Hey, I was wondering if I could solicit your expertise on something? I posted this before, but here goes. The situation:
I owe the credit card company around $15,000.00 on three different accounts (which they bought from other companies), mostly in interest, late fees, over-the-limit fees, etc... since I got into trouble a couple of years ago (this was a legitimate emergency). They've strung me along for a while on their "assist," "re-age," or whatever programs. My balance is now higher than before.
The main points:
I made the last payment a few months ago, so it's nowhere near the SOL or anything like that. I stopped paying because I was told that I "no longer qualify for the `assist' program." I did this to try to work out a settlement. They wouldn't work with me until I got a couple of months late again. Typical.
1. How do I get out of this mess?
2. Will they sue me? Or judgement, garnishment, etc...?
3. I would never consider bankruptcy, CCCS, or whatever. I want my credit life back, not trashed for years to come. How do I get them to be reasonable? (yeah, I know, that's an oxymoron, a reasonable credit card company).
What would you suggest? I'm not trying to escape the debt, but to settle it fairly. I just want their collective corporate "member" removed from my backside.
P.S. No offense to all who responded on my other thread. I'm just hearing a lot of conflicting opinions.