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Factoring Debt Collection

Factoring Debt Collection

Question: Help! No money, no job, credit card company keeps calling and sending letters about collection.?

I’ve been unemployed for a little over a year. Unable to find a job, think my previous employer (state of Illinois) might be black-balling me. (Anyone know how to find that out for sure?….and what to do about it?)..Any way, I’m over $13,000 in debt to a major credit card company…..also owe aprox $5500 on a personal loan through a financial institution. The credit card company calls just about every day. I explained my situation to them from the beginning, but it didn’t do any good. Now I just don’t answer the phone. They’ve sent three letters saying they will turn me over to their attorneys, or place my account with a third party for collection. I have no money whatsoever or I’d file bankrupcy. Had great credit up until I lost my job. Is there any way out of this mess? I also have insulin dependent diabetes (for the last 20 years) and depression and can’t get on any government assistance except foodstamps if that factors into anything. Thanks for all serious answers.

Answer: for your credit problems go to your local credit counseling service, most states have gov’t programs to help folks in your situation. there’s not much you can do right now about the credit card company calling you every day, it’s within their rights to call you to collect money you owe them. the credit counseling service may offer some suggestions for you to help deal with them though.

as far as affording your perscriptions try going to www.pparx.org… they can help you find assistance for your medications.

now for your previous employer situation, contact the bureau of labor and industries for your state and talk to them about it. if your employer is in fact black balling you, this is discrimination, it would be very hard to prove but if BOLI contacts your previous employer with these suspicions then they may stop so they don’t get in trouble.

good luck.

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