April 17th, 2009 by Questions
I am a 54 yr.old widow of 16 yrs.. I live on a widows pension from the federal superannuation group, as well as a small CPP pension from my husband. The total of both is $1357. mos. total. I have been unemployed now for 1.5 yrs. I am paying several contract bills per month, that eat up my pension. I am living with a relative for this whole time period, because I can not pay rent. I can hardly pay for food.
I have been served a letter from a lawyers firm, regarding an outstanding amount due from a credit card company.
I can not pay off the $7,400. due at this time. I do not want to go bankrupt, nor
can I afford this, nor a credit settlement.
Is it possible to have a debt. settlement at this late stage of a law suit in progress.
I am proposing to pay some of the interest now for 6 mos.. I need more time to look for work, and get on my feet.
The law firm wants to take me to court.
What can I do to prevent this action in the near future?
Posted from: Ontario