I think this site is wonderful! I was about to sign up with a consolidation company, but I was a little concerned about it.
I've trying to do this on my own, following the advice I got from you. One of the companies settled for $800 less, and another one settled for $200 less. My big problem is Sonic. I can pay them, but that really leaves me pretty strapped for the month (It will be PIF since they don't rollover) I am terrified of having them try to garnish my wages, although as a school district employee in Texas, they may not be able to so. I wish I could be as brave as the rest of you!

I'm pretty sure that Sonci isn't a licensed lender in your state but if you want to be absolutely certain call your DFI and ask them. That being said, if they aren't licensed, they can NOT garnish your wages, period. BUT, unless you send them a wage assignmmment revocation they CAN attach your wages without a court order. Please, just to cover your back, send them a letter (nothing fancy) and revoke any and all wage assignments you may or may not have signed, then print the letter out and give it to your payroll department. You do realize of course if they aren't licensed lenders all you are obligated to pay them back is the principal amount you borrowed on YOUR terms. If it were me, I would call them and request an address to send payments via money order by postal service, if they are reluctant in giving you a valid address I would simply tell them no address, no payments. I wouldn't agree to any specific amount either, because if they aren't licensed they MUST meet your terms, they can't do a single thing to you except threaten.

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great advice as always, shazzers

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I believe that Texas is a non-garnishment state. Besides, in order to garnish, they need t sue first and then get a judgement for garnishment. I believe Sonic is illegal, therefore, they won't be able to successfully sue.

Since you did sign a wage assignment, you need to revoke that ASAP...make sure you do give a copy to your payroll department.

Otherwise, do as Shazzers outlined. Pay them on your terms.

DSS is correct Texas is a non garnishment state!

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