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If I stop Paying a bank,how bad do the collection calls get?

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PostPosted: Tue Nov 13, 2007 10:30 am Subject: If I stop Paying a bank,how bad do the collection calls get?

I just got advice to stop paying b. of a. for six months in order to negotiate a lump sum settlement.
How bad will the collection agent calls be, do you think?
Tunk

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PostPosted: Tue Nov 13, 2007 11:41 am Subject:

they will call you from sunup to sundown.
granny

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PostPosted: Tue Nov 13, 2007 3:24 pm Subject:

Unfortunately Granny is right Sad they sure will call, it may be a while though before the calls come but they will come and it's like a bad ex...seemingly anyway. Now I have experience with 10 credit card companies and getting into trouble with all 10 at once since I didn't have money to pay them. so needless to say i was prime target for the calls.
Who gave you that advice? I think you're right you have to have so much time in default to negotiate a settlement, but not entirely sure

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PostPosted: Tue Nov 13, 2007 4:40 pm Subject:

I assume this is for a BofA credit card right? Or some other credit line with BofA???
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