debt collectors
This is a discussion on debt collectors within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; i owe a company 263.75 and they sent me a letter from a lawyers firm stating they were going to ...
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#1 |
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Guest
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i owe a company 263.75 and they sent me a letter from a lawyers firm stating they were going to take legal action i dont have a job and i dont have any source of income i am living off the good graces of my family and i cant ask them to bail me out with more money cause they wont give me cash. i was just wondering how far this can go and can i actually go to jail for owing this little amount of money
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#2 |
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Guest
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No jail is possible,
and if you don't have any asset then collection will be difficult for them. So don't be too worried. |
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#3 |
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Veteran Member
Join Date: Mar 2008
Posts: 356
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Also see the articles below for a few helpful tips and relevant info:
See WORLDLawDirect - Collecting on a small claims court judgment -- Collecting on a court judgment. See WORLDLawDirect - Bill collector and creditor problems -- Stop abuse |
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#4 |
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Junior Member
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HI well I have not got the debt collectors on my back.. well heres my story
I am from New Zealand I was in the United Nations had an account from UNFCU New York, Ok I got sick last year here in Bangkok Thailand and spent quite a bit of time in hospital and used my visa and line of credit to pay all the bills etc plus recouperation. I owe the bank around 60.000 us dollars. Ok I live in thailand and am teaching am sending the bank in good faith $150 dollars per month which works out to $170 dollars in bank charges. The say they will referer legal action to pay the debt. I dont have any collateral just getting around $1000 per month teaching leaving me with $850 then rent, food etc living costs. Once again I dont have a car house etc virtually whats in my bags is mine. I dont drink or smoke so not costs there either. So what can the BANK DO? remember I am paying some money in good faith but I guess that is not enough PPLEASE ADVISE IF YOUR A LAWYER OR JUST A CITIZEN THATS MAYBE BEEN THROUGH THIS Thanks and god Bless you all Anthony |
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#5 |
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Guest
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Very unlikely they will pursue you in Thailand.
But your credit score will be reduced and they will try to take action when you return home. |
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