How long can I go without paying my debts before sued etc

Date: Sun, 07/16/2006 - 22:33

Submitted by mailboxtj
on Sun, 07/16/2006 - 22:33

Posts: 19 Credits: [Donate]

Total Replies: 3

Hi how long can I go without sending min. pymt's to creditors thier all with citi bank ? im currently 3-months behind and am in a I believe inhouse collections stage. Im trying to save money so I can either go find a good and honest debt settlement program since I found out t & c can not get dell financial service to accept a debt management program. So heres my question HOW LONG CAN I GO BEFORE IM HIT WITH A LIEN OR GARNISHMNET OR JUDGEMENT then I can come in to them and slam them with a one on one settlement or work with a DS company

Usually, the creditors mark the accounts to a 'charged off' stat

Usually, the creditors mark the accounts to a 'charged off' status when it is 120 days past due. During this time, they can either hire an internal collection agency or sell the debt to some other company. It is not necessary for the creditor to notify you about the latest change in the status. Try to keep in touch with your credit companies and extend your payment proposals. If you can arrange partial payment plans with them, they will desist from taking any legal actions against you. Have you talked with your creditors recently?

lrhall41

Submitted by Justme on Mon, 07/17/2006 - 05:14

( Posts: 479 | Credits: )

it has been almost 10 years and they can't tell what the debt wa

it has been almost 10 years and they can't tell what the debt was on and we filed bankruptcy in 2001 so it would have been included in it.

lrhall41

Submitted by on Fri, 04/24/2009 - 09:18

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Do some research an dfind out for certain it was included in you

Do some research an dfind out for certain it was included in your BK. You can go after them for violating a Federal stay of BK.

lrhall41

Submitted by NASCAR_Devil on Fri, 04/24/2009 - 10:06

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