I owe about 5000 to wells fargo on a credit card I was paying on until I was in an accident. I'm 22 and can no longer afford this credit card. They call and harass my everyday. morning and night, I simply don't have the money. Are they gonna take me to court and attach my wages? Do I have any rights other than settling for 3 payments I don't have the money for? I also have the medical debt from my car accident. Can I just not pay them?
Not paying them is your decision to make, but they could very well sue you, obtain a judgment and garnish your wages, etc. If you're working and have income, I recommend you not ignore the situation in hopes that it will just go away. It probably won't, so it's best to deal with it now before the $5K turns into $10K. And yes, you do have options other than settling for 3 payments you can't afford at the moment. Is the debt still with Wells Fargo or is it now in the hands of a collection agency? That will have a big impact on your strategy for negotiating payment.
