Need Advice - Notice to Appear
Background
About 3 years ago I was involved in a bad business deal. Being naive and a friend of my now ex partner I put myself in a ridiculous position that i'm quite ashamed of. Because of that I'm around 16k in debt in credit cards and about 10k in debt on a prosper loan. I've gotten to the point i've had to stop paying my cards as the combined monthly payments became too much. I'm still paying my prosper loan and 2 cards but the rest have gotten into collections. It's a blight on my life as in the past I've been extremely responsible.
Current
Yesterday I received a Notice to Appear from the GA Magistrate Court from Portfolio Recovery Associates. Again I had (yes I'm not sure how I got so irresponsible) ignored the original statement of claim.
Today I found this amazing site and I'm hoping I can at least get to the point I can negotiate with the creditors again without going through a wage garnishment. I've read a few threads and will continue to read all day. So for I see I might be able to motion for discovery and ask for a bill of particulars to stall and be able to negotiate with them.
Is this correct? I really want to finally take some responsibility and get these debts taken care of the best I can. I don't have too much available cash on hand to pay off big amounts but I have saved about 2k and have plans to increase my savings more to help pay off settlements if possible.
I thank you all ahead of time for any help you can provide!
The magistrate will encourage
The magistrate will encourage Portfolio to settle but they cannot force them to do so.
Hello SoapLady! Thank you so
Hello SoapLady! Thank you so much for the reply.
So do I go ahead and call Portfolio to try to settle or wait to court? If I wait till court how do I bring this up? I've read a ton of post already but haven't found one that matches my situation yet.
Thanks
I would suggest calling them
I would suggest calling them to see if they would settle. Once you go to court they will tack on attorney fees/court costs to your balance. It's worth a phone call.
Thanks Aubrey.
Thanks Aubrey.
I'll try that soon. Also 1 question.
I have my credit card bills go to my family home do to me moving around lately (jobs..). But I currently reside in a different county for the last 2 years.and am even registered to vote in the county I live in. Can I report this to the court and possibly get it so at least I have some extra time to negotiate?