Need serious credit advice (sorry for similar thread)

**Mezmiro** · 04-08-2010, 12:18 AM

There are a few companies which specialize in defending their clients against wage garnishment to pay credit related debts. In your case, it might cost you less than $1000 to settle the debt if it's owed to only one lender.

Check out your local bankruptcy attorneys and see what they can help you out with. Usually these guys are trained to deal with wage garnishment defense in addition to everything else.

Good luck mate. If it comes down to it though, just pay the $1000 if you can manage it. But don't settle for a monthly plan if you can't guarantee you'll be able to stick with it. In that case, get an attorney.

**tea tree** · 04-08-2010, 12:26 AM

offer to pay them half in a few installments, like three. They do that all the time. Best you can do. Or 40 percent all at once.

**Fbmowner** · 04-08-2010, 03:57 AM

Again thanks for all the replys. I spoke to the collection agency's attourney. They refuse to accept what i can seriously afford. Basically after an hour on the phone it ended like this " if you dont give us what we want well just garnish your pay. So if they want to do that they have to go to court to get permission. So im going to follow through and respond and get a court date and try to work something out that way. The "court" papers they sent me are just basically a scare tactic (from what ive researched). Its not complete BS but basically there threatening to take me to court and since we cant come to a reasonable agreement i think im just going to have to go with it

**joeysmallpots** · 04-08-2010, 04:15 AM

they actually go to court all the time in the hopes that you don't show up, which most people don't. I was in the exact same boat twice, the first time i didn't go to court and they garnished my wages , but they didn't garnish my wages till like 3 years later. And my case they did charge me the court fees too which is actually an additional debt as well. the second time i settled before court, i would recommend that if you can, see if you can settle and make a deal before then, at least agree to something to avoid court. They usually will take crap monthly payments if you agree to it.

**tea tree** · 04-08-2010, 11:33 AM

is it a collection agency? They wont go to court. Just keep dicking with them the lowest number you can. 40-50 percent somehow in payment is ok the parent company is telling the credit agency. Some companues set lows of 40 some 45 some 50 blah and just find that and make a several payment deal. they will lie to you and yell at you and try to scare you. Tell them to cut the crap and tell you the lowest number cuz that is all they can get ever from you. They want their comission and more often than naught they get nothing. Tell them to put their supervisor on and offer them the lowest. They wil take that. Unless, sorry, it is past that and the lowes is too much in payments. Then try sending a good faith payment maybe to stall. If it is the credit company and naught a collection agency then idk it might take some more time and then it will got to a collection agency. They rarely get to court.

**hempstead** · 04-08-2010, 12:48 PM

Also if it has been over 2 years do not give them shit. Do not answer their calls. Do not acknowledge them. If you pay them after this point it will bring down your credit score. If you are trying to get a mortgage they recommend not paying it til closing because it will mess up your credit rating and interest.