Legal Question in Credit and Debt Law in Florida

I defulated on a contract on a school loan. I want to start paying on the loan but was told it has gone to collections. I was told they may take my assets like my home, car, but these are not paid for items.The options given to me by the collection people are not what I can afford. What can I do ? I have offered to start paying but again not what they are asking for in a monthly payment. Do I have options


Asked on 9/16/09, 4:10 pm

1 Answer from Attorneys
Sarah Grosse Sarah Grosse, Esquire

I feel your pain. You just don't pay them, or pay them what you can afford. They cannot take things you do not own.

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Answered on 9/18/09, 3:50 am


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