Then you start missing payments all together and the letters and phone
calls from the creditors begin.
Not exact matches
it is better than an informal debt settlement program because it provides legal protection
from creditor actions (like wage garnishments and collection
calls) right
from the
beginning.
With constant
calls, letters, and emails
from creditors, you may
begin to feel like a small fish in the middle of a shark feeding frenzy — while your
creditors want to devour what little you have, you have few options to regain the security you once had.
Sooner or later the
calls from creditors will
begin and short of paying them what is owed or filing bankruptcy, many people struggle with how to handle the incessant phone
calls.