Florida Help Please
Date: Tue, 08/04/2009 - 10:57
Hi, Please if someone could give me advice.
I got into a lot of debt.
I have around 7 different credit card bills and loans, totaling $25,000 or thereabouts. Its been nearly 8 months since I last paid any of them as I just got way in over my head and cannont see the woods for the trees.
Today I got three letters, ( I have 3 different accounts with one credit card company) from the same Collection agency saying they want full payment within 30 days. I can request verification, ( I know it is mine) and after that they will " obtain a copy of a judgement" and they will mail me such copys of a judgement.That is there wording.
I earn around $32k a yr, plus a bit od ovetime here and there. My debt which is all in my name, is around $25,000. there is just my wife and I, She earns a bit more but will take nothing to do with my debt. ( there are valid reasons for that which I dont want to go into, its personal). I have no children.
Can they get a judgement and garnish my wages?? or my bank accounts which my wage gets paid into. I have no savings, I own my home but its upside down like many other hones nowadays. I dont know what to do. Whether to call them or not. I have no money to settle with them and after paying my wife for monthly bills and mortgage have around $150 left. We earn to much for bankruptcy in the State of Florida. I have already checked into it. I am very worried and dont know where to turn...Debt management wats around $700 a month, Debt Consolidation wants around $500 a month and I hate to pay them any fees at all........................Any help would be appreciated..
Thanks
I got into a lot of debt.
I have around 7 different credit card bills and loans, totaling $25,000 or thereabouts. Its been nearly 8 months since I last paid any of them as I just got way in over my head and cannont see the woods for the trees.
Today I got three letters, ( I have 3 different accounts with one credit card company) from the same Collection agency saying they want full payment within 30 days. I can request verification, ( I know it is mine) and after that they will " obtain a copy of a judgement" and they will mail me such copys of a judgement.That is there wording.
I earn around $32k a yr, plus a bit od ovetime here and there. My debt which is all in my name, is around $25,000. there is just my wife and I, She earns a bit more but will take nothing to do with my debt. ( there are valid reasons for that which I dont want to go into, its personal). I have no children.
Can they get a judgement and garnish my wages?? or my bank accounts which my wage gets paid into. I have no savings, I own my home but its upside down like many other hones nowadays. I dont know what to do. Whether to call them or not. I have no money to settle with them and after paying my wife for monthly bills and mortgage have around $150 left. We earn to much for bankruptcy in the State of Florida. I have already checked into it. I am very worried and dont know where to turn...Debt management wats around $700 a month, Debt Consolidation wants around $500 a month and I hate to pay them any fees at all........................Any help would be appreciated..
Thanks
They can't get a judgement unless they go to court. If you get a
They can't get a judgement unless they go to court. If you get a summons make sure you answer it and deny everything. Make them prove the debt is valid, if it has been 8 months it has probably been charged off. Send a debt validation letter to the CA. At some point you will need to get some funds to try and settle these accounts. Check with the county clerk to see if a suit has been filed.
Start by sending them a DV even if you know you owe. also fro th
Start by sending them a DV even if you know you owe. also fro them to garnish your wages they would have had to taken you to court. have you received a court summons? also get a copy of your credit report.
Quote:Today I got three letters, ( I have 3 different accounts w
Quote:
Today I got three letters, ( I have 3 different accounts with one credit card company) from the same Collection agency saying they want full payment within 30 days. I can request verification, ( I know it is mine) and after that they will " obtain a copy of a judgement" and they will mail me such copys of a judgement.That is there wording. |
Please send them a validation request, whether you KNOW the debt is yours or not isn't the main issue here. What you NEED to know are a few things; do they (the collection agency) own this debt or were they hired to collect it FOR the original creditor, are they charging you interest and if so are they lawfully doing so, and much much more. Please read the information about debt validation at the link I provided you below.
creditinfocenter.com/rebuild/debt_validation.shtml
