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Posted on 7/15/14 at 9:40 pm to Modern
quote:
So if I contact the CC and workout a settlement, etc. what do I do about the court papers?
If you do this, open up a separate checking account. You don't want them to "accidentally" withdraw at their leisure. Only put money into this account when it is time to pay your monthly agreed upon obligation.
Posted on 7/15/14 at 10:36 pm to Modern
Companies are now suing over $2,000? Dang.
Call up the bank, discuss options, then go to the courthouse and ask for help with response.
Best situation, you work out a settlement and the bank pulls the lawsuit.
Call up the bank, discuss options, then go to the courthouse and ask for help with response.
Best situation, you work out a settlement and the bank pulls the lawsuit.
Posted on 7/16/14 at 8:35 am to Modern
If you are actually being sued, a validation request won't do. You have to answer the suit with the court within I believe 10 days. If not, they are awarded the judgement. The CC company will tell you to call the company handling it. Do not give the company any of your information. If they win, they will use it to collect the debt.
Posted on 7/16/14 at 8:48 am to Modern
I'm going to take a different view here.
I don't understand why so many posters here are trying to help you get out of paying what you owe. I pay my credit card bill. I don't ask the credit card company to forgive part of my obligation.
You owe the money. You bought things with your credit card.
You admit you ignored calls and letters advising you to pay or risk being sued.
So, pay it.
I don't understand why so many posters here are trying to help you get out of paying what you owe. I pay my credit card bill. I don't ask the credit card company to forgive part of my obligation.
You owe the money. You bought things with your credit card.
You admit you ignored calls and letters advising you to pay or risk being sued.
So, pay it.
This post was edited on 7/16/14 at 8:50 am
Posted on 7/16/14 at 8:48 am to Modern
quote:
2,000
So if I contact the CC and workout a settlement, etc. what do I do about the court papers?
You couldn't make the monthly payments minimum on $2000 dollars? The monthly min was probably about $25!
Wow!
Posted on 7/16/14 at 8:57 am to LSURussian
quote:
You owe the money. You bought things with your credit card.
I offered advice based on the fact that he didn't sound like he was interested in paying the debt since he obviously walked away from his agreement. I also said if he planned on paying it to contact them for a settlement or payment plan. Some people don't have a problem with doing something others think is immoral. If they're saying he owes $2,000 now, I'm sure the original debt was MUCH lower than that.
Posted on 7/16/14 at 8:59 am to LSURussian
I don't get the sense he is trying to get out of paying it. Just seeking advice on how to proceed.
If they've filed suit, I doubt contacting them to settle will accomplish anything. Why would they settle for less when they can let the courts award them the entire amount and possibly proceed to garnishment?
I'd go talk to a bankruptcy attorney. For a $2000 debt, bankruptcy may not be the solution but you may can get them to respond to the court filing before the deadline and before a judgment is placed on you. They're hoping you don't respond so they can get judgment and garnish your wages, which you'll then be on the hook for all the associated costs. All you're really doing at this point is fighting to keep a judgment off your credit report. I'm sure your credit is already FUBAR, but a judgment just makes it infinitely worse.
If they've filed suit, I doubt contacting them to settle will accomplish anything. Why would they settle for less when they can let the courts award them the entire amount and possibly proceed to garnishment?
I'd go talk to a bankruptcy attorney. For a $2000 debt, bankruptcy may not be the solution but you may can get them to respond to the court filing before the deadline and before a judgment is placed on you. They're hoping you don't respond so they can get judgment and garnish your wages, which you'll then be on the hook for all the associated costs. All you're really doing at this point is fighting to keep a judgment off your credit report. I'm sure your credit is already FUBAR, but a judgment just makes it infinitely worse.
Posted on 7/16/14 at 9:20 am to The Spleen
What I'm going to do when I leave work today is call the col agency and speak to them about a settlement amount, and if there is still time today I'm going to the courthouse to speak to someone in person about how to handle responding to the paperwork I received yesterday.
Posted on 7/16/14 at 9:22 am to Modern
Did the letter have a court date? Did you sign for it?
Posted on 7/16/14 at 9:30 am to LSURussian
quote:
I don't understand why so many posters here are trying to help you get out of paying what you owe. I pay my credit card bill. I don't ask the credit card company to forgive part of my obligation.
You owe the money. You bought things with your credit card.
I would kiss you on the mouth right now. Pay your debts you deadbeat frickers.
Posted on 7/16/14 at 9:36 am to Broke
Well...okay, but no tongue.
Posted on 7/16/14 at 9:47 am to The Spleen
quote:
I don't get the sense he is trying to get out of paying it. Just seeking advice on how to proceed
Yeah. People make mistakes, sheesh. He's looking to pay it off.
We all know that in many cases institutions will take less than the total amount owed from the debtor, which may be in the best interest of both parties.
Posted on 7/16/14 at 10:03 am to LSURussian
quote:
I'm going to take a different view here.
I don't understand why so many posters here are trying to help you get out of paying what you owe. I pay my credit card bill. I don't ask the credit card company to forgive part of my obligation.
You owe the money. You bought things with your credit card.
You admit you ignored calls and letters advising you to pay or risk being sued.
So, pay it.
Posted on 7/16/14 at 10:17 am to JonTheTigerFan
quote:
Did the letter have a court date? Did you sign for it?
It didn't have court date on it. I had to sign for the letter when I picked it up from the post office.
Posted on 7/16/14 at 11:34 am to Modern
Like others have said contact the credit collection agency and see if you can work out a payment plan. They will not accept this offer without some type of payment method saved on file.
This post was edited on 7/16/14 at 11:35 am
Posted on 7/16/14 at 2:18 pm to The Spleen
quote:
on't get the sense he is trying to get out of paying it. Just seeking advice on how to proceed.
If they've filed suit, I doubt contacting them to settle will accomplish anything. Why would they settle for less when they can let the courts award them the entire amount and possibly proceed to garnishment?
I'd go talk to a bankruptcy attorney. For a $2000 debt, bankruptcy may not be the solution but you may can get them to respond to the court filing before the deadline and before a judgment is placed on you. They're hoping you don't respond so they can get judgment and garnish your wages, which you'll then be on the hook for all the associated costs. All you're really doing at this point is fighting to keep a judgment off your credit report. I'm sure your credit is already FUBAR, but a judgment just makes it infini
Talking to a bankruptcy attorney over a $2000 debt is stupid
Posted on 7/16/14 at 2:51 pm to Modern
quote:
It didn't have court date on it. I had to sign for the letter when I picked it up from the post office.
Got dammit I can't give you legal advice here but typically when one is served with a lawsuit, he has to file responsive pleadings with a certain time limit or the CC company lawyers will get a default judgment against him. the likelihood of negotiation after judgment is reduced significantly, plus the CC company can tack on atty fees that the defendant will pay.
Posted on 7/16/14 at 3:03 pm to Motorboat
quote:
I would kiss you on the mouth right now. Pay your debts you deadbeat frickers.
Totally agree
Posted on 7/16/14 at 4:20 pm to Teddy Ruxpin
(no message)
This post was edited on 7/30/14 at 8:31 pm
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