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What will they do next?
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Posted by Joe
(15.252.0.75) on August 21, 2002 at 19:14:30:
Most of my CC accounts just got charged-off and I have received letters from the CAs. They all stated their names and the CC they represent. They all said if I have any questions about those debts, I must acknowledge them within 30 days. I have no questions those are my debts but I have no assets and no money to pay them. Therefore, should I just do nothing and wait until they call me? Some of them called my cell phone but I did not answer them. One of them got my work number and I’m about to send him a cease letter. Should I send them the cease letters? I’m afraid if I do that, they might recommend the CC to sue me. What will they do next? My total credit debt is about $60K. One of them I owed 20K, another one 18K…..
Thanks,
Joe
Oregon
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