I need to file bankruptcy with my credit card company due to overwhelming bills. I am on social secuity disability. That is my only source of income. I have no savings, or anything of value. I was told that I really do not need to go through the formality of filing bankruptcy seeing as the only source of income I have is social security disability, I am classified as judgement proof. I was told by a friend that all I have to do is write a letter to my credit card company explaining these details, plus proof of my income and they will cease and desist. Is this true? Thank you for any help!
You can go to google.com and type in legalhelpers. This website will give you lots of bankruptcy answers. I use to be collector for collection agency and when I would get someone on social security, no assets, no checking account numbers where we could levy their account and I had nothing then we would outlaw the bill and basically not bother with it. No one can touch disability and if you don’t own a house/condo and I would say never give them your bank account info. Only pay with money orders they will forget about you or write you off if they have none of the above. If you are talking to them each time they call then they will keep calling. From my expert knowledge on this subject I would NOT file bankruptcy because in your case you don’t have to. Especially if you don’t have plans of buying a home/car on credit, etc. What you need to do is write everyone and say you want them to cease all communication with you.. No letters, no phone calls that you have no assets, no money, on social security and have no way of ever planning on paying and sign it. Then mail it to everyone. If someone call you get their name and company and tell them the same thing and tell them if they don’t adhere to your request you will report them for breaking the FDCPA law. This law gives you the right to tell them to cease all communication with you immediately or else you can sue the company and the person calling you. They have to cease by law and I remember when someone would tell me that I would flag their phone number..No calls and letters work the same way and you can live the rest of your life in peace…If for some reason you have mailed them a payment to a collection agency in the past and used a checking account they have stored that information and that is an asset for them and they can get a judgement and levy your bank account. If you know for sure they have this acct info then close that acct down and open a different acct at a different bank and then you are fine. If they don’t have it provided to them from you then they can’t levy your acct. good luck
