Welcome MLegz13. Thanks for your comment. Can you think of a way how new federal rules could encourage more settlements without interfering with states' control over state and local courts?
A lot of excellent points made by MLegz13. My elderly parents needed help with day to day activities even if they were too proud to say anything. I stopped my award winning video business to be their CareGiver. Once the savings ran out, I had to default after 15 years of having a perfect credit card payment history. The debt collectors were constantly accusing me of being a "refuse to pay" even though I said I acknowledge the debt but had no income at the moment. It is this type of scenario that requires debts be frozen where they were at the time of default and in exchange the debtor agrees to pay off the debt, even if the initial monthly payments are just for a couple of dollars. What this does is free the debtor's phone lines so they can completely focus on moving forward rather than engage in pointless rat a tat with repetitive debt collection callers. It's why I started the Debt Neutrality Petition as well. If you click on the link PLEASE read the comments left by some of the 500 plus people who have signed the petition. Even a debt collector signed the petition, their comment speaks volumes of truth, as did all the others as well.Debt Neutrality Petition.
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Welcome MLegz13. Thanks for your comment. Can you think of a way how new federal rules could encourage more settlements without interfering with states' control over state and local courts?
View this comment in the discussion thread
Debt Neutrality Petition
2
A lot of excellent points made by MLegz13. My elderly parents needed help with day to day activities even if they were too proud to say anything. I stopped my award winning video business to be their CareGiver. Once the savings ran out, I had to default after 15 years of having a perfect credit card payment history. The debt collectors were constantly accusing me of being a "refuse to pay" even though I said I acknowledge the debt but had no income at the moment. It is this type of scenario that requires debts be frozen where they were at the time of default and in exchange the debtor agrees to pay off the debt, even if the initial monthly payments are just for a couple of dollars. What this does is free the debtor's phone lines so they can completely focus on moving forward rather than engage in pointless rat a tat with repetitive debt collection callers. It's why I started the Debt Neutrality Petition as well. If you click on the link PLEASE read the comments left by some of the 500 plus people who have signed the petition. Even a debt collector signed the petition, their comment speaks volumes of truth, as did all the others as well.Debt Neutrality Petition.
View this comment in the discussion thread