my bank is suppose to start collection today on my house loan and truck loan I'm unemployed and need advice
436702
Sell your truck and use the money to pay your house loan.\n\nI suggest you to sell everything you own (Including your bed) and pay your house loan before you are kick out of your house and you end up homeless.\n\nPlease let me know how much debt exactly do you have in your house loan and how much is your house worth so I can find you a buyer for your house before your house becomes property of the bank.
740280
Please ask a loan officer in the financial institution you have borrowed money before.  It is easier to deal with people who know you  than with a bank you never dealt with.  Good luck.
692124
Call the lender (or, possibly the collections agency if your situation has gotten to that point).  Many companies are willing to work with you because defaulting on a loan is bad for their business, too.  However, you have to show them that you are a responsible borrower:\n\n1.  Explain to them what happened (tell them just what you told us here)\n2.  Tell them that you will take responsibility from now on (the loans will always be in your name, so even if your mother still plans to pay them off, you should still keep a watchful eye on your account balance to make sure that she is never late) \n3. Ask what repayment options you have at this stage.  Some lenders will put you into a forbearance in order to alleviate your payment problems.  Other lenders will recommend that you consolidate your loans in order to lower your monthly payment.  Others will, as you suggest, devise alternative payment options called an "income contingent" or an "income sensitive" payment plans.  Ask them if they can do this and, if so, whether they can make your payments close to $50.  Generally, once you make 6 consecutive payments on time, you will be out of default, which will help your take-home wages and your credit report in the long run.\n\nRemember, too, that collections agencies deal with a lot of lazy people -- show them that you are different.  If the person you speak to is having an "off" day or doesn't seem willing to help you, try again.  Consider asking your former Financial Aid Office to contact them on your behalf (I have done this for students) -- sometimes they are more pleasant when dealing with someone "in the business."\n\nFinally, one of your rights as a Stafford or Perkins Loan borrower is that you be allowed to speak to an ombudsman when things get rough.  You can find one and learn about what they can do at http://www.ombudsman.ed.gov/  (Basically, an ombudsman is an individual who resolves disputes through an independent viewpoint; they do a lot of impartial fact-finding to make sure that you have been treated fairly.)
1051492
Call the bank and ask them
784783
a loan from the bank wait snap u have poor credit nvm idk
673335
Contact them immediately and set up an arrangement to pay them or borrow from friends or family to pay them back.  They can garnish your wages.  When they do, it will be on their terms.
845282
get a job, put all you left over money in a drawer,  when the drawer gets full enough, go make you down pay't.  otherwise, you will probably be paying 25% interest on your loan.  don't borrow anything.  pay cash!!!
1035715
Some banks do that, check with a supervisor at the bank and if you do not get help then go to the BBB
769671
CheckSmart is feeding you a line of bull$h!t.  As long as you are making a reasonable effort to pay off a just debt they CANNOT turn you over for collection (under the Fair Debt Collection Act)and they sure as heck CANNOT have a warrant issued for your arrest if they can't prove that you deliberately committed bank fraud.  \n\nHere's what you do:  Get the name, address, telephone number, and FAX number of the manager of the Columbus CheckSmart office.  Write him/her personally and explain the situation.  Be sure to FAX a copy to them ASAP and make sure you keep a copy of the letter.  Let them know that you're willing to pay the debt but you simply can't hand over that kind of money right now because you got scammed out of a huge chunk of money yourself.  Send the original via UPS or FedEx so you can ensure your letter makes it there before noon on Friday.  If you don't hear from the manager by Friday, call on Monday and ask to speak to him/her.  If this person is not willing to accommodate you, that's when you start playing hard-ball.\n\nIf the manager says he/she is going to get a warrant sworn out for your arrest, then tell him/her your lawyer will be in court the very next day filing a damages lawsuit against CheckSmart for wrongful prosecution, and that he/she will be named as one of the defendants in the suit.  \n\nIf the manager demands payment in full, tell him/her that you will pay what you can on a schedule but that's all you can do.  \n\nIf he/she tells you that's not acceptable, your reply is that you're not asking -- you're telling him what you can and will do and he/she will just have to live with it.  And if he/she has a problem with it, encourage him/her to read up on the Fair Debt Collection Act.\n\nYou should probably contact a lawyer as well.  Look in the Yellow Pages for attorneys that give free initial consultations.  You might get someone who will take your case pro bono (for free).\n\nGood luck!
