She could be sued if she stops paying on the debt. She would need to show at that time - or now - that her income is exempt.Ok, so right now she is having the payment automatically withdrawn from her account. So if she stops the automatic payments and doesn't pay anymore she will be ok?
She should stop the automatic payment even if she intends to keep paying the bill or a portion of the bill. She needs the flexibility to decide when she makes the payment.Ok, so right now she is having the payment automatically withdrawn from her account. So if she stops the automatic payments and doesn't pay anymore she will be ok?
I would not provide those records to the credit card company now, and certainly not without good reason to think that the company would actually be willing to settle the amount due if the information was provided. If the creditor sues and gets a judgment, it will simply be unable to attach exempt income and assets. While the judgment might ding her credit record, if her income is low and she can't afford to make even minimum credit card payments then she should not be borrowing anyway in which case the ding on her credit isn't a big deal. With that in mind, I'd be inclined not to give the credit card company any sensitive financial documents.Financial records. Bank deposits. Tax returns.