3 years ago I had accumulated 40-50,000.00 in debt, I was making all my payments and on time, I had a fantastic credit score. At that time I was injured and required surgery, long story short 5 surgeries later and 2 years spent in recovery I lost my job and my income.
I found myself unable to pay my minimum payments, at that time the credit card companies started lowering my limit and hitting me with over the limit fees and late charges.
I contacted a credit consolidating company and after paying them 3500.00 ( yes seen your form on trying to recoup that ) and 6 months time they did nothing. I cancelled those services and felt I would go at it alone.
I have managed to pay 5 accounts off with settlement offers totaling just over 10,000.00 I have been contacted by attorneys with some of the other card companies but were not as flexible as working with the companies themselves.
It took me a few years on another matter before I received the monies I had to pay them off. My situation now is that these attorneys have now entered judgements on me and have garnishments on my checking accounts ( fearing a repeat of another financial disaster ) what can I do? My debt increased from 40k to almost 74k and to pay all these off even at 50% I would have to have 35k dollars which I do not have.
I am still unemployed and living on a fixed income. I am very willing to pay off my debt and not file bankruptcy however looking for a win/win solution. Any suggestions?