774251
CarCraze --- you are wrong, sorry to say\n\nWhat you have there, my dear, is a bona fide Court Order for you to appear in court to answer to a Motion to Collect a Debt. If it is on Court paper and has a case number, call the Court to confirm the Docket Number, and find out when the hearing date is.\n\n\nYES, they do have that power.\n\nYES, That is the equivalent of a Subpoena.\n\nIf you "just let it ride", as you say, don't be surprised when you open up your paycheck and you find a good chunk of it GONE !\n\nWhat you should do:\n\nSeek legal counsel (get a lawyer) and come up with a manageable payment plan that is both satisfactory to your creditor, and workable for you.\n\nDON'T HESITATE - you will regret it.
778350
If you've had a checking or money market account with a bank for awhile, I'd start with them.  That's how I had to start building my credit.  Take out a loan and pay it back with the money I got from the loan.  \n\nNowadays, it's tough to get a loan unless your record is spotless or you're getting a house at a rock bottom price.  Good luck.
1047151
Try going to a local church for the help you need.  Those fast loan places are bad news.  Your financial problems will only increase.
1003909
I really don't think you would get a loan with 20 negs and only 1 positive. Well, you might but you'd be paying out the **** in interest.\n\nYou should concentrate on learning how to deal with the baddies on your reports. \n\nAlot of how you deal with them depends on how old the accounts are and if you are still within the statute of limitations (SOL).\n\nYou should have requested a deletion when you paid those accounts.\n\nBut, you can try and dispute the paid negative accounts with the credit bureaus to try and get them removed. \n\nIf some of the credit was sold to a collection agency, and you are out of SOL, you might think of sending debt validation letters to the collection agency's and disputing with the credit bureaus. Just be sure you are out of SOL before doing that.\n\nIf you have some credit cards that are still with the original creditor, you may be able to re-hab the cards. That would mean making an agreement with the original creditor that you will pay (or make payments) on the accounts and when they are paid, you will be allowed to keep the account open. \n\nJust be extremely careful when doing something like that. Making a new agreement with the original creditor "will" reset your SOL. If you miss a payment or fail to pay at all, they will have a new 7 year clock to report and reset the state SOL for collections or suing. So, if you make that agreement, stick to it no matter what.\n\nYou might go to the site that I have listed and do some reading on how to deal with cleaning up your credit.
623804
THIS IS NOT LEGAL ADVICE.  YOU SHOULD SEEK ADVICE OF COUNSEL WITH KNOWLEDGE OF LOCAL LAWS.\n\nBetter check your loan agreement, promissory note or other debt instrument.  Many companies include in the terms of their debt instruments a right to call the full amount due at any time, at their discretion.  If this clause exists in your debt instrument then they may be within their rights to do so.  If the clause is not in your agreement you may have some ability to fight their claim for immediate full payment. \n\nGood luck!
208534
I'm going to assume you have unpaid debts that went to collection.  Start by going to your creditors, and giving them a plan to have the money you owe them paid back.  Then stick to that plan like your life depends on it.  Once repaid, they'll clear your name, and report your debts paid to the credit bureau.  \n\nAll the while you do this, keep all payments up to date.  Now this is going to take some time, but the number one and two things lenders look for with people who had previously bad credit are your resolve to pay your uncollected bills, and your resolve to have learned from your mistakes, and keep all payments up-to-date.  Good luck!
87151
Hi PaintedTiger, \n\n Well you have certainly painted yourself into this corner, haven't you now? I know, I know, bad joke, but hey what can I say? You gave me that joke. \n The first thing I would suggest is that you call your creditors and explain your situation and ask for an extension. You would be surprised how often creditors are willing to work out a payment arrangement with you. If you blow them off or wait too long, then you will pay the price. Call them today!!\n  As for your utilities, gas, electric or heat, there are a number of community programs available depending on where you live. I suggest you contact your local city hall or maybe the library and ask for assistance. If your in a cold climate I know there have been a number of oil assistant programs. Check on those if needed. \n  Well I hope this info helps and please keep a positive attitude, because in the grand scheme of things, this is no biggie, no smallie either.
1182257
good luck trying to get one..\nhold off on another loan; work to pay off your current ones as of now..