September 13th, 2008 by Questions
I am currently finding it difficult to keep up with my credit card bills. If they go to collections and I still have problems repaying can the take legal actions against me?
Posted from: Ontario
September 15, 2008 at 8:59 am, A licensed trustee said:
Certainly, in fact the usual sequence of events when a person stops making their payments is to send the debt to a collection agency first and then to take legal action. If you’ve only got the one debt then ask the colection agency for payment terms – they may even forgive the interest. If you’ve got a bunch of debts then you may want to use the links on this page to contact a trustee to discuss your options.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.