There is also a book you might consider called Thou Teacheth My Hand To War
Creditcards are your ticket to bankruptcy. Creditcards come with agreements that even attorneys have difficulty understanding. If you are smart, you will cut up, burn, mutilate all your creditcards. This blog is about Creditcards, debt, and money. You gotta get mad about the abuse! I thougt creditcards were useful financial tools until I learned about the creditcards secret usage policies allowing them to charge my account without my permission. Now I have a better way to manage money.
Thursday, May 04, 2006
If You Are Getting Sued - Know What To Do
You likely will not find an attorney to help you get out of paying a debt - they don't do that. They'll defend you, but the first thing they'll do is negotiate a settlement, even if you don't owe the debt. That is fine, if you can afford to settle. If you can't you will have to defend yourself and force the creditor to prove you owe the debt. In the case of credit cards, they are hard pressed to do this according to strict court procedure, and if it is a collection agency that purchased the debt it is even harder for them to prove. You must use this as your defense, that they must prove their case. A great resource for this is a book titled "Beating Up On Debt Collectors" Click here for the book
There is also a book you might consider called Thou Teacheth My Hand To War
There is also a book you might consider called Thou Teacheth My Hand To War
Jim,
ReplyDeleteI have a BA in Economics and used to work phone customer service for GE Capital during college in their retail credit diivision. I can say I have seen all kinds of shenanigans.
Great Blog. Keep up the good work.
Mike