What is the name of your state (only U.S. law)? Colorado
My husband had been collecting unemployment a few years ago after losing his job. I was only working part time at the time and could only afford to pay our rent, and we fell behind on every other bill. A few months into receiving unemployment, my husband was able to find a full time job; however, it paid significantly less than his previous one. He continued to take unemployment for a short time to catch up on our bills, which we fully admit. We have been expecting an overpayment letter for quite awhile, and had a few thousand set aside to pay it in full. Unfortunately, my husband has now received a letter stating that he was overpaid $13k and had been assessed fees of $7k. It also states that he was being charged because he was working full time during some weeks of claiming unemployment (but that they would not file those charges if we paid the funds back in full.) Neither of us realized it had amounted to that much money, let alone accumulated fees! He called the office to see if he could set up arrangements or delay payment so we could get a loan or sell a vehicle, household items, whatever we could do to gather the funds. The office said no payment arrangements could be made and only gave us 3 weeks to make the payment in full. My concern now is that we cannot afford to pay back $20k in full. We applied for a personal loan but were not approved for such a high dollar amount - and even if we sell both vehicles and anything of value in our house, we would only come CLOSE to $10k.
The letter stated we needed to send payment in full or contact them to make payment arrangements. Can they truly deny us arrangement options if we cannot afford to pay them?? We desperately want to pay back the money so they don't file charges, but we have no options to do so. HELP!!!!
My husband had been collecting unemployment a few years ago after losing his job. I was only working part time at the time and could only afford to pay our rent, and we fell behind on every other bill. A few months into receiving unemployment, my husband was able to find a full time job; however, it paid significantly less than his previous one. He continued to take unemployment for a short time to catch up on our bills, which we fully admit. We have been expecting an overpayment letter for quite awhile, and had a few thousand set aside to pay it in full. Unfortunately, my husband has now received a letter stating that he was overpaid $13k and had been assessed fees of $7k. It also states that he was being charged because he was working full time during some weeks of claiming unemployment (but that they would not file those charges if we paid the funds back in full.) Neither of us realized it had amounted to that much money, let alone accumulated fees! He called the office to see if he could set up arrangements or delay payment so we could get a loan or sell a vehicle, household items, whatever we could do to gather the funds. The office said no payment arrangements could be made and only gave us 3 weeks to make the payment in full. My concern now is that we cannot afford to pay back $20k in full. We applied for a personal loan but were not approved for such a high dollar amount - and even if we sell both vehicles and anything of value in our house, we would only come CLOSE to $10k.
The letter stated we needed to send payment in full or contact them to make payment arrangements. Can they truly deny us arrangement options if we cannot afford to pay them?? We desperately want to pay back the money so they don't file charges, but we have no options to do so. HELP!!!!