Expecting tons of calls?!?..as we get started

Date: Tue, 02/02/2010 - 19:03

Submitted by luckin10
on Tue, 02/02/2010 - 19:03

Posts: 181 Credits: [Donate]

Total Replies: 2

I am posting alot..so I apologize but we are just really getting the ball rolling on settling five of our cards. Unfortunately they are all in my husband's name and 2 are in his business name. He is the nice guy, I am the mean one and I want to be able to handle the calls. I know they are not going to talk to me and are going to start hassling him at his office. Any suggestions on how to not get them to call at work? I know he can tell them that on the first call but will they honor that? He will be happy to talk to them as we have gathered that open communication after awhile is key, but he does run a business and will not have time to deal with creditors all day. I wish there was a way to change contact info. I have done that on the each website, but I don't know if that does the trick. We are trying to settle...

Bank of America 43,000 (bus)
State Farm Bank 13, 000
Chase 10,000
FIA Card 12,000
Advanta 4,000 (bus)

We are going to stop paying this month. Scared to death as we have never not paid a bill our whole married life (20 yrs)..so I guess here we go. Is that what we do..just quit paying and wait???? AND never give our financial info to them ever??

Any more insight and advice on ALL of this would be so very helpful. I have lived and breathed this sight for the past several month. Thanks!

Okay, he can tell the creditors not to call him in the office bu

Okay, he can tell the creditors not to call him in the office but practically the FDCPA rules don't apply to the original creditor. So, they can continue calling him. You can ask him to avoid their calls or to redirect those to the home number.

When the creditors will call, try to be nice and explain your financial hardship to them. Being nice and courteous would often win a good offer for you. You must also express your eagerness to settle.

lrhall41

Submitted by SC on Tue, 02/02/2010 - 20:11

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Thanks SC for your post. Also, as long as we keep communicating

Thanks SC for your post. Also, as long as we keep communicating with them will this keep them from contacting anyone else i.e. a parent or close relatives, neighbors etc? I have no idea how they would get their numbers, and I do not recall us ever giving that information when we originally signed up for the cards. However, I really can't remember since we have had some of the cards for a really long time.

lrhall41

Submitted by luckin10 on Tue, 02/02/2010 - 20:21

( Posts: 181 | Credits: )