>Golden Ticket<
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No, they won't sue for that amount. It will just stay on your credit report for 7 years.
Yes, call and make a payment arrangement. They have to accept it even though they will try to get as much as possible from you up front.
Keep in mind to ask them what specifically will happen with your unpaid balance, if you can stop it from accruing more fees. |
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I'm Better Than You
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CALL THEM AND BE COOPERATIVE!
; ) |
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certified_political_hustler
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Me...I wasn't so as careless with money I was careless
with my identity and big time responsibility like a debit
card. Tell them you'll pay them in payments. Yes, they
might sue. |
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luvinhim
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call them and tell them how much you can pay right now. they will usually work with you if you want to make payment plans. |
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chickey_soup
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Call them and tell them you can send 100.00 now and when you will be able to make the next payment. Technically they can sue you. However understand they are likely saying this to 'encourage' you to pay. It would cost them more to sue you then to write it off. Paying them SOMETHING now increases your chance of not getting sued.
Also understand that getting sued doesn't mean much. You'll get a judgement against you to pay but they still can't force you to.
It's admirable that you are trying to do the right thing. A lot of creditors are sleazy-don't let them faze you. |
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what?
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call them. yes they can sue you and they will add money on to your debt everyday til you pay it. its how credit card company makes money. its like they loan you the money then charge you intrest. good luck. |
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Millsberry username is mooomoe33
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just make the money as fast as possible and pay back everyone you owe |
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Fred Said...クリスティー
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Credit card companies will take what you give them. They base their "to sue or not sue" decision on the card activity. This includes payments. Send them the $100.00 Even if they say they have to have $500, they will take what you send them and that will get them off your back for the time being, but don't slack off after that. BY LAW, YOU CANNOT BE SUED IF YOU ARE MAKING AN HONEST EFFORT TO PAY THEM BACK. Keep sending them what you can when you can, until you get it paid off, then kiss that company good-bye. |
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teresathegreat
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If you have the money to pay your debts, then you are legally and ethically required to do so.
Call the American Consumer Counseling Center - unlike a lot of those "debt solution" places, this is a non-profit and won't take your money. They can give you some great counseling and advise you on how to reach a fair solution with BofA and Chase.
American Consumer Counseling Center
http://www.consumercredit.com/ or 1-800-769-3571 |
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Thin Kaboudit
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Send them SOMETHING...or they will certainly sue you for the full amount, and for the expenses they incur in getting back the money you borrowed from them and are now reluctant to pay back. The fact that it's "only $2300" is completely irrelevant to Chase, they already have full-time lawyers on-staff, so it costs them the same whether they sue you or not. If they do, they will likely be awarded the $2300 + court costs, and if you have a job, your paycheck will be garnisheed a Court-established amount. Far better to work with them so you have some control over how you make the repayments! |
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Kevin
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You should really just stick to one credit card. As of now, you should write to the credit card companies telling them you want to cancell your credit card. Then, if possible, send them your remaining balance and end it. Just one card is all you need. My mother had the same problem and cancelled all her cards but her bank card. You are better off. |
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biwagirl20
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I have never seen so many totaly crappy answers in my life.
"send them how ever much you can"
"they wont sue you"
"they ahve to take waht ever you send them"
These are all CRAP!
Chase and Bof A are two of the biggest credit card companies and they sue people everyday. ususally anything over $1500 they will sue on.
If you have the money, pay it. This will be your best move. If they sue you and get a judgment it will stay on your credit for years and years. And regard less of what some people tell you, there is no way to remove a judgment if it is being reported correctly.
these two banks are very good at taking settlement offers, this will however show on your credit that you did not pay the entire amount, but it is better than getting sued.
