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Credit card payments question, please help!
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Posted by Aam
(64.156.155.68) on September 06, 2002 at 02:58:29:
My summarized story: Lost large money in stock market (over 100K) with credit card money. Foolish to think I know the market bottom but got cut by the falling knife. No problem to pay a little over the min. payment for quite a while. This week, rumor that my company is considering filing chapter 13 and will lay off half of staff. I live in California.
My question is, if I get laid off and don't have income to pay bills, should I call the credit card company to inform I lost my job or just let the credit card bills get default quietly?
Thanks in advance.
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