Timeline for Pros and cons of filing bankruptcy or paying off debt?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
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| Dec 5, 2014 at 1:41 | comment | added | ChuckCottrill | You might also want to read some advice about the Fair Debt Collection Practices Act, as the creditors may be violating the law. Refuse to speak with them when they become abusive. Tell them you will only speak to them once per week, refuse to let them call your cell phone, and provide them a phone number that rings to an answering machine (I use Vonage, which sends me an email when they call). Call them on your schedule, be calm, be firm, refuse to ever give them your bank account number, pay by money order. They will adjust. | |
| Dec 4, 2014 at 19:18 | comment | added | Pete B. | I have done exactly that, and the difference it has made in my life is incredible. | |
| Dec 4, 2014 at 14:52 | comment | added | deadflowers | Very true, I say now that I will never borrow again, but when the cake's on the table it's harder to resist. I think everyone in this situation should decide sooner than later to save and never borrow. | |
| Dec 4, 2014 at 13:53 | history | answered | Pete B. | CC BY-SA 3.0 |