date he said the money would come out!!).
After hearing nothing, and obviously having our money drafted for other utilities we received an irate call today, demanding we pay this lawfirm today or he will file suit. My husband called, told the man that we'd done what he said, told him this situation would occur and attempted to work out a plan to pay the firm on our next payday (less than a week away) and double up on our last payment in the series of four so that we do, indeed pay this debt. The man simply said "Pay today or we file" and hung up.
Now, I'm obviously scared, confused, worried, etc. about what to do next. I don't know my rights, am committed to paying this debt in four months (I can't pay it all at once but I CAN make four payments and pay this bill) and really don't appreciate the way this man handled our situation, being very kind throughout, leading us to believe he'd work with us, etc.
Obviously my credit score is in the gutter, but I'd rather not have a judgement on top of everything. This is my only debt...I don't want it to ruin me for a lifetime, especially since I'm doing all I can to pay it off.
Please help!! (and thank you in advance!)