Legal Question in Credit and Debt Law in South Carolina
Deliquent Furniture Bill
The lawyer office want me to settle to keep me from being sued. They are asking me to borrow money at 96% or 59% or be sued where they can put a lein against my property or garnish my wages.
Asked on 4/05/07, 11:28 am
1 Answer from Attorneys
Sheryl Schelin
Law Office of Sheryl Schelin
Re: Deliquent Furniture Bill
If you owe money on a secured debt, no one can force you borrow money in order to settle the debt. If this is your only debt which you are struggling with, consider requesting to negotiate a workout with the creditor. If there are other debts that are causing you financial stress, please consider filing for bankruptcy. You can find more information on bankruptcy in SC at my website: http://www.schelinlaw.com and http://www.schelinlaw.com/about_bankruptcy.html.
Good luck!
Answered on 4/10/07, 2:14 pm