Got a call from an attorney saying "a company they represent" has purchased my visa account debt. Talked to said attorney on friday - due to call him today with the Magic Solution that I've come up with to pay the 1400.OO I owed this credit card company or "suffer the consequences" in court with a judgement. Any thing I can do? Any one have a money tree? Medical bills from my son and husband in 2000 put us in a Grand Canyon size hole with our credit cards. If I didn't have the money to make the monthly minimums, where am I supose to get $1400 over a weekend?
Re: visa charge off - purchase Have you condidered a chapter 7 or 13 bankruptcy filing? Most lawyers will give free initial consultaions. I f this is something you might truely entertain, tell this lawyer that you want to consult with a bankruptcy attroney before you make any arrangements with him. But, don't do or say this unless you truely mean to follow through.
Re: visa charge off - purchase declaring bankruptcy over a $1400 debt is a bit extreme don't you think?
Re: visa charge off - purchase The Company's name that purchased it is "New Visions Finance" - and the Visa company says they do not have the amount that was charged off - I would have to get that from this company. AAAAAAHHHHHH
Re: visa charge off - purchase If $1400 is all you owe then yes that would be extreme. From your first post, I got the impression that you owed a great deal more than just the Visa bill. Something about a Grand Canyon size hole. Good luck!
Re: visa charge off - purchase It's not, but the total amount is about 15,000. The $1,400 is the only one that is due immediately. Thank you for your suggestion.
Re: visa charge off - purchase I'll tell you what i never filed BK, i just left the debts settle, its been 4.5-6 years on all of my debts, and i've never been sued. The ability to collect on a non-secured loan is nearly non-existant these days..
