I have received papers from a lawyer for a creditor that i had stopped paying. I am 70 and my husband is 80 and between all the medical bills and pills i wasn't able to pay my electric bill. I was 2 months behind so I had to stop paying my credit card bill. Now they sent me papers telling me I have 20 days to send a letter to the court. They say there going to freeze my account, we only live on a retirement and social security.What should i put in that letter?
Thu Apr 11, 2013 10:02 pm
$12,000 in credit card debt???Jesus f'ing chrsit I'll bet you don't have anything to show for it either do you??If you do sell that sh** and pay them off. You could make massive payments on that much credit card debt and the interest alone will eat up the payments leaving you owing the same amount.You can try talking to some local debt consolidation places, but my main suggestions would be:A) sell off anything you have of value, and use it to pay off those cardsB) chop those f'ing cards up (if you haven't already).C) stop spending money on sh** you can't afford.Sorry to be so harsh, but $12,000???? That requires harsh.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.