My wife and I are 60 years old and both of us lost our jobs 2 years ago .We coiuldn't pay our Credit card billls .Now we have to go to a hearing .What do you think will happen .This is new to us and we are pretty scared.Thank you .
Welcome to the forums!!!
The court can issue an order against you. If the credit card company wins the case, then they can place a lien on your bank account or property.
Subject: credit card
Fri Jan 06, 2012 3:36 am
Thank you for the reply .
Could they take your .Checking account .If so how could you pay your bills ? Also cabn then take your tax refund check .Can they take your Social Seturity check ? That I will be getting in a few months .Thanks again .
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.