 Posted: Thu Aug 02, 2007 5:15 pm Subject: |
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You need to put your best efforts in stopping the creditor from taking legal actions against you. You still have some time left in resolving the matter. Speak to a professional expert for handling your situation. He will negotiate with your creditors and set up a repayment plan. This will stop the creditor from taking legal actions against you.
Under the federal laws, if a judgment is awarded, it should not be more than 25% of your disposable income. But the laws are different in each state. You need to check with your state AG’s office for more information.
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Trenity
Joined: 14 Mar 2006
Posts: 510
Debtcc Points: 6278
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