Timothy
Valparaiso,#2Consumer Comment
Fri, July 07, 2006
The first thing you can do is ignore idle threats. If you are sending them $75 per month, even if they won't agree to accept that amount, there is little chance that they will sue you. It costs them alot of money to sue you, and a successful lawsuit could end up netting them LESS than $75 per month. So send them $75 a month, along with a "cease and decist" letter the first month. But what I find more effective with aggressive collectors is to send them a letter threatening that, if any more aggressive collection activities are undertaken (i.e. a lawsuit), you will divert the money you would be using to pay them towards a bankruptcy filing . And remember, this is personal advice, not legal advice. Best of luck!