That's what happened to me, I had what the Dr.'s said was two mini strokes, and missed one months payment on my credit cards, on which I'd never missed a payment or even been late in 15 years. Did any of that count? Hell no, not even a little bit. Suddenly, rates went up, accounts were closed all with no warning. A couple of them did work with me on setting up hardship payments, but they closed the accounts anyway. Two I never missed a payment, making the effort to find the money to pay them through the problem, but as soon as they found out I was having problems, they shut me down, but of course I was expected to continue making payments at interest rates now of 26-30%. So I got back to work and got back on track making my payments as newly agreed, but their one wayness, their back stabbing, their loan sharkness was on my mind. I was selling things to free myself and also pay for my move to Calif. Some of that went toward paying bills, in addition to getting ready to move. Finally the day came and I moved. I got to Calif and continued to pay, though money was short. But I was still burned up over the fact that I'd never missed a payment or been late, then after one bad month, my name was mud, I was a deadbeat as far as they were concerned, my previous history counted for nothing. Then I found out the company I was working with was closing their doors. I immediately stopped paying my bills, called a bankruptcy attorney recommended by a friend, made an appointment and drove 50 miles or so to consult him. I retained him, paying 2700.00 for his services. I filed bankruptcy and freed myself. I am no longer a slave to the banks and credit cards. If I'd kept paying realistically I'd have been working for them the rest of my life, and still owed them money when I died. After my BK I owe nobody anything, except rent, and utilities.
Free yourselves, file bankruptcy today.
Excellent post. Both thumbs up.
ReplyDeleteTo the banksters, drop dead.