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Re: over my head
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Posted by buffy
(152.163.253.37) on July 24, 2003 at 08:46:00:
In Reply to: over my head posted by over my head on July 23, 2003 at 18:14:29:
please hang in there....i am in the same predicament wherein all four original creditors have charged me off with debts totalling $40,000. i am unemployed and have no real assets on my own. so far, none of them have sued me YET...all have threatened. it's been 9 months now...if they sue, i will surely file for bankruptcy. i tried painstakingly to work things out with them...but by now, you know that the process of even settling with these collection agencies/original creditors can prove to be futile. try to avoid their calls as they can surely dampen your spirits. more than all, remember that you cannot give them what you do not have...so hang in there...at this point, you are better off not paying them. your credit reports will show the charge offs for 7 years, no matter what. hopefully, thereafter, you can start a new slate without filing bankruptcy.
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