What is the name of your state? Florida
I had 2 credit cards (1 Visa and 1 Mastercard) I opened the account in May '97 Both card companies charged me for disablilty protection even after I had canceled both cards in Dec. '98 when I was disabled during a pregnancy. I explained my situation every time the companies called. The disability coverage was never honored. I did pay Visa $1,000. in April '99. out of the then $2,000. which is now up to $3,484.28. Eventually, the calls stopped. I hadn't heard from anyone in years and now I'm getting phone calls from a different company who purchased my account from another company threating to put a judgement against me if I don't pay them at least $1,742.13
The Mastercard account has also changed hands many times and also wants around $1,200. to "settle my acount" My problem is that I do not work. We are like a lot of families and live pay check to pay check. We have 4 children and it would cost us more than I could make in one week to have them in a day care and/or before and after school care. If I could pay the debt I would. I know that it isn't much but, I have offered to pay $50. a month which neither company will accept. Both companies will only accept 50% of what they say I owe on top of the interest that has been added in by the individual companies. I do not know what to do. I don't own anything, and my husband is the only one working. I am very upset. I don't know what to expect. Any advice would be greatly appreciated. Thank you for taking the time to read this and to anyone who responds.