I had Bank of America credit card, goofed it up, entered into agreement with DelRay credit counseling, had it under control a few months, lost job, fell out of repayment program ...Apparently, BofA sold loan to CACH,LLC...jacked to amount from 4600 to 8500 and now have attorneys, Daniels & Norreli, P.C., threatening me with lawsuit filing if I don't pay the full amount. They won't even begin a discussion about monthly payments.
Del Ray says they can re-up my program and send proposal to Daniels & Norreli to enter into a payment program but I don't know if I'll now be paying for twice the amount of the loan as before or if Daniels and Norreli decline the proposal, than, what? Am I off to court to be ordered to pay the full amount plus, more attorney fees? The rep from the attorney's firm said if the press for judgement, I'll end up with a $13,000 tab.
I'm trying everything I can think of to only pay the original loan and not the jacked up fees. I want to repay the loan but can only afford so much.
In a real bad place here and just don't know what to do or who to trust.
I can hardly breath.
Sound advice and help would be greatly appreciated!