28 Mar

Do you have caller ID and a answering machine?

You don’t answer the phone..sticks and stones will..you know the rest. You said your piece, now wait for their next move. You are doing the best you can, just do it and see what happens. If you want to send them a cease and desist letter that may help, but really it will just elevate it faster. Just stick to your plan, Take care!

ll I can say is, whatever you do, don’t avoid the calls.

1) talk to them, and see if you can make a payment arrangement. Avoiding them will certainly lead to further action by them, not to mention stress for you.

2) If you are in too deep, and can’t come to a suitable arrangement, and don’t want to go to bankruptcy – I would suggest talking to a credit counselor.

Another option, may be Oderly payment of debts – which is not bankruptcy, but still affects your credit rating. If that is your concern, remember that if any of your debts our in collections – your credit rating is already affected.

13 Mar

What do y’all do when the creditors start calling?

Last night the same creditor called me twice and I explained each time that I was sending payments based on the percentage that my debt with that creditor represented from my total debt.

Today I got another call from the same creditor and again I was informed that they were going to take legal action against us and that they would garnish my husband’s wages and put a lien against our house.

Anyone have any encouraging thoughts or words? Any suggestions on what I should say the next time I call? How realistic is it that they would take legal action?

I feel discouraged right now as we were trying to do this on our own and the way things are sounding and looking we aren’t going to have much choice but to refile for bankruptcy.