I am so late with the payments

Hi guzv.. I'm sorry to hear about that, I found this information on this site:
bankrate.com/brm/news/cc/20020814p.asp



I hope this helps.

My advice to you would be to at least pay the minimum payment on time to avoid a late fee. How much of the debt was actually yours? I know you will still be liable for the portion that was yours before it was stolen.

It looks like you already cancelled the card the moment it was stolen and you have an unpaid balance with the credit card company. Since the earlier payments were not posted towards your account, it is adding up with interests and fees.

Did you verify the reason with the bank why your payments were not through? Is the money taken out of your bank? You need to collect some proof and dispute with the credit card company.

Did they finally catch the person who stole your credit card? Did you file a police report? How much was left on the card before it was stole?

You are not held responsible for anything above $50 if someone steals your credit card and uses it in such a manner. Most credit cards (most but not all) will actually call you if someone goes on a spending spree with your credit card because they have to check and see if you are actually authorizing these charges.