Please assistance my credit problem?
I am sued by Capital One. The court sent me the summons on Aug 17 2007. And it say I hold 30 days to report a written response to the court. I hold be redundant for a year already. I can't retribution my bills anymore because of the mounting debt, give or take a few $ 30,000. I enjoy never file the collapse previously. Is it possible for me to wallet the Chapter 7 ruin? If I report the BK, will the Capital One lawsuit against me travel away? Any suggestion? I want your backing. Thanks greatly.
Answers:
My insist on would for you to be in motion to court and explain to the Judge and CapitalOne why you cannot income this 30,000. In the first place you should never own put yourself within this situation.Most ethnic group do not know that credit is not your own money, it is solitary a loan and should be used for emergency individual. Anyway try to create grant arrangements although you are on the dole, not situation how small for immediately, later try to find a profession no event how simple the brief, so you can earn some money to earnings put money on this loan. I do not reckon liquidation is the answer.
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Answers:
My insist on would for you to be in motion to court and explain to the Judge and CapitalOne why you cannot income this 30,000. In the first place you should never own put yourself within this situation.Most ethnic group do not know that credit is not your own money, it is solitary a loan and should be used for emergency individual. Anyway try to create grant arrangements although you are on the dole, not situation how small for immediately, later try to find a profession no event how simple the brief, so you can earn some money to earnings put money on this loan. I do not reckon liquidation is the answer.