9 Thoughts on In financial debt. credit card co. lawyer gave notice of intent to sue. ???? Do I have anything to stand on.?
  1. Reply
    August 29, 2013 at 2:28 am

    instead of what i really want to say…..peace and love

  2. Reply
    August 29, 2013 at 2:29 am

    If you have no money then they could settle for your assets. Car, home, etc. Or maybe you could work out some kind of a payment plan, or get your credit cards switched over to a debt consolidation program.

  3. Reply
    Iain N
    August 29, 2013 at 2:46 am

    You should negotiate some form of weekly pay off with the credit card company.

  4. Reply
    August 29, 2013 at 3:32 am

    Is the debt yours? If so, you have a financial obligation to pay. If a judge rules in favor of the card company, your assets and wages can be attached. Have your tried to work something out with the card company? As a last resort, have you considered bankruptcy?

  5. Reply
    August 29, 2013 at 4:22 am

    If you borrowed the money, you WILL be responsible to pay. Credit card companies are not in the business of handing out free money. You have nothing to stand on.

    Have you missed any payments? Did you call the credit card company?

  6. Reply
    lindsay s
    August 29, 2013 at 4:45 am

    They can’t really do much to you! I know someone in the same situation!! Hang tight and make a deal with them.. tell them you can start payments or something?!

  7. Reply
    August 29, 2013 at 4:48 am

    Pay $ 50.00 a month and pay the same day every month. Do not miss a payment. The lawyer will force a judgment through the court against you and charge crazy fees and interest above and beyond what the bank was/is charging. The lawyer will still charge you interest. Bankruptcy is no longer an easy option unless you own nothing. eg. house, expensive car etc.

    Pay the 50
    pay the 50
    pay the 50

    Meanwhile save as much money as you can and pay off in full as soon as possible

  8. Reply
    August 29, 2013 at 5:43 am

    Your only hope is that the Statute of Limitations has run out. How old is this debt?

  9. Reply
    August 29, 2013 at 5:47 am

    Hi, here are some links which should have what you are
    looking for, from the Law’s point of view:
    and here http://finance.ebookorama.com
    also plenty more to read here
    good luck!

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