I already try a debt manager but they will charge me a lot for their service plus I would be making big payments as I'm now..(dont see a benefit) so a lawyer mmm(no $$)so...if they send me 2 court what will happend if I try 2 hidde or even go away from the country? I dont have nothing under my name...no car, no house, no accounts, not even bills..that my partner always takes care..wich makes me wonder also: becuz he's related 2 me ..Will they hurt him also?
2006-09-13 21:23:14 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
If you do not go to court, you automatically forfeit any chances to settle the debt. Not appearing is saying:
you acknowledge that this debt is valid and the collector may do what they deem necessary in order to retrieve what is owed.
Collectors are trained to be aggressive and use scare tactics to get their money. I told one collector:If you squeeze the utters on a cow and no milk comes out what does that mean?
He responded:There's no milk.
I added: Exactly. In simpler terms, you can call my home every day and you can threaten to take me to court but that wont guarantee that you will be paid.
Young Lady you have to be responsible. You also deserve to live a normal life. You don't have to pay an expensive lawyer in order to resolve this debt. If you are making payments now. Start saving that money to pay for your Bankruptcy.
A few months of late payments wont hurt you severely.
Prior to making your final decision,do your research.
Evaluate what option works best for you.
if you are planning to move or get a new apartment, filing bankruptcy can harm your opportunities.
America is in debt why would you think that you would have to move in order to eliminate your debt. your social security number remains the same unless you get married and even then your information can be cross referenced.
Don't worry. it aint that serious. Get you some rest.
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2006-09-13 22:17:14 · answer #1 · answered by nubianbx 2 · 0⤊ 0⤋
no they cannot lock you up. In fact it is rare they will even take you to court. You do need to take whatever they have sent you though and go talk to a lawyer. Go to a credit counseling service too..do it right away, but check them out first. They may be able to help you work something out Wells Fargo - it's what they do.
2016-03-27 00:49:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They can go after him only if his name is on it. Leave the country?? This must be a really big debt. If you don't go to court you automatically owe it. Once that's been declared they can and will do anything to get their money. This includes garnishing bank accounts with your name on it. Once they hire a collection agency and they've got court papers saying you owe it, believe me, you will pay. They may even wait a while to let the interest go up.
2006-09-13 23:54:39 · answer #3 · answered by NETTA M 3 · 1⤊ 0⤋
Hiding or runing away from court will just make things worse I'm afraid. If you have a partner that pays bills you can't declare bankruptcy as you are clearly his dependant. Either sort your debts out it's gonna cause major trouble for yourself and your partner.
2006-09-13 21:37:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I hope this helps you:
Strategies to Reduce Debt Quickly
http://www.complete-debt-info.com/category/Strategies-to-Reduce-Debt-Quickly.html
2006-09-13 23:39:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you are correct.
don't pay for advice, use the money against the debt.
honey, you got to spend less.
nothing under your name, you can ignore them.
but you should tell the card holder about the problem, and spend less.
2006-09-13 21:35:31 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Look into declaring personal bankrupcy.
2006-09-13 21:27:00 · answer #7 · answered by justdennis 4 · 0⤊ 1⤋
i dont know-sorry
2006-09-13 21:30:09 · answer #8 · answered by hanifrng 3 · 0⤊ 1⤋