What is the name of your state? Arizona
a year ago my husband lost most of his business clients due to his partners bad management practices. we got to a point where financialy all we had was survival money and nothing left for our credit card bills and our car was repo'd in the process. now we are in a position to make some kind of payment on these outstanding credit card bills but the collection agencies only want a lump sum of money. we no way have what they are asking for. now they are threatening law suits and taking our home away by placing a lein and starting forclosure on our property. we are scared our home is all we have. is there any other way to settle with these companies?
a year ago my husband lost most of his business clients due to his partners bad management practices. we got to a point where financialy all we had was survival money and nothing left for our credit card bills and our car was repo'd in the process. now we are in a position to make some kind of payment on these outstanding credit card bills but the collection agencies only want a lump sum of money. we no way have what they are asking for. now they are threatening law suits and taking our home away by placing a lein and starting forclosure on our property. we are scared our home is all we have. is there any other way to settle with these companies?