Legal Question in Credit and Debt Law in Ohio

collection agency or attorney?

A credit card bill from about 5 years back. I received a phone call from a company called Liberty Credit Services. He said I neded to have the full amount pad ny a certain date and I said there was no way that I could but I could pay $100 to $150 per month to pay it off. He asked about refinance of the house and I said that could be a option so he set up a payment plan for me at $177 per month and I said I didn't know if i could do that much. I made the payment for a almost 2 months and called and said I couldn't afford that much a month and he said I had to pay it the arrangement was made on the agreement of refinacing the house and that they were a attorney's office and if I didn't pay it they would start legal action. No whereon any papers that I have say attorney's office and with this on my credit report I can't refinance the house. What options do I have now?


Asked on 8/05/02, 8:32 pm

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: collection agency or attorney?

They always have an option to go after you via lawsuit on the debt. Although bankruptcy would ultimately get rid of them, you might want to investigate a debt counseling service to see if you can get some of your other payments down to make these payments easier.

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Answered on 8/17/02, 10:12 pm


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