letter of intent to sue - are they going to garnish my wages?

Not all companies are willing to work with consolidation. Another possibility is that your consolidation company is not aware of them for one reason or another. Were they on the list that you gave to your consolidation company? Is the company theatening you a collection agency, lawyer or original creditor?

Maybe you should try contacting them and giving them your debt consolidation company's name..maybe that will help.

ladybug

My debt consolidation company said they could send them a harassment complaint but I don't know what that is or what it does. Does anyone know?

I have no idea but someone will be along shortly.

ladybug

I know that if you had a lawyer and they contacted you regarding the debt knowing you had a lawyer that would be harrassment and an fdcpa violation. I don't think that would apply here though! Not 100 percent sure.

The people who are handling my accounts are Banks, Schwartz and Levitz. It is my understanding that they are lawyers.

No One can garnish your wages without a court order to do so, except certain government agencies. a creditor must get a court order. An intent. is just that.

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Thanks for the qualification! Thats what I was trying to say!

I have received a letter with intent to sue. This company was included in the consolidation. Banks, Schwartz and Levitz notified them right away. I had paid on time for this loan for 1 year before I had to let go and let curadebt handle it. I believe that the curadebt lawyers notified them several times. The lawyers have asked me if I want them to send a harassment complaint letter. I have asked them what that is but have not recieved a reply so I was wondering what one is?
Thanks to everyone who has replied to my questions. It certainly makes me feel like I am not alone.
Since I have only been in the program for a little over a month and am still paying the retainer fee no settlements have been reached but I am sure they are working on it and I understand it takes awhile to make the funds available.

Ah I see...so this is debt settlement program? or are you making monthly installments to BSL so they can pay your creditors?

Yes,I believe that is what it is, a debt settlement program.The first 3 payments go towards the retainer fee so it seems that nothing can be set aside for settlement until the 4th month unless of course I put more in the account which I don't see happening right now as if I had the retainer plus I would probably be able to continue paying the minimum on my debts. I hope I am doing the right thing. I am really confused as I did this in order not to receive threatening letters of lawsuits

Ok, I thought it was a debt consilidation program where you make payments to the debt program every month and the creditors gets a lowered but monthly payment.


Honestly, there is no guarantee the creditor will want to settle and if your creditors arent getting paid,which it sounds like they arent, they can pursue legal action. A debt settlement program, unfortunately will not put a stop to any legal action.

Who is the creditor that sent you the letter?

I do send them money each month but the first 3 months seem to go to their fee, like I said I am rather confused. The company that sent me the letter is quickclickloans and the lawyers had already contacted them telling them what we are doing and then they send me this letter telling me of their intent and now the lawyers want to send them a harrassemnt letter which I am now sure what it is?

I took a look at the quickclickloans website and looks like they are an installment loan.

They are not harassing you unless they are breaking the law...they can continue to collect and can take legal action on a legal debt. Enrolling in a debt settlement company does not stop action.


You might want to consider sending quickclickloans some $ asap.

It would be in the creditors best interest to settle rather than spend money to go to court unless the amount is signicantly large. I would tell your firm to send the letter but first find out how much extra they will charge to do it. Obviously the creditor knows you are in a program but may not know with a law firm! Once they realize it they will probably re-think their strategy.

Her/his creditors are not being paid...and they are not a law firm. The creditor does not have to wait for a settlement company to pay them...they are not a debt consolidation firm.

Banks, Schwartz & Levitz is the leader in providing wholesale debt negotiation and debt settlement services for debt resolution companies nationwide. Our staff of expert negotiations, payment processors, customer service staff, and nationwide network of lawyers is available to provide you with the top quality debt settlement services you need. Banks, Schwartz & Levitz works exclusively for companies that wish to market debt settlement or debt negotiation services for consumers or businesses. Please take a minute to read through our debt settlement process and then contact us for more information on how we can mutually benefit.

This also came from their website...

The clients may be sued. While less than 1% of our clients have an active lawsuit at any time, a creditor always has the right to file a lawsuit to assert their claim that the debtor owes the money. If there is a lawsuit, there are options such as a legal answer (to stall and give more time), a long term payment plan (payment on the full balance), or a lump sum settlement (normally at a discount).


If I had the choice to avoid court by sending a creditor money, I would do it.

And I would agree, it would be in the best interest to settle, but right now its just in the early stages.

I was under the impression that they were lawyers. In consideration of what has been brought to light here, I agree with Volley. Best to avoid court!

Thanks Frog :D And I will go out on a limb here and say that maybe you should call them and get your $ back...not because they havent done what they promised, but because you are facing possible legal action with a creditor and there may not be time waiting for debt settlement funds to accumulate in your account with them.

Sorry, I had to go to work yesterday, the name of the company is quickclick loans on the internet. I am very upset because when I signed up with the debt negoiation program I asked them several times about this loan because I had read here that quickclick was brutal and I was assured that they could be dealt with and now with just a little over a month in the program I am looking at being sued. Being a grandmother and raising my granddaughter that would be devastating.

And since quickclick is a legal installment loan, they can take action.

I would contact BSL and let them know that a simple "harrassment" letter isnt going to work, especially since quickclick isnt really harassing you, they are sending you a collection notice which they have the right to do. Have BSL call quickclick and try to work it out...After all, you are paying them and they need to work hard to help you!

I went back to Money management International to help pay my remaining bills. I read that sometimes when you go with a debt management company for your bills the origional creditor might get impatient and drop you from their program. i have no problem paying my bills under this proogram and the credtors dont call and harrass me into paying more.