| Message |
Author |
 Posted: Sat Jun 21, 2008 9:21 pm Subject: COLLECTIONS - Premier Bank Card |
|
|
I have a few accounts with CA's in the amounts of 600.00 500.00 1000.00 i plan on paying them off but i'm not able to right now. do they really take you to court on such small amounts or is it not worth their wild i'm in California i'm 120 day past due on my debt.
macy's 1000.00
Premier Bank Card 500.00
Credit one 600.00
|
|
SHONDA70
Joined: 21 Jun 2008
Posts: 2
Debtcc Points: 55
|
|
|
| Posted: Sat Jun 21, 2008 11:09 pm Subject: |
|
|
Yes I believe that they will take you to court because you will end up paying the attorney's fees so it won't bother them any.
My advice to you would be to try and work something out before it gets that far, meaning being sued. Good luck:)
|
|
ladybug
Joined: 29 May 2007
Posts: 2624
Debtcc Points: 24302
|
|
|
| Posted: Sun Jun 22, 2008 8:17 am Subject: |
|
|
Welcome to the Community Shonda  Have these debts been sold to the collection agencies, or are they collecting for the original creditor?
If they are still with the oc, try to call them, and work something out . Alot of the cc places have a hardship program where they will drop or lower the interest so you can get caught up.
A friend of mine jsut recently did this, she will be going on 120 days and they set her up. I told her to keep calling them until she got someone who would work with her.
If these are with the CAs', as being sold, can you tell us who the agencies are? We may can give you some tips and direction on where to go from there..Good Luck..karen
_________________
As long as you are alive, there's always hope
|
|
Bossy4455
Moderator
Joined: 27 Feb 2006
Posts: 5293
Debtcc Points: 63268
|
|
|
| Posted: Sun Jun 22, 2008 8:20 am Subject: |
|
|
Welcome Shonda! Yes, most original creditors will give you a hardship program where they will lower the interest rate, waive the late fees, and lower your minimum monthly payment amount. Most of them will lower the minimum monthly payment amount to 1% or the outstanding balance. The programs are only temporary, but it might give you a chance to get things turned around. Good luck!
|
|
alias1958
Joined: 31 May 2008
Posts: 936
Debtcc Points: 5648
|
|
|
| Posted: Sun Jun 22, 2008 8:22 am Subject: |
|
|
They let my son, who is on disability, stay on for a year. They really were nice about the payment part too, I pretty well set up what he could afford.
_________________
As long as you are alive, there's always hope
|
|
Bossy4455
Moderator
Joined: 27 Feb 2006
Posts: 5293
Debtcc Points: 63268
|
|
|
| Posted: Sun Jun 22, 2008 12:47 pm Subject: |
|
|
One for certain I would pay off is the Credit One Bank card ASAP. They are owned by Sherman Financial Group AKA Resurgent Capital Services AKA LVNV Funidng. Nothing will stop Credit One from passing it over to LVNV Funding who is also at the same address 625 pilot road in Las Vegas. It is just my opinion. It will be less headaches for you.
_________________
Register today to cash in debtcc points.
|
|
Guest
Debtcc Points: 100
|
|
|
| Posted: Thu Jun 26, 2008 12:23 am Subject: |
|
|
bossy
how old is your son and if he is on disability ..did his caretaker get him into debt? or was this due to his disability? most states still protect the disabled and do not let them get into debt with other entities from what I have experienced..that sucks that you sent what he could afford instead of what most states in America would have stepped up to the plate and paid for! do you still have outstanding bills? I think an attorney could definitely get those taken care of for you if they are actually your son's debts
also..have you ever received compensation from anyone for your son's disabilities? That will be the big issue here I think
_________________
Register today to cash in debtcc points.
|
|
Guest
Debtcc Points: 100
|
|
|
|
|
| Posted: Thu Jun 26, 2008 9:21 am Subject: |
|
|
Premier will settle with you for half of the bill. I settled and paid them off. It will show on your credit report as pd w/settlement
_________________
Register today to encash debtcc points.
|
|
heavensent
Guest
Debtcc Points: 100
|
|
|
|
PinkLady
Moderator
Joined: 15 Jun 2006
Posts: 1399
Debtcc Points: 19930
|
|
|
| Posted: Thu Jun 26, 2008 8:55 pm Subject: |
|
|
I settled with First Premier for 1/2 of the bill and did not that pd w/settlement on my credit report also. Credit One is a nightmare, they are real a$$holes, had them and now they are gone.
Good luck to you:)
|
|
ladybug
Joined: 29 May 2007
Posts: 2624
Debtcc Points: 24302
|
|
|
