Creditopics.com

Even if your credit cards are maxed out and you have a huge mortgage to pay off, you can still get rid of all your debt in about five to seven years - and begin rapid wealth-building - without sacrificing the things that matter most to you!

5 Responses

1. spifiman1 Says:
   December 4th, 2009 at 3:54 pm 1

   Since it’s been several months since you have paid your credit cards I am going to assume that they have been written off and sold to collection companies.

   What they can do is take you to court and get a judgment against you and your husband, at that point they can garnish wages (if your State allows it), attach bank accounts and file liens on any other property you may own.

   If your cars are paid for they can be seized and sold to pay your debt. If you still owe money on them they can file liens to make sure that if you sell them they will be paid out of the proceeds of the sale.

   All this on top or ruining your credit for 7-years.

2. Future sexy babz Says:
   December 7th, 2009 at 3:59 pm 2

   yes they can.they also black listing(all bank in your country) you and your family.i think try to ask minimal payment you can pay.check for over due&new bills,find finance&law counsltant
   i hope everything will be ok.

3. Anthony Says:
   December 10th, 2009 at 10:35 pm 3

   Well theirs always consequences for not paying. That happen to me. The only company that I had problems and that I was afraid that they where gointo garnish my check was Nix Check Cashing. they where berry aggressive over the phone. Your gointo get a lot of bill collector calls. 24/7. Well I think that if your not paying your car note you can get your car repo. But probably the most your gointo get with credit cards are alot of phone calls and letters from bill collectors. They can be a paying in the ***. I know is not the best way. but I dint have nothing to loose. I don’t recommend it but I when bankrupt. Good luck to you.

4. jgil01 j Says:
   December 11th, 2009 at 4:02 am 4

   i would consider banckruptcy

5. stephen l Says:
   December 12th, 2009 at 10:02 pm 5

   They can do all that and more; if you have a money source you can tap like 401k , home equity, or money from a relative, you might consider debt settlement as an answer; why not pay them 50 cents on the dollar vs. the whole amount?

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