Legal Question in Credit and Debt Law in California

I called the debt collector's phone number almost 2 week, but no one pick up the calls, no one reply my email. What Should I do to get hold of them?

I mailed them letter and explained i have another debt monthly work on the same time, that's why i can't pay 1 time, and ask them can they let me pay by month, and i sent them the other debt collector letter proof that i didn't lie to them. do you think they will threaten me to file bankrupt? do you think they will let me pay by month??

tks


Asked on 10/24/11, 3:40 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Each creditor has its own policy of working out payments. If I were a creditor, I would be thankful someone is willing to pay back at least a portion of what is owed. If they sue, then you will be able to negotiate with the attorney representing the creditor or a collection agency. The problem there is that, by that time, substantial interest and attorneys' fees will have been tacked onto the principal amount.

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Answered on 10/25/11, 11:12 pm


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