I am being summoned by a credit card debt collector, and I know if I don't show up they can garnish wages, put a lien on any property I owe. But I don't have a job, and I don't own any property (not even vehicle) only my spouse does (could this effect him)? So If I don't have anything for the debt collectors to take, can they put me in jail? The court date is also only a few weeks before my baby is due.
I just started to go late with my cc payments due to loss of job. I myself don't have money but my mom's checking and saving accounts are all opened under my name and she uses them 100?Can a credit card company go after my bank account? I would want to warn her if so or else she'd be robbed of her own money. I used to make balance transfer payment through that same account when I had money.
Simply, what were to happen if someone decided to get a credit card and spend several thousand pounds, but with that money, they bought supplies to live off the grid for the rest of their life? No home, no job, no name no nothing..... Would a credit card company who they owe debt to be able to do anything? The amount they owe would increase, their credit score ruined, debt collectors contacting a address they no longer live at, and I can't really imagine a credit card company paying for a nationwide manhunt...
So given if someone were to take such action
Would a credit card company be able to succeed in finding that person or get their money back?
Many thanks to all who read :)
I see many jobs advertising for merchant credit card services and payment solutions. How competitive a career is this? Can anyone recommend some good companies to work for?
Can an individual eliminate credit card debt by declaring bankruptcy? I didn't think you could wipe it out, just get the bill collectors off your back. But, someone told me that it depends on which chapter of bankruptcy you use. The right one WILL eliminate credit card debt. I know someone who has $80,000 in credit card debt and they are trying to do that to get rid of that debt! Is it really possible? Are there any restrictions in doing this. Can you ever get a credit card again if you do it?
If you file bankruptcy to eliminate all debt, do you have to give up ALL of your possessions? Will you have anything left?
This is for a friend of mine (really). They don't own a home. They have 2 cars and some furniture and A 401k plan. Between the two of them they make about $40,000 a year. I don't see how debt consolidation will help them How could they EVER pay off $80,000!?! They had a house but they used up all the equity in it over the years and sold it recently and broke even on the deal, ending up with NOTHING! What a mess! I just didn't think they could wipe out their credit card debt! And, it really isn't fair to the rest of us that pay our bills!
I was able to catch it while at some one else's house. The tv show was about american (and possibly canadian) families that buy things on credit and can't afford them. Like the wife would buy new things all the time on the credit card and not tell the husband. It usually involvess people who are kleptos or shopaholics or just feel inadequatee unless they own the latest product/item. Thanks!
I have several bills in collection after being unemployed for 11 months. I'm starting to pay everything back now that I have a new job and I've been reading alot about collection agencies. I have seen written many time to NEVER disclose your bank account or credit card information to a debt collector. So how do I pay these people? I guess a cashier's check?
I pay so much money to a lawyer every month (signed papers so I could do this) but this month I had trouble getting the money. I sent the payment off but it is going to be late and if it is too late getting there they are going to file a judgement. I would gladly pay off the bill if I had the money. I was stupid and got a credit card not fully understanding about the interest and all that.
I have lost my career, and have been trying to pay off these credit cards. The balances just keep going up even though I am not using the cards and I am very far behind. Is there any hope on the horizon
I lost my job and had my credit card charge off and go into collections. I am working again and they said I could make monthly payments and they would lower my interest to 0?ut they are no offering to report that I am paying every month. How can I negotiate this with them?
I paid off a credit card in one lump sum. They sold the claimto a collection agency and they sold it to another collection agency and now the credit card company has no information what so ever and the two collection agencies think they are doing their jobs. I know in Ohio there is a law that once you tell them to stop calling it becomes harrasment. I told them that I was documenting these calls with dates and times. They keep saying that they will not call but still do.
I do not own a house or have any money in the bank. I do own a car. My job has cut back and i can no longer pay my credit cards. I have no money to file bankrupsty. Besides the calls, what can they do to me if i never pay them?
I have 1 credit card from capital one I have been consistantly paying on for 6 years! The balance was 2000 and now is at 900. I can't afford to pay on this anymore. I've already given them thousands of dollars. I am thinking of letting it go to collections. I already have two jobs and have tried consumer credit counciling. I need to know if it's likey they will take me to court over such a low amount? Anyone have any experience with this?
Can anyone help me with the best advice on how to raise my credit score once again to a decent one? My other lines of credit are ok, and now I am repaying the credit card but it is now over the limit.
I think my credit score is funked up. I used to own a house and I missed a payment or two when I was laid off from my job. I sold it and I paid off all my credit cards. I recently applied for a credit card and was denied.
I need to fix my credit score. Any suggetions?
I dont have any bills because I PAID OFF ALL MY CREDIT CARDS. I cant even get credit to pay down the bills early.
I am disabled and limited income. About 4 or 5 years ago I got this credit card and hit hard times and I can't make the payments right now. Because of the hard times I ran into I am having to work a parttime job and they are calling my work place what can I do? Please help quick!
I had been laid off three times in 18 months and ended up working part time for a while and finally settling for a job making considerably less money. Now I cant afford my credit card bills and need to get some help but dont want to go bankrupt. Do these companies really do the job they say they do?
I had a rough time a few years ago, and stopped paying my credit cards and cell phone to be able to keep paying the rent and then i lost my job, it was all sent to debt collectors. I'm ready to get this taken care of so I can rebuild my credit somehow, but I don't know which companies hold the debts. How do I find out? I haven't heard from any of them in almost a year.
My friend works in collections, he calls people who are delinquent on their credit card bills. He said it's a fun job and you get to yell at people all day, and that there are basically no rules. And the pay is OK but it's commission, so to get commission you have to scare people into paying?
Should I go for this line of work?
I messed up my credit account about two years ago when I quit my job to focus solely on school. I became irresponsible with my credit card bills and eventually one went into collections. Now I tried to work out a deal with the collectors that I would pay monthly, but I also let them know that I was unemployed and a full time student. I missed my last payment with them as I go to school and don't have a job,and my priorities are focusing on textbooks. I have heard from some people that it isn't even worth paying something once it goes into collections. What should I do, and what are some good ways to start improving your credit?