tag:blogger.com,1999:blog-30116234.post5422928438268153413..comments2023-04-02T05:53:11.429-05:00Comments on Buddhist [from] Nebraska: Telling StoriesMonicahttp://www.blogger.com/profile/17336284049302046478noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-30116234.post-11781841242581880002009-12-01T11:35:30.114-06:002009-12-01T11:35:30.114-06:00I look at credit card companies as an opponent in ...I look at credit card companies as an opponent in a game of skill. They charge late fees, raise your interest rate, tempt you with access checks, and generally act like schmucks. You have things you can do like cancel your account, transfer your balance to another bank, and use the nuclear option (chapter 7 bankruptcy). If bankruptcy is the best option for you, then don't worry about Chase, or Citibank, or whomever, just do it and declare yourself the victor in the game.Johnhttps://www.blogger.com/profile/04776267406256465990noreply@blogger.comtag:blogger.com,1999:blog-30116234.post-63275244022877759922009-11-30T10:44:43.323-06:002009-11-30T10:44:43.323-06:00I have consulted a lawyer and discussed bankruptcy...I have consulted a lawyer and discussed bankruptcy, for which I am a good candidate, but they are legitimate debts, so I don't want to welsh. I have also been advised that I am collection-proof, since I have no assets for them to take. I don't even make enough for them to be able to garnish my wages. I tried to negotiate a payment schedule when I first defaulted, but they wouldn't make a deal I could manage. Thanks for the advice though. I'm going to see if I can get them to settle for a partial repayment, enough to cover the principal but not all the fees. We'll see. Wish me luck!Monicahttps://www.blogger.com/profile/17336284049302046478noreply@blogger.comtag:blogger.com,1999:blog-30116234.post-46931007926824402072009-11-30T04:46:30.486-06:002009-11-30T04:46:30.486-06:00Your lawyer will probably tell you this anyway, bu...Your lawyer will probably tell you this anyway, but you have a couple of choices: <br />1) Declare bankruptcy, which is an extreme measure for this situation and might cause more damage than it fixes, or<br />2) Offer to set up a payment schedule, stick to it, and pay the thing off.<br /><br />If you don't offer them some form of payment, they WILL come after any assets that you own and they WILL get them because they're legally entitled to them. Forestall all that by offering a payment schedule.<br />Disclaimer: I'm not a lawyer and this is not legal advice, but I've seen this situation before in my line of work. Good luck.Anonymousnoreply@blogger.com