My mom has a past due credit card blance of $3,100 from one credit card. She got it right after my Dad passed away and for the first year she kept up with the payments but after that, the credit card company closed the account because they said her credit rating fell and they could not keep the account acitive. After that, her minium payments went up about $100 dollars per month. Now my mom is on disablility and drawing off my deceaseds father's social security so her total income a month is about $599. She does not have very much money left after paying for utilities, medicines, docotor's visits, food and basic stuff to survive. It has not been turned over to a collections agency yet but I'm sure it will be soon. We have not tried to negotiate with the credit card company because my mom just can't afford to pay what they want a month. Does she need to worry about paying this debt? What about garnished wages? She does not own a home or anything of value. Thank you!
2006-07-06
09:28:12
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10 answers
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asked by
elusiventity
1
in
Credit