credit card debt
September 7th, 2006 by Questions
rather than filing bankruptcy – I have an individual negotiating with credit card companies on my behalf – reduced balances, interest rates etc. At what stage should I assume he’s not successful – I’m concerened that the credit card companies come after me and garnishee my wages or bank accounts – will there be any advance notice prior to this happening – i’d like to know – if so i will contact a trustee at that time. How long should i wait – I\’ve been just forwarding on to him the statments and collection letters – he’s been negotiating for 2 months approx.
i’ve seen organizations that promise to completely eliminate credit card debt – is this possible or even legal??
(I’m an Ontario resident)