Legal Question in Credit and Debt Law in Maryland

collection

my credit card balance went in collection, i have been treaten if i do not pay $1000 x month they goin to put judgment agaist my home, i keep pay $1000 x month, but i can not afford that sum anymore,i told them i can pay $500x month ,but they say no what can i do? i told them im a diabetic ,i need to split the $1000 between then /my health insurence their response was they dont care. please help


Asked on 11/04/07, 12:08 am

1 Answer from Attorneys
Julia Colton-Bell Law Offices of Julia Colton-Bell, LLC

Re: collection

There may be some violation of the FDCA but would need a little more information. If they have not sued you in court for the balance then they have no judgement against you in which they can place a judgement lien on your house. Generally, they just want to get there money and do so as quickly as possible. Sometimes a letter and/or phone call from an attorney can help resolve the matter and get a payment plan in place that is acceptable to both you and the credit card company. You can also try to speak to a supervisor and see if a different payment plan can be put in place.

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Answered on 11/04/07, 10:34 pm


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