What is the name of your state? GA
I have a summons for old credit card opened 10-95. Stopped using it '97, last payment 12-04 so it's in SOL. They're suing for $6500 or so more. That's what I've paid. They want that much, again. Double. Much of it is fees. I've paid almost $2K over & above the original balance, over 7 years, through CCCS most of that time. They've been difficult & uncompromising, which I'll explain if anyone asks. It's Bank of America via a CA. This creditor has called me at work relentlessly, faxed a big demand or something with my SS# on it to my job, etc. I told them I disputed this years ago & informed them I would not be paying them any more.
I got a notice from the att'y, I responded immediately with a detailed letter again disputing, got a summons to appear in court in return. Att'y acts like he's completely fed up with his client, & I actually think he's sincere.
Att'y & I have gone back & forth with a few settlement ideas. I offered $1200 over 2 years. His partner came back with $1400, $35/mo. I don't want these people in my life for 10 more minutes, let alone 3+ years. I told him I'd let him know Mon.
My financial situation:
I have an 80/20 subprime mortgage one of which is an ARM. No equity. None. I have zero extra disposable income not including paying off old debt. I have one vehicle with payments & a profane interest rate, owe about $7500. I owe taxes, $1000 or so, there's a lien. I couldn't & can't pay it. I have an existing garnishment for a student loan. It will be paid in a couple of months. I have no savings. I have a 401K. My income is insufficient & I'm paying for old mistakes which compromised my credit score so I pay more for car ins, the house, etc. The ripple effect seems interminable. The only thing of value I have is my health and my brain. (Can they take that? They're probably working on legislation towards it.)
If I get a judgment I will either live without electricity or lose my house or my truck. I will NOT lose my home over a credit card, & I can't take the bus to work. There's no bus line.
Question is, keep trying to settle, or go to court? I will be unrepresented. What are my chances of walking out of court & having my truck to drive home in & a house to drive it to?
I understand if there's objection to my refusing to pay this but I stand firm, I do NOT want to pay this. It's usury. Even if I did, I am unable. I have explained all of this to them.
Court is next Thurs.
I have a summons for old credit card opened 10-95. Stopped using it '97, last payment 12-04 so it's in SOL. They're suing for $6500 or so more. That's what I've paid. They want that much, again. Double. Much of it is fees. I've paid almost $2K over & above the original balance, over 7 years, through CCCS most of that time. They've been difficult & uncompromising, which I'll explain if anyone asks. It's Bank of America via a CA. This creditor has called me at work relentlessly, faxed a big demand or something with my SS# on it to my job, etc. I told them I disputed this years ago & informed them I would not be paying them any more.
I got a notice from the att'y, I responded immediately with a detailed letter again disputing, got a summons to appear in court in return. Att'y acts like he's completely fed up with his client, & I actually think he's sincere.
Att'y & I have gone back & forth with a few settlement ideas. I offered $1200 over 2 years. His partner came back with $1400, $35/mo. I don't want these people in my life for 10 more minutes, let alone 3+ years. I told him I'd let him know Mon.
My financial situation:
I have an 80/20 subprime mortgage one of which is an ARM. No equity. None. I have zero extra disposable income not including paying off old debt. I have one vehicle with payments & a profane interest rate, owe about $7500. I owe taxes, $1000 or so, there's a lien. I couldn't & can't pay it. I have an existing garnishment for a student loan. It will be paid in a couple of months. I have no savings. I have a 401K. My income is insufficient & I'm paying for old mistakes which compromised my credit score so I pay more for car ins, the house, etc. The ripple effect seems interminable. The only thing of value I have is my health and my brain. (Can they take that? They're probably working on legislation towards it.)
If I get a judgment I will either live without electricity or lose my house or my truck. I will NOT lose my home over a credit card, & I can't take the bus to work. There's no bus line.
Question is, keep trying to settle, or go to court? I will be unrepresented. What are my chances of walking out of court & having my truck to drive home in & a house to drive it to?
I understand if there's objection to my refusing to pay this but I stand firm, I do NOT want to pay this. It's usury. Even if I did, I am unable. I have explained all of this to them.
Court is next Thurs.