Through the last year and a half after turning 18 I have gotten myself into some debt. Although the amounts are not absurd, they aren't within my ability to pay off. My situation is that I was let go from my primary employer in late Feb 2006 and was hired to do very sporadic work, mostly weekends, for another company in April at most working 20hrs a couple weeks a month. With the recent boom in unemployment locally there are just no opprotunities within a reasonable distance. There is no work - period.
After receiving several harassing phone calls where I was screamed at, called back immediately after being hung up on, threatened with more harassment if I didn't pay my debt and so forth from creditors with which I have outstanding debts, I recently sent out cease and desist letters to stop the calls in turn prompting them to invoke their normal "legal remedies" under these circumstances. Today I received a letter in the mail from a law firm giving me my 30 day notice to dispute the validity of my debt. After reading posts I take it that the general consensus is to send a letter asking for debt validation? Is there anything else I should be doing?
Now my concern is that I do not make enough for my income to be garnished (id est I have absolutely no work for all of January) nor do I have any seizable assets (real estate, automobile, stock, etc) mentioned in many user responses. What typically happens in a situation like mine?
I give you my most sincere gratitude in advance. Thank you for any help and advice!
After receiving several harassing phone calls where I was screamed at, called back immediately after being hung up on, threatened with more harassment if I didn't pay my debt and so forth from creditors with which I have outstanding debts, I recently sent out cease and desist letters to stop the calls in turn prompting them to invoke their normal "legal remedies" under these circumstances. Today I received a letter in the mail from a law firm giving me my 30 day notice to dispute the validity of my debt. After reading posts I take it that the general consensus is to send a letter asking for debt validation? Is there anything else I should be doing?
Now my concern is that I do not make enough for my income to be garnished (id est I have absolutely no work for all of January) nor do I have any seizable assets (real estate, automobile, stock, etc) mentioned in many user responses. What typically happens in a situation like mine?
I give you my most sincere gratitude in advance. Thank you for any help and advice!