So, to answer your question: "What is the best way to not get sued?"----PAY YOUR BILLS
I prmoise you that if you pay your bills on time you will never get sued for bad debt. |
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Sassy Pants
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Send the $100. They note everything in your account, so any attempt to pay them off is better than no attempt at all. You can really try to work it out with them to have a payment plan. They just want their money. Just hope you get one of the nice operators and hope for the best. Good luck. Debt sucks! |
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Joe
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Usually if you offer to pay them something and make steady payments they'll probably leave you alone. Call them and try to make an arrangement. |
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MR DESTINY
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SEND THEM THE 100 AND HOW MUCH YOU CAN , ALL THEY WANT IS FOR YOU TO MAKE PAYMENTS ALSO FROM NOW ON GET A DEBIT CARD FROM YOUR BANK AND USED YOUR OWN MONEY. |
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Mr. Taco
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Try calling them first. If you tell them you are sending something and you send it, they will usually back off somewhat. Give them a call and see if they will work with you. They know that if they sue you and you merely don't have the money, they won't get it anyway. So they'll likely work with you. If you do nothing, however, they most likely WILL sue anyway, and if you have a job, you could get your wages taken. It sucks. Good luck! |
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wizjp
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Call them and see; keep in mind if they decide to sue, you'll get hit for the court fees as well as the debit.
Of course they will sue; what do they have to lose? |
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hippityhophop2002
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By law, they cannot demand more money than you can afford to pay. Start keeping track of every time you speak with them, and if you can remember when you spoke with them or had any relations with them at all, document it now before you forget. Send them what you can afford. DO NOT GIVE THEM ACCESS TO YOUR ACCOUNTS. Do not let them bully you, that is harassment. I'd suggest watching your credit report too, if you aren't already. You can get a good price on it at www.freecreditreport.com. I use this site. Send them the $100 now, and make sure to keep a copy of it. In addition, get a copy of your statement after the check has cleared. This will show that you are trying. They can sue you if they want, but if you are making an effort to pay it, and you can prove it, the judge will most likely side in your favor. Usually they threaten to sue you to intimidate you though, and they don't actually follow through with it. Again, that's harassment. Pay only what you can afford to pay, but do make the effort. |
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beauty s
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call them and say u only have a 100 and see if they will take it.. or save your money till u get to the total.. |
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Joseph T
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You owe them $2300, you have the money to pay them off but you think $500 is too much? Weird
Just send them what you can, if they see something coming in they will leave you alone. If you send them 0 I am sure you will be haunted by collection agencies and bad credit reports the rest of your life. |
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monfisch
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Call them and tell them what you have now.
If you really feel like you're sinking with debt, call a debt consolidator. I don't have any off the top of my head, but an ex and a couple of friends have gone through them, saving their butts from creditors. It's great if you have terrible credit because they can help you rebuild credit also. |
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mark_daspit@ameritech.net
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You always send them what they can to show you are making a good faith effort. It doesn't hurt to talk to them as well to try to work out a schedule. If you don't get the right answer, then don't waste your time with that person and ask to talk to their supervisor and work your way up the ladder. They would rather get money than sue you. |
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Skepticalist
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I remember someone saying that sending them a little every month stops them from suing, but not sure. I would call them and let them know to expect a little each month even if they said it was not enough and said don't bother. I think they can hurt you more if you don't pay a least a little. But in court, if you can show you at least tried to resolve this over time and made a small payment every month, it would be to your benefit. |
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Why!?
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they won't sue for small stuff, they lawyer fee and time they invest in getting your 2300 might not be worth it.. just make sure you call them and tell them you will pay but just can't pay that much.
paying a little is better than not paying at all.. chase is a huge bank i find that sick they have to be so mean about it |
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ladywildfireok
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They will not sue you as long as you are sending them money. DO NOT give them your bank account number to draft out the money. Send them a money order or cashier's check instead. They will clean out your account if you give them the info! It is illegal, but they do it all the time.
I promise, they will not sue as long as you are sending them money. |
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Jimithy â„¢
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Try and get a small unsecured loan. It's better to owe one person than many. Talk to your local bank. I had to do that for some medical bills. |
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SEX LOVER!!!♥
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dont get in problems |
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AllahFeat.TheMasters
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Fake your death, then buy someone's identity on the black market. |
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pattiethepenguin
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It's not our problem.(if u know what I mean...) |
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