A call from National Financial Systems, Inc. When I received a payment of $194.53 after my checking account from Chase closed. Me and my brother both receiving Supplemental Security Income (SSI) every month on the 1st date as a low-income. It's in my mom's checking account. Our money is for her rent payments. Me and my brother both disability. At this company, they keep asking for the checking accounts or other bank accounts only. Not money orders. I cannot stand it anymore. I couldn't afford it.
2007-11-21 03:21:42 · 13 answers · asked by Alfie Martin 1 in Business & Finance ➔ Personal Finance
There is a law that prohibits collectors from forcing you to pay debts (providing they were made prior to your eligbility for Soc..Sec disability payments) from your disability income called "Jugement Proof".
Also , if your only source of income is Soc. Sec. then you will qualiify for Legal aid.
Do you have a "211" line in your state? They can be very helpful.
Hope this info helps!
2007-11-21 03:57:48 · answer #1 · answered by ang253 6 · 0⤊ 1⤋
here is a possible option... collectors are paid, in many cases, on how many peope they help... not how many people pay.. i know it sounds crazy but hear me out.. DON'T change your # this will cause problems for other people as calls will go to former employers, ex girlfriends, and lots of other places where you don't need you business spread around.. Do actually listen to the collector, in most cases the first minute or so is a script that "must be read" for quality, then they may go off script and answer all questions.. there are programs like a hardship program where you pay monthly payments( when you ssi gets in) and you can also request a settelment that in many cases will cut you bill in half!!! don't ever hang up though cause the answer is there.. you just have to find the right collector to help you.. if you are not getting the answers you want.. call back or talk to a supervisor.. once you show you are ready and willing to work with a creditor they will bend over backwards to help!! there is of course one final way to stop the calls but it is a cop out and very low on your part.. it is dishonest .. it shows you don't care about obligations you have made and put you name on therefor showing you can't be trusted in the future with loans.. after all a credit card is aloan with a bank.. write a "cease and decist" letter and give it 30 days.. just put you don't care about bills and not to call you because you have no consideration for those who try to help you "by loaning money" and the calls will stop, your account will charge off and if you think your credit is bad now just wait till that happens.. also if you have any kids that will be ready for college in the next 10 years this may ruin their chances due to no student loans.. college kids have no credit so whos do they run for a student loan???? yours!
2007-11-21 03:58:58 · answer #2 · answered by ra ra yeah!! 1 · 0⤊ 2⤋
I`m sorry to hear about your disabilities, but unfortunately it doesn`t erase your debt. You may want to contact chase and see if you can come to an agreement. Some creditors will actually settle for less than the actual debt given the circumstances, or you may make payment arrangements that suit both of you. Good luck.
2007-11-21 03:29:18 · answer #3 · answered by EDWARD D 4 · 0⤊ 0⤋
You need to send them a "Cease and Decist Letter". As long as they don't actually own the debt. If they actually own the debt then they have every right within the limits of the "Fair Debt Collection Act" to call you. I suggest you spend a few bucks and pick up a book by Benjamin Dover called "Back Off". Yeah, funny name but he's a radio personality who worked for years in the collection industry. I've listed his website below. My wife and I had a car repossesed shortly after I left the Army. We were so poor, we couldn't pay attention. But, we heard about Ben and I picked up a copy of the book. You wouldn't believe how conducive the collection agencies were willing to deal after I told them to cease and decist. By law, after you send them this letter, they are only allowed to contact you directly one more time and that is usually to tell you they recieved the letter. Good Luck and feel free to email me if you need anymore info. My email contact is in my profile.
2016-05-24 21:37:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
change your phone number. And next time pay your bills. If you guys or your mom have a home you own, when you refinance, you can add those bills in the mortage and they'll be paid off and all you have to do is keep paying the mortage on your home.
2007-11-21 03:30:51 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you owe the debt, the next time they call tell them that you know you owe them the money and you'll get it to them when you can. Then you tell them to stop calling you, and if they do continue to call you will report them to the authorities for harrassing you.
Debt collectors are not allowed to harrass you. If they do, you could be entitled to compensation which could be even more than the debt you owe.
If you down't owe the money, tell them that you don't owe it and for them to stop calling you.
2007-11-21 03:30:22 · answer #6 · answered by nealeinmi 3 · 0⤊ 0⤋
Get your phone number changed, or find a way to make more money, small enough that it doesn't interfere with your check, but enough that it helps. (Think ebay as a possibility, i've done some selling there.)
2007-11-21 03:27:05 · answer #7 · answered by jodokast614 2 · 0⤊ 0⤋
Sell your computer and pay your bills. Stop being so irresponsible!
2007-11-21 03:28:41 · answer #8 · answered by cpep27 3 · 2⤊ 1⤋
What are you asking? I can't figure it out and read that paragraph several times.
2007-11-21 03:30:55 · answer #9 · answered by Anonymous · 1⤊ 1⤋
tell them that you have not worked and you don't have the money. also not to call your mom.
2007-11-21 03:25:34 · answer #10 · answered by Anonymous · 0⤊ 1⤋